Articles
Investing written the way we would explain it across a table: what the number means, why it moves, and what an owner should do about it. Every article links down to the company pages and the X-Ray reports that carry the evidence.
Is Nvidia's growth sustainable? One line in the accounts is trying to tell you
Nvidia earned in six months what it took the whole of last year to earn. That is not the interesting part. The interesting part grew faster than revenue did.
Companies in Focus
Opinion, with the evidence attached: what is actually happening inside a business people are arguing about.
SpaceX is public. Its first 10-Q is not about rockets.
The SEC does not classify SpaceX as an aerospace company. It classifies it under data processing — and the first set of public accounts explains why.
Nike: what is actually going on?
The share price has halved and the explanations are all vibes: brand fatigue, On and Hoka, China. The accounts say something more specific, and it was hiding inside a headline everyone read as good news.
Can Adobe beat AI? The question already changed
The bear case used to be that AI makes Photoshop unnecessary. The September numbers retired that argument and replaced it with a duller, more dangerous one.
How do you run a business designed to shrink?
Every business school teaches growth. Almost none teach the harder discipline: how to run something profitable that will be smaller every year for the rest of its life.
Dividends & Income
Yield, safety, growth — and how to tell a durable payout from a trap.
6% now or 2% growing: which one actually pays you more
Everyone says growth beats yield. The arithmetic agrees, and then adds a detail nobody mentions: it takes two decades, and most people are not investing for two decades.
The ex-dividend date, and why buying the day before doesn't work
Everyone learns the rule: own it before the ex-date and the dividend is yours. Almost nobody is told what the market does to the share price that same morning.
Monthly dividend stocks: what you gain, and what you pay for it
Twelve cheques a year instead of four is a genuine convenience. It is not a genuine edge — and the screen that starts with 'monthly' is selecting for something other than quality.
Why a REIT's payout ratio looks impossible
A payout ratio above 100% would be a red alert at any normal company. At a REIT it is the default, and the reason is an accounting entry that costs nobody a cent.
How to tell if a dividend is safe
A high yield is not a reward for patience — it is usually the market's way of saying it does not believe the payout. Here is how to check, in the order that matters.
Valuation
What a business is worth, and what you are being asked to pay for it.
Portfolio & Temperament
Position sizing, holding periods, and the behaviour that decides returns.
