Insights
Notes on technology and compounding.
Occasional writing from the investment team. Long-form, infrequent and specific.
Latest
Investment Perspectives
Concentration as a mechanism, not a style
Diversification protects a portfolio from being wrong. Concentration is how a portfolio becomes right at a scale that matters.
18 September 2026 · CINCO³ Investment Team
AI
The cost curve of intelligence
Every step down in the cost of useful work creates a new class of applications that were previously uneconomic.
04 September 2026
Private Markets
Private and public in one thesis
The listing status of a company is an execution detail. The thesis is about the business.
21 August 2026
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