The best investors don't predict the market. They understand the business.
A deep dive into the Zurich shoe brand: founders, culture, product, athletes, governance, and the FX line that runs under every number.
Updated 28 May 2026 — triangulating a private AI valuation from public disclosures, secondary prints and prediction markets.
Why the next AI rotation is from chips to software and what's still mispriced.
Updated 28 May 2026 — Anthropic, OpenAI and xAI: timelines, valuations and risks compared side by side.
$650B of annual capex, nine layers, one question: who actually wins?
