Insights

Research for thematic investing.

Independent notes across AI, semiconductors, physical AI, and broader themes. Same dossier standard whether the work stays private or is licensed.

We write as buy-side operators: hypothesis first, evidence second, model third, price last. Public extracts carry a fixed disclaimer — opinions of the Principal, not investment advice. Thematic clarity means mapping each name to durable drivers, not chasing a single narrative.

Flash

Short, time-sensitive notes when a catalyst or data point changes the decision frame.

Standard

Full note with hypothesis, evidence stack, and valuation frame — comparable across names.

Initiation

First full dossier on a name: cover sheet, business system, source stack, and kill criteria.

Living

Ongoing dossier revisions as filings, holders, and catalysts update the thesis.

Next steps

Browse coverage. Unlock full dossiers.

The coverage universe lists public ratings and teasers. Full dossiers and living revisions sit behind Research on Pricing.