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The Blue Way: How to Profit by Investing in a Better World
 
 
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The Blue Way: How to Profit by Investing in a Better World [Hardcover]

Daniel de Faro Adamson (Author), Joe Andrew (Author)
5.0 out of 5 stars  See all reviews (2 customer reviews)


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Book Description

October 9, 2007
Turning conventional wisdom on its head, The Blue Way shows why socially progressive companies that make political contributions to "blue" politicians and causes outperform "red" companies.

The idea that progressives are better at businesses than conservatives will surprise most people - including many progressives. But as The Blue Way shows, in nearly every sector of the economy, blue companies are the top performers. As a result, an investor who places his money in stocks of blue companies will do better than one who chooses red companies or who chooses to invest in the market as a whole. In The Blue Way, Daniel Adamson and Joe Andrew, cofounders of Blue Investment Management, identify the companies that have the most progressive social values - fair wages, equal opportunity, environmental responsibility - and also contribute to progressive political causes (or are at least neutral). They describe the portfolio they have built around those companies, which to date has out-performed the market. Their innovative investment strategy offers a profitable approach for investors seeking a principled and successful stock portfolio.

But The Blue Way is also a stirring manifesto, a call to embrace socially and politically progressive values. As the authors show, these values aren't anti-business; they are pro-American. For decades the American economy has performed better under Democratic administrations than under Republicans. Americans who "buy blue," say Adamson and Andrew, aren't just acting on their values; they are helping to grow the American economy. The authors explain how to build a "blue infrastructure," a progressive ecosystem in which companies and activists with progressive values can support blue politicians and causes. The Blue Way shows how the progressive movement can learn from the success of the blue business world and create a new progressive majority for the future. The Blue Way describes a revolutionary investment strategy back by solid financial research that benefits investors while fostering socially progressive American values.

--This text refers to the Paperback edition.

Editorial Reviews

From Publishers Weekly

Starred Review. This call to arms for Democratic investors from the cofounders of Blue Investment Management, an ethical investment fund, belies the widespread myth that progressive investing is financially unsound. The Blue Index-the companies in the S&P 500 that are socially responsible and have also supported Democratic candidates over the last five election cycles-outperform the market by nearly 20%, and outperform red S&P 500 companies by 23%, they assert. While blue companies often have cultures and business models that are more innovative, more flexible, more employee-friendly and more eco-efficient, they tend to be dismissed as less viable investments. The bulk of investment capital continues to prop up conservative causes, the authors say, claiming that most investors don't realize that no matter where they invest their money, much of it is likely to funnel directly into the Republican Party. Surprisingly, 84% of S&P 500 companies support Republican causes; according to the authors the ravenous lobbyist culture keeps the money flowing. The authors set forth a solid plan for progressive investors who want to make sure their money supports their politics. Many will find this exhortation to build our own political capital market a well-presented political and financial wakeup call. (Oct.)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

Review

"The Blue Way illuminates the essentially political nature of corporations and personal investing - and then charts a course to bring socially progressive investing to a whole new level. This book can change the world." - Ben Cohen, cofounder of Ben & Jerry's

"This is an important, timely book. Adamson and Andrew make a compelling case that sustainable investing strategies and progressive economic policies simply work better over the long term. This brief manifesto amounts to a full-blown challenge to conventional wisdom an the conservative economic establishment. - Joe Keefe, president and CEO of Pax World Management Corp. --This text refers to the Paperback edition.

Product Details

  • Hardcover: 256 pages
  • Publisher: Simon & Schuster (October 9, 2007)
  • Language: English
  • ISBN-10: 1416547347
  • ISBN-13: 978-1416547341
  • Product Dimensions: 8.6 x 5.6 x 1.1 inches
  • Shipping Weight: 12 ounces
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #2,666,763 in Books (See Top 100 in Books)

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10 of 11 people found the following review helpful:
5.0 out of 5 stars Very interesting, educational, practical, and decently written, November 9, 2007
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This review is from: The Blue Way: How to Profit by Investing in a Better World (Hardcover)
OK, I admit I didn't expect all that much from this book at first; I'd already concluded I was interested in investing blue and balancing the tide of conservative investors (with whom I disagree profoundly). To my surprise, I learned a lot from reading this, and found it a reasonably pleasant read. I (PhD/MBA, active investor in just about everything for decades) am inherently skeptical of past-performance analyses by those with something to sell, but they make a far better than usual try of it. I'm still a little cautious about the extent to which the choice of time period drove the financial performance conclusions (they address portfolio monte carlos but didn't fully address the temporal selection side, to my thinking). But, as they point out, returns are only one element of the issue. There was a long, somewhat plausible, but inherently unproveable, interpretation of the tie between certain allegedly blue behaviors and financial results that one will have to make one's own judgement on. What I found most worthwhile was the discussion of the mechanisms and organizations of both the blue and red activist communities, how they have evolved, and what we (any of us) can do. It was a very worthwhile read. I don't think it will convert any skeptics or conservatives, but if you are already leaning "blue" it may be a pretty important book to consider.
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4 of 4 people found the following review helpful:
5.0 out of 5 stars Where is your money going?, January 17, 2008
This review is from: The Blue Way: How to Profit by Investing in a Better World (Hardcover)
This book dispels the myths that all corporations are bad. The author takes us through his research to see that some corporations can in fact be considered good. He found that these 17 or so companies lead the S&P 500 and have business practices such as concern for the well being of their employees, an innovative culture, and eco efficiency. They also have a flat organizational structure and give money to progressive causes. Herein some great tables to also see which companies give to non progressive causes, how this all came about and what we can do about it.

This book engages and informs. It reminds us that we are in charge of where the money goes when we consider how we spend and invest it, and of course who we vote for, the policy we support and how it's all connected. In this day and age when modern media can speak to economic issues and ignore that war and environmental degradation are among the issues for our presidential candidates let alone ethical challenges, it is refreshing to read a well documented step into creating sustainable habits so close to the pocket. Read it and follow-up.
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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
progressive majority, blue factor, progressive ecosystem, progressive investors, political capital markets, five election cycles, political investors, blue companies, red companies, conservative machine, current constituents, progressive leadership
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Blue Sector, Blue Index, The Principles of Progressive Leadership, Republican Party, The Progressive Ecosystem, Whole Foods, Business Week, Seeing Red, Cracker Barrel, Wall Street, The Blueprint, Being Blue Puts Companies, Lewis Powell, Chamber of Commerce, Victoria's Secret, Democratic Party, United States, Democracy Alliance, Johnson Controls, Pax World Funds, Mobile Voter, Home Depot, Capitol Hill, Exxon Mobil, Powell Memorandum
Browse Sample Pages:
Front Cover | Front Flap | Table of Contents | First Pages | Index | Back Flap | Back Cover | Surprise Me!
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