Matt Moscardi

Green Investing and Risk Management

True, there may be a "bubble" for renewable energy - but that's mostly mob mentality I think. The difference between internet stocks and renewable energy is the product. Internet stock had no real asset behind it, it was bound to crumble. In the same way Bernstein suggests when you make an assumption your house can only increase in value, the opposite is bound to happen at some point.

Renewable energy like wind and solar are bound to go up and down, and are even bound to become obsolete as technology changes, but the same argument can apply to traditional energy - oil and coal are bound to run out, become prohibitively expensive, and possibly destroy the ecosystem in the process. Personally, I prefer the risks of the former to the risks of the latter.

Green Commodities for a Complete Green Portfolio

Haha! Thanks for the advertisement, Stockaccumulator. According to my short term trading models, I would be short SOL as of June 13th, and would be up 30%+ (though it's not one of my top 20 positions, and I didn't trade it).

Keep the pump and dump kind of vibes on someone else's posts perhaps.

Green Commodities for a Complete Green Portfolio

Jgib, I agree - I talk about my criteria for holdings like EWZ on the blog. I use biocapacity and carbon metrics for macro holdings (like currency and index), but there is some soul swallowing that happens. It's inevitable in green investing. Even green holdings have questionable things. I definitely understand the underlying hypocrisy, but I do use a series of actual scientific studies to come up with the allocations. In my opinion, the overall idea is to promote green and not sacrifice returns, and a holding like EWZ fits that model.

A Beginner’s Guide to Green Investing

David,
I definitely agree - solar, while not entirely overpriced in my opinion, has been quickly inflated due to demand for green energy exposure. FAN is DEFINITELY worth watching, and even worth considering as a buy on the early boat. For my money, I'm patient for the most part - wind will be far more volatile in the short run I think. But I agree it's worth the watch (especially as it's already down 5% since it opened, buying opportunities could abound!).