That journal investigates things in ways that produce immediate changes in the prices of easily tradeable assets. Lesswrong doesn’t.
It often does investigate things in such a way that will produce or predict eventual changes in an ambiguous basket of assets over a long timespan, but it’s hard to make much money that way, you can’t compound your returns.
Hmm, I think I misphrased my OP, I agree that a lot of what we write about wouldn’t produce those sorts of immediate changes. I meant more that this is a rather profitable business model that I expect some of us to be very well-suited to, which also happens to work towards one of the core goals of our community. I also separately expect that we spend far less time than we should finding ways to bet on the seemingly ambiguous things, but I also don’t think that working out is necessary for a profitable LW investigative journal. It seems plausible that the people with the necessary skillsets are currently busy with more valuable things, but I’m a little suspicious of that argument because of the aforementioned lack of funding.
Why would lesswrong control this, though? I think it would look more like some lesswrong users being part of an investing firm, and donating some of their winnings to lightcone, which is possibly already happening
That journal investigates things in ways that produce immediate changes in the prices of easily tradeable assets. Lesswrong doesn’t.
It often does investigate things in such a way that will produce or predict eventual changes in an ambiguous basket of assets over a long timespan, but it’s hard to make much money that way, you can’t compound your returns.
Hmm, I think I misphrased my OP, I agree that a lot of what we write about wouldn’t produce those sorts of immediate changes. I meant more that this is a rather profitable business model that I expect some of us to be very well-suited to, which also happens to work towards one of the core goals of our community. I also separately expect that we spend far less time than we should finding ways to bet on the seemingly ambiguous things, but I also don’t think that working out is necessary for a profitable LW investigative journal. It seems plausible that the people with the necessary skillsets are currently busy with more valuable things, but I’m a little suspicious of that argument because of the aforementioned lack of funding.
Why would lesswrong control this, though? I think it would look more like some lesswrong users being part of an investing firm, and donating some of their winnings to lightcone, which is possibly already happening