A daily market briefing. A monthly house view. Understanding the Asset — a monthly study of a single asset class: its economics, its structures, and the incentives that shape it. Written from the buy side. And From the Inside — the one series that is not about markets: running this family office on an AI operating layer, published in the open.
Every asset class carries its own architecture: how the economics work, how the structures are built, how fees and carry distribute across the chain, and where the incentives of each party sit. Each edition sets that out for a single asset class, alongside how we view it in the current cycle.
We write from the buy side. Everything here is the analysis we run before we commit capital ourselves — the same questions, asked in the same order, with our own money on the other end of the answer.
The one series here that is not about markets. NexSky runs its back office on software agents, with a person approving everything that leaves the firm. From the Inside reports what that is actually like — what works, what does not, failures included.