Subscribe
Sign in
Home
Notes
Archive
About
Latest
Top
Cheap Capital Is Not a Business Model
The AI buildout is real and the capital is abundant. Neither guarantees a return.
Aug 18
•
Bryan Kaus
The Gate
Some books you have to live before you can understand
Aug 11
•
Bryan Kaus
It Worked There, It'll Work Here
Precedent is not evidence. The conditions that produced it are, and they usually stay behind.
Aug 4
•
Bryan Kaus
July 2026
Tesla Is Trying to Become a Different Company
The market is right to question the cost. It may still be underestimating the scale of what Tesla is trying to become.
Jul 28
•
Bryan Kaus
The Love of the Marvelous
And the Disbelief of the True
Jul 21
•
Bryan Kaus
The Pattern Is Not the Point
Capital is rarely destroyed by a bad forecast. It is destroyed by an assumption nobody went back to check.
Jul 14
•
Bryan Kaus
1
The Manufacture of Certainty
Why belief hardens out of repetition, what that costs in markets and boardrooms, and how the disciplined operator plans in scenarios instead of…
Jul 7
•
Bryan Kaus
June 2026
From Gas Molecule to Grocery Bill
How an energy chokepoint becomes fertilizer pressure, farm economics, and eventually food inflation.
Jun 30
•
Bryan Kaus
No Reservations ⚡
The power grid is done holding capacity on a promise. FERC and Texas moved the same day to bring the rules in line with a fast-evolving power markets
Jun 23
•
Bryan Kaus
Sustainable Aviation Fuel: A Hedge, Not a Hero
The fuel aviation bet its future on could cover seven and a half days of a single oil shock. The shortfall was never in the refinery capability. It was…
Jun 16
•
Bryan Kaus
1
The High Cost of Being Right
John Meriwether, Long-Term Capital Management, and the risk of elite competence without humility
Jun 9
•
Bryan Kaus
AI Has a Pipeline Problem: Part 2
Capital, jobs, energy stacks, and the local constraints that decide the winners
Jun 2
•
Bryan Kaus
This site requires JavaScript to run correctly. Please
turn on JavaScript
or unblock scripts
