The Ledger

Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.

clear all ✕

why aren't all 3 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable

Insight
Lemkin: Individual Investors Should Avoid Venture Capital Funds for Index Funds
“My advice to everyone out there that, like, emails me, hey, can I invest in Sastra Fund? Don't put money into any of them, is my advice to individuals. To individuals because I don't even think everyone's full of shit. I think even making three, if you do a se…”
Jason Lemkin May 27, 2024 ▶ 1:18:57 Jason Lemkin: Why Pricing is Worse Than Ever and There is More Funding Than Ever | E1157 · 20VC with Harry Stebbings
Assertion Partly supported
Barrett: Venture capital as an asset class underperforms the S&P 500
“And I'd say like as an asset class, venture capital returns less than, you know, S and P 500.”
David Barrett Nov 17, 2017 ▶ 8:48 20VC: Why Valley Investors Are Really Gamblers, Why The Business Model of Selling To The Biggest Sucker Is Wrong & Why The Best Potential Hires Don't Care Who Your VC is with David Barrett, Founder & CEO @ Expensify
Disclosure
Fried holds index funds and Apple stock at a $2 cost basis
“My personal trading portfolio is like boring index funds, like S and P 500 in NASDAQ, the Dow, that kind of stuff. I've owned Apple for many years, split-adjusted down to, like, two dollars, so I've done quite well on Apple over the years.”
Jason Fried Mar 22, 2021 ▶ 9:23 20VC: Basecamp CEO Jason Fried on His Relationship To Risk, Money, Vulnerability and Self-Doubt, Fantasising About Being Fired, How To Optimise Decision-Making and Minimising Regret
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