Mark Skousen Quotes

If we are able to allow people to earn a decent rate of return, with sufficient scale, we can all do well by doing good.

Impact investing has become a broad umbrella that includes all investing with a focus on both financial return and social impact, but in its best form, impact investing prioritizes impact over returns and achieves outcomes that traditional investing cannot.

If you are wealthy enough, use part or all of your Social Security proceeds to invest in a favorite cause or two. Invest 10 percent or 100 percent of your monthly Social Security check in your favorite charity, foundation, think tank, church or synagogue, or other good cause.

I believe strongly in 'giving while living.' I see little reason to delay giving when so much good can be achieved through supporting worthwhile causes today. Besides, it's a lot more fun to give while you live than to give while you are dead.

The financial industry is a service industry. It should serve others before it serves itself.

I believe in humanitarian capitalism, and there are good people on Wall Street.

Economically Targeted Investing, or ETI, refers to the practice of selecting investments, in part, for their collateral benefits in addition to the investment return for the retirement plan.

Many investors understandably want to do good while also doing well. But the standards for ESG investing are often unclear and sometimes contradictory.

I do think that impact investing is not that effective. Shares go from investor A to investor B, and the company doesn't even know it. It's inevitably an ineffective way to communicate to the company your feelings.

Emerging investors want to invest differently. They want to have their dollars - their investment dollars - do double duty.

Jessica Jackley has a gift for making people want to fork over their cash. To total strangers. Far, far away.

You can invest in companies, you can help grow companies, you can be a venture capitalist - and be a philanthropist at the same time.

Shouldn't you put the same amount of effort into your giving as you might for your for-profit investments? After all, philanthropy is an investment, and one in which lives - not profits - are at stake.

I don't know if people understand that there are different ways to raise money for great causes.

Move your personal investments and retirement funds to socially responsible investment (SRI) funds that support only those corporations that uphold higher standards of behavior. Returns on SRI funds are usually equal to, if not better than, many of the well-known traditional mutual funds.

Most philanthropists want to be effective altruists. But the problem isn't intention: it's measurement. Unlike financial investing, which has reporting standards, audit processes, and educational requirements, social investing is notoriously tricky to evaluate.

I would say to young entrepreneurs and budding philanthropists - are you giving to feel good or do good?

When people make donations to non profits, they want to know that their money goes to good use.

I think we really feel like Crowdrise could be something that, 20 years from now, people take for granted because that's just how you do it, like if you're going to raise money for something, that's how you do it.

I'm proud to be associated with the value system at Berkshire Hathaway; I think you'll make more money in the end with good ethics than bad.

We have a new generation of very rich people who want to do more with their money than buy a lot of expensive toys. They want to live meaningful lives.

When you give away large sums of money, you can cause as much damage as you may do good.

Philanthropy is no longer about writing a check for $10,000 to the opera.

Because primarily of the power of the Internet, people of modest means can band together and amass vast sums of money that can change the world for some public good if they all agree.

It is important to view philanthropic ventures with an eye for business.