Felix — My Investment Journal

August 2026

How China’s Hidden Oil Demand Will Break the Global Economy
US strategic petroleum reserves decline to year lows to cushion the impact in the loss of global oil supply. Saudi crude exports have dropped…
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The Best Proven Way To Build a $90 Billion Fortune
Venture capital is a trap — Mark Leonard built a $90 billion empire by breaking every single rule in silicon valley
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The Cash Generating Machine That is Making a Fortunate By Losing Money
A Competitive Advantage Analysis on an Insurance Company That Great Investors Would Buy (If They Could)
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HEICO — The Billionaire Family Behind The 47,500% Return
Being a Contrarian is Lonely, But it Always Pays
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The Grid Beneath Everything: A White Paper on Value Arbitrage in Regulated Electric Utilities
How the Infrastructure That Powers Civilisation Is Measured by Accountants, Mispriced by Wall Street, and Understood — Correctly — Only by the People…
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The Invisible Runway: A White Paper on Value Arbitrage in Airline Airport Slots
How the Most Defensible Asset in Commercial Aviation Sits at Near-Zero on the Balance Sheet — While Lenders, Governments, and Sophisticated Acquirers…
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The Invisible Franchise: A White Paper on Value Arbitrage in Banking's Core Deposit Intangible
How the Most Valuable Asset in Community Banking Has Never Appeared on a Balance Sheet — and Why the Market Keeps Paying the Wrong Price Because of It
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July 2026

Money That Isn't Yours but Works Like It Is: A White Paper on Value Arbitrage in Insurance Float
How the Liability Side of an Insurance Balance Sheet Contains the Most Powerful Unrecognised Asset in Finance — and Why the Market Keeps Pricing It as a…
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The Footnote Nobody Reads: A White Paper on Value Arbitrage in Steel Distribution and Iron Ore
How an Obscure Accounting Election Hides Billions in Plain Sight — and Why the Market Keeps Walking Past It
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The Ship Has a Price Tag: A White Paper on Value Arbitrage in Maritime Shipping
How the Only Sector Where the Primary Asset Has a Live, Published, Weekly Market Price Still Gets Chronically Mispriced by Earnings Models
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The Power Behind the Metal: A White Paper on Value Arbitrage in Aluminium Production
How the World's Second-Most-Used Metal Is Mispriced by Every Conventional Financial Metric — and Correctly Valued Only by the People Who Understand What…
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