Yes, I do not think we actually have a disagreement. The rule that you shouldn’t diversify only applies if your aim is to help people. It obviously doesn’t apply for all possible aims, as it is possible to imagine an agent with a terminal value for diversified charitable donations.
More specifically, it only applies if your goal is to help people, and your donation is not enough to noticeably change the marginal returns on investment.
Yes, I do not think we actually have a disagreement. The rule that you shouldn’t diversify only applies if your aim is to help people. It obviously doesn’t apply for all possible aims, as it is possible to imagine an agent with a terminal value for diversified charitable donations.
More specifically, it only applies if your goal is to help people, and your donation is not enough to noticeably change the marginal returns on investment.
Okay, yes, thats true
Billionaires feel free to ignore the OP
Along with people who donate to small causes.
Although, it still applies to them to the extent that you should not donate to a small cause if there is a big cause that offers better returns.