kbog comments on EA Funds - An update from CEA - Effective Altruism Forum

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (21)

You are viewing a single comment's thread. Show more comments above.

Comment author: kbog  (EA Profile) 08 August 2018 05:08:20PM *  1 point [-]

The S&P500 has returned an average of >9% per year for the last 90 years.

How can you say "past returns are no guarantee of future returns" in response to this fact, then turn around and estimate future returns based on a snapshot of what yield and buyback are "right now"? The latter is much less reliable.

It takes about a minute to put money into a fund and another minute to sell it. Seems pretty simple to me.

Comment author: Robert_Wiblin 08 August 2018 09:29:35PM 10 points [-]

The effort required to set up a non-profit trading account, go through KYC, make it secure, teach everyone in the org how it works, and do the necessary legal, budgetary and accounting compliance each year make this much more than a few minute job. Things that are easy for individuals are often less straightforward for organisations.