You're looking at Less Wrong's discussion board. This includes all posts, including those that haven't been promoted to the front page yet. For more information, see About Less Wrong.

ChristianKl comments on Open thread, July 16-22, 2013 - Less Wrong Discussion

13 Post author: David_Gerard 15 July 2013 08:13PM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (297)

You are viewing a single comment's thread. Show more comments above.

Comment author: ChristianKl 16 July 2013 02:28:03PM 1 point [-]

Take investing as an example: It can be summarized in this one sentence "Take as much money as you are comfortable with and invest it in a broad index fund, taking out money so to come out with zero money at the moment of your death, except if you want to leave them some money."

This assumes that you now when you will die and can predict in advance how interest rates will vary over the future. It also ignores akrasia issues.