Good Returns: Making Money by Morally Responsible Investing
by George P. Schwartz, CFA
Money talks. What’s in your portfolio?
Good Returns: Making Money by Morally Responsible Investing. Discover the power of morally responsible investing, and make your voice heard in the American marketplace and the culture it serves.
As a Chartered Financial Analyst, Schwartz calls Christians and conservatives to pursue an investment portfolio that reflects their values. Schwartz explains the important distinction between the pop culture notion of socially responsible investing and the narrower and more exacting demands of morally responsible investing. While socially responsible investments tend to screen companies according to left-leaning causes like environmentalism, gay rights, and a broad (and often loosely defined) range of social justice issues, morally responsible investments screen out companies according to a clear set of criteria: those who support or service the abortion industry, producers and distributors of pornography, and companies involved in embryonic stem cell research.
Schwartz’s approach to investing is quickly gaining ground. His Plymouth based firm manages the Ave Maria Mutual Funds, the largest family of Catholic funds in America, with over 25,000 investors. With a foreword by NCAA coaching legend Lou Holtz, Good Returns has drawn endorsements from a veritable “who’s who” among pro-life leaders and influential conservatives including marriage and family advocate Phyllis Schlafly, nationally syndicated radio host Laura Ingraham, the national director of Priests for Life, Father Frank Pavone, and the host of CNBC’s The Kudlow Report, Larry Kudlow.
“Schwartz destroys the myth that profitability must suffer when investors and their well-informed investment advisors ‘screen out’ big name corporations that do not measure up to the investors’ personal moral standards,” says the Honorable James L. Ryan of the U.S. Court of Appeals, 6th Circuit.