It's hard to give away money.

[Mik]

Apparently has been for quite some time. I'm nowhere near this level, but I do my homework before I give money to organizations.

https://www.msn.com/en-us/money/personalfinance/elon-musk-joins-long-list-of-billionaires-who-ve-said-giving-away-money-is-hard-including-andrew-carnegie/ar-AA1aWQZ7?ocid=msedgntp&cvid=bce17f1362c04a089f669ce44e709e8b&ei=15

[jon-nyc]

It's why Gates works full time at it.

I'm sure he knows Bill McCaskill and the Effective Altruism guys. I wonder why he doesn't like that. One problem might be that it points almost exclusively to fighting infectious disease in Africa, and he's probably interested in other things.

[taiwan_girl]

@Mik said in It's hard to give away money.:

Apparently has been for quite some time. I'm nowhere near this level, but I do my homework before I give money to organizations.

https://www.msn.com/en-us/money/personalfinance/elon-musk-joins-long-list-of-billionaires-who-ve-said-giving-away-money-is-hard-including-andrew-carnegie/ar-AA1aWQZ7?ocid=msedgntp&cvid=bce17f1362c04a089f669ce44e709e8b&ei=15

It is a good thought exercise. I have thought about how I would handle giving away lots of money and it would be a lot of work.

I was reading an article about Jeff Bezo wife, who has been doing that. I believe that her philosophy is kind of just random donations directly to people/organizations, etc. Hard to do.