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 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
Schwarzman: Blackstone's investing makes about double the stock market
“We've just become more popular because the type of investing we do makes about double the stock market.”
Schwarzman: Hilton buyout made $12B, the largest profit in PE history
“And that deal turned out to be the biggest profit in private equity history. And I just read some articles somebody wrote which makes you wonder who said we were completely irresponsible doing that because journalists can say anything they feel like. But that …”
Schwarzman: Blackstone flipped $70B in real estate in one month
“So, so we bought and sold seventy billion dollars of properties in one month. The most anybody ever had sold in a year was like bought and sold 10.”
Simmer: Diagnosed With Stage Three Cancer Right After Bumble's Blackstone Acquisition
“So in May of I was diagnosed with stage three breast cancer. I didn't have a family history. I had no reason to suspect that I would have it, and so it was very blindsiding, and this was shortly after Bumble had been acquired by Blackstone.”
Schwarzman: Financial stocks fell 85% in 2008 crisis while Blackstone fell 90%
“The average stock of a financial company, bank, money manager, didn't matter, during the financial crisis went down 85%.
So if you've ever been involved with something that went down 85%,
You would not be a particularly happy Kemper.
Blackstone's always been a…”
Schwarzman: Blackstone launched with $400,000 and a $50,000 fee from Squibb
“I remember when we got our first assignment, that was from Squibb, which was a pharmaceutical company for 50,000 dollars, which was less than the smallest legal bill I had ever gotten on a transaction. But 50,000 dollars, we started with 400,000 total capital.…”