How We Think About Investing
Our research and commentary is where the thinking behind our strategies becomes visible. This page is for investors and partners who want to understand the depth behind our approach.
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Latest Commentary
Interactive Tool
The Inverse Gravity Turn;
Or, Launching a Rocket Into Increasing Gravity
Track when SpaceX's restricted shares become eligible to sell, how much each unlock adds to the publicly tradable float, and how large it is relative to typical trading volume — across the contractual lock-up dates and the price-contingent early release.
Open the Lock-Up Monitor →Featured Research
White Paper
Building Better Haystacks: An Adjusted ROIC Framework for Quality Investing
A systematic approach to finding superior companies anchored in a simple concept — who is truly making more than they spend to build and maintain their businesses.