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 56 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
Gerstner: Microsoft, Amazon, Nvidia, and Google invested $25B in VC in 2023
“We go from almost no venture capital investing, you know, out of these folks six or seven years ago to all of a sudden this twenty five billion dollars last year in VC investing”
Gerstner: Tech trades at 36% premium to 10-year average while software lags
“The blue line represents tech. This is the Q's. We're trading at about a 36% premium to the ten-year average. I just showed you software. Software is still trading at a discount because people are more skeptical of software, but when you look at the Q's, Nvidi…”
Gerstner: NVIDIA's CUDA library has over 300 industry-specific acceleration algorithms
“The CUDA library now has over 300 industry specific acceleration algorithms, right? Where they deeply learn the industry, right? So whether this is synthetic biology or this is image generation, or this is autonomous driving, they learn the needs of that indus…”
Gerstner: Nvidia Consensus Data Center Revenue Is $136B in 2024, $166B in 2025
“So this year they're expected to do about a hundred and thirty six billion of data center revenues. Next year, that goes to a hundred and sixty six billion.”
Gerstner: Big Tech Earnings Are Up 38% Over the Past 12 Months
“So if you look at it for Microsoft, NVIDIA, Amazon, Google, Meta, earnings are up 38% over the last 12 months.”
Gerstner: Nvidia and Magnificent Six drove 10% of S&P's 14% return
“So far this year, NVIDIA is responsible for five percent of the S&P 500 returns. The other MAG six are responsible for five percent, and then the other 493 companies in the S&P 500 are responsible for four percent of the 14% year to date returns.”
Gerstner: Tech stock gains in early 2024 are concentrated in Meta and Nvidia
“Meta, Nvidia up 30, 40% even with the pullback that we had today. But the truth is the Nasdaq hasn't really moved that much. I mean, I think we're up three or four percent through today. If you look at the median stock, I think it's up about one percent.”
Gerstner: Google trades at the lowest P/E and growth rate among MANG peers
“This is the 23 through 25 expected growth rates. 14% for Microsoft, 12% for Amazon. 42% for NVIDIA and 11% for Google. So Google's already expected out of those four to be growing at the slowest rate. But then what's interesting, if you come down here, To the …”