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 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
Ries: Philip Morris generates $600B in annual US external costs
“They have something like eight billion dollars a year in net income. But there's been all these studies. They create six hundred billion dollars a year in costs just in the U.S. That have to be borne by others. I think it's three hundred billion in direct heal…”
Ries: Shareholder primacy was never enacted by statutory law or referendum
“In the history of the world. Shareholder primacy has never been subject to any referendum, any legislative action, nothing. So it's weird. If you learned in school, how a bill becomes a law, There's no law for shareholder primacy.”
Ries: Twilio fired Jeff Lawson despite revenue growth since IPO
“So at the time he was fired, the stock was down like 80% from the peak. And it's like, oh, well case closed. But if you measure from the IPO or even from the pandemic peak, revenue was up. It's like, did the business go down? Was revenue down? Was there some k…”
Ries: Anthropic created a perpetual purpose trust at Series C
“I think it was a series C when they finally established this thing called the long-term benefit trust, which is not a nonprofit foundation. It's actually what's called a perpetual purpose trust, which is a different legal category, but the same idea outside tr…”