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 2 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
Chamath: IBM spent $132B on buybacks while its market cap collapsed
“In the last, I think, 15 or 20 years, IBM's market cap has gone down to one hundred and thirteen billion. In the meantime, they've bought back one hundred and thirty two billion dollars of stock.”
Loeb: Identifying 10-to-20-year business moats is harder today than in the past
“And it's, it is harder now. I don't think we can, I don't know that we can really go out, you know, 10 or 20 years ago. By the way, I think we deluded ourselves earlier, because I think if you ask people about the moat around, you know, IBM, or, you know, some…”