Home
/
RELIGION & LIBERTY ONLINE
/
Value investing: Restoring ownership and ethics to investment
Value investing: Restoring ownership and ethics to investment
Apr 28, 2025 4:52 AM

In today’s global economy, it can be easy to feel like robotic worker bees or petty consumer fleas in a big, blurry economic order. The feeling is understandable. Value creation, even at its largest margins, is increasingly difficult to spot.

That’s not necessarily a bad thing, of course. Size, scale, and efficiency all have significant perks. But while we should be wary of the modern to temptation to blindly castigate “big business” only because of its bigness, we should also be mindful that consolidation and centralization do, e with their own assortment of risks and blind spots.

Which brings us to the more basic question: As our economy continues to grow in size plexity and efficiency, what might we lose if we’re not paying attention? I’ve outlined some of those risks as it relates to the effects of economic modernity on trade and consumerism, family andchild-rearing, and physical labor, but the areas of impact are endless.

In a new video from the Denver Institute for Faith and Work, we see how the same pitfalls and tendencies can occur when es to investment and ownership. And one of the ways we might respond:

Mutual funds are one the most popular ways that people choose to invest, yet they offer little visibility into what, exactly, the funds are supporting. What do our investments actually purchase? What kind of ownership are buyers stepping into?

For many, those questions warrant a shrug, at best. For Eventide, a Boston-based asset management firm, those are questions worth answering, requiring inputs and information that go well beyond balance sheets and surface-level measurements of financial health.

“As an investor in mutual funds, not only do you not have any idea how panies you own are being operated, you don’t even know what you own,” says Eventide’s Jason Myhre. “Investing’s original and most basic purpose is about supplying capital to create businesses. But today investing has really e divorced from that ownership idea, and people are really seeking to profit from the market itself as an abstract entity.”

This isn’t to say that mutual funds are “bad.” They have a productive and fruitful place in financial stewardship. But again, in a world where this represents the status quo of everyday investment, what might we lose if we’re not attentive to the underlying distinctions? Eventide seeks to restore that care and concern among investors, offering an opportunity to regain an ownership mentality of investment and, more importantly, know es with it.

“The thesis is that investing is ownership,” says Finny Kuruvilla, pany’s CIO. “You’re connected to panies via your fund manager. So you’ll be a .001% owner of pany, and ownership should invite us to consider more carefully, ‘Well, what are the things do we own?’ You then have some ethical degree of involvement with the activities of pany.”

To assess pany, Eventide uses what they call a “Business 360” approach, grading how the business engages with a wide range of stakeholders, including customers, employees, supply chain participants, munities, the overall environment, and broader society. Some might be tempted to call this a varied approach to “social entrepreneurship,” but for the folks at Eventide, they’d prefer that we avoid mon dichotomization between “social good” and “profitability.”

“When we talk about investing, in our minds, we tend to dichotomize what’s smart and what’s right,” says Myhre. “But for Biblical thinkers…and I think the call of any believer today, is to not see those as separable concepts. So when we talk about investing and this idea of value creation, it’s not ‘profit takes this path’ and then ‘social good takes this other path’ and we’re trying to hold them together with some kind of a linkage or make some kind of a trade-off decision. We believe that what is right is also what is smart.”

In an economic order that is increasingly big and blurry and difficult to navigate, and amid a culture that prefers investment via routine deposits/withdrawals, Eventide reminds us that we can still prioritize intentional ownership in the information age, using human wisdom, human conscience, and spiritual discernment as stewards in service of the Supreme Investor.

“Conscience is there,” write Gerard Berghoef and Lester DeKoster in their book, Faithful in All God’s House. “We need not, and could not, create it. But how exciting a challenge to enlist its voice in our efforts to serve the Christ through obedience to the divine Law in the form of good stewardship.”

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
The Super Bowl Hummus Showdown
Taking advantage of every Super Bowl XLIX opportunity to empty a sack full of football tropes, Green America unleashed an email this week, seeking your writer’s help in pressuring Sabra Hummus to discontinue use of genetically modified organisms. The tasty product, distributed by Sabra Dipping Co., LLC and 50-percent owned by PepsiCo Inc., goes well with chips and soft drinks on game day but has raised the ire of anti-GMO activists Green America and the Interfaith Center on Corporate Responsibility....
America: Exceptional Or Entitled?
It’s no secret that government entitlement programs have increased dramatically over the past few decades. It’s no secret that some would like to continue to expand such programs. And it’s no secret that America cannot afford to keep doing this, either economically or morally. Nicholas Eberstadt tackles the issue of entitlement in “American exceptionalism and the entitlement state.” It’s a worthy read; I’d like to offer a few salient points. Eberstadt begins by likening America to a transplant patient. The...
Acton Institute Among Top Organizations in 2014 Global Go-To Think Tank Index
In its eighth annual survey, the Think Tanks & Civil Societies Program at the University of Pennsylvania put the Acton Institute among the top organizations in social policy, advocacy, conferences and overall excellence. The 2014 Global Go-To Think Tank Index published by the Think Tanks & Civil Societies Program, which has a database of more than 6,500 organizations, ranks the world’s leading think tanks in a variety of categories and across a wide political spectrum. The rankings piled with the...
What Happens When You Can’t Afford Justice?
Rule of law isn’t an attention-grabber. There are no celebrities touting social media campaigns for rule of law, no telethons with your favorite pop star to answer the phone and take your money, no website where you can buy t-shirts and water bottles to show your support. Most people don’t even know what “rule of law” means. The rule of law, I think, is best understood by considering its opposite, which is the rule of men. The rule of men...
The Change We Need
As Luis de Molina (1535-1600) writes in A Treatise on Money ing): It is clearly evident that petty exchange is useful to the republic, as it is often that men need coins of a lesser value in order to buy the things they need daily, or to give alms, or for other such things in which the coinage of a higher value is of no use. ...
You Can’t Have ‘Settled Science’ Based on Unsettled Data
During his most recent State of the Union address, President Obama talked about climate change and claimed, “2014 was the planet’s warmest year on record.” Obama was basing his statement on a press release by NASA’s Goddard Institute for Space Studies (GISS). According to the NASA data collected from more than 3,000 weather stations around the globe, “The year 2014 ranks as Earth’s warmest since 1880.” Climate change skeptics pushed back by questioning the accuracy of the report (more on...
3 Disturbing Facts About the Social Mobility of Black Americans
One of the most important important socio-economic factors in America is also one of the least talked about: social mobility. Social mobility is the ability of an individual or family to improve (or lower) their economic status. The two main types of social mobility are intergenerational (i.e., a person is better off than their parents or grandparents) or intragenerational (i.e., e changes within a person or group’s lifetime). While there is no truly adequate gauge to measure such opportunities, we...
Rev. Sirico on Pope Francis’ comments about breeding ‘like rabbits’
In the Wall Street Journal, Acton Institute President and co-founder Rev. Robert A. Sirico discusses the pope’s ments. “If the pope got up and read the phone book, it would grab headlines,” Sirico quipped. ...
China: Brides Needed, Apply ASAP
China’s brutal one-child policy means that men far outnumber women in China. Men can’t find brides, and that leaves the door open for human-trafficking. Adam Minter reports that some men in China are willing (and able) to pay upwards of $64,000 to woo a woman into marriage. For those that can’t that, they can turn to marriage brokers. Unfortunately, many of these marriage brokers are human traffickers. Bride trafficking is one such response, and it has a long history in...
Baker Faces Discrimination Complaint for Refusing Anti-Gay Message on Cake
Source: AP Bakers, florists, and photographers who refuse to use their creative talents to serve same-sex weddings have been fined and have had their business threatened because they refuse to violate their conscience. Many Americans—including many Christians—even argued that private business owners should be forced to violate their conscience when such practices are considered discriminatory. But how far are they willing to defend their views? Would they, for instance, punish a baker for refusing to make a cake with anti-gay...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved