Perspectives
Written, because writing is thinking.
The research process produces writing. A selection is published here — qualitative, position-free, and signed by its author.
Featured
Nuclear power and the cost of certainty
Energy · August 2026
Why the market persistently misprices assets whose value depends on political patience.
Index
What arbitrage across yield levels actually requiresFixed income · July 2026A note on breadthProcess · June 2026FX forwards as an instrument of restraintCurrency · June 2026Reading physical markets from a desk in ZugCommodities · May 2026On writing thesis papers nobody will readProcess · May 2026
Titles shown are illustrative placeholders pending first publication.