markjgsmith

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06:02:00 +07:00 The Exploding World of ETFs - I was mildly interested in the this just because it's become the hot topic in bitcoin circles. About 1/2 way through the article though, where he paints the picture of how broad ETFs can get, the thing that sparked my attention was the similarity with content curration. They are like currated content feeds but for stocks. It got me wondering about communities. If you and your friends wanted to invest in the communities that surrounded you, how could you do that? Wouldn't an ETF type model be worth considering? You wouldn't necesarily make money, though you might, maybe the value you got back would be in a more vibrant community that had currents of activity that alligned with your interests. The currator in me thinks hyperlocal ETFs might be interesting as a vehicle for improving the places we live in. Of course there could be downsides too, getting the balance between mainstream and fringe might be a challenge. # jameslavish.substack.com

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