Archived Memos & Scribbles
A collected set of simple thoughts about complex things
2026
The "Art" of Investing
Full Memo
Scribbles
Scribbles
2025
Point and Shoot
Full Memo
Q4 Memo
Q4 Memo
A Puzzle with Missing Pieces
Full Memo
Scribbles
Scribbles
Losing the Advantage
Full Memo
Scribbles
Scribbles
Tightrope Paradox
Full Memo
Q3 Memo
Q3 Memo
Living off Memories
Full Memo
Scribbles
Scribbles
Quiet Work - Vol. I
Full Memo
Scribbles
Scribbles
The Time It Takes
Full Memo
Scribbles
Scribbles
The Balance Sheet That Doesn't Show Up in Numbers
Full Memo
Q2 Memo
Q2 Memo
The Unseen Half of the Journey
Full Memo
Q1 Memo
Q1 Memo