4 ms·

But you're not supposed to accumulate the wealth, you're supposed to forward it to your elected causes.

• anticorporate 7mo ago
  Being a quant is inherently accumulating and growing someone's wealth for them, even if it's not your own. If there were a way to be a true Robin Hood and only extract wealth from the wealthy and redistribute that to poor, I'd call that a noble cause, although finance is not my field (nor is crime, for that matter) so it's not for me. My chosen wealth multiplier is working at a community-owned cooperative, building the wealth for others directly.
  • 0x3f 7mo ago
    Not sure about this because many charities are designed to spend their income, rather than hoard it. A big part of choosing which charity to donate to is, or should be, how effective they are in spending what you give them.
    • anticorporate 7mo ago
      I mean, I'm not arguing that if you can find a way to make a large amount of money in an ethical way without enriching yourself or the wealthy further and then find a way to accurately evaluate charities to maximize impact, that you shouldn't do that. But there are several very difficult problems embedded in that path, and I could easily sees just solving all of those problems becoming a full-time job by itself. I also, candidly, haven't ever seen anyone successfully do that.