WRIT 340

This chapter of Born on Third Base discusses the meaning of "bringing wealth home", in the context of globalization and relocalization. It uses three examples to illustrate how to bring wealth back to families and local communities: financial transparency, divestment from fossil fuels, and impact investing. Hiding money is a common practice that steals money from the global economy and governments. 8% of individual wealth is hidden away in tax havens, accounting for about $200 billion in revenue in 2015. The use of tax havens and offshore accounts is not always illegal, but it is definitely unethical. Jacques Leblanc's family has hidden their fortune in offshore accounts for generations, but Leblanc wants to bring the money aboveground and pay his dues to society. Divest-Invest is an organization that encourages divesting from fossil fuels and investing in renewable energy. The fossil fuels industry uses lobbying and money to maintain their relevance and secure politi...

I went to the LA IPA Fest with my roommate Lewis. We arrived at the festival a little later in the day but it was still going strong at around 3PM. I initially expected it to be more of an outdoors festival with stalls and trucks, but instead it was at a very cute bar. Honestly, that was a relief since I prefer to be sitting while I'm drinking my beer. The hosts were very friendly and helpful, and I was able to easily get seated and order. For my drinks, I ordered the Flight 8. I chose this because I thought the names of the drafts were funny. The ones I remember were Cockamamie, Dum Dum, and Deals with the Devil. My favorite draft in the flight was Deals with the Devil, which is fitting. I greatly enjoyed the flight but was unable to finish it because I can't drink too much beer without getting too full. While I was there, I also ordered sweet potato fries and a green salad, both of which were delicious. Although I don't know too much about beer, I do think I know enough...

To: Clark Hansen, CEO, AMDP From: Diana Zhao, R&D, AMDP Date: March 1, 2019 Subject: Recommendation to invest in ResponsAbility My suggestion for our next investment is ResponsAbility Investments, a Swiss financial enterprise that focuses on managing funds in microfinance and impact investing. The firm aims to support local communities by funding small businesses in developing markets while generating a return for investors. After extensive research, I have concluded that ResponsAbility's social values and performance make it a worthy consideration for our portfolio. In this memo you will find the following: ·       Definitions for our standards of investment evaluation ·       The background, financials, and ethics of ResponsAbility ·       Critical appraisals of ResponsAbility from industry sources ·       My final recommendation De...