Home
/
RELIGION & LIBERTY ONLINE
/
Value investing: Restoring ownership and ethics to investment
Value investing: Restoring ownership and ethics to investment
Jan 28, 2026 3:26 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
Audio: Samuel Gregg Discusses ‘Becoming Europe’ on Relevant Radio
Recently Samuel Gregg, was interviewed by Sheila Liaugminas of Relevant Radio. They discuss Gregg’s latest book, ing Europe. Listen to the interview here: [Audio: Michael Novak, author of The Spirit of Democratic Capitalism, says this about the book: If you don’t know Samuel Gregg’s writing, you don’t know one of the top two or three writers on the free society today: free in its culture, free in its politics, and free in its economy. In this book, Gregg has produced...
Commentary: Hollywood 2012: What Messages are the Movies Sending Us?
“If I had cash to spend on promoting the values and ideas and policies that I believed were best for this country, you can bet that I would be out finding talented directors, writers, and producers who shared those values,” writes R.J. Moeller. The full text of his essay follows. Subscribe to the free, weekly Acton News & Commentary and other publicationshere. Hollywood 2012: What messages are the movies sending us? byR.J. Moeller The list ofthe twenty-five top-grossing films(worldwide) of...
The Idle Ents
You’re part of this world, aren’t you? A tree-herder should know better! Last week I had the pleasure of participating in the First Kuyper Seminar, “Economics, Christianity & The Crisis: Towards a New Architectonic Critique,” held at the VU University Amsterdam. I gave a paper on “The Moral Challenges of Economic Equality and Diversity,” which focused on envy as a moral challenge particularly endemic to market economies: “Since envy arises out of inequality, envy and inequality go together. And since...
Debating Food Equality in New York
The Food Bank For New York recently released their annual report on the state of hunger in the city and the growing disparity between e New Yorkers and New York City’s professional class. The report refers to this disparity as the food “haves” and “have nots.” The report, “NYC Hunger Experience 2012: One City, Two Realities,” was released Tuesday at the 21st annual Agency Conference. The New York Non-Profit Press summarized the key findings: Almost one in three New York...
Happiness, work, and the eternal quest for meaning
In my cautionary post on the constant temptation to indulge in earthbound economics, I mentioned that even seemingly noble, intangible features such as “happiness” can be just as futile and vain when pursued on our own terms and for our own limited purposes. If we don’t order and define things properly, the “pursuit of happiness” can easilydistract us away from our eternal quest for widespread spiritual transformation. As the author of Ecclesiastes points out, when “testing ourselves” with mere pleasure—even...
Amity Shlaes on ‘The Good Rich’ and the Folly of Philanthropy
In a new book, The Good Rich and What They Cost Us, Robert Dalzell Jr. aims to address “a great paradox at the core of the American Dream: a passionate belief in the principles of bined with an equally passionate celebration of wealth.” In a review for the Wall Street Journal, Amity Shlaes notes that although the book provides an in-depth look at the history of American philanthropy, the author’s own personal prescriptions lend too high a trust to government...
The Audacity of Irony: Obama and “Religious Freedom Day”
Yesterday, while his lawyers were busy defending against charges that the Obama administration violated the religious freedoms of his fellow citizens, President Obama was designating January 17 as Religious Freedom Day. The author of the The Audacity of Hope has the audacity to hope that Americans will not snicker at the idea that he’s a defender of religious liberty. In his proclamation, Obama says, Today, we also remember that religious liberty is not just an American right; it is a...
Audio: Ray Nothstine on Gun Control
Ray Nothstine, managing editor of Religion & Liberty, was recently on Relevant Radio with Drew Mariani to discuss the issue of gun control. According to the Chicago Tribune: President Barack Obama unveiled a sweeping plan to reduce gun violence…that would require criminal background checks for all gun sales and a ban on military-style assault weapons. Obama also proposed an end to high-capacity ammunition clips, instead limiting clips to 10 rounds, according to details of the plan released by the White...
A Cookie for Me, But Not for Thee
There are some amazing economic and moral lessons, related to redistribution, zeo-sum fallacies, as well as virtue and desire, embedded in this Sesame Street video: Can you think of any other ways that both Ernie and Cookie Monster might have been able to be happy instead of sad? And what if the object in question weren’t a cookie, but instead something like an apple, perhaps? ...
We Should Affirm All Callings—Even Pastoral Ones
The winter issue of Leadership Journal is on vocation and callings. In the lead editorial, managing editor Drew Dyck reminds us that while it’s important to affirm the calling of lawyers, journalists, and plumbers, we need to remember that being a pastor is a calling too: I applaud this move toward a more holistic understanding of vocation. I’ve seen numerous books on the topic published in the past few years. Conferences are springing up. What’s most heartening is to see...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved