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Not a bad article, but there are no ideas in it that one can't arrive at with a most basic, a priori understanding of charitable giving. No surprise; the author
by matt_morgan 11y ago
Not a bad article, but there are no ideas in it that one can't arrive at with a most basic, a priori understanding of charitable giving. No surprise; the author wrote it just a few years out of college, in the year that he founded this givewell.org:
Holden Karnofsky | Co-Founder and Co-Executive Director. Holden graduated from Harvard University in 2003 with a degree in Social Studies, and spent the next several years in the hedge fund industry. He co-founded GiveWell in mid-2007.
- jcrben 11y agoWell, you need a basic understanding of equity markets too, and it seems that most who know one do not know the other. At least, they aren't writing about it. Divestment of evil companies drives down their valuations; consequently, those who invest in evil can actually earn greater returns. If those evil companies are not raising capital, their operations are unaffected. It's simple but widely misunderstood.