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Recency Bias in Investing: How the Recent Past Can Cloud Our Financial Judgment
Recency bias is a cognitive phenomenon that can significantly impact investment decisions. This bias leads individuals to place...
Sep 24, 20242 min read


Why Factor Investing is Failing and How to Model Company-Specific Factors
Factor investing , the practice of targeting specific market factors or characteristics to generate excess returns, has been a popular...
Sep 23, 20244 min read


Enshittification and AI: What Investors Need to Know
In the rapidly evolving world of technology and artificial intelligence, investors must be aware of potential pitfalls that can affect...
Sep 21, 20243 min read


Fund Size, Strategy, and the Rule of 30: A Guide for Investors
In venture capital and private equity , the relationship between Limited Partners (LPs) and General Partners (GPs) is crucial. One of the most critical aspects of this relationship is understanding how fund size impacts investment strategy and expected returns . This article looks into the often-cited principle that " fund size determines strategy " and introduces a simple yet powerful heuristic called the "Rule of 30" to help investors gauge the necessary exit values for
Sep 19, 20244 min read


Explore vs. Exploit: Evaluating Companies Along the Spectrum
For investors, understanding a company's position on the explore-exploit continuum is crucial for making informed investment decisions....
Sep 14, 20243 min read


The Red Car Theory: What Investors Need to Know
The Red Car Theory, also known as the Baader-Meinhof Phenomenon or frequency illusion, is a cognitive bias that can significantly impact...
Sep 12, 20242 min read


Groupthink in Investing: Risks and Mitigation Strategies
Groupthink is a psychological phenomenon that occurs when a group of individuals reaches a consensus without critical reasoning or...
Sep 9, 20243 min read


"The Trend is Your Friend, Until the End When it Bends"
In the world of investing, few adages are as well-known and widely applied as "The trend is your friend." This phrase encapsulates a fundamental principle of momentum investing and technical analysis. However, the full version - "The trend is your friend, until the end when it bends" - offers a more nuanced and realistic view of market dynamics. This article will explore the meaning behind this saying, its applications, and potential pitfalls for investors. Understanding the
Sep 8, 20243 min read


Episodic Pivots: A Strategy for Investors
One trading strategy that has gained attention in recent years is the concept of "Episodic Pivots." This approach can potentially offer investors substantial returns by capitalizing on short-term market inefficiencies. In this article, we'll explore what Episodic Pivots are, how they work, and why they matter to investors . What Are Episodic Pivots? Episodic Pivots refer to sudden, temporary shifts in market dynamics that create unique investment opportunities . These pivot
Sep 7, 20243 min read


The Normalization of Deviance: A Hidden Threat to Investment Strategies
In the world of investing, maintaining a disciplined approach is often touted as the key to long-term success. However, a subtle yet...
Sep 5, 20243 min read


Ensemble Learning in AI: A Primer for Investors
Ensemble learning is a powerful concept in artificial intelligence that has significant implications for investors in the AI and machine learning space. This article will explore what ensemble learning is, how it works, and why it matters for those looking to invest in AI technologies. What is Ensemble Learning? Ensemble learning is a machine learning technique that combines multiple models to produce better predictive performance than could be obtained from any of the const
Sep 3, 20243 min read
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