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
Kotak: Top HBS career targets shifted from finance to tech and entrepreneurship
“I graduated six years ago, and it had already started to change... Entrepreneurship software product management.”
Jay Kotak: The world will not run out of jobs due to technology
“I actually don't think either we're going to run out of jobs because I think that for every job that gets taken away, new jobs are coming and it's been happening for the past 150 years.”
Jay Kotak: Full capital convertibility risks capital flight triggered by Fed actions
“If you open up completely, you also become mercy even more to something the Fed may do. That is really silly. That causes violent capital flight. That was nothing to do with you.”
Kotak: Work-life balance functions as multi-year cycles rather than daily routines
“Say for a two, three, five year period, it may not be consecutive here and there. If you feel something about a certain way, if you feel like you're creating something, you're having an exciting time, whether it be professionally, personally, anything, then go…”
Kotak: Kotak 811 Opens 600,000 Accounts Monthly, 70-75% of Bank Total
“We do around six lakh accounts a month. So we will take 20,000 odd a day, which is considerable. So eight, one now contributes 70, 70 to 75% of the total accounts that Kotak opens.”
Kotak: Kotak Is the Only Large Indian Bank Offering Zero-Balance Accounts
“We are the only large bank in India to offer a bank account with zero minimum balance, which is very compelling for most of India that does not have 10,000 rupees.”
Jay Kotak: Debt-free elite schooling creates a compounding unfair advantage
“Having a head start from being born in what was, when I was much younger, I was, you know, we were not very affluent, but still, you know, privileged parents that value your education, being able to send you to an American school and not have to worry about sc…”