Andrew Lo Quotes

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.

I tend to look at potential investments from the standpoint of whether it is a valuable contribution to society.

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

Banking technology has made it simple and efficient to invest in good causes.

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

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

I don't consider myself a social entrepreneur, but I'm thrilled to be doing good, if that's what I'm doing.

There's a lot of good that's done for society in building businesses, but it's also great to be involved in those things where you can be connected to the community, to the world, and think about how you can use what you're creating, both in terms of your personal skills as well as your products or services to do good things for others.

While many in the social enterprise space often qualify themselves as 'non-profit,' these organizations should instead treat themselves as 'for-purpose.' These organizations should focus on their mission to create social good, while still treating themselves with the same commitment to rigor and discipline as the best for-profits.

At Domini, we believe it's possible to make money and make a difference at the same time.

Impact investment is an important business driver, and more importantly, it is a business driver because clients want it.

Today's investors want to see a positive impact on society and the environment as well as solid financial returns.

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.

Impact investing can be a powerful instrument of change.

More brands are waking up to their social responsibility and doing good work through cause marketing campaigns. Yet too many still go about it the wrong way. I mean 'wrong' in two senses. Firstly, they are marketing ineffectively, and secondly, as a consequence their positive social impact is not maximized.

Charitable involvement, social impact, and global responsibility have always been important at Bain Capital.

Profits should be for a purpose. Profits should be productive. You should make money for producing benefits that make the world a better place. Making money is a good thing when it is made in service to humanity or the democracy.

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.

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

I believe my business and non-profit investments are much more beneficial to societal well-being than sending more money to Washington.

Despite their good intentions, today's businesses are missing an opportunity to integrate social responsibility and day-to-day business objectives - to do good and make money simultaneously.

When I look at founders and CEOs like Mark Zuckerberg at Facebook and Brian Chesky at Airbnb and Sebastian Thrun at Udacity, these are companies that are creating extraordinary social good and extraordinary economic and educational empowerment, all within with context of a for-profit model.

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.

Any entrepreneur worth their salt knows that their brand is worthless if it doesn't somehow contribute to society or the overall good of the planet.

The world’s biggest problems are the world’s biggest business opportunities.