Systematic trend following investor living beyond the efficient frontier. I like financial markets.
This is the part of the AI conversation nobody wants to have. Everyone is debating automation and displacement and which roles will survive. Those are real conversations worth having. But underneath
I think the AI trade is over. Not the technology and productivity gains, which are real and will keep compounding for a decade. The trade. The story Wall Street has been pricing for two years, where a
There is a version of this story, in every sport, in every era, where a competitor at the absolute peak of their hunger gets what they were chasing and somehow becomes less because of it. Not less
Buying the dip sounds like discipline. It sounds like the move a sophisticated investor makes. Calm while others panic, purchasing assets at a discount while the crowd sells in fear. It has been
There is a version of the current market that looks like genius. Indices near all-time highs. AI stocks compounding at rates that make traditional valuation frameworks look like relics. Retail
The habits that made Warren Buffett are now the habits that are destroying him. There is a version of this story that gets told as admiration. Warren Buffett still lives in the same house he bought in
Nike makes the best products. Nobody is arguing that. The brand is untouchable, the culture is real, and there is probably a pair of their shoes on your feet right now. But your shoes do not care
It did not come from the Federal Reserve. It was not buried in a government report that nobody reads. It did not trend on financial Twitter or get dissected by analysts on CNBC. It happened quietly,