Deep Dive: Shopify ($SHOP)

Agentic Value Unlock

Oct 8 • Market Sentiment

30

2

1

MS Portfolio Update | Oct 2026

Month of Macro

Oct 1 • Market Sentiment

31

1

September 2026

Deep Dive: ServiceNow Inc ($NOW)

Can AI adoption outpace seat erosion?

Sep 26 • Market Sentiment

38

2

4

Notes on Muse

Never bet against Zuck

Sep 22 • Market Sentiment

40

7

The next great AI trade is everything that isn’t AI

Cheap intelligence into durable margin

Sep 17 • Market Sentiment

124

27

20

Notes on Open Source

Open is winning the token volume. Closed is still winning the revenue.

Sep 8 • Market Sentiment

57

4

4

MS Portfolio Update | Sep 2026

Looking beyond semis

Sep 1 • Market Sentiment

28

1

August 2026

On Uber: The Market Has Robotaxis Backwards

Why autonomous vehicles won't be a winner-take-all market.

Aug 16 • Market Sentiment

27

1

Is the capex sustainable?

Building a model for datacenter economics

Aug 8 • Market Sentiment

105

21

12

MS Portfolio Update | August 2026

Risk is an arbitrary concept until you experience it.

Aug 1 • Market Sentiment

34

2

1

MS Portfolio

August 2026 Update

Aug 1 • Market Sentiment

7

1

July 2026

ASIC

Your margin is my opportunity

Jul 18 • Market Sentiment

62

1

8