I agree with A.Madden. If the question was phrased $10 trillion in physical wealth that didn’t exist before, it would be different. I wouldn’t trust myself to manage more than a few hundred billion, and I’d destroy the other $9.6 trillion.
Maybe a $75000 investment trust for myself and about twice that for family and friends.
Most of my investment strategies (Grahamian Value modified to account for future demographic, geopolitical, cultural and technological trends) breakdown at such high valuations.
I like the CDI index and I like P.Martin’s initiative to tie Canadian African foreign aid to those nations (Kenya gets bonus pts for denouncing Mugabe and South Africa and Zimbabwe would get nothing at present) that stamp out corruption. So maybe $40 billion to buy down the debt of said nations.
I’d saturate research grants for things like apiculture, grain, and desalination research; maybe one billion would cover 10000 grants. But the real need is probably university research infrastructures, and I’d be worried about being stuck with the operating costs and the marginal research gains not being anything close to the research output now.
I’d want to harmonize distance learning education globally, but that is dependant on accreditation and immigration reforms, and I don’t think the real gains will accrue until holograms fill bandwidth. So for now I’d make strategic scientific journal sectors free.
Would buy up mosquito nets and saturate microfinance penetration (dependant on training door-to-door bankers). Maybe $5 billion?
Lots of think-tanks on various subjects. I wasted much time doing casual labour to make rent and may again in the future; no doubt there are millions of others. $2 billion would fund 1000 think-tanks that mimic university institutions without the need to force superfluous course material.
I’d establish a $10 billion trust for grain storage GMO research, and physical pilot projects that mimic the UK’s previous Intervention Storage project, but at a much higher tech level.
I’d establish a $10 billion trust to accelerate the research into urban robotic greenhouses (inert gas greenhouse sheaths, robotic pruners, OLEDs, time-release fertilizers, GMOs).
I’d short any oil and coal companies that have funded Neoconservative think-tanks or used lawyers that have previously defended the asbestos or tobacco industries. $25 billion. I’d pay 1⁄6 the value to developing nations of building wind turbines instead of coal, as wind company stock options towards their sovereign wealth funds. A $4 billion trust?
Saturate IDE’s drip irrigation and hand pump market; a $2 billion trust. $5 billion(?) to work with the big US banks to implement grain elevators and exchanges in the developing world, and novel metal commodity contracts in the developed world (semiconductors and polymer solar cells need metals like gallium). I’d match any CSA funding if they wanted to reinstate NASA’s cancelled NIAC ($500 million).
A trust to fight computer hackers (best way to fight AI threats from what I can tell), and sketch out the possibility of a low footprint gene sequencing and electronics market decades in the future, to fight designer pandemic and AI/AGI. $10 billion.
Fighting pandemics appears to turn into fighting Staph infections, so $50 billion to give hospitals in the western world gelFAST alcohol rubs dispensors for their nurses and U of T nurse hand-wash sensors ($300 a bed) in all hospital beds. $100 billion for basic sewage, health, nutrition and education infrastructures in the developing world.
Saturate Cuba’s 3rd world doctor exporting programme, $500 million. A trust to GMO a crop containing all 8 essential amino acids.
At $263 billion here. The problem is my investment strategy wouldn’t work at such a high valuation, and I’d need to devote a lot of time to learn new strategies just to park and manage the trusts. Also, a lot of things I think are high ROEs are properly handled by governments. There is a $10 billion programme forwarded to fight mental health disorders in Canada, certainly useful for managing any futuristic technologies. I like building nursing homes and affordable pedestrian friendly housing, and I like rejigging agriculture tarriff/subsidy rates, but that is the job of government. Same for things like offering free bank accounts, the job of private industry.
Most of the above can be distilled to university grants, and making university accessible to the third world and to first world adults. Many things I don’t know enough about to fund. A $1 billion trust to buy light-weight solar cells and mini wind turbines for the developing world. $2 billion to cut Canada’s boreal forest into pieces to fight Mountain Pine Beetle, if it eats Jack Pines. $100 million to fund solid-state hydrogen research. $900 million to buy up rainforests/wetlands in danger. A $1 billion prize trust to give annual awards to leaders that safeguard their own environmental capital. I’d want to buy a Zenn electric car, but they are illegal in Canada. $269 billion.
I agree with A.Madden. If the question was phrased $10 trillion in physical wealth that didn’t exist before, it would be different. I wouldn’t trust myself to manage more than a few hundred billion, and I’d destroy the other $9.6 trillion. Maybe a $75000 investment trust for myself and about twice that for family and friends. Most of my investment strategies (Grahamian Value modified to account for future demographic, geopolitical, cultural and technological trends) breakdown at such high valuations. I like the CDI index and I like P.Martin’s initiative to tie Canadian African foreign aid to those nations (Kenya gets bonus pts for denouncing Mugabe and South Africa and Zimbabwe would get nothing at present) that stamp out corruption. So maybe $40 billion to buy down the debt of said nations. I’d saturate research grants for things like apiculture, grain, and desalination research; maybe one billion would cover 10000 grants. But the real need is probably university research infrastructures, and I’d be worried about being stuck with the operating costs and the marginal research gains not being anything close to the research output now. I’d want to harmonize distance learning education globally, but that is dependant on accreditation and immigration reforms, and I don’t think the real gains will accrue until holograms fill bandwidth. So for now I’d make strategic scientific journal sectors free. Would buy up mosquito nets and saturate microfinance penetration (dependant on training door-to-door bankers). Maybe $5 billion? Lots of think-tanks on various subjects. I wasted much time doing casual labour to make rent and may again in the future; no doubt there are millions of others. $2 billion would fund 1000 think-tanks that mimic university institutions without the need to force superfluous course material. I’d establish a $10 billion trust for grain storage GMO research, and physical pilot projects that mimic the UK’s previous Intervention Storage project, but at a much higher tech level. I’d establish a $10 billion trust to accelerate the research into urban robotic greenhouses (inert gas greenhouse sheaths, robotic pruners, OLEDs, time-release fertilizers, GMOs). I’d short any oil and coal companies that have funded Neoconservative think-tanks or used lawyers that have previously defended the asbestos or tobacco industries. $25 billion. I’d pay 1⁄6 the value to developing nations of building wind turbines instead of coal, as wind company stock options towards their sovereign wealth funds. A $4 billion trust? Saturate IDE’s drip irrigation and hand pump market; a $2 billion trust. $5 billion(?) to work with the big US banks to implement grain elevators and exchanges in the developing world, and novel metal commodity contracts in the developed world (semiconductors and polymer solar cells need metals like gallium). I’d match any CSA funding if they wanted to reinstate NASA’s cancelled NIAC ($500 million). A trust to fight computer hackers (best way to fight AI threats from what I can tell), and sketch out the possibility of a low footprint gene sequencing and electronics market decades in the future, to fight designer pandemic and AI/AGI. $10 billion. Fighting pandemics appears to turn into fighting Staph infections, so $50 billion to give hospitals in the western world gelFAST alcohol rubs dispensors for their nurses and U of T nurse hand-wash sensors ($300 a bed) in all hospital beds. $100 billion for basic sewage, health, nutrition and education infrastructures in the developing world. Saturate Cuba’s 3rd world doctor exporting programme, $500 million. A trust to GMO a crop containing all 8 essential amino acids. At $263 billion here. The problem is my investment strategy wouldn’t work at such a high valuation, and I’d need to devote a lot of time to learn new strategies just to park and manage the trusts. Also, a lot of things I think are high ROEs are properly handled by governments. There is a $10 billion programme forwarded to fight mental health disorders in Canada, certainly useful for managing any futuristic technologies. I like building nursing homes and affordable pedestrian friendly housing, and I like rejigging agriculture tarriff/subsidy rates, but that is the job of government. Same for things like offering free bank accounts, the job of private industry. Most of the above can be distilled to university grants, and making university accessible to the third world and to first world adults. Many things I don’t know enough about to fund. A $1 billion trust to buy light-weight solar cells and mini wind turbines for the developing world. $2 billion to cut Canada’s boreal forest into pieces to fight Mountain Pine Beetle, if it eats Jack Pines. $100 million to fund solid-state hydrogen research. $900 million to buy up rainforests/wetlands in danger. A $1 billion prize trust to give annual awards to leaders that safeguard their own environmental capital. I’d want to buy a Zenn electric car, but they are illegal in Canada. $269 billion.