Airbnb: What the Bears Are Missing (Part 1)

An accelerating flywheel, a widening moat—and a market still extrapolating the past.

May 10

10

1

1

January 2026

Portfolio Performance Review

A final year-end scorecard before the Aquitaine Variant Portfolio reset.

Jan 5

7

1

December 2025

Pulse Check on $LULU

Up $35/share since publication, CEO stepping down—what now?

Dec 14, 2025

5

1

November 2025

Introducing the Aquitaine Model Portfolio

The framework behind Aquitaine’s concentrated, long-only portfolio.

Nov 29, 2025

15

3

Three Interesting Stocks

Months of research condensed into ~3,000 words

Nov 26, 2025

13

2

2

Lululemon (LULU): An Asymmetric Bet

Why I think the stock offers >50% upside from here

Nov 16, 2025

8

1

4