Thursday, October 22, 2009

Slow Hand

Reacting to the overcaffeinated high-speed culture of Wall Street, reformed former venture capitalist Woody Tasch calls for a new way of investing – one that’s a lot less volatile and tied to local communities, not distant conglomerates or indecipherable derivatives.

Tasch founded a group called Slow Money, where investors can watch their money grow at a slower pace in small, local companies, particularly those tied into the "Slow Food" movement. In effect you put your money where your mouth is, growing your portfolio by investing in growing things, and as if food, farms and fertility really matter.



Audio: BBC, PRI & WBUR's Here & Now, October 21. Host: Robin Young.

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