Just leafing through my most recent issue of “Pensions & Investments” magazine and came across a very interesting profile on the new Chief Investment Officer over at CalPERS, Russell Read. (If you’re not already a subscriber to “Pensions & Investments” you’re really missing out.) Seems like Mr. Read is very interested in environmental issues and investment, owning his own tree sactuary/habitat in Maine and sitting on a board that “is dedicated to attracting technologies that will convert wood to energy and to materials now made from oil.”
Wait a second, hit the rewind button on that. Did he just say, “convert wood into energy?” Isn’t that called fire? I know how to convert wood into energy, just hold it close to a match, or rub two pieces together really fast. Do you need a whole board for that? And using wood for material? Isn’t that called…wood?
All snark aside, Mr. Read seems like a very neat guy and it looks like he’ll find it an easy transition from New England to Northern California. The article says that he and the wife plan to move to Davis, which seems a good fit for the environmentally aware couple. So if you see Russell or Mrs. Read at the co-op or Whole Foods or the farmer’s market, give ’em a wave and a hearty handshake and welcome them to the neighborhood.
The Sac Rag 