Writings
- Alphabet's Q2-2026 The 294% GAAP EPS jump is an accounting smokescreen — the real story is Cloud, capex, and the funding gap. July 22, 2026
- On Funding AI ~$400B raised in 2026 against a capex bill nearing $750B. Where the cash comes from. June 24, 2026
- Pinduoduo, Q1-26 An interesting buying opportunity, if the cash ever moves. May 28, 2026
- Presentation A History of Thinking From cuneiform to the transformer — how thought became a machine. April 21, 2026
- On Competition Pinduoduo's competitive landscape — Douyin and Alibaba at home; Amazon, TikTok Shop, and MercadoLibre abroad. April 15, 2026
- Cholesterol (And New Ways To Reduce It) Statins, the new PCSK9 class, and what combining them buys. April 7, 2026
- Skills A skill is a folder. Why formalising what developers already did informally mattered. April 2, 2026
- Monitorability (and Interpretability) Reading an agent's decisions from the outside as models go long-horizon. March 9, 2026
- Chain Of Thought What the 2022 Google Brain paper codified, and why inference-time reasoning is its own scaling law. March 3, 2026
- Crocs Q4-2025 Earnings Note Q4 margins compressed to 16.8% on a weak North America and a shrinking HeyDude. February 13, 2026
- Cal-Maine Foods America's largest egg producer, from feed mill to shell — the whole vertical, and what it's worth. January 9, 2026