Nick writes: < It seems to me that most of our actions are based on faith. A genuine skeptic would just be a quivering mass of jello. >
It seems absurd to say `faith-based investing’. Why would one put their well-being in the hands of an organization that didn’t have a plan to manage risk? By having more kinds of resources, and the ability to weather longer storms, one can come out of a crisis with a stronger portfolio. That argues for more pooling of resources (and larger organizations), not less. Marcus
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