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Lumifer comments on Taking Effective Altruism Seriously - Less Wrong Discussion

2 Post author: Salemicus 07 June 2015 06:59AM

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Comment author: Lumifer 07 June 2015 02:14:47AM 1 point [-]

But the most common thing for invested money to do is not to grow ad-infinitum

Yes, correct, so? Would you take this to mean one should not invest one's money?

A rational market only has a finite need for capital.

This is true. However I feel that dealing in aggregates is misleading: what matters is not really how much capital in total is available, but rather how it is distributed (aka available to whom). It is possible to invest capital successfully, it is also possible to waste it.

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