In the current investment paradigm, there is often a conflict with what it is good for the whole and what is good for investors.
This can be a complicated subject. The recent chaos caused by the recent pandemic, as well as the transparency on current racial issues makes it very clear that our basic systems in society just do not work for most people. There are far too many inequities. System change is complicated and hard, but necessary right now. It starts with the need for radical honesty regarding the full extent of the problems in society and how all the parts intersect. Fortunately, when you start to bring together current computing technology with interdisciplinary experts you can start to draw a map of the full extent of the issues. It is only then can you come up with a strategy of the potential solutions that work for the whole. You will often figure out numerous investment ideas at this point, but none of them lead you to investments that concentrate power or cause more monopolies. There is nothing wrong with earning solid returns for the risk you are taking, but the long term value you are creating need to work for the whole, especially in areas that are critical to society such as food security, healthcare, education, etc. If you have a business idea that scales up quickly and has a chance to dominate an industry, investors will line up at the door for the chance to invest, even if you are causing numerous problems with that investment longer term due to the concentrated power that results. This approach to investing is all about scaling up and dominating industries, but this actually destroys freedom, creativity, and capitalism, as well as breeds numerous inequities longer term. It is a very win/lose model. It is a “win” for the narrow few and a big “loss” for everyone else.[Read more…]