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 1 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
Grantham: The AI bubble will break, led down by Nvidia
“This is exactly where you'd expect the bubble to break, and you would expect, other things being even, that it will be let down by NVIDIA, followed closely by the other giants.”
Jain: Nvidia invested in over 50 of its own customers recently
“NVIDIA invests in over 50 plus of their customers in the last six, nine months.”
Sacerdote: Whale Rock bought Nvidia in January 2023 at 4x forward earnings
“And similarly, we loaded up on NVIDIA right after ChatGPT in January, 20, 23. We were buying NVIDIA at four times the earnings they're going to do this year.”
Tangen: NVIDIA CEO Jensen Huang works from 5 AM until bedtime
“And I asked Jensen Huang of NVIDIA, how much do you work?
And he said, Nikolai, there is hard work, and then there is insanely hard work.
So I said, where are you?
I work insanely hard.
I work from five in the morning until I go to bed.
I work every day.
I wor…”
Mahr: ChatGPT stock backtests are untrustworthy due to look-ahead bias
“When you're running a back test through the better part of the last decade, ChatGPT knows that Nvidia became a multi-trillion dollar company. ChatGPT knows what the mega trends were in the economy and the market over those timeframes. It's not realistic to tru…”
Seetharam: Stockbridge passes on Nvidia because it sits outside its competence
“While let's say a company like NVIDIA is an extraordinary business by all accounts and one we've looked at, we just don't think we would be a great owner of that business at this point in time. Because while I can tell you all the great things about NVIDIA, I …”
Netscape, TiVo, and Nvidia share Silicon Graphics technology heritage
“A lot of companies like Netscape, TiVo, like all this, like digital recording, all these are SGI technologies. And it's so funny that then permeated to other companies like Nvidia. So many of these companies have Silicon graphics heritage.”