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 7 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: Expect a significant culling of both VCs and startups
“And the hit rate is probably going to be much lower now, and there's going to be a significant calling of both VCs and startups because The stories got ridiculous”
Housel: Financial media forecasting success rate is near zero
“The majority of the financial media was based around forecasts and trying to predict what's going to happen next. And the success rate of it was near zero.”
Housel: AI transforming society completely may take 10 to 20 years
“It would not be shocking at all if yes, this is like, this is what's going to completely transform the future. But when I say the future, it might mean 10 or 20 years from now. Now things are moving so ridiculously fast. I don't know if you've played with Clau…”
Housel: Microsoft would not exist without Gates attending a computer-equipped high school
“Bill Gates went to the only high school in America that had a computer by his own saying there would be no Microsoft if he didn't happen to go to this one specific school.”
Housel: Early automobiles were inferior to horses in every way
“When the automobile came out, it was inferior to the horse in every way when it came out. It was less reliable. It was slower. It was dirtier. It could go fewer places.”
Housel: The VC market flush out will probably continue for a couple of years
“The cost of success is what you're dealing with right now. And we'll probably continue dealing with for the next couple of years. Like this kind of like flush out.”
Housel: 'The Psychology of Money' grew from 5,000 print run to 5M+ copies sold
“The first print run of Psychology of Money was 5000 copies. And we did it because that's what we thought it was. If we sold 5000 copies, we would have been stoked. Like the book industry is not, it's not easy to get people to pay 25 dollars for a piece of cont…”