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 7 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
Carlyle, Hg Capital, and SoftBank Used NAV Loans for Distributions
“Carlyle, HG Capital, and SoftBank reportedly used NAV loans to distribute capital this year.”
Seides: Research shows active managers buy well but sell terribly
“I think there's a research study this past year that showed that generally speaking, active managers are quite good at buying securities. They're just really lousy at selling them.”
Seides: Hedge funds were up 50% early in the wager against Buffett
“You go about a year and a half into the bet. And I think the hedge funds were up at one point about 50%.”
Seides: S&P 10-year return was historically anomalous given starting Shiller P/E
“In fact, I think from this starting Shiller PE valuation from nine and a half years ago, this was the best, if not one of the best tenure periods ever.”
Seides: Arctos Sports Partners Will Close at $1.5B in Few Months
“So they'll be closing. I think of it about a billion and a half in a few months.”
Seides: D.E. Shaw raised fees to 3-and-30 to restrain fund asset size
“D E Shaw earlier this year, I don't remember the exact numbers, but I think they went from two and a half and 25 to three and 30. And it was a mechanism that they were trying to use so that their clients could self-select. They wanted to restrain their asset s…”