Investing your money with the best possible moral outcome

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brimstoneSalad
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Re: Investing your money with the best possible moral outcome

Post by brimstoneSalad » Sat Aug 03, 2019 11:50 pm

@Jebus I'm wondering if you have any thoughts on the above wager I mentioned.

From a purely self interested perspective prepping might make the most sense, but from an hybrid kind of altruistic one where we don't care about our own survival if the world goes down then investment might make sense.

However, some kinds of prepping do both, because a lot of prepping is focused on sustainability. Preppers often garden and use solar panels, for example, do rain water collection, etc. so promoting prepping from an eco-perspective could work.

@Jamie in Chile When investing I think the goal would be to look for small companies that are in the start up phase, both because their shares are going to be cheaper and because it helps more to buy their stocks. A more secure company like Beyond Meat probably doesn't need it as much.

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Jebus
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Post by Jebus » Sun Aug 04, 2019 2:00 am

brimstoneSalad wrote:
Sat Aug 03, 2019 11:50 pm
@Jebus I'm wondering if you have any thoughts on the above wager I mentioned.
I just wrote a detailed reply to your post but lost my connection and my post disappeared. I don't feel like starting over again, but in summary: I didn't really understand your post or how it was related to my previous comments.
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Post by brimstoneSalad » Sun Aug 04, 2019 1:34 pm

Jebus wrote:
Sun Aug 04, 2019 2:00 am
brimstoneSalad wrote:
Sat Aug 03, 2019 11:50 pm
@Jebus I'm wondering if you have any thoughts on the above wager I mentioned.
I just wrote a detailed reply to your post but lost my connection and my post disappeared. I don't feel like starting over again, but in summary: I didn't really understand your post or how it was related to my previous comments.
If that happens, you can click "Load quick draft" under the post. It auto-saves every minute or so. You may even still be able to do it.

My point was that you aren't wrong about the statistics, but that there are other conditions that make betting *against* the world ending the rational gambit since you can't cash out if the world ends. Thus it makes sense to assume greater value than the market does in companies that will profit from very strict climate change mitigation policies.

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Jebus
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Post by Jebus » Sun Aug 04, 2019 2:28 pm

brimstoneSalad wrote:
Sun Aug 04, 2019 1:34 pm
My point was that you aren't wrong about the statistics, but that there are other conditions that make betting *against* the world ending the rational gambit since you can't cash out if the world ends. Thus it makes sense to assume greater value than the market does in companies that will profit from very strict climate change mitigation policies.
Still not sure if I understand.

Are you suggesting that investing in companies who create, for example, renewable energy, might slow down the threat of global warming?

Are you suggesting that the "Pascal's wager" idea is not already reflected in the stock price of such companies?
How to become vegan in 4.5 hours:
1.Watch Forks over Knives (Health)
2.Watch Cowspiracy (Environment)
3. Watch Earthlings (Ethics)
Congratulations, unless you are a complete idiot you are now a vegan.

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brimstoneSalad
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Post by brimstoneSalad » Sun Aug 04, 2019 10:17 pm

It could slow it a little (investment also creates financial pressure on government), but more this:
Jebus wrote:
Sun Aug 04, 2019 2:28 pm
Are you suggesting that the "Pascal's wager" idea is not already reflected in the stock price of such companies?
I do not think it is taken into account, because most people haven't fully grasped how serious climate change may be on a personal level and are just looking at probability of returns. There's a very real possibility that we may not do much about it (or not enough to really benefit these companies), but in that scenario other investments aren't necessarily going to be worth anything.

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Post by Jebus » Mon Aug 05, 2019 12:43 am

@brimstoneSalad Interesting perspective and perhaps something worth for younger investors to consider.
How to become vegan in 4.5 hours:
1.Watch Forks over Knives (Health)
2.Watch Cowspiracy (Environment)
3. Watch Earthlings (Ethics)
Congratulations, unless you are a complete idiot you are now a vegan.

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brimstoneSalad
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Post by brimstoneSalad » Wed Aug 07, 2019 12:32 am

Jebus wrote:
Mon Aug 05, 2019 12:43 am
@brimstoneSalad Interesting perspective and perhaps something worth for younger investors to consider.
Shit could start hitting the fan with regard to climate change within the next decade, as the predictions of climate models keep getting blown out of the water. I wouldn't even rule it out for a middle aged investor. If we don't do something big about it we could see some serious financial turmoil.

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