

https://en.wikipedia.org/wiki/Moral_hazard
The backstory of Fallout:
paljastus
Disaster capitalist company causes disaster trying to pump up share value.
In Memex crowd thinking environment for thoughts unthinkable to separate beings, human-machine general intelligence raises superintelligent offspring to help all life.
https://en.wikipedia.org/wiki/Moral_hazard
The backstory of Fallout:
Disaster capitalist company causes disaster trying to pump up share value.
You shouldn’t be paying any form of investor to pretend they can see into the future.
True, usually index funds outperform active investors, but there are special cases (third point below):
https://www.cnbc.com/2020/11/24/heres-when-active-mutual-funds-tend-to-outperform-index-funds.html
- Investors generally fare better in index mutual funds and exchange-traded funds versus their actively managed counterparts.
- The average investor pays about five times more to own an active fund relative to an index fund. This makes it tougher for active funds to outperform index funds, after fees.
- However, the lowest-cost active funds tend to beat the average index fund in categories like junk bonds, foreign stock and global real estate.
… A company isn’t affected by whether a fund invests or does not invest in them.
False. When you buy existing shares, they’ll see the increased demand and issue more shares, making more money from investors after you. Same as when you buy a stolen item, the thief reacts to increased demand by stealing another one.
… responsible funds are just for show …
Those “responsible” ESG-labeled funds (Environmental, Social And Governance) are too lax for modern investors’ thirst for good. We need tighter criteria. Commenter Squizzy here said tailored ethical funds exist: https://lemmy.world/comment/15070231
… donate the money to charities instead.
Good, but unsustainable. You can grow charity power by growing money in benefit corporations, such as Mozilla.
The activity can be limited, and so can the risk:
Once in about 5 years, buy a diversified portfolio of 30 companies in at least 10 countries on at least 2 continents in at least 3 unrelated industries, and forget for 5 years.
Maybe prefer to buy in a depression and sell on a bubble if you’re feeling extra active. Just be sure to diversify in time by buying at different times to avoid accidentally investing everything on top of a global bubble.
Between stock sprees, save into a regular savings account.
Buying shares is easy nowadays through many banks’ websites. I use Nordnet.
I think the most ethical thing to do is to help the most ethical companies trying to stay clean in a dirty economy.
Surely there are good-enough ones in all countries and sectors. Makers of wind turbines, solar panels, batteries, cable, bicycles, electric vehicles (trains and trams!), etc. ASML, TSMC, Tuxedo Computers, Fairphone, etc.
Maybe all Americans are guilty, but we should blame those who made them that way with lifelong propaganda. Even if you wise up and do your best, tough luck being given FPTP voting and two evils to choose from. How guilty are unwilling participants?
The evil of the rich use your money to kill the innocent.
Indeed, Wikipedia: Proof of stake # Energy consumption
In 2021, a study by the University of London found that in general the energy consumption of the proof-of-work based Bitcoin was about a thousand times higher than that of the highest consuming proof-of-stake system that was studied even under the most favorable conditions and that most proof of stake systems cause less energy consumption in most configurations.
In January 2022, Erik Thedéen, the vice-chair of the European Securities and Markets Authority, called on the EU to ban the PoW model in favor of PoS because of the latter’s lower energy consumption.
Ethereum’s switch to proof-of-stake was estimated to have cut its energy use by 99%.
Crypto money is a waste of computation that could be used for something productive, like protein folding.
When investing in (most) companies, the money buys means of production for making a product someone can use. I like that.
One day I had my phone charging on the same table I was measuring a liquid from two glass dropper bottles. The phone heard me shaking the bottles, clinking the glass pipettes, and dropping the liquid into water. I’ve never ever talked about dropper bottles as I didn’t know what they are called before this incident. I had bought the liquids with their bottles about a month before, and I’ve only ever referred to them by the brand name of the liquid.
My Quora feed 20 minutes later:
“What are the advantages of using dropper bottles in chemical processes?”
Usually index funds outperform active investors.
https://en.wikipedia.org/wiki/A_Random_Walk_Down_Wall_Street
https://www.cnbc.com/2020/11/24/heres-when-active-mutual-funds-tend-to-outperform-index-funds.html
- Investors generally fare better in index mutual funds and exchange-traded funds versus their actively managed counterparts.
- The average investor pays about five times more to own an active fund relative to an index fund. This makes it tougher for active funds to outperform index funds, after fees.
- However, the lowest-cost active funds tend to beat the average index fund in categories like junk bonds, foreign stock and global real estate.
That’s how the evil profit the most, and voting with your feet has limited effect. The correct solution is regulation and EU-mandated boycott.
…which should be used only when the browser is running out of memory.
Clearing the whole form when submitting should be defined a crime with fines.
A phone can notice when it’s in the hands of a security expert and start acting normal. Before dieselgate, Volkswagen cars had been emissions tested for years without finding anything suspicious. Turned out VW used the car’s sensors to detect when it was being tested.
Similarly before dieselgate, Volkswagen cars had been emissions tested for years without finding anything suspicious. Turned out VW used the car’s sensors to detect when it was being tested. A phone can notice when it’s in the hands of a security expert and start acting normal.
The whole CLI. Linux should automatically generate default GUIs from manpages and code, to be developed further by the crowd of users on the desktop. It’s pointless to handcraft both interfaces one app at a time.
I like Linux Mint (compared to Ubuntu, Debian, and Windows) because usually right-clicking takes me closer to the solution I’m looking for, but it doesn’t allow me to dig deep enough. It should be discoverable all the way from the desktop to what makes it tick. Think of Smalltalk by Alan Kay in Xerox PARC in the 1970s, or what it would be now had it been mainstream all this time. #discoverability #explorability
The EU should fine companies for introducing new standards that break old standards. Or any shit standards like Toslink: https://lemmy.world/comment/10671314 . Standardization organizations shouldn’t be sleeping through all this shit.
No, can’t be lack of anything, it was the regular Mint 21.3 installer image overwriting Debian on a normal ext4 formatted partition. Nothing should have gone wrong. Reinstalled with formatting on, and it started working.
“Hadn’t” means “had not” (not done in the past), not “had not” (lacked possession). I’m Finnish and might be wrong.
I wouldn’t dare have everything invested in one house. What if there’s a bubble about to burst? What if the house is hit by a disaster that insurance won’t cover? If I owned a house, I’d probably take some debt and buy foreign shares not related to house prices.
https://en.wikipedia.org/wiki/Diversification_(finance)
https://en.wikipedia.org/wiki/Hedge_(finance)