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REFINED JOURNAL

Capital

How money behaves over time, and how the people who understand it behave around it.


The face he never let anyone see

The face he never let anyone see

Behind the most powerful face in American finance was a man hiding from cameras.

4 min read

•

Jul 12, 2026

Losing on purpose

Losing on purpose

An essay about losing capital, distribution, and pretty much everything.

9 min read

•

Jul 5, 2026

Why Munger read five hours a day

Why Munger read five hours a day

Charlie Munger built a fortune and refused almost everything it could buy.

4 min read

•

May 24, 2026

The mathematics of enough

The mathematics of enough

A long essay from me, three months in the making.

10 min read

•

May 15, 2026

The actor who solved money

The actor who solved money

Paul Newman treated his fortune as a problem worth solving before it solved him.

3 min read

•

May 10, 2026

Six tankers, no money down

Six tankers, no money down

A young Greek outsider walked into a shipyard with terms no one had used before.

3 min read

•

May 3, 2026

Why Steve Jobs hated ugly products

Why Steve Jobs hated ugly products

Even the invisible parts had to matter.

2 min read

•

Mar 17, 2026

The clause Ferrari refused to accept

The clause Ferrari refused to accept

When one clause changed the future of racing.

3 min read

•

Mar 7, 2026


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