Founders And Funders

Josh Levin, Co-Founder of OpenInvest, explains how his business simplifies and amplifies values-based investing. Subscribe to Founders and Funders on iTunes, TuneIn, Stitcher, Google Play, iHeartRADIO, and Android Podcast Players. Episode Summary OpenInvest helps people buy a collection of stocks that align with their personal interests and causes they care about — all without involving a fund manager and related fees. Users of its proprietary platform invest in businesses that do good for the environment, say, or those that foster gender equality in the workplace. “A traditional financial advisor would probably try to stop you from investing this way," explains co-founder Josh Levin. "But, if you insisted, they would probably buy two funds: A green fund for the environment and a gender fund for gender diversity.” Levin explains that this combination could make the investor "overweight in healthcare and technology,” leading to a potentially bad financial outcome thanks to a lack of diversification and red