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 12 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
Sarin: As A Wealth Firm Founder, I Closed My Personal Demat Account
“And I closed my DMAT account and for long, I don't even have a DMAT account.”
Sarin: Client Associates Is Not Investing In AI Due To Market Haziness
“Not participating because I think it's very hazy at this point in time.”
Sarin: Wealth Management Requires Owner-Driven Bootstrapping To Maintain Fiduciary Independence
“It's only in an owner-driven organic setup like ours, you have the independence to do the right thing for the business, and for the business, when I say it's for two stakeholders, right things for two stakeholders. One is the customer, and second is people who…”
Sarin: Retail trading resembles gambling where only platforms consistently profit
“In trading, it's only the platform which makes money. Most investors, most traders don't make money, right? So it's like in gambling, the house is always in the money because it's always taking, you know, a fraction of using a toll or a user charge for using t…”
Sarin: SEBI Data Shows 90% Of Retail Indians Lose In Derivatives
“And that's the reason I think somewhere last time, last year, Sevi also shared data that In derivatives, about 90% of Indians are losing money. Institutions are making, making profits at their expense.”
Sarin: Azim Premji Established India's First Family Office In 2006
“Those were really early days because Mr. Premji and I remember this very distinctly was the first Indian to set up his own family office in 2006, which was four years after we started and introduced the concept in India.”
Sarin: Ultra-HNIs Spend On Needs While The Newly Affluent Spend On Wants
“They largely spend their money on their needs and not wants. Whereas people who are just getting there, you know, they're getting into affluence, you know, they're the first time they brush and they want to really Express their aspiration”
Sarin: Client Associates launched in 2002 as India's first multi-family office
“In fact, when we started in 2002, we pioneered the concept by launching ourselves as India's first multifamily office.”
Sarin: Dollar millionaires make up roughly 0.3% of Indian households
“They just constitute about .3% of India's, you know, overall number of households. So the clients that we work for would be clearly are less than half a percent of India.”
Sarin: Launched Client Associates Using An ₹8,000 Auctioned Deutsche Bank Desktop
“We just picked up a computer which was being auctioned by Deutsche Bank, the older computer. And I still remember that we won one computer for 8000 rupees. It was a desktop at that point in time. And that was a machine to be in business.”