SOCIAL SCIENCES

Hot Stocks: Investing for Impact and Profit in a Warming World

by James Ellman
Rowman & Littlefield. Jul. 2020. 224p. ISBN 9781538137468. $32. ECON
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This book is strictly for prospective and professional investors. This go-to title advises investors on the strengths and weaknesses of companies in light of climate change. It covers key industries so that an investor can determine which industry is best to invest in. Although the author focuses more on U.S. stock there are also some recommendations on the international scale. The intent of this work is to not only show how companies fear global warming with traditional industries feeling the brunt, but to also explain how new markets can prosper in a warming world. This is also supported by various statistics that an investor can apply in the decision-making process.
VERDICT This investor’s handbook can also be used by business students looking at the effects of climate change on industries. However, the work could have benefited from more research on the international level and a broader view on the impact of climate change on global industries. For fans of Timothy Vick’s How To Pick Stocks Like Warren Buffett: Profiting from the Bargain Hunting Strategies of the World’s Greatest Value Investor.
Reviewed by Adesh Rampat, Miami , May 01, 2020
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