Kioxia Holdings: AI NAND Supercycle, JV Upgrade And A Breakout Chart Sets Up Big Upside
Scope for pricing upside, market share gains, higher value revenues and lower gross margin volatility.
5-Minute Pitches
Microsoft: Azure Is Booming, But OpenAI And Copilot Are Quietly Capping The Upside (Archive)
Azure’s AI boom is offset by OpenAI risks, constrained capacity, and weak Copilot monetization.
Barrick Mining: IPO Spinoff Dream Hits Royalty Shocker And Margin Squeeze (Archive)
IPO upside dulled by disputes, hidden royalties, rising costs, and richer valuation.
Celestica: Mr. Market Gives Us A Perfect Opportunity To Load Up (Archive, Full Access)
Celestica offers a chance to ride accelerating AI demand at a sentiment-driven discount.
Performance
Portfolio Performance - Mar'26
Mar'26: ~8% annualized alpha, Sortino 1.8, IR 0.75, rare factor exposures style, low drawdowns. Strategy scalable to >$100M AUM. Live real-money.
Portfolio Performance - Feb'26
Feb'26: >9% annualized alpha, Sortino 2.5, IR 1.0, rare factor exposures style, low drawdowns. Strategy scalable to >$100M AUM. Live real-money.
Portfolio Performance - Jan'26
Jan'26: >11% alpha, Sortino 3.0, IR 1.2, rare factor exposures style, low drawdowns. Strategy scalable to >$100M AUM. Live real-money.
