Imagine my surprise when a hedge fund manager invited me to a retreat of the “Gratitude Railroad” rather than the typical finance conference centered on topics such as derivatives: aka highly complex products no one understands. With a conference name that intriguing, I had to find out more.
When COVID-19 and the ensuing economic disruption hit, I worried that impact investing would recede as investors sought comfort in old-style investing and social entrepreneurs kept their day jobs. Luckily, my worries were for naught: more investors are interested in doing good and doing well. More philanthropists are looking for innovative ways to address the multiple crises we face: health, economic, racial, civic, climate, and rural. Social entrepreneurs are launching and growing their ideas to address the world's problems. These leaders give me hope!