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 12 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
BYD's Founder Succeeded by Ignoring Munger and Li Lu's EV Advice
“That Charlie and Li Lu Lu Li Li Lu gave the founder advice and he ignored it. And he was right. He's like, don't go in electric cars or whatever it was that he did.”
Charlie Munger Turned One Barron's Idea Into $400 Million With Li Lu
“He's like, I read Barron's every all the time for 50 years. I found one idea that I can act on. I made fifty million dollars on that deal, and then I took that fifty million and I gave it to Lee Lu. Is that the? Oh, yeah, yeah. In Seattle. I gave that fifty mi…”
Steve Jobs Ripped Off Edwin Land's Tech and Liberal Arts Line
“Like when we used to watch the presentations that Steve would give, where he's like, oh, we're building at the intersection of technology and liberal... Arts. He put it up on the screen. He ripped that off wholesale. It is literally Edwin Land said that exact …”
98 Percent of All Published Books Sell Fewer Than 5,000 Copies
“98% of books ever published sell less than 5000 copies.”
Sam Zell Practiced Fundamentals Before Selling Equity Office Properties for $38B
“Sam Zell sold his company for almost forty billion dollars, right?
Thirty-eight billion dollars, whatever it was.
It's like, you don't build a company, sell for forty billion dollars, and then learn all this shit.
It's like, he was doing this since he was youn…”
Senra: 1980s billionaire Daniel Ludwig paid PR firms to avoid press
“It's called The Invisible Billionaire Daniel Ludwig. Was the richest person in the world in the eighties, and no one knew who he was. He paid public relations firm to keep his name out of the papers.”
Tegus Bought All 2023 Podcast Ad Inventory Across the Colossus Network
“And so he goes hey Colossus Network, I'd like to buy up every single ad inventory for 2023 on every single one of your shows.”
Senra: Buffett and Munger Spent Up to Eight Months per Berkshire Letter
“How much time they spend on those letters. It's like half a year, seven, eight months for every letter.”
Steve Jobs Personally Approved Every Single Apple Advertisement in Weekly Meetings
“Every Wednesday at like three o'clock or I forgot the time, they had like a three hour meeting. He would approve, have to approve every single piece of advertising marketing that went out for Apple. There's not a fucking billboard in Kentucky that went out wit…”
Senra: Charlie Munger recommends reading Les Schwab's autobiography on incentives
“Charlie Munger says you should read, if you want to learn about incentives in a really difficult business, read Les Schwab's autobiography, which I did because Charlie told me to, did it like episode a long time ago.”