Opinion
Langone: Taxing the ultra-wealthy alone cannot solve the US deficit
“You don't solve the problem unless you hit the little guy, because there's billions of them and there's hundreds of us.”
Assertion Partly supported
Langone: Every Harlem Children's Zone Student Has Graduated and Attended College
“And now, every single kid that's going to our school has graduated from our school.
Every one of those kids has gone on to college.”
Disclosure
Langone: Receiving $3,600 monthly Social Security checks proves system is flawed
“I have a charming life with everything I could imagine a human being could want. And I get a check from the government every month for 3600 dollars. Something's wrong with that system.”
Prediction Open · timeframe Dec 2030
Langone: Eli Lilly's Mounjaro will exceed $30B annually by 2030
“Well, I think that Mangiorno, probably by 2030, the pundits say,
Probably will be over thirty billion dollars a year, well over thirty billion.”
Opinion
Langone: Eli Lilly's GLP-1 molecule is far more beneficial than Novo Nordisk's
“Lily, I think, the profile on a Lily molecule, molecule is far more beneficial than the Novo, but Novo's got a great product, too.”
Assertion Not checkable as stated
Langone: 3,000 Home Depot Cart Pushers Became Multimillionaires
“We have 3000 people That started pushing carts in from the lot. That's about as low entry level as you get. That are multimillionaires today. And by the way. Most of them are still working here.”
Assertion Not publicly verifiable
Langone: NYSE Board's Spitzer Defense Totaled $90 Million Covered by Insurance
“My bill was twenty-three million dollars, my legal bill. Rosso's was 27. And all the other directors was 40, ninety million dollars, the insurance.”
Prediction Open · timeframe Dec 2030
Langone: America faces a 110,000 doctor shortage in three specialties by 2030.
“Joe, in the year 2030. That's six years. Yep. America's gonna be short. 50,000 primary care physicians. 30,000 pediatricians and 30,000 OBGYN. Going to be short, a 110,000 doctors in just those specialties.”
Insight
Langone: Pass/Fail Grading Hurts Top Medical Students in Residency Matching
“When these kids go out for the match where they could do their specialty in residencies, if all the committee sees whoever they'll be in considered pass or fail, The only safe assumption to make it passes at the lower end of the rung. ... It hurts the best kid…”
Assertion Supported
Langone: US spends more on national debt interest than military defense
“Today, Joe, we spend more money to service the debt. We spend interest alone a trillion dollars. That's more than we spend on our military to defend us and protect us.”
Assertion Open · timeframe Jul 2024
Langone: Significant wage increases caused Home Depot's attrition rate to plunge
“Last year we initiated significant pay increases for the hourlies. Our attrition rate has plunged.”
Assertion Contradicted
Langone: Harlem Children's Zone Receives $27K-$28K Per Student from New York
“I think we get 27, HCZ gets 27 or 28,000 dollars per student from the state of New York.”
Disclosure
Langone: Average stock holding period is 42 years
“My average holding is 42 years.”
Disclosure
Langone Evaluates Job Candidates by Observing How They Treat Restaurant Waitstaff
“To this day, Joe, one of the things I love to do if I'm being asked to evaluate somebody for a job at one of the companies, I like to take them to a meal. I love to watch how they interact with a waiter or the busboy.”
Assertion Partly supported
Langone: Home Depot Compounded at 27% Annually From $50M IPO
“When we went public, we had a fifty million dollar capitalization. 50, that's all. Last year, we had a four hundred billion dollar. Market cap. Do the math, Joe. It's 27% compounded annually.”
Assertion Not checkable as stated
Langone: A single Long Island Home Depot generates $100M in annual revenue
“A store, Home Depot store in Long Island has a hundred million dollar a year revenue, one store. He's got 250 people working for him in that store.”
Assertion Partly supported
Langone: Home Depot grew from $2M founding capital to 500k employees
“Bernie, Arthur, and I, and Pat Farah, four of us, with two million dollars in capital, Today we have a half a million associates.”
