Research first. The portfolio is how we test it.

Knowledge that matters

• Founded by Bocconi students in 2022, we exist to learn how markets work by doing the work: building investment theses, defending them, and tracking them.

• We run a simulated portfolio, a notional $1,000,000 since November 2022, and publish periodic reports on how it has performed and the research behind each position.

• No real capital is managed. We do not manage money for members or for anyone else.