The Ledger, every show

Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.

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BIG TECHNOLOGY Assertion Contradicted
Lee: Tether Is the World's Third Most Profitable Financial Institution
“And so Tether, from a net income basis, makes more money than most financial institutions. I think it's, would be the third most profitable financial institution in the world.”
Tom Lee Jun 25, 2025 ▶ 57:48 Tom Lee: Decoding the AI Trade, Bitcoin Predictions & What an AI Black Swan Event Might Look Like
BIG TECHNOLOGY Assertion Contradicted
Lee: Banks cannot internally transfer funds due to OFAC and FinCEN
“In fact, if you're a global bank, so take Barclays or JP Morgan, and you have money in, let's say Japan, and you want to move it to the US, you have to use an external intermediary to move the money. Banks can't internally transfer the money because it violate…”
Tom Lee Jun 25, 2025 ▶ 11:55 Tom Lee: Decoding the AI Trade, Bitcoin Predictions & What an AI Black Swan Event Might Look Like
BIG TECHNOLOGY Assertion Supported
Tom Lee: Much of Tech CapEx Is Maintenance, Not AI
“Not a hundred percent of tech spend is AI. A lot of it is maintenance CapEx and expansion CapEx and, you know, the catch up for spending that's been deferred because of COVID, et cetera.”
Tom Lee Jun 25, 2025 ▶ 0:53 Tom Lee: Decoding the AI Trade, Bitcoin Predictions & What an AI Black Swan Event Might Look Like
BIG TECHNOLOGY Assertion Supported
Lee: S&P 500 earnings grew despite major post-2020 macroeconomic shocks
“Four of four of those events should have caused a lot of companies to fail or earnings to decline. S&P earnings grew that entire period.”
Tom Lee Jun 25, 2025 ▶ 9:12 Tom Lee: Decoding the AI Trade, Bitcoin Predictions & What an AI Black Swan Event Might Look Like
BIG TECHNOLOGY Assertion Contradicted
Lee: Stablecoins Hold Twice as Much US Government Debt as Germany
“So you realize that stablecoins collectively are the 12th largest holder of US treasuries. They, like, they own twice as much as Germany, for instance.”
Tom Lee Jun 25, 2025 ▶ 58:48 Tom Lee: Decoding the AI Trade, Bitcoin Predictions & What an AI Black Swan Event Might Look Like
BIG TECHNOLOGY Assertion Supported
Tom Lee: Nearly 60% of stablecoin trading occurs in East Asia
“Stablecoin usage is only 20% in the US. Almost 60% of stablecoins trading takes place in Hong Kong, China, and Japan.”
Tom Lee Jun 25, 2025 ▶ 59:29 Tom Lee: Decoding the AI Trade, Bitcoin Predictions & What an AI Black Swan Event Might Look Like
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