Category: Investment Commentary

Giving Cleantech a Bad Name

  Giving Cleantech a Bad Name   We are cringing following the latest announced capital raise by Plug Power, Inc.  Although we are not investors in Plug Power, the company frustrates us nonetheless as it highlights the type of corporate behavior that hurts the cleantech investment case.  If you are unfamiliar with the Plug Power story, consider yourself lucky that... Read more ›

January GEOS 2024 Update

    Essex Global Environmental Opportunities Strategy (GEOS) January 2024 Update     For the quarter and the year, GEOS significantly outperformed the secondary benchmark, the Wilderhill Clean Energy Index, as has been consistent with our track record during times of volatility amidst the clean tech sector. GEOS underperformed the primary MSCI World Index for the year, given significant headwinds... Read more ›

December GEOS 2023 Update

  Essex Global Environmental Opportunities Strategy (GEOS) December 2023 Update     The recently difficult equity returns environment for the Essex Global Environmental Opportunities Strategy (GEOS) abated in the month of November 2023 given positive updates from management teams, broader equity market participation, and some coding from the Federal Reserve that inflationary declines are resonating and on target. Currently, world... Read more ›

November 2023 GEOS Update

    Essex Global Environmental Opportunities Strategy (GEOS) November 2023 Update     Equity market volatility continued in the month of October 2023, with expanding geopolitical crises amidst continued globally tight credit conditions. As the Federal Reserve paused on interest rate hikes, the market continued to worry about a forthcoming recession, placing continued pressure on smaller, growth oriented corporate equity... Read more ›

October GEOS Update 2023

    Essex Global Environmental Opportunities Strategy (GEOS) October 2023 Update   In his 1987 letter to shareholders, Warren Buffett described the difference between short term trading and long-term investing using the metaphor of a voting machine versus a weighing machine. In the near term, the market can behave like a political contest, determining equity share prices based on popularity,... Read more ›