Is no one in the LW cluster applying basic portfolio theory to their charity theory? LW consensus seems appallingly naive.
@admittedlyhuman ...whose utility you're trying to maximize. There are a TON of insights from portfolio theory that seem applicable.
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@St_Rev the reasons for being risk-averse in your personal finances don't apply to charity (on the level of an individual donor). -
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@admittedlyhuman@muflax If nothing else (& there are other reasons) embarassment-risk-aversion from your charity turning out to be a scam. -
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@admittedlyhuman@st_rev@muflax I don't think so? I'd be pretty embarrassed if siai turned out to be a scam but not proportionately more? -
@drethelin@admittedlyhuman@muflax If you gave X/5 dollars to 5 charities and one turned out to be a scam, would you be 1/5 as embarassed? -
@St_Rev@admittedlyhuman@muflax somewhat confounded by how I use charity to purchase utilons+fuzzies. I probably wouldn't be embarrassed -
@drethelin@admittedlyhuman@muflax I am getting sufficiently annoyed by the problem that I may be able to concentrate on a rebuttal.
End of conversation
New conversation -
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. Banned in Sweden. SubGenius, Zhuangist, white-hat troll. Defrocked mathematician. Brain problems.