Filtering signal from noise across US, European, and Korean markets
This article is a summary of “[Deep Dive] The Age of Q: Re-Mapping the Chip Supply Chain on a ₩3,200 Trillion Order Book,” published for subscribers on July 16, 2026. Figures and target prices are available in the original. Previous installments: “After HBM, We Look for Alpha in Front-End Equipment” (Jan 26) · Three-Month Check-Up … Read more
I live in Florence on a digital nomad visa. This post is about coworking in Florence: what four spaces actually charge, and what I learned using one for a month. Enough people are looking into this visa that I’ve been documenting the whole process, from application through settling in, and if you write about it … Read more
This article is a condensed version of the subscriber research published on 14 August 2026. The valuation figures and coordinates are available in the original. Buongiorno. After my last deep dive I sat down to check a single toxin name in my Korean Beauty coverage, and found that eight of my seeds — the individual … Read more
This article is a summary of the subscriber piece published on July 31, 2026. Figures and price targets are available in the original. In June’s back-end equipment deep dive, I argued that AI chip test was the binding bottleneck of this cycle, and that the field had grown while only one seed spot remained. A … Read more
There is a plain stone building on Via dei Benci, a few minutes from Piazza Santa Croce. No bell tower, no spire. Two words on the facade: CHIESA EVANGELICA. Most people walk past it on their way to the Uffizi. It is the Korean church in Florence, and on Sunday mornings the congregation inside sings … Read more
This article is a condensed version of “The €100,000 Arm and the $20,000 Body: Why I Still Haven’t Planted Humanoids,” originally published for subscribers on July 21, 2026. Valuation figures and price targets are available in the original. Opening. Humanoids. Physical AI. I am finally doing the deep dive — along with the reason I … Read more
This article is a condensed version of the subscriber deep dive published on June 29, 2026. The report was written with a market correction in mind, and a month on, its top pick has moved against the index and set an all-time high this past Friday. We are archiving the article here as well. Specific … Read more
The AI power war has begun, and Solar+ESS is emerging as the ultimate solution. Electricity is now more precious than GPUs. A single AI data center consumes as much power as an entire nuclear reactor. Yet when that electricity gets funneled into data centers, there isn’t enough left for ordinary industry and households. AI infrastructure … Read more
It has been five months since I outlined the structural growth drivers that would lead the market over the next half-year. https://blog.naver.com/growth_papa/223991700720 I find myself wondering: Is your portfolio currently filled with companies solving the most critical technical and policy bottlenecks? At this moment, capital is viewing Big Tech’s aggressive investments with a skeptical eye. … Read more
Sowing Seeds vs. Harvesting Profits in the 2026 World Order Commodity investment 2026 is quickly becoming the cornerstone of the new global economic order. Hello, readers. Growth Papa here. It has been three months since I first warned of the “commodity shock” triggered by escalating US-China tensions. Since then, we have witnessed a broad rally … Read more