Michael Yi · Independent investment research
Notes on technology, digital assets and the infrastructure shaping what comes next. Written theses, visible risks, and a disciplined portfolio process.
Educational content only. These notes are not financial advice, trading signals, or personalized investment recommendations.
A review of my technology, energy, robotics and digital asset portfolio through this week's market rebound, rate moves and diverging crypto performance.
The research journal
An archived August 7, 2026 disclosure of portfolio themes and a cumulative €2,200 investment in NVTS. It does not represent current holdings.
A practical framework for thinking about investments through cash flow, downside risk, and the time needed for a thesis to mature.
A repeatable checklist for reviewing a possible position before capital is committed.
Investment philosophy
The site is structured like a lightweight investment research desk: clear universe, written theses, risk controls, review cadence and disclosure.
Public companies and infrastructure themes where long-term demand may compound through semiconductors, cloud, energy systems and automation.
Crypto networks and protocols reviewed through liquidity, usage, token structure, unlock pressure and market cycle risk.
Position sizing, concentration review, currency exposure and drawdown planning before adding or increasing exposure.
A written record of thesis quality, mistakes, review triggers and monthly portfolio behavior.
Portfolio archive
This historical disclosure contains earlier account estimates and the August 7, 2026 position update. It does not represent the current portfolio.
Cumulative amount invested in Navitas Semiconductor; not current market value
PENDLE, BTC, ETH, USDT and earn balance
Primarily Akash Network, with a small SOL balance
Primarily PENDLE, with small USDT and NFP balances
Historical record: account estimates and the NVTS investment amount refer to different dates. Current holdings and balances have changed; an updated list has not yet been published.
Power semiconductors, chip equipment, stablecoin rails, grid power, robotics and autonomy
BTC, ETH, decentralized compute, crypto yield and liquidity
Dry powder, transfers, staking liquidity and drawdown control
High exposure to volatile growth and crypto assets
Concentration in AI, energy, robotics, and digital asset infrastructure themes
Currency exposure across EUR, USD, BTC, and stablecoins
Platform fragmentation across multiple brokerage and crypto accounts
Every major position needs a written thesis and a failure condition
Position size should reflect liquidity, volatility and confidence quality
Portfolio reviews should separate thesis change from price movement
Public writing should document process, not sell certainty
Research operating system
Inspired by the transparency and repeatability culture of open-source quant tooling: documented assumptions, modular analysis and visible risk checks.
Track themes, catalysts, public filings, protocol data and market structure changes.
Write the base case, bear case, time horizon, sizing logic and failure condition.
Check liquidity, concentration, valuation, tokenomics, drawdown path and currency exposure.
Classify as core, satellite, watchlist or avoid. No live trading automation.
Compare outcome with original assumptions and update the research journal.
Memo structure
The blog is designed around repeatable thinking, not market noise. Each article should make the process easier to audit later.
What needs to be true for the investment idea to work.
What can permanently damage the thesis or the portfolio.
How much uncertainty the portfolio can reasonably carry.
What would require a fresh decision instead of passive holding.
Topics
Simple categories that can grow as your public investment writing grows.
Professional disclosure
This website documents personal investment research and portfolio thinking. It is not a fund, financial advisory service, solicitation, trading signal provider, or promise of performance. All positions and themes can change without notice.
Read full disclaimer