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 3 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
Dorsey: Dorsey Passed on CoStar Due to CEO Stock Sales and Misalignment
“The CEO in that case was successful, but for a founder, he largely had sold stock along the way, so he didn't retain a large ownership stake in the company. If all that spend and competing with Zillow didn't work out, shareholders were probably going to suffer…”
Zook predicts Opendoor will completely dominate iBuying after Zillow's market exit
“Opendoor, we thought it was going to be Coke and Pepsi, and now it's just going to be Coke and Coke.”
Sandler: Quantitative models create mispricings because they cannot look forward
“What quants can't do is look forward, and how things will change over time, and so you learn the power of it, but also the blind spots, and so they can't see what next two, three quarters are gonna be, and so that led me to a conclusion where Zillow and Uber, …”