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 86 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
Musk: X has not suspended or de-amplified any left-wing voices
“So what I've tried to do is just restore it to be balanced and centrist. So there haven't been any left-wing voices that have been suspended or, you know, banned or de-amplified or anything like that.”
Mazumdar-Shaw: Vijay Mallya has paid back everything he owed
“Well, he's paid back everything he owed. So I don't understand why he's still being targeted.”
Sharma: India will never sustain an annual GDP growth rate above 6%
“And therefore we'll never grow at a rate of more than six percent on a sustained basis has been my view for a very long period of time.”
Khosla: The vast majority of crypto use cases are illegal
“So the vast majority of uses of crypto are illegal stuff. Gun trades, drug trades sex trafficking. Arms trades. It's the worst use of crypto.”
Al Olama: Dubai has no oil revenue and balances budgets through diversification
“A city like Dubai has no oil revenue, right? So Dubai has creative ways of Balancing its budgets, of making investments, of growing as an economy”
Deshpande: TikTok's Chinese sister app Douyin accounts for 40% of retail
“Doyen, which is TikTok, is 40% of retail.”
Sharma predicts large caps will outperform small and mid caps for the foreseeable future
“One of my big top trends was this, that I expect much more that the large caps to outperform small to mid caps for the small caps for at least the foreseeable future.”
Sharma: Poland is likely the next emerging market to achieve developed status
“And so the next country to become a developed country likely is going to be Poland.”
Arora: Every major AI model outside China is in the Bay Area
“Every AI model that is being built with a reason, except perhaps in China, is headquartered here.”
Aravind Srinivas: Google is the only company full-stack independent of Nvidia
“The only one who's managed to do this, I would say, is Google. They built their own chips, they built their own software around it called JAX, and then they built their own accelerated linear algebra library called XLA. And then, you know, they have their own …”
Chouksey: All Shilajit research studies are corporate-funded by PrimaVie
“All Shilajit studies are funded by the company that makes Shilajit formulation, Prima V.”
Chouksey: Indian whey protein brands only import and rebrand raw material
“Because even if we talk about whey protein, it's not that we have whey protein companies in India, you know, like besides Amul, I don't think they're just importing. We are importing everything. And when it comes to whey protein, we're just mixing stuff, label…”
Nilekani: ONDC processes twelve billion transactions per month
“And ONDC today does twelve billion transactions a month.”
Mehta: Ather has the world's largest electric two-wheeler R&D team
“Yes, that's why I said it's the world's largest R&D for two wheelers, electric two wheelers.”
Amlani: Cloud Kitchen Mortality Rates Are Twice as High as Restaurants
“For the average, if what you think it mortality rates in the restaurant businesses are high, the mortality rates in the cloud kitchen business are twice as high because you, the data which we've seen, I said. 5000 restaurants a month are going off platforms.”
Biyani: 30 million households drive 60% of India's total consumption
“The 30 million, what do you call, three crore households in this country, are basically contributing to 60% of India's consumption.”
Nithin Kamath: The world's first trillionaire will emerge from climate solutions
“I think the first trillionaire on this planet will be someone solving for climate problem.”
Munjal: Tier-2 and tier-3 Indian engineering colleges have 2-10% placement rates
“What about the 97%? They go into these engineering colleges in, let's say tier two, tier three cities. Their job placement rate is Two percent, five percent, 10%.”
Kamath: Large agricultural companies exploit farm exemptions to avoid taxes
“There are people like Monsanto, big agri companies who earn 305 hundred crores a year. They don't pay tax because they take advantage of that farm loan waiver.”
Chhatwal: Tourism Generates 3.25x Gross Economic Value Multiplier
“The, all the studies show that for every one rupee spent in this sector, the gross economic value that gets added is 3.25.”
Chhatwal: Every hospitality job creates 8 to 10 indirect jobs
“Every job created in this sector creates eight to 10 jobs indirectly.”
Amodei: Anthropic advocated for AI regulation while competitors and government opposed it
“We've said that there should be regulation of AI when all the other companies and the administration have said there shouldn't be regulation of AI.”
Sharma: China laid off 90 million state enterprise workers in 1990s
“In the Nineties. This is one thing which I find very fascinating. China fired ninety million people from its state-owned enterprises.”
Sharma: Incumbent US White House party lost three consecutive elections for first time in 200 years
“This is the first time in America's history that the, at least in the last 200 years that I know of, that the incumbent party in the White House lost three times in a row.”
Sharma: Only five or six countries globally levy an inheritance tax
“I think five or six countries in the entire world where inheritance tax still exists.”
Bonatsos: 8% to 10% of Men on Dating Apps Get 80% of Dates
“So something like eight to 10% of the guys get 80% of the dates.”
Arora: Cyberattack took down Ukraine's logistics systems at war's onset
“And the first thing that happened in the Russia-Ukraine conflict was the entire logistics systems of Ukraine was taken down by hackers because that was the way they could sort of destabilize and immobilize the army of Ukraine. It wasn't a bomb that landed. It …”
Arora: Quantum computing will break every modern encryption key
“When quantum comes about, it'll break every key, which is true. It will break every key that is there today.”
Sharma: Micromax's current manufacturing revenue exceeds its peak smartphone brand revenue
“Today, our manufacturing is bigger than, you know, the revenue is way more bigger than what we used to do in our brand, which probably not most of the people will know. But we are doing way more better than what we used to do earlier.”
JC: No proof NAD precursor supplements reach the mitochondria
“But if you're talking about taking supplements that are working at a mitochondrial level, it doesn't have any proof. It doesn't have any validation. For example, if we talk about NAD precursors, Today, we don't know if those precursors are actually getting abs…”
Bryan Johnson: Breathing Mumbai air equals smoking over 10 cigarettes daily
“In this air quality here in Mumbai, it's equal to smoking over 10 cigarettes a day. If you're out in the, every day, like the entire city is smoking, you know, 10 plus cigarettes a day, breathing this air, right?”
Shenoy: Diageo's Celebration Rum now significantly outsells Old Monk
“I think Celebration Ram, which is of DI Joe, now outsells Old Monk quite a bit.”
Khaitan: Flavored Vodka Accounts for 80% of India's Vodka Market
“In vodka, 80% of the market now has become flavored vodka.”
Kamath: Sovereign credit rating methodologies rely mostly on subjective, perception-based parameters
“Six are quantitative in nature, like GDP rate, fiscal deficit, inflation, past track record of servicing debt. The other 10 or 11 parameters are arbitrary in nature. It's more coming around perception and stuff like that.”
Agarwal: Indian companies cannot achieve an A credit rating due to sovereign caps
“So if you are an Indian corporation, you may be like any big company, you don't get a rating because your sovereign itself is not rated that.”
Narain: US emission reductions rely on switching from coal to shale gas
“The U.S. Has gone from coal, the use of coal, to the use of shale gas, ok? Now, most of its energy today comes from shale gas.”
Tarun Mehta: Ather will reach 1,000 touchpoints within 2.5 years
“We'll go from 200 touch points to a thousand touch points in the next two and a half years. At which point you've crossed oil and field scale already.”
Kalra: 90% of Restaurants Fail Within a Year Due to Undercapitalization
“90% around that of restaurants failed within the first year and around 96% within 18 months. And the biggest reason you won't believe is not necessarily lack of passion or getting into it for glamorous reasons. It's undercapitalization.”
Kalra: Swiggy and Zomato Do Not Hire Employees From Each Other
“They don't even hire from each other, from what I know.”
Biyani: India's top 120 million people account for 70% of FMCG consumption
“Another research which we found out was the total package good consumption in India, FMCG package good in value terms, is 70% of excess is by this India one.”
Kamath: Bollywood film production is currently net-unprofitable overall
“If a thousand rupees is going into making Bollywood movies, the net outcome is sub thousand rupees. Today.”
Prashanth Prakash: Only two Indian startups raised $50M+ external rounds in 2023
“From new externally led rounds, there's been two this year. So it's a tough market.”
Mazumdar-Shaw: Biocon is the only Indian firm with biosimilars in US and Europe
“Therefore, if you look at in, in India, we are the only company that has managed to develop biosimilars for global markets. No other Indian company has been able to take their products to the US. Or Europe.”
Gaurav Munjal: Four top offline coaching institutes generate ₹20,000 crore revenue
“They were getting paid similar amounts by offline coaching centers who collectively were doing 20,000 crores in revenue. So between Chaitanya, between Alan, between Akash and between Narayana, and I don't want this to become the Rameshwaran cafe type shot, but…”
Mayya: GPT training data is predominantly sourced from Reddit and forums
“It's all of the web, but it's mostly Reddit, right? And the best way to understand mostly Reddit. It's Reddit anywhere. Like the internet, it was mostly forums.”
Kamath: 40% to 50% of generated electricity is lost in transmission
“We still lose something like 40, 50% of the electricity that we generate from the point it's generated to the point of consumption.”