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 9 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
Ray Dalio predicted an economic crash virtually every year since the 1980s
“What we found was nonstop since the 19 eighties, Ray Dalio has been predicting economic calamity. Every, virtually every single year he has predicted a giant crash.”
Internal HR memos warned Ray Dalio of continuous employee fear at Bridgewater
“I went and I got the internal HR emails. I got their own memos, people telling Ray, this is a self Defeating loop. That people are scared that at any moment they may be fired. And the real scary thing for me about Ray Dalio and Bridgewater is that he knew, he …”
Adam Grant became a paid consultant after praising Dalio's management methods
“Adam Grant, very, very famous organizational psychologist, Wharton professor, writes bestselling books. He goes in and he sees Ray Dalio and he witnesses this and he writes that it's based in it. He devotes a whole chapter of his book to it and he writes that …”
Bridgewater threatened journalist Rob Copeland with multiple lawsuits over his reporting
“Bridgewater has threatened me with many, many lawsuits, and I'd like to you know, keep my one bedroom apartment”
Bridgewater's main fund lagged market performance for over a decade after 2010
“Bridgewater's main fund, it just kept doing poorly for years upon years since from the end of two, 20 10, almost uninterrupted for a decade and more. It was just falling so far behind. The markets.”
Ray Dalio called Rob Copeland's bosses claiming he was a bitter reject
“He started attacking me, calling my bosses, saying I was a disaffected person who couldn't make the cut there.”
Bridgewater uses the internal euphemism 'sorting out' instead of firing employees
“Literally, if you don't have high enough ratings in certain categories, you will get what Bridgewater calls sorted, sorted out. They don't call it getting fired. They call it sorting you.”
Bridgewater's radical transparency required recording every meeting for employees to review
“So for instance, any meeting at Bridgewater should be taped and anyone should be able to listen into it and to weigh in on it later.”
Coinbase trialed Dalio's Dot Collector software but dropped it due to unpopularity
“So he was successful with Coinbase. I don't know exactly how, but he got Coinbase to do a trial program where they brought the dot collector to Coinbase. And spoiler alert, the reaction among Coinbase employees was quite poor. And when reporters asked Coinbase…”