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.
why aren't all 7 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
Lemkin: Wealthfront's IPO is deeply broken and trading down 30-40%
“It's a deeply broken IPO. You know, it's trading down what? 30 or 40% from its IPO and it's subscale. Like it's worse. It's subscale, right?”
Automated financial advice will see major adoption by 2021, predicts Adam Nash
“Right now, people are fairly skeptical about this idea that we can move beyond automating investment and move to automating financial advice. But I think within the next three to five years, you're going to see phenomenal improvements in detailed, personalized…”
Rachleff: Automated investment services are adopted twice as fast as ETFs
“And automated investment services, like Wealthfront, have been adopted at twice the rate that ETFs have.”
Wealthfront approached $4 billion in AUM and 75,000 clients in 2016
“And now to see us getting close to, you know, four billion dollars and you know, over 75,000 clients and see the entire industry reshaping so that everyone's going to offer an automated service.”
Wealthfront grew from 17 to approximately 140 employees under Adam Nash
“When I joined Wealthfront there were 17 people at the company and now we're just about a 140.”