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 14 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
Sanchez: Reese Witherspoon's net worth is an order of magnitude higher than Brad Pitt's
“Reese Witherspoon is worth more than Brad Pitt at an order of magnitude.”
Most of the world's richest people built wealth through acquisitions
“Most of the richest people in the world Are there through acquisitions? Some version of buying and selling small companies or private equity deals.”
Codie Sanchez predicts a double-dip recession with rising inflation
“Well, I think we're in the first part of a recession. That'll probably be a double-dip recession and we'll actually see inflation come back up again. That's my assertion.”
Sanchez predicts Dwayne Johnson's tequila earns less than Witherspoon's media company
“The Rock will probably make less money on Terra Mana than Reese Witherspoon did on Hello Sunshine.”
Sanchez: Conglomerates own 25% of US local businesses and stores
“25% of construction stores, grocery stores, coffee shops, just about everything you can think of in the US is owned by giant conglomerates.”
Sanchez estimates slime creator Peachy Babies generates $200K per week
“I did, like, some rough calculations and ascertained she probably makes about 200 K a week, and I was like, this is ridiculous.”
Sitting next to underperformers cuts individual performance by 30%
“It was basically this research showing that if you sit next to top performers, they increase your performance by on average, 15% as evidenced by a big study across multiple Years and hundreds of employees. And if you sit next to an underperformer, they decreas…”
Sanchez's portfolio of 24 small businesses generates $50 million in revenue
“Well, they do about fifty million in revenue.”
Sanchez: Media business will eventually overtake portfolio cash flow
“Still the boring businesses, but I'm, if we keep it this trajectory and I don't buy more boring businesses, the media company will definitely take over at some point.”
Sanchez: Small business market will trend downward over 6 to 12 months
“I'd probably wait another six or 12 months and see what goes down. I'd like to spend a bunch of time learning about this stuff that I think is going to be super impacted. So for me, it would be like, I would learn deal making. I would learn to buy boring busin…”
Codie Sanchez: Almost no cannabis companies actually own their real estate
“We used to do that a ton in cannabis, like pretty much no cannabis company owns their land. They had to buy the land because nobody would Lease to them, and then they do a sale lease back back to a third party that would do it.”
Sanchez: MrBeast's Feastables is now a $100M company
“The Feastables, the chocolates or whatever that Mr. Beast has done, when they originally told me about that, I was like, oh God, that's an awful business. Who eats like a whole chocolate bar anyway? And now it's like a hundred million dollar company, which is …”