Blog
Long-form writing on what I'm learning and shipping.
2026
CME Group: liquidity is the product, open interest is the cornered resource, and the clearing house is the toll gate
v1Published 2026-07-31Updated 2026-07-31CME Group: liquidity is the product, open interest is the cornered resource, and the clearing house is the toll gate A convention for this note: statements mark…
Why I built an industry-analysis machine
v1Published 2026-05-11Updated 2026-05-11Why I built an industry-analysis machine I do not want one-off investment notes. One-off notes are useful in the moment, then they decay. You learn a company, m…