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LOCAL Friday 20 September 2024
Simon Waslander

Intermezzo: Sharp-Adjusted Altruistic Innovation Portfolio

As a loving reader, it is my more than enough capital economic and internation-
profound hope that the var- available, and that com- al level we can find a lot
ious innovative visions and binations of altruism and of inspiration from reports
columns illustrate what can monetary gains for inves- and calculations extremely
be possible in the near fu- tors are surely present. detailed from the United
ture for our beloved island Nations and the Sustain-
of Aruba and its inhabitants. 213 trillion US dollars avail- able Development Goals
In this column I am taking able (SDGs). There are already
the time to elaborate in a According to a report from tools available to help cal-
detailed manner what my the investment bank USB, culate how the SDGs inter-
goal and deep motivation the top 1.5% of most af- act with each other, and
is regarding everything I fluent people in the world how investment can cre-
have written in the previous have more than 213 trillion ate massive indirect spill-
years. US dollars in value. This is an overs in other areas.
extremely huge amount
Human suffering and frankly almost un- “Practice What You Preach”
From the first ancient texts imaginable. Thus we can Sadly and causing a great
and our own daily experi- conclude simply by saying deal of pain, my vision to
ence, we can easily con- there is enough capital to improve life for those living
clude that there is a lot of invest in all sorts of benefi- in Aruba has been blocked
human suffering around the cial projects. for more than seven years,
world, but also in Aruba. On simply because those in
the global scale, examples According to a big report government are not fond
like extreme poverty, that from Delloite, the compa- of me. It is ironic that my
takes the shape of people nies that handle this capital columns somehow reach
who do not have enough indeed are busy and giv- the highest levels of the in-
to eat or are exploited in ing priority not only to the vestment banking sector in
all kinds of manners. On need to generate mone- the United States and Sili-
the local level, think about tary gains, but also to make con Valley. At the moment
topics like chronic illness, our world a better home together with the wide net-
like a person who is handi- for one and all. Think about work I have accumulated,
capped after a stroke. Ex- projects of abundant ener- I am working hard on a vi-
amples of extreme suffer- gy, zero hunger and eradi- sion of a “Sharp-adjusted
ing abound. The goal that cation of poverty. Altruistic Innovation Portfo-
I have is to reduce this suf- lio,” which combines a high
fering that we all see out- Which combination of in- Return-on-Investment with
side of Aruba and that we vestment can create the beneficial goals for human-
experience ourselves. biggest impact? ity, and that takes into ac-
We have concluded that count the entire spill-over
It is my belief that technol- there is capital available complex that investment
ogy, if used in a responsible and already emphasis has on each other.
and strategic way, can is being put on altruistic
help relieve a lot of prob- goals. Now the cardinal My biggest hope is that in
lems that we are confront- question is what to invest a very near future we can
ed with, both on the local in first, in which amount, bring this vision of techno-
as well as the global level. which combination and logical innovation, altruism
which sequence. This is an and international capital
In the following sections I extremely complicated for Aruba, to reduce at
want to illustrate that on question and varies for least a little the human suf-
the global level there is each country. On a macro- fering on our island.q

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