4 ms·

Maybe, but as someone that turned down $6 million because of my conscience (sold stock solely because I didn't like feeling guilty holding it and it's gone up 4

Maybe, but as someone that turned down $6 million because of my conscience (sold stock solely because I didn't like feeling guilty holding it and it's gone up 4x-6x since then), I could do a ton of good things for others if I had that $6 million. It's not like we're talking about killing babies. Where' talking about signing an NDA or in my case not being 100% on board with a company's behavior in ways that are arguably ambiguous. As an example, if I had New York Times stock and was upset at their hypocrosy of complaining about ad supported companies while themselves being an ad supported company. Whether ads on NYT are good or bad is an debatable point. The point being, nothing the company who's stock I was holding was unambigously evil. But I chose my conscience over arguably trivial issues. In this particular case I think it was a mistake. If the company had been truely evil (by my definition of evil) then I'd be more okay with my decision.

woobar 4y ago
I am sorry, but no, you did NOT turn down $6M. You have made an investment decision that cost you imaginary gains. This is a big difference from turning down a $6M paycheck
- asiachick 4y ago
  It's not as different as you're making out. There was no reason to believe it would go down (Apple, Amazon, Google, Facebook, etc were all going up). I fully expected it to go up. I knew I was likely to lose money by not just keeping the stock. I choose to sell 100% for conscience. I had no other reason to sell. Plenty of money in my bank accounts.
ska 4y ago
> that turned down $6 million By that logic we all (er, at least most of us) turned down $100mm by not throwing $1k into bitcoin at the right time...
- asiachick 4y ago
  Bad comparison. You'd actually have to spend money to buy into a bet. I already owned the stocks. And further there's the reason. I didn't sell to cash out, I sold solely to stop feeling bad anytime a company's stock I owned did something questionable. It's very comparable, especially given the company in question. I even expected it to go up at the time. It would only have have to go up a few 2% to equal 40k.
  - ska 4y ago
    one coulda-been is as good as any other.

woobar 4y ago

I am sorry, but no, you did NOT turn down $6M. You have made an investment decision that cost you imaginary gains. This is a big difference from turning down a $6M paycheck

asiachick 4y ago
It's not as different as you're making out. There was no reason to believe it would go down (Apple, Amazon, Google, Facebook, etc were all going up). I fully expected it to go up. I knew I was likely to lose money by not just keeping the stock. I choose to sell 100% for conscience. I had no other reason to sell. Plenty of money in my bank accounts.

ska 4y ago

> that turned down $6 million By that logic we all (er, at least most of us) turned down $100mm by not throwing $1k into bitcoin at the right time...

asiachick 4y ago
Bad comparison. You'd actually have to spend money to buy into a bet. I already owned the stocks. And further there's the reason. I didn't sell to cash out, I sold solely to stop feeling bad anytime a company's stock I owned did something questionable. It's very comparable, especially given the company in question. I even expected it to go up at the time. It would only have have to go up a few 2% to equal 40k.
- ska 4y ago
  one coulda-been is as good as any other.