How to Read a 10-K
What to read, what to skip, and how to get what you need in under two hours.
VI Stack
A systematic, AI-powered research framework for serious value investors.
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What Is Your Circle, Really?
Most investors draw their Circle of Competence too wide. Here's how to define it honestly.
One Company, Five Gates
The system works on paper. Here's what it looks like in practice.
Gate 5: The Advisory Board
The Five Gates is a sequential research framework for serious value investors. Each issue walks through one gate in full. This is Gate 5.
Gate 4: The Pitch
The Five Gates is a sequential research framework for serious value investors. Each issue walks through one gate in full. This is Gate 4.
Nike ($NKE): Why I Passed on One of the World's Greatest Brands
Nike passes the easy test and fails the one that matters, and the numbers say so out loud
Gate 3: The Forensics
The Five Gates is a sequential research framework for serious value investors. Each issue walks through one gate in full. This is Gate 3.
Gate 2: The Quality Check
The Five Gates is a sequential research framework for serious value investors. Each issue walks through one gate in full. This is Gate 2.
The free account is open
Hi, For a while now I have written about a way to research a company.
The Research Assistant That Doesn't Sleep
How AI fits into the Five Gates, and what it actually changes about the way serious investors work.
Gate 1: The Quick Screen
The Five Gates is a sequential research framework for serious value investors. Each issue walks through one gate in full. This is Gate 1.