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 2 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
McLean: Valeant's Pearson Weaponized 'Micro Truths' About Drug Profit Growth
“So Mike Pearson, right, had that argument, I'm gonna get it slightly wrong, but he said that most of Valiant's profit growth was not coming from increasing prices on drugs, it was coming from volume. And that turned out to be true if you looked at only their t…”
McLean: Unlike Enron, Valeant attracted smart money like Sequoia and Bill Ackman
“With Enron, when you got to what was commonly considered the smart money, people either weren't invested in Enron, or they were short. And it was largely long-only funds and index funds, and what we think of in terrible terms, but the dumb money that was inves…”