If everyone has no idea what other people are funding and instead just donates a scaled down version of their ideal community-wide allocation to everything, what you get is a wealth-weighted average of everyone’s ideal portfolios. Sometimes this is an okay outcome. There’s some interesting dynamics to write about here, but equally I’m not sure it leads to anything actionable.
If everyone has no idea what other people are funding and instead just donates a scaled down version of their ideal community-wide allocation to everything, what you get is a wealth-weighted average of everyone’s ideal portfolios. Sometimes this is an okay outcome. There’s some interesting dynamics to write about here, but equally I’m not sure it leads to anything actionable.