Kinetic Progressive Monthly Positions — September 2026

Twenty stocks, equal weight, chosen by a fixed monthly rule and held without discretion until the next rebalancing. The full composition and the methodology behind the selection are inside.

The Shelf Nobody Else Can Stock — Issue 05, August 2026

An exclusive-rights imported-beer franchise with $1.8bn in free cash flow, down 52% from its 2024 highs, but not on deteriorating fundamentals. Base case: +52% over three years.

Kinetic Progressive Monthly Positions — August 2026

Twenty stocks, equal weight, chosen by a fixed monthly rule and held without discretion until the next rebalancing. The full composition and the methodology behind the selection are inside.

Kinetic Progressive Monthly Positions — July 2026

Twenty stocks, equal weight, chosen by a fixed monthly rule and held without discretion until the next rebalancing. The full composition and the methodology behind the selection are inside.

The Quiet Layer Beneath Every Trade — Issue 04, July 2026

A switching-cost market infrastructure platform with $1.3bn in free cash flow, down 48% from its 2025 highs, but not on deteriorating fundamentals. Base case: +63% over three years.

The Engine Nobody Can Bypass — Issue 03, June 2026

A switching-cost aerospace platform with $125m in free cash flow, down 78% from its 2021 highs, but not on deteriorating fundamentals. Base case: +149% over three years.

The Ecosystem Nobody Can Rewrite — Issue 02, May 2026

A wide-moat AI infrastructure platform with $97bn in free cash flow, consolidating 12% below its highs — not on deteriorating fundamentals. Base case: +103% over three years.

The Platform Nobody Can Replicate — Issue 01, April 2026

A wide-moat US platform with $9bn in free cash flow, down 17% from its highs — not on deteriorating fundamentals. Base case: +42% over three years.