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
Public liquid asset returns often match or beat venture capital
“There's all kinds of academic studies that the returns are that are very comparable to the private equity venture in many cases, even better.”
Founders should avoid semi-passive real estate to protect human capital
“If you're doing it as kind of a semi-passive, semi-active investment, I would suggest you shouldn't do that. It's going to take a fair amount of your time. Your time is the most valuable asset, the human capital that you have.”
Business owners constitute 90% of US households with over $25M
“And what we found was that of those households that had over a million of financial assets, one third were business owners. And then if we did the cut at five million of financial assets, they were three out of four were business owners. And if we did it at tw…”