Everything we have published

Why Yield Curve Control is the Only Way to Stop a Global Bond Crisis | Luke Gromen

Luke Gromen argues yield-curve control is needed as defense spending, retirement liabilities and foreign bond selling drive a global bond crisis.

The rarest people at a trading firm.

Trading firms prize rare combinations of market instinct, technical skill and disciplined risk-taking.

Entravision: Another Whale Has Emerged

Entravision’s Q1 filings contain a new footnote disclosure pointing to a potential second large advertiser beyond its Hong Kong customer, which…

Next Financial Crisis Unlikely To Start in Private Markets (Fundamentals Solid!) | Nicholas Brooks

Private credit fundamentals remain resilient as U.S. interest coverage improves and Europe stabilizes; soaring government debt and fiscal deficits…

Tom Costello: everyone in quant finance is a genius.

Tom Costello says everyone in quant finance is a genius.

Why Every Screen in the Market Missed This One

Ex-Balyasny PM: Quant is like Blackjack, Fundamental is like Poker

Ying Hua explains how multi-manager hedge funds combine systematic position sizing, alternative data and discretionary judgment to generate equity…

The Next Financial Crisis Isn't In AI, It's In US Treasuries | Russell Clark

Russell Clark predicts 10-year Treasury yields will reach 10% as wage growth and affordability politics turn inflationary, pressuring housing,…

Tom Costello: Sam Bankman-Fried would’ve never been hired at a hedge fund

Tom Costello says Sam Bankman-Fried would never have been hired at a hedge fund.

A $1.5 Billion Sale Just Re-Rated an Entire Asset Class and Wall Street Hasn't Done the Math Yet

The Next Financial Crisis Isn’t In Banks. It’s In Insurance & Private Credit | Nick Nemeth

Nick Nemeth argues private-equity-owned insurers’ leveraged private-credit and CLO holdings could trigger annuity-surrender runs without a federal…

The Broadcast Land Rush

Idea Brunch with James Halse of Senjin Capital

The Assets Have Rallied and the Filings Haven't Caught Up

~100% Returns in 2025, No Losing Year Since 2008: Erik Smolinski on Edge for Retail Trader Edge

Erik Smolinski reports nearly 100% returns in 2025 and no losing year since 2008, using volatility risk premia, sector rotation and options…

Why Capturing The Market’s Biggest Trends Means Embracing High Volatility | Takahe Capital

Takahe Capital targets 25–30% annualized volatility in trend-following, using dynamic sizing and letting winners run to capture outlier moves in…

Semiconductors Are Gushing Cash… Here’s What’s Next in The AI Trade | Ben Pouladian

AI data-center expansion is constrained by energized land and construction labor, not GPUs.

The Only Glass Malone Doesn’t Own

$50M Cash, No Debt, 0.74x Book: A Deep-Value Machine Tool Setup

Ex-Citadel PM: All Hedge Fund Failures Are Because of One Reason - Rich Falk Wallace

Rich Falk-Wallace says hedge fund failures stem from flawed portfolio construction and risk leakage, not weak fundamental research.

Breaking Down the Multi-Manager Playbook: How This $19B CIO Thinks About Alpha | Sean McGould

Lighthouse Group CIO Sean McGould targets global alpha through Japan’s governance reforms, AI-driven equity issuance and multi-manager investing.

A Going-Concern Candidate Three Months Ago, A Control Play Today

How The Federal Reserve Could Shrink Trillions From Its Balance Sheet | Darrell Duffie

Federal Reserve balance-sheet runoff needs lower bank reserve demand to avoid losing rate control and destabilizing repo markets.

Idea Brunch #2 with Brian A. Finn