We build the kinds of investment products we want to invest in ourselves.
If you want different results, you need different inputs. You will need to act differently.
Read Time: 5 Minutes
AI has been accused of going rogue more than once. Is that actually what is happening, or just what will build attention through fear?
Even if the capabilities are real, a technology thesis can be completely spot on, while a related investment thesis can be catastrophically wrong on timing or execution.
Real intelligence is more than pattern recognition. It is more than mixing and matching existing human creativity in new mechanical ways.
Read Time: 10 Minutes
Bitcoin has generally followed a 4-year price action cycle, but is that cycle becoming longer or shorter with institutional participation? If the peak was muted, will bottoms be muted or extended?
The Bitcoin Long-Term Holder Supply metric shows what smarter long-term investors are actually doing.
If Bitcoin becomes a risk-off asset like gold, it may still fail to perform well in recessions, just like gold has often failed. In actual recessions, anything that can be sold for dollars will be sold.
Read Time: 8 Minutes
Japan’s debt load is in a different league from other developed markets, and the population is shrinking underneath it.
The 1980s Japan crash was also largely an oil shock, but to a younger, growing economy with far less debt-to-GDP. This one is now hitting an old, import-dependent economy living on borrowed time.
The U.S. bond market gets hit hard when Japan stumbles.
Read Time: 7 Minutes
5th-largest population in the world, with rising industries, Chinese capital, and one of the most overlooked equity markets.
Pakistan’s stock market is still tiny, and that’s a huge opportunity.
With only 0.25% of the population invested and Gen-Z flooding in, PSX offers one of the most under-owned equity markets in Asia.
Read Time: 8 Minutes
Private credit was supposed to be the safe-haven bet outside public markets. Cash flow looked predictable. Institutions and smaller offices alike could pick their own yield, put it on the shelf, and not have to sit through public market volatility; it felt ideal and reliable.
That dream is changing quickly. Fed rates potentially hiking could cause a snowballing private credit effect that ripples across multiple industries.
Read Time: 10 Minutes
Hedge fund managers are sophisticated investors and traders, and yet, when it comes to the boring parts of operating their own business, they often fall short.
Concentration and leverage usually get the big headlines. But more common causes of fund failure are generally linked to operational issues like accurate reporting, sufficient team structure, and risk controls.
Looking at failed funds is only useful if it changes what you ask before you send capital. When reviewing, ask: can we verify them, do we actually need their strategy, and do we want to work with their people?