A meta-compass at the intersection of markets, ideas & geopolitics Strategising: cross-asset, model-informed, macro speculation

Independent in-depth research, unearthing commodity truths. Value-based fundamental investment approach. Sticking strictly to our circle of competence. Obsessed with data and company fundamentals.

Global macro with a focus on China

The award-winning research trusted by financial advisors, hedge funds, and professional traders to make better decisions.

This newsletter offers (1) quarterly analyses of trends in politics & policy, (2) six interesting charts from the week each Sunday morning & (3) invitations to live events with new authors & leaders.

A live book on Investing