When investors think about commodities, they often recall the 1970s, the last time commodities were in vogue in the investor’s playbook. Over the last 40 years, with falling interest rates and a focus on bonds and stocks, commodities have largely been ignored as an investment class. Decline of Commodities As prices for commodities dropped, many... Read More
Take Oprah’s visit to a slum in Mumbai. One can assume that Oprah had positive intentions in her visit, yet, when the piece aired, a palpable tone of judgment and comparison to her reality offended many. When she asked a family about its small home—“I don’t mean to be offensive, but does it feel crowded?”—she... Read More
Philanthropy is changing for a host of reasons, but perhaps most of all because funders are demanding more from it. The expectation that funders will be able to achieve impact, and see that impact, changes everything. No longer are donors satisfied with the mere act of writing checks. They want to see results. Add to... Read More
Is your foundation board stuck or complacent? Have you been wanting board members to consider a new strategy or project, only to find they just aren’t willing to listen? Perhaps you need a new approach—a fresh one—to create the space where board members feel willing to consider change. I found a helpful idea in a... Read More
In many cases, combinations are much more powerful than individual circumstances. Think hot dogs and mustard, Abbott and Costello, peanut butter and jelly. Investing is not much different. When the power of two schools of investment management—passive and active—are combined in the Core-Satellite approach to portfolio management, the end result tends to be better. Many... Read More
Eager to pilot our new Grantee and Applicant Perception Survey with her grantees, Meg Ramsey (The Ramsey McCluskey Family Foundation, Lincoln, MA) was especially interested to learn what her grantees were thinking about the foundation’s grant process, reporting, and site visits. Anonymity was key, so her grantees did not feel that providing constructive criticism or... Read More