Blog
Probability investing: an epistemology for markets. Frameworks, valuation, and calibration.
Aseity Investing vs. Value, Momentum, and Consensus
Value borrows its warrant from a point estimate. Momentum borrows it from the crowd. Consensus borrows it from the room. Contrarianism borrows it from the crowd and adds a minus sign. Aseity investing refuses to borrow at all.
ReadKey Financial Ratios for Analyzing Tech Stocks
Most articles on this topic hand you a checklist. A ratio is not a score. It is a piece of evidence, and evidence only means something relative to a base rate and a prior.
Read