Investment philosophy

Bubble history: Dotcom vs AI

Where they are alike, where they are not, and what that tells us about the future

Aug 23

My current screening setup

Over the past few months, I have been making my idea-generation process more systematic.

Jul 8

Where do stock returns come from? A napkin framework.

Distilling down a DCF to its simplest components

Jun 29, 2025

Stock markets are the enemy of investors

Liquidity, diversification, and financial theory are not good friends of investors.

Aug 18, 2024

The epistemology of value investing

A reflection on the value method.

Mar 17, 2024

Value hunting in apparel retailing.

Finding value in the debris after Amazon, Shein, and the macro.

Mar 2, 2024

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