Investment narrative check

A retroactive index of capital-structure and narrative-vs-receipts calls we've already published — no new writing, just pulling one thread out so it's measurable on its own.
5 pieces

Daily brief Jul 30, 2026 32 sources
AI Solved a Math Conjecture Open Since 1997, and This Time the Verification Chain Is Complete: Machine-Checked at Every Step, Hand-Checked Line by Line by All Three Authors. But the Credit Went to the Wrong Model — the Professor Says He Used Last-Generation 5.5 Pro; OpenAI's President Billed the New Flagship 5.6
A statistics professor used ChatGPT to generate a proof, had a machine verify it step by s…
Deep dive Jul 30, 2026 1 sources
The Guarantor Falls, the Guaranteed Rise: Circular Financing Is Now Priced in the Bond Market (July 29, 2026)
The deep dive "The Guarantor Falls, the Guaranteed Rise: Circular Financing Is Now Priced …
Daily brief Jul 29, 2026 33 sources
Nvidia Fell 5% on News It May Backstop OpenAI. The Viral Read — "The Market Has Turned" — Compares the Wrong Companies; the Real Signal Is in the Bond Market, Where Insuring Nvidia's Debt Doubled in Price to a Record in One Month
News broke that Nvidia may backstop up to $250 billion of OpenAI's data-center financing, …
Deep dive Jul 29, 2026 23 sources
The Guarantor Falls, the Guaranteed Rise: Circular Financing Is Now Priced in the Bond Market
Start by laying out what happened on July 27. Before Monday's open, The Wall Street Journa…
Daily brief Jul 28, 2026 24 sources
Kimi K3's Weights Are Open — With a License That Says Big Companies Sign First. "Open Weights" No Longer Means "Free for Commercial Use," and Only One of Ten Chinese Labs Followed
Moonshot AI, the Chinese lab behind the Kimi models, published the weights of its new flag…