Research

Notes from the desk.

Theses, postmortems, methodology.

Why the chorus matters more than the soloist

A single signal is noise. Twelve aligned layers are a position. Here is how we count to twelve.

The best edge is often the trade you skip. A taxonomy of setups that look like opportunity but aren't.

Insider buys. Catalysts. PEAD. Technicals. We break down each layer, weighting, and decay function.

Hit-rate is vanity. Slugging average is sanity. Patience-adjusted return is the only metric that matters.

Get the thesis monthly.