60 days · 6 modules · 24 lessons · Beginner → Advanced
Fundamentals, valuation, risk management, and the craft of writing institutional-grade theses on real public companies.
Outcome: Publish a written investment thesis on a public company.
Learning outcomes
Read a 10-K with confidence and skepticism
Value a company three different ways
Read a chart without lying to yourself
Construct a portfolio that matches your thesis
Write a thesis that holds up to scrutiny
Roadmap
6 modules · 24 lessons · 1 capstone project. Designed as a guided, sequential program.
01
4 lessons
How markets actually work, and the mental models behind durable returns.
How Markets Actually Work
Liquidity, price discovery, and the participants.
Beginner · 12 min
Asset Classes & Risk Premia
Why stocks, bonds, and cash exist as a portfolio.
Beginner · 12 min
Time Horizon & Behavior
The investor's true edge is behavioral.
Beginner · 12 min
Fees, Taxes & Compounding
The silent killers of long-term returns.
Beginner · 12 min
02
4 lessons
Read financial statements like an analyst, not a tourist.
The Income Statement
Revenue, margins, and the quality of earnings.
Intermediate · 15 min
The Balance Sheet
What the company owns, owes, and what it really means.
Intermediate · 15 min
Cash Flow Statement
Why earnings can lie but cash usually doesn't.
Intermediate · 15 min
Reading a 10-K
The sections that matter and the ones that hide things.
Intermediate · 20 min
03
4 lessons
Use charts as a tool — not a religion.
Reading a Chart Honestly
Trend, support, resistance — without the mysticism.
Beginner · 12 min
Volume & Confirmation
What volume is actually telling you.
Beginner · 12 min
Indicators That Earn Their Place
Moving averages, RSI, and when to ignore them.
Beginner · 12 min
Entries, Stops & Position Sizing
The math of not blowing up.
Intermediate · 15 min
04
4 lessons
Move from picking names to running a portfolio.
Diversification That Actually Works
Correlations, factor exposures, and false diversification.
Beginner · 12 min
Position Sizing & Conviction
Kelly, risk parity, and rules of thumb.
Intermediate · 15 min
Rebalancing Rules
Calendar vs. threshold and when to override.
Beginner · 12 min
Drawdowns & Risk Management
Surviving the bad years.
Intermediate · 15 min
05
4 lessons
The craft of a memo that holds up under cross-examination.
Anatomy of a Great Thesis
What separates a memo from a pitch.
Beginner · 12 min
Variant Perception
Where your edge has to come from.
Intermediate · 12 min
Valuation Three Ways
DCF, comps, and reverse DCF — when each is useful.
Advanced · 20 min
Risks & Disconfirmation
How to argue against your own thesis.
Intermediate · 12 min
06
4 lessons
Publish a real investment thesis on a public company.
Pick Your Company
Selecting a name where you can actually have an edge.
Beginner · 12 min
Do the Work
Filings, transcripts, channel checks.
Intermediate · 30 min
Write the Memo
Thesis, valuation, risks, catalysts, sizing.
Advanced · 30 min
Submit for AI Review
Structured AI feedback and one revision pass.
Advanced · 15 min
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Capstone project
Pick a publicly traded company. Do the primary research, build a valuation, and publish a one-page investment thesis with your variant perception, catalysts, risks, and sizing.
Project builder
Apply what you're learning by building tangible deliverables — guided steps, AI suggestions, and an exportable final asset for each project.
Investment Thesis
A one-page thesis on a public company that holds up to scrutiny.
Stock Analysis Template
A repeatable framework you run on every name before sizing it.
Portfolio Strategy
Move from picking stocks to running a portfolio with intent.
Risk Management Plan
Rules that keep you in the game when the portfolio is wrong.
Performance Tracker
An honest scoreboard that separates skill from luck.
You are building a real asset, not just consuming content.