Research
A library of company notes and deep dives. These are working documents - written to clarify the thesis, surface risks, and keep me honest.
đź’ˇInvestment Ideas
Company notes and theses. Equities & crypto
Devolver Digital: A Study of Convexity
A look at this game publisher and how asymmetric payoff structures and reflexive culture turn volatility into value. Examining how this stock actually doubles as an option in disguise.
Diageo plc: The Weight of Compounding
Global brand power and strong FCF. Market's short-term fatigue has created an attractive entry point for patient investors.
Ultra (UOS): The Stack Nobody’s Noticing
A vertically integrated gaming and financial ecosystem
🔍Industry Deep Dives
Longer pieces on industries, incentives, and structure.
Gaming: The Next Network Economy
How digital ownership and interoperability reshape value