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
Galbraith: Value vs momentum return divergence matches dot-com bubble levels
“So if you look at the factor returns to value versus the factor returns momentum, they're about as divergent as they've been since the tech bubble.”
Galbraith: Families earning under $40,000 pay nothing to attend Yale
“So people making between zero and 40,000 actually pay nothing to go to Yale, right?”
Galbraith: All 17 students in Success Academy's inaugural graduating class gained college admission
“This is our first graduating class of success. It's 17 kids, so I got involved 10 years ago. That seventeen's gonna be 5205 hundred within five years. All 17 got into college.”
Narragansett Beer's revenue grew from $87,000 to $15 million under new ownership
“We, when we bought the business, when it was originally bought, It went from, as I said, current dollars of a billion had 87,000 dollars in revenue. I mean, it's just amazing. And today we're up to about fifteen million.”
Morgan Stanley fell from 4x book value in 2000 to 0.5x
“I picked up the broker dealers in 99, 98, 99, when they were all the IP ago, you know, and I joined Morgan Stanley when it was trading at about four times book value. And as we well know, it went to, I think it troughed at .5 a book.”