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 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
Casey: Hyping stock over-compensates current hires at future employees' expense
“Some companies sort of like hype up their stock, and I feel like that's a mistake because what you do if you have a lot of stock-based comp is you're basically pulling forward the compensation that was going to go to all the people you're about to hire, And yo…”
Mark Casey: In fintech, evaluate moat width over raw growth
“So in FinTech, I sort of take the growth for granted and spend a lot of time thinking about, ok, is the moat really wide enough for the profits to be there?”
Casey: Capital allocation is a learnable, critical CEO skill
“One of the unheralded skills that CEOs can really study is capital allocation. You know, if you have a 20 PE stock, and you grow your earnings 12 or 13% a year, after a decade, your earnings will add up to 90% of the market cap the day you started as CEO. So t…”