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 13 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
Housel: Historical Dow components outperformed rebalanced index over 100 years
“If you were to look at the Dow, I think one of the studies showed over the last hundred years, if rather than adding a new company, when one of the original components went out of business or merged, if you just left it alone, don't add anything else. Don't ta…”
Housel: Lower income brackets experienced the fastest wage growth recently
“Now, just in the last three or four years, there's been a huge growth. The segment of society whose incomes have grown the most tends to be the lower. Incomes. We're still kind of attached to this narrative of the rich get richer and the poor get poorer. But i…”
Housel: Tokyo Maintains Affordable Housing Through Continuous High-Volume Construction
“Tokyo, gigantic city. Bigger than the city you and I are in right now in New York. Very affordable housing, relatively. Because they build. They build and build and build and build.”
Housel: Earning Average Market Returns for 50 Years Beats 97% of Investors
“And the idea that let's say if I can be average for 50 years, I'll end up in the top Three percent of investors. That's probably about where it'll be. Historically has been the case that I will outperform 97% of people who tried to beat the market. Maybe it's …”
Housel: Buffett flies private and owned beachfront property despite frugal reputation
“Buffer lives in the same house he bought when he was 26. Yes, but he also flies a private jet and had a beautiful beachfront house in Laguna Beach. These guys are not living like paupers over time.”
Housel: Real US home prices were flat from 1940s through 1990s
“Robert Schiller of Yale did a lot of analysis on this, tracking U.S. Home prices since the 1800. And in real terms, from probably the 19 forties through the 19 nineties were flat as a pancake on average across the United States.”
Housel: Real US home prices exceed 2006 housing bubble peak
“And real home prices in the U.S., I'm sure it's the same in Canada. Are much higher today than they were at the peak of the bubble in 2006 on average.”
Housel: David Senra says Ed Thorpe is the only founder whose life he would want
“Our friend David Senra, who runs the podcast Founders, has profiled, I think now, probably 350 Founders over time. And he says, I don't want to put two, don't want to put words in his mouth. I'm pretty sure he said the only founder that he has ever read their …”
Housel: The Psychology of Money Has Sold Roughly 10 Million Copies
“My first book, Psychology of Money, first print runs, 5000 copies, ends up selling about ten million and counting kind of thing.”
Housel: Americans spend roughly $100 billion annually on lottery tickets
“In America, we spend something like a hundred billion dollars a year on lottery tickets.”
Housel: Americans Spend Roughly $100B Annually on Lottery Tickets
“In America, we spend something like a hundred billion dollars a year on lottery tickets.”
Housel: Kindle data shows average readers finish only 25% of bestsellers
“There was a mathematician who looked at Kindle highlight data, and he used highlights as a proxy for how far people make it in a book. And the assumption was when people stop highlighting in Kindle, they probably stopped reading. And he showed that even among …”