why aren't all 8 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
Laffont: Active public stock picking has been a terrible business
“Being an active investor in the public market over 20 years has been a really bad business. We are fighting the machines, first of all, right? So Ken Griffin, Citadel, Renaissance, you know, all of these, you know, quants and algorithms, and that's number one.…”
Assertion Not checkable as stated
Chamath: Citadel runs $1T in daily exposure on $50B capital
“So I think that Citadel with the fifty billion of capital that investors have given them is probably running a trillion dollars on a daily basis in the markets.”
Assertion Supported
Calacanis: Ken Griffin pressured Harvard to support Israel after $500M in donations
“Citadel's Ken Griffin, who's donated more than a half a billion dollars to Harvard, placed a call last week to the head of Harvard and asked the university to come out in support of Israel.”
Assertion Partly supported
Sacks: Citadel bailed out Melvin Capital and Citron Research
“Citadel went in and bailed out Melvin and Citron, and so they're on both sides of this trade.”
Assertion Supported
Friedberg: Gabe Plotkin borrowed $2.75B from Citadel and Point72 during GameStop rally
“He had to borrow 2.75 billion dollars from Citadel and .7 just to get through his month.”
Opinion
Palihapitiya: Citadel CEO Ken Griffin is the most sophisticated market participant
“Basically, there is no more sophisticated market participant than Ken Griffin.”
Assertion Partly supported
Chamath: Citadel handles 47% of payment for order flow volume
“Citadel is responsible for 47% of all the payment for order flow volume. They paid Robinhood almost sixty million dollars in the third quarter.”
Assertion Supported
Chamath: Citadel returned $7B to investors in 2023
“They returned seven billion dollars to their investors in 23. I think if you go back since 2020, they've returned more than twenty billion.”