The Meaning Behind HIP – Human Impact + Profit - with Author Paul Herman

May 10, 2010
Hosted by Jordan Goodman

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Guest Information

Episode Description

R. Paul Herman will discuss how investors pursue short-term financial gains, regardless of the human, environmental and social impact of the companies contained in their portfolio, which actually drive profit and business value. Some have adopted a socially responsible philosophy—excluding "bad" companies from their portfolio—which can be good for their conscience but not necessarily for their bottom line. In The HIP Investor (Wiley; April 2010; $29.95; 978-0-470-57512-3; Hardcover), R. Paul Herman—creator of the HIP approach (Human Impact + Profit) and a leading investment advisor—offers another solution: an approach that can realize the bigger profits that capitalists seek while building a better world that the socially conscious desire. This ground-breaking HIP approach is shown to have outperformed the financial returns of the S&P benchmark in both up and down markets. For more information on Paul and his firm go to http://www.hipinvestor.com

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Jordan Goodman

Jordan Goodman has a mission: to help everyone do better with money. Since graduating the Columbia University School of Journalism in 1977, he has spent the past 32 years combing the country to find the very best ways to help consumers make and save money and then sharing these gems with the public. As a staff writer/reporter at MONEY Magazine for 18 years, a weekly commentator on NBC News at Sunrise and Public Radio’s Marketplace Morning Report, and through his 12, soon to be 13 highly respected books, and his website www.moneyanswers.com, he has provided useful, common-sense information to the public. Some of his better-known books include Fast Profits in Hard Times, Everyone’s Money Book, the Dictionary of Finance and Investment Terms and Master Your Money Type. Jordan is a rare combination: someone who possesses not only encyclopedic knowledge about every area of personal finance but also a passion for helping his listeners not only to get educated but to take action to help their dreams become realities.

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