By Chris Smith
“I believe that the simple question of when one should “invest” versus “divest” is one of the most fundamental questions we face on a daily basis that can influence our long term success. Bold statement, right?
Let’s start by defining investing and divesting. We’re all familiar with the traditional definition of investing: lending someone else money with an expectation of getting back your capital plus a profit. A nice, overly simplistic capitalist definition. Let’s take it a bit further and broaden the definition: investing is any time, energy or money provided without an immediate expectation of a return — and oftentimes with no expectation of getting something back.”