Company Dossiers
The companies that matter most to the systems shaping the next decade — selected for systemic importance, not size. Living intelligence profiles, continuously updated, connected to every dossier that references them.
100 OF 100 PROFILES
AeroVironment
NASDAQ · Defense & Industrial Base
The company whose product category was validated live on television — Switchblade made loitering munitions a line item in every Western army's budget, and AeroVironment is the established name every procurement officer already knows.
CONVICTION moderate high · RISK elevated · 3-7y
0 dossiers · updated 2026-07-29
Airbus
Euronext Paris · Long-Term Opportunities
The executing half of the aircraft duopoly — a company with a wounded rival, a backlog stretching toward the 2030s, and one problem money can't quickly fix: a supply chain that won't let it build planes any faster.
CONVICTION moderate high · RISK moderate · 3-7y
0 dossiers · updated 2026-07-29
Alphabet
NASDAQ · AI & Compute
The only company fighting the AI war on every front at once — frontier models, its own silicon, its own cloud, and a search monopoly that AI simultaneously threatens and supercharges.
CONVICTION moderate high · RISK moderate · 3-7y
1 dossier · updated 2026-07-29
Amazon
NASDAQ · AI & Compute
Two nation-scale systems under one ticker: AWS, the largest cloud and the margin engine, funded by a logistics network no competitor can rebuild.
CONVICTION moderate high · RISK moderate · 3-7y
1 dossier · updated 2026-07-29
AMD
NASDAQ · AI & Compute
The credible second source in AI compute — the hedge every hyperscaler wants against NVIDIA dependence, which makes AMD's fate a decision its customers get to vote on.
CONVICTION moderate high · RISK elevated · 1-3y
1 dossier · updated 2026-07-29
American Homes 4 Rent
NYSE · Housing & Land
The only large single-family landlord that builds its own homes — the cleanest expression of build-to-rent as a purpose-built asset class rather than a bid for scarce existing houses.
CONVICTION moderate high · RISK moderate · 3-7y
0 dossiers · updated 2026-07-29
Anduril
Private Company · Defense & Industrial Base
The software-first challenger betting that defense procurement itself is the product to disrupt — build first with private capital, then sell finished weapons.
CONVICTION moderate high · RISK high · 3-7y
0 dossiers · updated 2026-07-29
Anthropic
Private Company · AI & Compute
The enterprise-weighted frontier lab whose per-token business — above all coding — makes its growth the cleanest available read on whether AI is doing real economic work rather than just holding attention.
CONVICTION moderate high · RISK high · 3-7y
1 dossier · updated 2026-07-29
Apollo
NYSE · Macro & Markets
The clearest expression of finance's great migration — lending leaving the regulated banking system for private hands, funded by ordinary Americans' retirement savings.
CONVICTION moderate high · RISK elevated · 3-7y
0 dossiers · updated 2026-07-29
Apple
NASDAQ · Behavior & Incentives
The device layer where AI meets two billion consumers — whoever wants to reach a human with software must eventually cross a piece of glass Apple designed, priced, and controls.
CONVICTION moderate high · RISK moderate · 3-7y
0 dossiers · updated 2026-07-29
Arista Networks
NYSE · AI & Compute
The networking layer of the AI buildout — because ten thousand GPUs are only one computer if the fabric connecting them keeps up.
CONVICTION moderate high · RISK elevated · 1-3y
1 dossier · updated 2026-07-29
ASML
NASDAQ (ADR) · AI & Compute
A literal monopoly: the only company on Earth that builds the machines that make advanced chips possible.
CONVICTION high · RISK moderate · 5-10y
1 dossier · updated 2026-07-29
BAE Systems
LSE · Defense & Industrial Base
The second pillar of the transatlantic industrial base — the only non-American company embedded in America's most sensitive programs while anchoring Britain's entire nuclear deterrent.
CONVICTION moderate high · RISK moderate · 5-10y
0 dossiers · updated 2026-07-29
Berkshire Hathaway
NYSE · Macro & Markets
The benchmark of permanent capital in its first post-Buffett year — the market's live test of whether a sixty-year system outlasts the person who built it.
CONVICTION moderate high · RISK moderate · 5-10y
0 dossiers · updated 2026-07-29
BlackRock
NYSE · Macro & Markets
The index-fund era's largest allocator — a top-three shareholder of most large public companies simultaneously, and the risk software much of institutional finance quietly runs on.
CONVICTION moderate high · RISK moderate · 3-7y
0 dossiers · updated 2026-07-29
Blackstone
NYSE · Macro & Markets
The machine driving private capital's expansion into everything — corporate debt, data centers, and, most controversially, the American home.
CONVICTION moderate high · RISK elevated · 3-7y
0 dossiers · updated 2026-07-29
Boeing
NYSE · Defense & Industrial Base
The duopoly seat industrial America cannot let fail — a company whose demand is guaranteed for a decade and whose only real constraint is whether it can rebuild the culture that builds the planes.
CONVICTION moderate · RISK elevated · 3-7y
0 dossiers · updated 2026-07-29
Broadcom
NASDAQ · AI & Compute
The other way to own AI compute: the custom chips hyperscalers build to escape NVIDIA, and the networking that stitches every cluster together.
CONVICTION high · RISK moderate · 3-7y
1 dossier · updated 2026-07-29
Brookfield
NYSE · Long-Term Opportunities
The owner-operator of the infrastructure decade — a century-old compounder holding the renewables, reactors, data centers, and grids every other thesis needs built, inside a structure the market has never fully trusted.
CONVICTION moderate high · RISK elevated · 5-10y
1 dossier · updated 2026-07-29
Builders FirstSource
NYSE · Housing & Land
The invisible consolidated supply chain behind almost every framed house in America — and the quiet bet that homes get built in factories before they get built on lots.
CONVICTION moderate high · RISK elevated · 3-7y
0 dossiers · updated 2026-07-29
Cameco
NYSE · Long-Term Opportunities
The Western world's uranium franchise: if reactors restart and hyperscalers keep underwriting nuclear premiums, someone has to mine the fuel — and Cameco owns the richest deposits on earth.
CONVICTION moderate high · RISK elevated · 3-7y
1 dossier · updated 2026-07-29
Caterpillar
NYSE · Long-Term Opportunities
The machinery of every buildout thesis at once — data centers, grids, mines, and housing all hire the same yellow iron, which makes its order book a cross-sectional x-ray of which buildouts are real.
CONVICTION moderate high · RISK moderate · 3-7y
1 dossier · updated 2026-07-29
CME Group
NASDAQ · Macro & Markets
The venue where the world's opinions about rates, energy, and risk become positions — and the house that clears every one of them.
CONVICTION moderate high · RISK moderate · 5-10y
0 dossiers · updated 2026-07-29
Coinbase
NASDAQ · Macro & Markets
The regulated on-ramp of digital assets — the compliance-first exchange that Wall Street's crypto era now routes through, from ETF custody to stablecoin rails.
CONVICTION moderate · RISK high · 3-7y
0 dossiers · updated 2026-07-29
Constellation Energy
NASDAQ · AI & Compute
Owns America's largest nuclear fleet just as existing reactors are being repriced from boring utility assets into the scarcest thing in the AI economy: firm power.
CONVICTION high · RISK moderate · 3-7y
1 dossier · updated 2026-07-29
CoreWeave
NASDAQ · AI & Compute
The pure-play GPU cloud — nothing in the RC 100 gives you more direct exposure to the AI capex cycle, in either direction.
CONVICTION speculative · RISK high · 1-3y
1 dossier · updated 2026-07-29
Costco
NASDAQ · Behavior & Incentives
The purest consumer-psychology franchise in the RC 100 — a retailer whose real product is the membership, and whose real moat is how the membership rewires the way people shop.
CONVICTION high · RISK moderate · 5-10y
0 dossiers · updated 2026-07-29
Danaher
NYSE · Health & Biotech
Almost every biologic medicine on earth is manufactured through Danaher's equipment — the company sells the picks and shovels no matter which drug wins.
CONVICTION moderate high · RISK moderate · 3-7y
0 dossiers · updated 2026-07-29
Deere
NYSE · Long-Term Opportunities
The robotics company hiding in a tractor brand — while humanoid demos collect views, Deere ships computer-vision weeding and fully autonomous tractors to working farms, making agriculture the first frontier where physical AI already pays for itself.
CONVICTION moderate high · RISK elevated · 5-10y
0 dossiers · updated 2026-07-29
Dell Technologies
NYSE · AI & Compute
The arms dealer's logistics division — NVIDIA designs the GPUs, but Dell turns them into racks, delivers them at datacenter scale, and services the fleet.
CONVICTION moderate · RISK elevated · 1-3y
0 dossiers · updated 2026-07-29
Digital Realty
NYSE · AI & Compute
The landlord of the AI land-and-power grab — its real inventory is not buildings but secured megawatts, the grid connections that take years to win.
CONVICTION moderate high · RISK moderate · 3-7y
1 dossier · updated 2026-07-29
D.R. Horton
NYSE · Housing & Land
America's largest homebuilder by volume — the closest thing the housing shortage has to a supply response, aimed at the entry-level tier where the shortage bites hardest.
CONVICTION moderate high · RISK elevated · 3-7y
0 dossiers · updated 2026-07-29
DraftKings
NASDAQ · Behavior & Incentives
Half of the duopoly running America's live experiment in legalized sports betting — the behavioral flywheel that turned watching games into wagering on them, one push notification and same-game parlay at a time.
CONVICTION moderate · RISK high · 1-3y
0 dossiers · updated 2026-07-29
Duolingo
NASDAQ · Behavior & Incentives
Habit-formation engineering with a ticker symbol — the purest public case study in how streaks, leagues, and a passive-aggressive owl convert loss aversion into a daily ritual, and daily ritual into subscription revenue.
CONVICTION moderate · RISK elevated · 3-7y
0 dossiers · updated 2026-07-29
Eaton
NYSE · Long-Term Opportunities
The toll collector on electrification itself — every new megawatt, whoever generates it, passes through equipment Eaton sells.
CONVICTION moderate high · RISK moderate · 3-7y
1 dossier · updated 2026-07-29
Eli Lilly
NYSE · Health & Biotech
The company building the largest drug franchise in history — and winning it less with molecules than with factories.
CONVICTION high · RISK elevated · 3-7y
0 dossiers · updated 2026-07-29
Emerson Electric
NYSE · Long-Term Opportunities
The most disciplined portfolio transformation in industrials — a 130-year-old conglomerate that unsentimentally traded compressors and garbage disposals for the control systems and software that run the world's process plants.
CONVICTION moderate high · RISK moderate · 3-7y
0 dossiers · updated 2026-07-29
Equinix
NASDAQ · AI & Compute
The internet's meeting points — inside Equinix's buildings, networks, clouds, and enterprises plug physically into each other, and those connections, not the square footage, are the business.
CONVICTION moderate high · RISK moderate · 3-7y
1 dossier · updated 2026-07-29
Freeport-McMoRan
NYSE · Long-Term Opportunities
Copper at scale — the metal the entire buildout is wired with, from the largest US-listed producer of a supply that takes fifteen years to answer demand.
CONVICTION moderate high · RISK elevated · 5-10y
1 dossier · updated 2026-07-29
GE Vernova
NYSE · AI & Compute
The company that builds the machines America is waiting in line for — its gas-turbine order book is the physical bottleneck of the AI buildout.
CONVICTION high · RISK moderate · 3-7y
1 dossier · updated 2026-07-29
General Dynamics
NYSE · Defense & Industrial Base
Nuclear submarines are the longest-lead objects in the American arsenal — and General Dynamics owns the yard where the deterrent's sea leg gets built, one decade-long hull at a time.
CONVICTION moderate high · RISK moderate · 5-10y
0 dossiers · updated 2026-07-29
Goldman Sachs
NYSE · Macro & Markets
The intermediary of every capital-markets cycle — when companies merge, list, borrow, or hedge, Goldman takes a fee, which makes its earnings a live barometer of corporate risk appetite itself.
CONVICTION moderate · RISK elevated · 3-7y
0 dossiers · updated 2026-07-29
HII
NYSE · Defense & Industrial Base
The only yard on earth that builds American aircraft carriers — a monopoly whose real production schedule is set by welders, not budgets.
CONVICTION moderate high · RISK elevated · 5-10y
0 dossiers · updated 2026-07-29
Hims & Hers
NYSE · Health & Biotech
The company that proved people will subscribe to healthcare like software — by treating the conditions nobody wants to discuss in a waiting room.
CONVICTION speculative · RISK high · 1-3y
0 dossiers · updated 2026-07-29
Home Depot
NYSE · Housing & Land
The annuity on America's aging housing stock — every year the median home gets older converts into repair-and-remodel spending, and Home Depot is where that spending clears.
CONVICTION moderate high · RISK moderate · 3-7y
0 dossiers · updated 2026-07-29
Intercontinental Exchange
NYSE · Macro & Markets
The toll collector of global markets — owner of the world's oil price, the NYSE brand, and the mortgage-data rail positioned to earn on every American home loan when housing finally thaws.
CONVICTION moderate high · RISK moderate · 3-7y
0 dossiers · updated 2026-07-29
Intuitive Surgical
NASDAQ · Health & Biotech
The installed base of surgical robotics — thousands of da Vinci systems and a generation of surgeons trained on them have turned surgery itself into recurring revenue.
CONVICTION moderate high · RISK moderate · 5-10y
0 dossiers · updated 2026-07-29
Invitation Homes
NYSE · Housing & Land
The institutional single-family landlord at scale — the company that turned America's most mom-and-pop asset class into an operating platform, and the most direct way to own the renter side of the affordability crisis.
CONVICTION moderate · RISK elevated · 3-7y
0 dossiers · updated 2026-07-29
JPMorgan
NYSE · Macro & Markets
The balance sheet at the center of American finance — when the system shakes, the deposits, the deals, and the government's phone calls all go to the same address.
CONVICTION moderate high · RISK moderate · 5-10y
0 dossiers · updated 2026-07-29
Kratos
NASDAQ · Defense & Industrial Base
Quantity as a weapon: Kratos builds aircraft designed to be lost — the public-market pure play on the cheap mass Ukraine proved wins wars.
CONVICTION moderate · RISK elevated · 3-7y
0 dossiers · updated 2026-07-29
L3Harris
NYSE · Defense & Industrial Base
The connective tissue of the networked battlefield — and, since Aerojet, the owner of the rocket-motor bottleneck every munitions-restocking program queues behind.
CONVICTION moderate high · RISK moderate · 3-7y
0 dossiers · updated 2026-07-29
Lennar
NYSE · Housing & Land
The #2 homebuilder deliberately converting itself from land speculator into pure manufacturer — if the land-light machine works at this scale, it rewrites the economics of the entire industry.
CONVICTION moderate high · RISK moderate · 3-7y
0 dossiers · updated 2026-07-29
Linde
NASDAQ · Long-Term Opportunities
The invisible utility of industry — gases every steel mill, hospital, and chip fab must buy, delivered through contracts that pay whether or not the customer runs.
CONVICTION high · RISK moderate · 5-10y
0 dossiers · updated 2026-07-29
Lockheed Martin
NYSE · Defense & Industrial Base
The prime of primes — a multi-decade F-35 annuity and a missile order book that exceeds capacity, carried on the legacy cost structure the entire procurement-reform movement is aimed at.
CONVICTION moderate · RISK moderate · 3-7y
0 dossiers · updated 2026-07-29
Mastercard
NYSE · Macro & Markets
The other rail in the payment duopoly — the same tollbooth economics as Visa, run by the historical number two that hedged its bets: heavier cross-border skew, a services business built early, and ownership of a piece of the account-to-account rails that threaten cards.
CONVICTION moderate high · RISK moderate · 5-10y
0 dossiers · updated 2026-07-29
McKesson
NYSE · Health & Biotech
The invisible tollbooth of American medicine — the largest of the three distributors that nearly every pill in the country flows through.
CONVICTION moderate high · RISK moderate · 3-7y
0 dossiers · updated 2026-07-29
Meta
NASDAQ · Behavior & Incentives
The largest live experiment in engineered human attention — an advertising machine so profitable it funds one of Earth's biggest GPU fleets and gives its AI away for free.
CONVICTION moderate high · RISK elevated · 1-3y
1 dossier · updated 2026-07-29
Micron
NASDAQ · AI & Compute
Memory bandwidth is the quiet bottleneck of AI compute — and Micron is the only American member of the three-company club that makes the memory feeding every GPU.
CONVICTION moderate high · RISK elevated · 1-3y
1 dossier · updated 2026-07-29
Microsoft
NASDAQ · AI & Compute
The demand anchor of the AI power story — its twenty-year nuclear contract told the market that compute demand is durable and the grid can't be trusted to supply it.
CONVICTION high · RISK moderate · 5-10y
1 dossier · updated 2026-07-29
Netflix
NASDAQ · Behavior & Incentives
The streaming war's last army standing — the subscription machine that proved nightly attention can be priced like a utility, and keeps raising the rate.
CONVICTION moderate high · RISK moderate · 1-3y
0 dossiers · updated 2026-07-29
NextEra Energy
NYSE · Long-Term Opportunities
The scale answer to where the electrons come from — America's largest renewables-and-storage developer, attached to one of its largest regulated utilities, with a nuclear restart as the kicker.
CONVICTION moderate high · RISK moderate · 3-7y
1 dossier · updated 2026-07-29
Northrop Grumman
NYSE · Defense & Industrial Base
The company carrying two of the three legs of America's nuclear-triad modernization — and the live lesson in what fixed-price contracts mean on frontier defense programs.
CONVICTION moderate high · RISK moderate · 5-10y
0 dossiers · updated 2026-07-29
Novo Nordisk
NYSE · Health & Biotech
The company that made obesity a treatable diagnosis — and the half of the GLP-1 duopoly now learning what it feels like to be chased.
CONVICTION moderate · RISK elevated · 3-7y
0 dossiers · updated 2026-07-29
NRG Energy
NYSE · AI & Compute
The Texas-shaped answer to AI load: millions of Reliant retail customers, ERCOT generation, and one of the only programs in America actually building new gas plants aimed at data centers.
CONVICTION moderate high · RISK elevated · 3-7y
1 dossier · updated 2026-07-29
NVIDIA
NASDAQ · AI & Compute
The tollbooth of the AI buildout — and the single best barometer of whether trillion-dollar capex expectations meet reality.
CONVICTION high · RISK elevated · 1-3y
1 dossier · updated 2026-07-29
NVR
NYSE · Housing & Land
The intellectual template of modern homebuilding — the option-based land model born of a bankruptcy that every large builder is now, twenty years late, trying to copy.
CONVICTION moderate high · RISK moderate · 3-7y
0 dossiers · updated 2026-07-29
OpenAI
Private Company · AI & Compute
The demand signal the entire capex supercycle descends from — ChatGPT created the consumer AI category overnight, and OpenAI's compute commitments now sit underneath more public-company theses than any other single firm's.
CONVICTION moderate high · RISK high · 3-7y
1 dossier · updated 2026-07-29
Oracle
NYSE · AI & Compute
The dark-horse AI cloud — a legacy database giant that sold years of future compute to the AI labs, and now has to build it.
CONVICTION moderate · RISK high · 1-3y
1 dossier · updated 2026-07-29
Oscar Health
NYSE · Health & Biotech
The technology-first insurgent testing whether software can fix health insurance — a pure-play bet on the ACA individual marketplace whose fate Washington will decide as much as Oscar will.
CONVICTION speculative · RISK high · 3-7y
0 dossiers · updated 2026-07-29
Palantir
NASDAQ · Defense & Industrial Base
The operating layer between government data and decision-making — and the template for how software eats the defense budget.
CONVICTION moderate high · RISK high · 3-7y
0 dossiers · updated 2026-07-29
Quanta Services
NYSE · Long-Term Opportunities
The workforce that actually builds the grid — every electricity thesis on this site eventually needs a lineworker, and Quanta trains and fields more of them than anyone else in America.
CONVICTION moderate high · RISK moderate · 5-10y
1 dossier · updated 2026-07-29
NYSE · Behavior & Incentives
Twenty years of pseudonymous humans answering each other's real questions built the internet's largest archive of authentic judgment — and the AI industry just started paying for it.
CONVICTION moderate · RISK high · 3-7y
0 dossiers · updated 2026-07-29
Regeneron
NASDAQ · Health & Biotech
The company that turned antibody discovery from an art into a production line — and is now being judged on whether the line still produces.
CONVICTION moderate high · RISK elevated · 3-7y
0 dossiers · updated 2026-07-29
Rheinmetall
XETRA · Defense & Industrial Base
Europe's rearmament decade compressed into a single order book — the one ticker where Zeitenwende, the loosened debt brake, and the NATO spending pledge all become contracts.
CONVICTION moderate high · RISK elevated · 3-7y
0 dossiers · updated 2026-07-29
Rocket Companies
NYSE · Housing & Land
The coiled spring of the rate cycle — a dormant refinancing machine that spent the downturn buying the search funnel and the servicing book so it owns the customer when rates finally fall.
CONVICTION moderate · RISK high · 1-3y
0 dossiers · updated 2026-07-29
Rocket Lab
NASDAQ · Long-Term Opportunities
The only company that has actually walked SpaceX's path — and the West's most credible bet on a second launch provider in the class where the national-security money lives.
CONVICTION moderate · RISK high · 3-7y
0 dossiers · updated 2026-07-29
Rockwell Automation
NYSE · Long-Term Opportunities
The nervous system of the American factory — when a production line comes home, odds are it gets wired around Rockwell's controllers.
CONVICTION moderate high · RISK moderate · 3-7y
0 dossiers · updated 2026-07-29
RTX
NYSE · Defense & Industrial Base
The purest large-cap expression of the restocking decade — Ukraine turned its air-defense catalog into the most-demanded hardware in the Western arsenal, with backlogs measured in years.
CONVICTION moderate high · RISK moderate · 3-7y
0 dossiers · updated 2026-07-29
Siemens Energy
XETRA · AI & Compute
The other half of the Western gas-turbine duopoly — with a grid-equipment business that is becoming its own bottleneck story.
CONVICTION moderate high · RISK moderate · 3-7y
1 dossier · updated 2026-07-29
SK Hynix
OTC · AI & Compute
SK Hynix bet on high-bandwidth memory when it looked like a niche — and now holds the most valuable supplier seat in the AI chain after TSMC: the memory NVIDIA's GPUs actually need.
CONVICTION moderate high · RISK elevated · 1-3y
0 dossiers · updated 2026-07-29
Southern Copper
NYSE · Long-Term Opportunities
The lowest-cost major copper reserves in the hemisphere — geology built to outlast every cycle, wrapped in the politics that keep it from growing.
CONVICTION moderate high · RISK elevated · 5-10y
1 dossier · updated 2026-07-29
S&P Global
NYSE · Macro & Markets
The meta-tollbooth — while Visa taxes spending, S&P Global taxes capital formation itself: nearly every bond pays for its grade and nearly every index fund pays a royalty on its benchmark.
CONVICTION high · RISK moderate · 5-10y
0 dossiers · updated 2026-07-29
SpaceX
Private Company · Long-Term Opportunities
The company that turned launch from a government program into an industrial process — and used that dominance to build Starlink, making space the infrastructure the West now depends on.
CONVICTION high · RISK elevated · 5-10y
0 dossiers · updated 2026-07-29
Spotify
NYSE · Behavior & Incentives
The default audio layer of daily life — an aggregator that won music streaming decisively yet rents its entire shelf from three record labels, making every strategic move a test of who really sets creator economics.
CONVICTION moderate · RISK elevated · 1-3y
0 dossiers · updated 2026-07-29
Stripe
Private Company · Macro & Markets
The payments layer the internet economy standardized on — still private, and now positioning to own how AI agents and stablecoins move money next.
CONVICTION moderate high · RISK elevated · 5-10y
0 dossiers · updated 2026-07-29
Stryker
NYSE · Health & Biotech
The demographics annuity: every year the population ages, more hips and knees wear out — and Stryker sells the replacements, the robot that installs them, and the room they're installed in.
CONVICTION moderate high · RISK moderate · 5-10y
0 dossiers · updated 2026-07-29
Talen Energy
NASDAQ · AI & Compute
Wrote the nuclear co-location template — it sold Amazon a data-center campus beside its Susquehanna reactor and forced regulators to decide how AI plugs into the grid.
CONVICTION moderate high · RISK elevated · 3-7y
1 dossier · updated 2026-07-29
Tesla
NASDAQ · Long-Term Opportunities
Three businesses trade under one ticker — a maturing car company, a quietly compounding energy business, and an option book on autonomy and robots that carries most of the valuation.
CONVICTION speculative · RISK high · 3-7y
1 dossier · updated 2026-07-29
Thermo Fisher
NYSE · Health & Biotech
The everything-store of science: a diversified royalty on how much the world spends discovering and manufacturing medicine, rather than a bet on any one drug.
CONVICTION moderate high · RISK moderate · 3-7y
0 dossiers · updated 2026-07-29
Toll Brothers
NYSE · Housing & Land
The luxury corner of housing where rate lock-in bites least — its equity-rich, often all-cash buyers answer to their portfolios, not their mortgage quotes.
CONVICTION moderate high · RISK moderate · 3-7y
0 dossiers · updated 2026-07-29
TSMC
NYSE (ADR) · AI & Compute
Every advanced chip on Earth passes through one company on one island — the deepest single point of concentration in the world economy.
CONVICTION high · RISK elevated · 5-10y
1 dossier · updated 2026-07-29
Union Pacific
NYSE · Long-Term Opportunities
The physical economy's western railroad — its weekly carloads are an x-ray of American industry, and its bid to merge with Norfolk Southern is the attempt to build the first true transcontinental line.
CONVICTION moderate high · RISK elevated · 5-10y
0 dossiers · updated 2026-07-29
UnitedHealth
NYSE · Health & Biotech
The vertically integrated machine inside American healthcare — insurer, pharmacy middleman, physician employer, and data plumbing in one company — now the political and regulatory target that integration made it.
CONVICTION moderate · RISK high · 3-7y
0 dossiers · updated 2026-07-29
Vertex
NASDAQ · Health & Biotech
The cleanest monopoly in medicine — one company owns cystic fibrosis outright, and is now spending that cash flow trying to own non-opioid pain.
CONVICTION moderate high · RISK elevated · 3-7y
0 dossiers · updated 2026-07-29
Vertiv
NYSE · AI & Compute
Everything between the grid connection and the chip — the power and cooling gear that decides whether a data-center shell actually becomes a computer.
CONVICTION moderate high · RISK elevated · 1-3y
1 dossier · updated 2026-07-29
Visa
NYSE · Macro & Markets
The larger half of the payment-rail duopoly — a basis-point toll on a meaningful slice of global consumer spending, and the incumbent every new money rail has to beat.
CONVICTION moderate high · RISK moderate · 5-10y
0 dossiers · updated 2026-07-29
Vistra
NYSE · AI & Compute
Owns dispatchable merchant generation in exactly the two markets where AI demand is colliding with tight supply — ERCOT and PJM — so when reserve margins tighten, the fleet reprices without building anything.
CONVICTION high · RISK elevated · 1-3y
1 dossier · updated 2026-07-29
Walmart
NYSE · Behavior & Incentives
The price-setter of American life — the retailer whose grocery aisles function as the household inflation index, now quietly converting its shelves and shopper data into the highest-margin business it has ever owned.
CONVICTION moderate high · RISK moderate · 3-7y
0 dossiers · updated 2026-07-29
Waste Management
NYSE · Long-Term Opportunities
The quiet monopoly of what everyone throws away — WM owns landfill capacity that modern permitting law guarantees can never be rebuilt, which makes a hole in the ground one of the most durable assets in the RC 100.
CONVICTION high · RISK moderate · 10y+
0 dossiers · updated 2026-07-29
Zillow
NASDAQ · Housing & Land
The attention layer of American housing — demand shows up on Zillow before it shows up in any transaction, making it both a business and a leading indicator.
CONVICTION moderate · RISK elevated · 3-7y
0 dossiers · updated 2026-07-29
D.R. Horton
Homebuilding
America's largest homebuilder as a lens on the structural housing shortage and the build-to-rent shift.
Constellation → next batch
The library grows weekly
Ninety-one roster companies remain — profiles are authored in batches, dossier casts first.
The complete roster, selected for systemic importance — not market cap. Full Intelligence Profiles are authored progressively as dossiers cover each company. For the wider listed homebuilding universe outside this roster, see The Builder Roster.
ARTIFICIAL INTELLIGENCE · 25
- NVIDIANVDA
- MicrosoftMSFT
- AlphabetGOOGL
- AmazonAMZN
- TSMCTSM
- ASMLASML
- BroadcomAVGO
- AMDAMD
- MicronMU
- SK HynixHXSCL
- OpenAIPRIVATE
- AnthropicPRIVATE
- OracleORCL
- CoreWeaveCRWV
- GE VernovaGEV
- Siemens EnergyENR
- Constellation EnergyCEG
- VistraVST
- NRG EnergyNRG
- Talen EnergyTLN
- VertivVRT
- Digital RealtyDLR
- EquinixEQIX
- Arista NetworksANET
- Dell TechnologiesDELL
FRONTIER · 18
- NextEra EnergyNEE
- CamecoCCJ
- Quanta ServicesPWR
- EatonETN
- Freeport-McMoRanFCX
- Southern CopperSCCO
- SpaceXPRIVATE
- Rocket LabRKLB
- AirbusAIR
- BrookfieldBN
- TeslaTSLA
- CaterpillarCAT
- DeereDE
- Rockwell AutomationROK
- Emerson ElectricEMR
- Union PacificUNP
- Waste ManagementWM
- LindeLIN
DEFENSE · 13
- PalantirPLTR
- Lockheed MartinLMT
- RTXRTX
- Northrop GrummanNOC
- General DynamicsGD
- L3HarrisLHX
- HIIHII
- AndurilPRIVATE
- KratosKTOS
- AeroVironmentAVAV
- RheinmetallRHM
- BAE SystemsBA.L
- BoeingBA
MARKETS · 13
- JPMorganJPM
- Berkshire HathawayBRK.B
- BlackRockBLK
- BlackstoneBX
- ApolloAPO
- Goldman SachsGS
- S&P GlobalSPGI
- CME GroupCME
- Intercontinental ExchangeICE
- CoinbaseCOIN
- VisaV
- MastercardMA
- StripePRIVATE
HOUSING · 10
HEALTHCARE · 12
- UnitedHealthUNH
- Eli LillyLLY
- Novo NordiskNVO
- RegeneronREGN
- VertexVRTX
- Intuitive SurgicalISRG
- StrykerSYK
- DanaherDHR
- Thermo FisherTMO
- Hims & HersHIMS
- Oscar HealthOSCR
- McKessonMCK
Profiles are analytical files, not recommendations. Ratings describe thesis exposure, not price targets.
The briefing, before it's obvious.
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