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This could make quite a fun experiment to see if it works. Crowdsource an investment of something like $10,000 and let it run for a year. At the end, donate a
by martin-adams 10y ago
This could make quite a fun experiment to see if it works. Crowdsource an investment of something like $10,000 and let it run for a year. At the end, donate all proceeds to charity.
- grif-fin 10y agoGood idea! Where to begin? Shall we go for refugee charity?
- mc42 10y agoI would say to organizations that directly support people, be it Direct Relief, The ACLU, or Charity: water. Other good options are FIRST, Girls Who Code, and The Geek Group, all orgs that focus on STEM Education and getting people into the STEM fields. Just to name a few groups to directly counterbalance his behavior.
- pc86 10y ago> Other good options are FIRST, Girls Who Code, and The Geek Group, all orgs that focus on STEM Education and getting people into the STEM fields. How do these technical organizations counterbalance anything he is doing?
- alkonaut 10y agoACLU!
- mc42 10y agoOh my goodness, I actually forgot them... Editing my comment, thank you!
- cLeEOGPw 10y agoTo Trump charity foundation.
- dinglecringle 10y agoI think he does enough of that already.
- dsacco 10y agoIt did work* as of December 2016, but I would guess something as accessible and straightforward as this has been arb'd out: https://www.bloomberg.com/view/articles/2016-12-07/flash-crashes-and-trump-trading https://www.bloomberg.com/view/articles/2016-12-07/flash-cra... ________________________ *But the devil is in the execution - and the amount of capital leveraged.
- bmelton 10y agoWouldn't have been that uncommon to see someone testing this out with real money, see some early successes and start upping the ante, only to have the Nordstrom event lose them a substantial sum.
- kyleblarson 10y agoUnless you consider giving money to the counter party on your losing trades as well as the brokerage to which you pay commissions to be charitable contributions, you would be better off just giving the 10k straight to a good cause.