A 49.18% loss is a brutal way to learn about “moat evaporation.” David breaks down why he walked away from Adobe and why “averaging down” is often just throwing good money after a bad story.
Insights
The IPO Trap: Why I’m Ignoring OpenAI and SpaceX to Own the “Plumbing” Instead
Nasdaq is fast-tracking the IPOs of OpenAI and SpaceX. David explains why these “trophy” listings might be valuation traps for long-term investors and why he prefers owning the “Sovereign Foundation” instead.
The Sovereign Shift: Why I Built the North Tech 15
The “Buy-and-Hold” era is over. As Sovereign AI and electronic “Iron Curtains” reshape the global economy, the North Tech 15 is my real-money roadmap to owning the future. Discover the 3-pillar strategy I’m using to survive the 2026 Great Reset.
When is it smarter to hold cash?
Following an exceptional market run and rising geopolitical tensions, David explains why he moved his entire portfolio to cash and what he is watching for next.
Is gold quietly replacing mega-cap tech as the market’s safety trade?
Gold has been quietly outperforming as tech and crypto lose momentum. Many readers have asked why gold is rising, and what it could signal heading into 2026.