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 5 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 Supported
Liow: Only 3% of $1B+ stocks compound at 20%+ over rolling decades
“And what I found is about 14% of securities above a billion dollars in market cap could do it. This was in the prior 26 years. And only three percent of securities could do it for 10 year rolling periods.”
Yen Liow Apr 12, 2021 ▶ 13:36 Yen Liow - The Quest for the Right Tail at Aravt Global (Capital Allocators, EP.188)
Assertion Contradicted
Liow: 20% equity market drawdowns occur about 5% of the time
“The base rate of a 20% drawdown in markets is about five percent of time.”
Yen Liow Apr 12, 2021 ▶ 43:51 Yen Liow - The Quest for the Right Tail at Aravt Global (Capital Allocators, EP.188)
Assertion Supported
Liow: US government transferred $630B in excess payments before Biden stimulus
“The government transferred six hundred and thirty billion dollars of excess payments To cover off lost wages. It covered it by an extra six hundred and thirty billion before the Biden 1.9 trillion dollar stimulus.”
Yen Liow Apr 12, 2021 ▶ 1:07:05 Yen Liow - The Quest for the Right Tail at Aravt Global (Capital Allocators, EP.188)
Assertion Supported
Liow: Retail accounts for 20% of traded volume, doubling since 2019
“So retail is 20% of traded volume right now. It's double what it was in 2019.”
Yen Liow Apr 12, 2021 ▶ 1:04:47 Yen Liow - The Quest for the Right Tail at Aravt Global (Capital Allocators, EP.188)
Assertion Supported
Liow: 68% of COVID job losses were low-wage, unlike the GFC
“68% of all jobs that are lost is low end wage versus 50% that was middle class in GFC.”
Yen Liow Apr 12, 2021 ▶ 1:06:57 Yen Liow - The Quest for the Right Tail at Aravt Global (Capital Allocators, EP.188)
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