To me, it’s more about financial independence than early retirement. Financial independence gives you the options to do a lot of different things; “retire” and volunteer for an effective charity, continue working and donate 100% of your income to charity, continue working and balloon your nest egg to establish a trust to be donated to an effective charity upon your death, etc. The knowledge that you are 100% financially independent gives tremendous security that (as well as it’s other benefits, such as decreasing stress) allows someone to comfortably and without consideration give large amounts of money.
Baisius
Karma: 294
Yes.
What are some strategies for pursuing this? I considered trying to write something, but it seems that the central message of “people are kind of bad at spending money efficiently and you are a people and you are probably bad at it too” is hard to convey without being rude, and unlikely to succeed. Particularly when you’re, in effect, going to be asking them to give their money away instead of saving it for retirement.
I have a question about the Effective Altruism community that’s always bothered me. Why does the movement not seem to have much overlap with the frugality/early retirement movement? Is it just that I haven’t seen it? I read a number of sites (My favorite being Mr Money Mustache, who retired at age 30 on a modest engineer’s salary) that focus on early retirement through (many would say extreme) frugality. I wouldn’t expect that this, or something close to it, would be hard for most people in the demographic of this site. It seems to me that the two movements have a lot in common, mainly attempting to get people to be more responsible with their money. If you take as an axiom that, for members of the EA movement, marginal income/savings equals increased donations, it seems as though there is tremendous opportunity for synergies between the two.
May want to add Slate Star Codex as an exception to the referrals question.
Time in community question needs to be updated to 7 years for the start of the community.
Might be worth it to specify aggregate Karma if you have multiple accounts. (This is an account that I started using after I decided I no longer wanted to use my real name. I mostly lurk anyway, though.)
It would be worth it to add a “no meetups in my area” option to the meetups question.
The header for part eight is listed twice.
I wasn’t thanks. I’ll try to read that sometime when I get a chance. At first glance though, I’m unsure why you would want it to be logarithmic. I thought about doing it that way too, but you then you lose the meaning associated with average error, which I think is undesirable.
Hi. I’m Baisius. I came here, like most, through HPMOR. I’ve read a lot of the sequences and they’ve helped me reanalyze the things I believe and why I believe them. I’ve been lurking here for awhile, but I’ve never really felt I had anything to add to the site, content wise. That’s changed, however—I just launched a blog. The blog is generally LW themed, so I thought it appropriate. I wouldn’t ordinarily advertise for it, but I would particularly like some help on one of the problems I explored in my first post. (see footnote 3)
One of the things that’s bothered me about PredictionBook, and one of the reasons I don’t use it much, is that its analysis seems a bit… lacking. In the post, I tried to come up with a rigorous way of comparing sets of predictions to see which are more accurate. I did this by looking at the distribution of residuals (outcome—predicted probability) for a set of predictions. The odd thing was that when I looked at the variance, the inverse of the variance showed some very odd patterns. It’s all there in the post, but if anyone who knows a bit more math than I do could explain it, I’d really appreciate it.
Completed. Very excited to see the digit ratio data.