Fundamental × Systematic
See how the market thinks.
See where it's wrong.
The Three Layers of Market Reality
What Is
What They Think
What Is Priced
The market's model is coherent.
Evidence, belief, and price tell the same story. The question is: what would disrupt this equilibrium?
The market prices consensus, not truth. We map where the collective interpretation diverges from evidence—and what would resolve it.
WHAT WE SURFACE
Not better data.
Better interpretation.
Everyone has the same filings. The edge is understanding what the market believes about them—and where that belief is fragile.
- What management claims vs. what they deliver
- Where consensus is cascade, not conviction
- What price implies vs. what evidence shows
- What would break the thesis
WOW claims "stable share."
→ Inconsistency detected
TWO APPLICATIONS
Different markets. Different edges.
Where expertise is the moat
Mining. Biotech. Complex industrials. Synthesize technical literature that generalists can't or won't access.
THE INFORMATION UNIVERSE
Cross-domain synthesis.
Not just search.
A filing says one thing. A regulatory inquiry says another. Academic research contradicts both. That's where edge lives.
CONTINUOUS MONITORING
Research is point-in-time.
We keep watching.
We identify what would confirm or refute the thesis—then monitor for exactly those signals across all domains.
Built by fundamental investors.
We spent careers reading filings and wondering what would happen if we could systematize the judgment. Now we're building it.