May 2025
Market Commentary
What Moves a Stock Price?
A clear-eyed breakdown of the mechanics behind price action — bids, asks, liquidity, and what most retail traders miss.
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May 2026
Market Commentary
SpaceX, the IPO Market, and the Price of a Generational Company
SpaceX may be the largest IPO in history. But is a generational company automatically a great investment at any price?
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Coming soon
Founder Notes
On systematic thinking in volatile markets
How disciplined process prevents emotional decision-making when it matters most.
Coming Soon
Coming soon
Capital Framework
Options income as a compounding tool
Phase II strategy notes on structured income generation and asymmetric risk positioning.
Coming Soon
Coming soon
Quarterly Letter
Q3 2025 — Capital Allocation Review
A review of the quarter's trading framework performance, lessons learned, and positioning going forward.
Coming Soon
Coming soon
Acquisition Updates
Phase III infrastructure — early thinking on real estate criteria
What we're looking for, what we're avoiding, and how Phase I capital shapes Phase III decisions.
Coming Soon