“Fund Causes Open Phil Underfunds (Instead of Your Most Preferred Causes)” by Ariel Simnegar 🔸

<p><strong> Key Takeaways</strong></p><ul> <li> Optimizing your giving's effect on "EA's portfolio” implies you should fund the causes your value system thinks are most underfunded by EA's largest allocators&nbsp;(e.g. Open Phil&nbsp;and SFF).</li><li> These causes aren't necessarily your value system's most preferred causes. ("Preferred" = the ones you'd allocate the plurality of EA's resources to.)</li><li> For the typical EA, this would likely imply donating more to animal welfare, which is currently heavily underfunded under the typical EA's value system.</li><li> Opportunities Open Phil is exiting from, including invertebrates, digital minds, and wild animals, may be especially impactful.</li></ul><p><strong> Alice's Investing Dilemma: A Thought Experiment</strong></p><p> Alice is a conservative investor who prefers the risk-adjusted return of a portfolio of 70% stocks and 30% bonds. Along with 9 others, Alice has been allocated $1M to split between stocks and bonds however she sees fit. The combined $10M portfolio will be held for 10 years, and its [...]</p> <p>---</p><p><strong>Outline:</strong></p><p>(00:07) Key Takeaways</p><p>(00:53) Alices Investing Dilemma: A Thought Experiment</p><p>(01:55) In Charity, We Should Optimize The Portfolio of Everyones Actions</p><p>(03:09) Theoretical Implications</p><p>(03:31) The Portfolio of Everyones Actions vs EAs Portfolio</p><p>(04:10) Practical Recommendations</p><p>(05:26) EAs Current Resource Allocations</p> <p>---</p> <p><b>First published:</b><br/> November 9th, 2024 </p> <p><b>Source:</b><br/> <a href="https://forum.effectivealtruism.org/posts/2G8XfzKyd78JqZpjQ/fund-causes-open-phil-underfunds-instead-of-your-most?utm_source=TYPE_III_AUDIO&utm_medium=Podcast&utm_content=Source+URL+in+episode+description&utm_campaign=ai_narration" rel="noopener noreferrer" target="_blank">https://forum.effectivealtruism.org/posts/2G8XfzKyd78JqZpjQ/fund-causes-open-phil-underfunds-instead-of-your-most</a> </p> <p>---</p> <p>Narrated by <a href="https://type3.audio/?utm_source=TYPE_III_AUDIO&utm_medium=Podcast&utm_content=Narrated+by+TYPE+III+AUDIO&utm_term=ea_forum&utm_campaign=ai_narration" rel="noopener noreferrer" target="_blank">TYPE III AUDIO</a>.</p>