Research
In-house research, from practice
Capital Markets · Real Estate · Family Office & Private Wealth
We publish selected work from managing our own portfolio: theses, data and their limits, no paywall, no sales intent. We write on the family office ecosystem, real estate and capital markets. If you are interested, we welcome your feedback, intellectual exchange, and constructive criticism regarding our insights.
Capital Markets
Riding the Amplifier
An original distribution test across 1,000 US and 166 European names, the counter-thesis of momentum crashes, a real-time postscript.
Real Estate
Real Estate 2036
AI reprices the labor that every building is built on. Twelve early indicators, the countercase at full strength.
Capital Markets
The Edge of Tail Risk Catching
Tail risk hedging as the portfolio’s fire policy: 26 drawdown episodes, Liberation Day, the House of Hedging.
Family Office & Private Wealth
In progress
Further work on the family office ecosystem, the private wealth scene and the hedge fund world is in preparation. This section grows.
Ongoing notes and opinions: David A. Pieper on Substack · LinkedIn