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> Finance, ad-tech, real-estate flippers, and numerous others may not even add any value. Know anyone who got an advertised rate on a mortgage to buy a freshly

• HWR_14 4y ago
  > Know anyone who got an advertised rate on a mortgage to buy a freshly renovated home? No. I know people who got an advertised rate to buy a non-recently-renovated home (including one who decided to take a year-ish sabbatical to totally rebuild and repair the house herself as a life-goal). Others either didn't renovate the old style or renovated it the way they wanted. I take that back. I do know at least one person who bought a freshly renovated home out of foreclosure auction. But that was because of the price, not the renovations. But again, you're conflating "add any value" to "worry about adding the most value to society"
  • RhysU 4y ago
    > But again, you're conflating "add any value" to "worry about adding the most value to society" Good point. "The most" implies that there's some objective total ordering. Subjectively, I think people are guided by their subjectively personal notions of "adding value" and "society". For example, if you looked at my behavior from the outside, I am not adding the most value to society in your metric. But I swear that I am a rational, optimizing agent in my own goofy metric. :)