Writing
Thinking, slowly, in public.
Subscribe via RSS ↗- 2026-04-23
The LLM Wiki Pattern
Most LLM-document systems are RAG. Retrieve, regenerate, repeat. The wiki pattern is different. The LLM maintains a persistent artefact, and knowledge actually compounds.
AI - 2026-04-21
The Cyber-AI Paradox
The market reads AI as a threat to cybersecurity revenue. The structural reality is the opposite, and the bear case loses either way.
Markets - 2026-04-12
Quiet as a Strategy
On the practice of doing less, and the kind of attention it asks of the people who try it.
Essay - 2026-03-18
Mimetic Desire and the Collector
Girard explains the watch market more cleanly than supply and demand does. The question for any collector worth the name is which of their desires are actually their own.
Philosophy - 2026-03-04
Treasury Yields, Decoded
The Iran strikes broke the textbook reaction. Yields are supposed to fall during war. They rose. Understanding why is the most important macro lesson of the cycle.
Markets - 2026-02-22
The Decision Journal
Knowing about cognitive biases and noticing them operating in your own portfolio are different things. The discipline I've built to close that gap.
Markets - 2026-01-22
Compounding, Revisited
The compounding sermon is arithmetically correct and substantively incomplete. The version of the story that gets sold is missing the structural variables that actually determine outcomes.
Markets