2 ms·
> Is there room for a more altruistic form of investing? One common trend that I see is that the bad guys often think they are the good guys; and the good guys
by gwbas1c 2y ago
> Is there room for a more altruistic form of investing?
One common trend that I see is that the bad guys often think they are the good guys; and the good guys often screw things up so badly that they create nasty messes and end up turning into the bad guys accidentally.
For example, in Massachusetts we want to meet climate goals. To do this, we subsidize homeowners in getting heat pumps and updating insulation. To fund the subsidies, electric and gas bills went up and many poor people can't afford them. And oil bills stayed the same, incentivizing people to continue to heat with dirty fuel.