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Maksadbek | 7 months ago

If you don’t invest to some company because of ethical reasons, then investing isn’t for you.

Anything can be used for good and bad reasons.

discuss

order

const_cast|7 months ago

> Anything can be used for good and bad reasons.

Yes, and that's why we bombed Hiroshima and Nagasaki with a 1935 Buick Century.

These "anything can be anything (if you try hard enough)" arguments are so tired and elementary.

Yes, you're technically right. But don't go bragging yet. That "if you try hard enough" tidbit is doing a lot of heavy lifting. Effort isn't free, nor is it infinite. Everything is a matter of scale.

That's why I can own a kitchen knife, and even a gun, but not a minigun. That's why even if I was granted a minigun, I surely wouldn't be granted a nuclear warhead. Would you trust Americans with a nuclear warhead? Second Amendment 2.5: everyone has the right to bear legs, and by legs we mean nuclear warheads. Sounds great.

There's a difference between doing something small, and doing something big. Doing something small and bad is bad, but it's less bad than doing something big and bad. If that sounds like goo goo ga ga level logic, that's because it is. I think children learn this pretty quickly.

seydor|7 months ago

It's not like Palantir invents the algorithms, but it select where to apply them.

So it turns out it's very possible to invest in good or bad ethics

sundaeofshock|7 months ago

If ethics don’t influence your investment choice, then you have no ethics.

chronal4720|7 months ago

> If ethics don’t influence your investment choice, then you have no ethics.

yeah, I have no ethics

TC $800k

aprilthird2021|7 months ago

Not true. We can be capitalists and have ethics. We don't have to be full throated supporters of the craziness of Palantir's founders (they are very open about their insanity) to be investors

sugarpimpdorsey|7 months ago

The author's primary lament seems to be he purposely didn't invest in a rapidly growing company because of:

1. Some personal dislike of the principals or their product or petty political disagreement

2. Company grows 500% (as predicted)

3. Everyone else makes money except the author who deliberately didn't invest ( see #1 above)

4. It's not fair!

5. Write angry sour grapes substack blaming the current administration for all your problems.

const_cast|7 months ago

> petty political disagreement

Politics isn't a sports game. These aren't teams, and you aren't rooting on a championship game.

People die. Lots and lots of people. This isn't some abstract things that just exists in your mind to get mad about, it's real life.

text0404|7 months ago

"petty political disagreement" literally donated massive amounts of money to donald trump and supporting a genocide. the post discusses Thiel and Trumps misconduct and the ethical reasons the author is choosing not to invest, but sweet strawman.