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by BurritoAlPastor 1774 days ago
The basic problem with this model is that it guides you to forever procrastinate actually doing good. Sufficiently large fortunes can be sufficiently diversified that you’re basically guaranteed to keep growing your wealth so long as you keep reinvesting it. The good you can theoretically afford to do next year will always be greater than the good you can afford to do today – which means, under this model, that the “right choice” is to never do good today. That’s why this kind of simple utilitarianist thinking is a trap.
2 comments

There's a good argument to diversify giving type too - as well as diversifying investment. Give some now, give some later. That way, you get the best of both worlds - impact now and greater impact later!
"never do good today" I like that framing. Wonder if there's a name for this phenomenon.

What would YC say?

"Do good early, do good often".

Lean philanthropy

Agile philanthropy