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 4 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
Mobius: Saving cash and strictly avoiding debt is key to wealth
“One of the secrets I believe to becoming wealthy is learning how to save and not borrowing. I remember my father and mother always said, never borrow. If you're going to buy something earn the cash, save, and then buy, but don't borrow.”
Mobius: Creativity matters more than studying finance to build wealth
“Creativity is a, really a critical part of earning money because If you're going to be successful in finance, you have to be creative. You have to be able to think of new things. You have to create new ideas. And so that background in art, you know, a lot of p…”
Mobius: Stocks should be the primary component of an investment portfolio
“But the first and foremost in your portfolio should be stocks. You can have bonds, you can have property, you can have gold, you can have many other investment objects, but the primary part of your portfolio should be stocks.”
Investors should cap startup and private market allocations at 10% to 15%
“I would say maybe 10 or 15% at most because startups, if you look at the history of startups one out of 10 succeed. So your chances of success are much less than if you go into the stock market and look at companies that already have a proven record of success…”