Deep Dives
How I read companies and sectors: the theme first, then the business, its moat and the people who run it. Every deep dive is free to read and to download as a PDF.
How we read a company
Each piece starts with the shift that moves a whole industry, then asks which company sits where the value collects.
From there it looks at the business model and the moat, reads the leadership team the way a board would, and ends with the dates that will show whether the story holds. The research runs on a multi-agent system I built for it,, and I review every piece before it goes out.
The focus follows the themes that shape the next twenty years: life sciences first, then AI, space and energy. The deep dives explain how a business works and where it is heading. They contain no buy or sell calls.
Company Deep Dives
One company each week.
Life sciences · 31 October 2026
Intuitive Surgical: price for adoption in robotic surgery
US growth slows, three rivals arrive, and the market leader cuts price to win volume.
Read the deep diveBig Questions
Sector deep dives take one big question and argue it from first principles, with the charts and the voices from my podcast that answer it.
AI and the stock market · 31 October 2026
Is AI eating the whole market?
Concentration risk in 2026, seven historical booms, three paths from here and the traits of the survivors.
Read the deep diveYour Next Move
These deep dives show how I think about a business. If you face a decision like the ones in them, Your Next Move: Executive Advisory Session gives you that outside view on your own company, in three steps.
See Your Next MoveThis analysis is for information only and is not investment advice or a recommendation to buy or sell any security. The author may hold positions in the companies discussed.