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 13 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 2 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
Ackman: Sarah Friar should be OpenAI CEO and Sam Altman chair
“I thought she should be CEO of OpenAI. I think Sam should be chair.”
Ackman: Amazon, Meta, and Microsoft are undervalued amid AI hype
“I think a similar thing is happening today, in a sense, to Amazon and Meta, Microsoft.”
Ackman: Howard Hughes will reinvest all cash flow into insurance
“What we're doing is instead of reinvesting all the cash the business generates into real estate, we're going to reinvest all the cash into insurance.”
Ackman aims to build Howard Hughes from $4B to $1T market cap
“The company's got like a four billion dollar market cap, and the goal is to build it into a trillion dollar thing over time.”
Ackman: A higher stock price increases a company's underlying value
“The fascinating thing about liquidity and valuation is The higher a stock price goes, and it's gonna sound sort of intuitive, but it's not, the more valuable the company becomes. You know, there's actually the increase in value of the company increases the val…”
Ackman: Elon Musk's army of online followers enabled Tesla to be built
“He builds an army of believers and followers that enabled Tesla to be built,”
Ackman: I know almost every S&P 500 CEO directly or once removed
“I know pretty much every CEO in the S&P, either directly or one person removed”
Ackman: The best investments require no board seat or intervention
“The best investments are one where you don't need to join the board and do anything.”
Ackman: High-priced niche software companies face severe AI disruption risk
“I think there have been sort of monopolistic type profit taking off of customers. When someone had a kind of a niche software product, they're charging, you know, 30,000 a year or something like this. I think those companies are really at risk.”
Ackman: Amazon will have to become an even bigger SpaceX customer
“Even Amazon is going to have to become an even bigger customer because they're not, you know, Blue Origins, you know”
Ackman: Viral March 2020 CNBC interview was intended to reach Trump
“I was concerned about the country because I felt we needed to have a, basically a two-week pause. You know, this is March of or February. I guess it was March. And I assumed we were going to just do a short-term shutdown, let the virus cool down, as hospitals …”