paper-machine comments on Why We Can't Take Expected Value Estimates Literally (Even When They're Unbiased) - Less Wrong
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Did I summarize your point correctly:
Edit: not saying that I agree with this, just checking if my understanding is not off-base.
Actually, they advocate that you should give to charities that both score highly on their metrics and pursue some goal that you yourself find worthy.
See also GiveWell's Do-It-Yourself Charity Evaluation Questions.