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.

clear all ✕

why aren't all 6 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

Prediction Not checkable as stated
Howard Marks predicted SaaS models would inevitably transform into ICOs
“You know, for them, the SaaS business is probably the only way a software model is going to work, but it's going to transform itself into the ICO model, which is the blockchain, because it's the logical progression, you know, internet, one point O internet, tw…”
Howard Marks Aug 5, 2018 ▶ 17:55 1107 Activision Blizzard CEO: ICO's are Just Like Selling Digital Swords in Mortal Combat!
Assertion Supported
Howard Marks offered just $100,000 to buy Acclaim out of bankruptcy
“I offered a 100,000 dollars to buy the whole company and people were laughing at me. The trustee laughed at me, everybody. It turns out.”
Howard Marks Aug 5, 2018 ▶ 9:23 1107 Activision Blizzard CEO: ICO's are Just Like Selling Digital Swords in Mortal Combat!
Assertion Contradicted
Acclaim went bankrupt because their auditor fired them
“They couldn't file their public statements or publicly traded company. They, their auditor fired them and they couldn't file anymore.”
Howard Marks Aug 5, 2018 ▶ 10:20 1107 Activision Blizzard CEO: ICO's are Just Like Selling Digital Swords in Mortal Combat!
Assertion Contradicted
Activision had $40M in revenue and $60M in losses in 1991
“They had about 60, they had about forty million In revenue with sixty million of losses. It's called negative, negative revenue, which means the cost of making those cartridges at that time cost them more than what they sold it for.”
Howard Marks Aug 5, 2018 ▶ 5:16 1107 Activision Blizzard CEO: ICO's are Just Like Selling Digital Swords in Mortal Combat!
Assertion Supported
CD-ROMs cost 50 cents to manufacture versus $30 for cartridges
“And it cost 50 cents to make the CD, where the cartridge cost 20, 30 dollars.”
Howard Marks Aug 5, 2018 ▶ 11:47 1107 Activision Blizzard CEO: ICO's are Just Like Selling Digital Swords in Mortal Combat!
Assertion Not checkable as stated
Steve Jobs tried to acquire Howard Marks's startup when he was 20
“Well, I met Steve Jobs when I was 20 years old at Apple, because he wanted to buy my company.”
Howard Marks Aug 5, 2018 ▶ 19:08 1107 Activision Blizzard CEO: ICO's are Just Like Selling Digital Swords in Mortal Combat!
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