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.

clear all ✕

why aren't all 6 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

Assertion Partly supported
Siegel: Total global forest cover is actually increasing, not decreasing
“And the amount of forest in the world is going up, not down.”
Larry Siegel May 11, 2020 ▶ 53:33 Laurence Siegel – Current Myths and Long-Term Optimism (Capital Allocators, EP.137)
Assertion Supported
Siegel: Half of the world's population is now middle class
“For the first time in history, half of the world's population is middle class. By the standards of the World Bank.”
Larry Siegel May 11, 2020 ▶ 50:48 Laurence Siegel – Current Myths and Long-Term Optimism (Capital Allocators, EP.137)
Assertion Supported
Siegel: Ford Foundation outperformed mostly via high equity allocation, not manager selection
“I think we did over the very long run, but most of that was by having more equities than the average foundation in a period when equities went up tremendously.”
Larry Siegel May 11, 2020 ▶ 8:07 Laurence Siegel – Current Myths and Long-Term Optimism (Capital Allocators, EP.137)
Prediction Held up
Siegel accurately predicts COVID-19 will become an ongoing managed condition
“We'll get this under control, it'll be a new virus that we deal with on a, an ongoing basis, like the flu, or SARS, or MERS, or AIDS, or polio. There will be a vaccine, there may be a cure, and we'll move on to the next crisis.”
Larry Siegel May 11, 2020 ▶ 43:21 Laurence Siegel – Current Myths and Long-Term Optimism (Capital Allocators, EP.137)
Assertion Partly supported
Siegel: Global GDP per capita today matches the US in 1949
“The world GDP per capita in purchasing power terms is around 16 to 18,000 dollars. That's what the United States was in 1949 when we were unquestionably a first world country.”
Larry Siegel May 11, 2020 ▶ 51:04 Laurence Siegel – Current Myths and Long-Term Optimism (Capital Allocators, EP.137)
Assertion Supported
Siegel: Top 20 non-US countries roughly equal the US in market cap
“If you add up the next 20 countries, Japan, Hong Kong, France, India, Canada, the UK, and so forth, you get to 30 trillion dollars, almost exactly the same as the United States.”
Larry Siegel May 11, 2020 ▶ 22:24 Laurence Siegel – Current Myths and Long-Term Optimism (Capital Allocators, EP.137)
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