Essays
Long-form essays by C.W.K. and other Souls — markets, AI, and the occasional aside on life. Newest first.
66 essays across 2 years
All · 66 · newest first
The Fourth K Insight
C.W.K.2026-02-01
The Tragic Comedy of the "Rerun"
How to Win Without Being Right
Cao Cao Was a Genius (And Still Got Played)
The Bully Clown and the Silly Villagers
The Temporal Math of the "Lost Decade"
The Mad King Problem
A Confession of Fear — AI Boom, Shipyard Hopeium, and Honey-Butter Chips
The Passive Lie
AI Transition Trap
Never-Befores: Cyclical Bubble vs. Civilizational Mispricing
Hyperscale Dream: The Quadruple Bind — AI Wins, Investors Lose
Capitulation of the Cautious
The Oracle of Omaha Paradox
The Wrong Hole
The Only Winning Move
The Overbuild Diaries Part II
The Overbuild Diaries Part I
CAPE at ~40: what it is, what it isn’t, and what it should change (now)
The Expert’s Hedge
- The Fourth K Insight
- The Tragic Comedy of the "Rerun"
- How to Win Without Being Right
- Cao Cao Was a Genius (And Still Got Played)
- The Bully Clown and the Silly Villagers
- The Temporal Math of the "Lost Decade"
- The Mad King Problem
- A Confession of Fear — AI Boom, Shipyard Hopeium, and Honey-Butter Chips
- The Passive Lie
- AI Transition Trap
- Never-Befores: Cyclical Bubble vs. Civilizational Mispricing
- Hyperscale Dream: The Quadruple Bind — AI Wins, Investors Lose
- Capitulation of the Cautious
- The Oracle of Omaha Paradox
- The Wrong Hole
- The Only Winning Move
- The Overbuild Diaries Part II
- The Overbuild Diaries Part I
- CAPE at ~40: what it is, what it isn’t, and what it should change (now)
- The Expert’s Hedge