I’ve heard of some investors allocating a small percentage of their portfolio towards highly speculative “moonshot” style investments. The logic being that it’s impossible to ever accurately forecast how some types of investment, such as start-up companies, will perform in the longer term, but that they carry the potential to offer outsized returns.
What are your thoughts on treating charitable donations similarly? For example, giving ~95% of your donations to charities for which there is a strong evidence base to back up their efficacy and giving the remaining ~5% to “speculative” style charities for which there is less objective evidence?
If you had to choose a “speculative” charitable cause, what would it be?
I’ve heard of some investors allocating a small percentage of their portfolio towards highly speculative “moonshot” style investments. The logic being that it’s impossible to ever accurately forecast how some types of investment, such as start-up companies, will perform in the longer term, but that they carry the potential to offer outsized returns.
What are your thoughts on treating charitable donations similarly? For example, giving ~95% of your donations to charities for which there is a strong evidence base to back up their efficacy and giving the remaining ~5% to “speculative” style charities for which there is less objective evidence?
If you had to choose a “speculative” charitable cause, what would it be?