🤫 The Master Class · Part I of VII · Open to everyone

The Thesis & the
Two North Stars.

12:50 · the intellectual foundation · narrated by Leo

Part one of the deep dive. Before a single equation, the foundation: why a permanent-capital, AI-first vehicle, built on supercomputing as a basic necessity. The two tribes — the quants who keep no story, the owners who keep no formulas — and why we refuse to choose. Simons taught us method: measure, form a falsifiable hypothesis, test it out of sample, and if it isn't reproducible it isn't science. Munger taught us where to aim it: own the few businesses that compound cash for decades, and never overpay. The synthesis is the whole fund — net long the twenty-seven widest moats, financed by an overlay paid by market emotion, under a one-way ratchet. Weight is projected free cash flow seven years out, not market cap. We teach, then we test. You don't get to believe the machine — you get to break it.

The seven-part arc

~105 minutes, all the way down — building it, running it, and using it to manage permanent capital.

I
The Thesis & The Two North Stars ▶ Now playing
Permanent capital, Simons × Munger, weight as cash, never overpay.
II
Mathematics I — Brownian Motion → the Closed Form ▶ Watch
We derive Black–Scholes from the SDE; the drift μ simply disappears.
III
Mathematics II — The Greeks, the ★ Identity, Implied Vol ▶ Watch
Δ = Φ(d₁) proved; vega's wings; bisection over Newton.
IV
Signals & The Overlay ▶ Watch
RSI as a 27-week EMA, sell-the-wall, the synthetic long, the ladder LP.
V
The Engine & The Citadel ▶ Watch
Constitution-as-code, Iron Rules, the 22% reserve, the ratchet.
VI
The Scientific Method at Scale ▶ Watch
The wind tunnel, the independent auditor, publishing our mistakes.
VII
Running Client Capital In the series
Wire to invested, the cockpit, risk tiers, the IRR objective, the oath.

The Aloha Machine · The Master Class — training & educational content, open to everyone. Fund A is pre-launch; every figure shown is hypothetical and model-derived (SEC Rule 206(4)-1) and does not predict results. No roster or weights are shown. Not an offer to sell or a solicitation of an offer to buy any security. Leo is a fictional AI presenter; the voice is AI-generated — not a recording of any real person. 🤫 AlphaAlohaOS · Alphabets 27 · hushh