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 11 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
Tiny avoids capital-intensive sectors to focus on predictable businesses
“Now I really focus on businesses where I think that I can predict the outcome where, with reasonable certainty, and I'm not having to compete with the venture folks. So I don't want to get into AI and drones and, you know, vaccines. I don't want to get into ar…”
Wilkinson refuses to raise another fund to avoid managing outside capital
“Owing people things or letting anyone down, and so I don't know that I'll raise another fund. All of our investors have been wonderful. We've had no issues. People have been very supportive. We've done good deals. They're all probably going to make a lot of mo…”
Wilkinson spent $60,000 on a charity lunch to diligence Bill Ackman
“What I ended up doing is I spent 60,000 dollars bidding on a charity lunch where I'm like, okay, I get to donate charity. I get to meet this interesting guy. And my plan was that if he was an asshole, I would sell all of it as soon as we got out. And if I like…”
Wilkinson did a month-long digital detox after experiencing severe anhedonia
“I put my phone in a drawer. I went up to, we have a lake house up at Seanigan Lake about 30 minutes away, and I didn't touch my phone, email, music, podcast, anything for about a month”
Wilkinson lost $10 million trying to compete against venture-backed Asana
“And I ended up losing ten million dollars doing that.”
Wilkinson has reinvested 80 to 90 percent of his earnings long-term
“I've been taking basically 80 or 90% of every cent I make and reinvesting it for a very long time”
Wilkinson netted over $10 million selling his first business in 2013
“What ended up happening was in 2013, I sold my first business. I was kind of burnt out. And a friend of mine just said, Hey, look, why don't you just sell one, take some money off the table de-risk a little bit. And so I did that. And suddenly I had, you know,…”
Bill Ackman's Pershing Square Holdings is Wilkinson's only public market holding
“So basically Bill is my only public holding. So that's my kind of backup retirement plan. I just keep stocking my money in Pershing and let Bill handle the public investing”
Wilkinson gives his wife his Screen Time passcode to restrict usage
“What I have had to do in my personal life is turn on screen time on my phone and give my wife the passcode, not have ice cream in the house, you know, all those things. Treat myself like a, you know, alcoholic or something when it comes to these stimulus devic…”