DonyChristie comments on Introducing Antigravity Investments: Free Investment Management for the EA Community - Effective Altruism Forum

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Comment author: DonyChristie 11 July 2017 08:12:32PM 1 point [-]

I'm interested to know whether Antigravity investments is really needed when EAs have the option of using the existing investment advice that's out there.

Trivial inconveniences.

Comment author: rohinmshah  (EA Profile) 14 July 2017 05:30:26AM 2 points [-]

Is Antigravity Investments less of an inconvenience than Wealthfront or Betterment?

(I agree that roboadvisors are better than manual investing because they reduce trivial inconveniences, if that's what you were saying. But I think the major part of this question is why not be a for-profit roboadvisor and then donate the profits.)

Comment author: Brendon_Wong 14 July 2017 10:13:13PM *  0 points [-]

Other EAs in finance have noted trustworthy people and good evidence-based advice is hard to come by, there are EA specific considerations for investing, and quality people/firms often extract a lot of the value for themselves. This could make high quality EA financial advice and investment management a non-trivial inconvenience. Betterment and Wealthfront cover a fraction of financial services—basic passive investing—and while they're cheap, their performance is subpar, very much so compared to our passive and active strategies and passive strategies in general. High quality investment management is hard to get. For someone looking to donate appreciated securities with Betterment/Wealthfront they're probably out of luck.

Comment author: kbog  (EA Profile) 14 July 2017 11:18:20PM 1 point [-]

How is that relevant?