3 ms·

Here's the thing. Whose trade-offs are we talking about? Why should I not get involved if I understand those trade-offs? Everyone can always claim that there ar

by 317070 7y ago

Here's the thing. Whose trade-offs are we talking about? Why should I not get involved if I understand those trade-offs? Everyone can always claim that there are trade-offs I don't understand about the great injustices of the world (hunger despite plenty food, magnitudes of inequality for equal amounts of work), why should I believe that? Sure, I'll get someone from the other side of the bell curve. But I also saved a lot of shareholder value while doing that, and I am skeptical I will not win out.

username444 7y ago
If you understand the trade-offs and want to get involved, by all means. I'd be careful about thinking you understand trade-offs though. I'm sure you're not an idiot, but I'm more sure that you can't possibly understand the inner workings of a mega corp with 10,000 employees whose full time job involves running the company. If you did, you could create a 1 man startup and put them out of business. Re: world hunger - this is a localization problem. Anyone claiming corn from Kansas should feed starving Ethiopians needs to spend time in the food industry. I can't speak to shareholder value - I'm not a big believer that should ever be the motivation. If you're a passive investor, be passive. I put my passive money into funds because I need to keep up with the market, end of story. I put my active money into small companies I can manage and run.