Anthropic

Beyond the Sharpe Ratio: Why Tail-Risk Hedging Is Essential in Bitcoin’s Fat-Tailed Markets

A long-only Bitcoin strategy with a target Sharpe ratio of 0.8–1.2 and 60–70% volatility is an inherently risky proposition. The…

3 weeks ago

The attention economy as a financial asset

The thesis puts forward a five-part proposition: (i) the "vital energy" mentioned in the source text is formally isomorphic to…

3 weeks ago

Prospective Trajectory of SpaceX as an Infrastructure

SpaceX is not a blockchain protocol, a crypto cloud, a native DePIN network, or an on-chain payment processor as of…

4 weeks ago

Profitability and margin structure. Quantified comparison of SpaceX (Q2 2026) vs hyperscaler models (AWS, Azure/Microsoft Cloud, Google Cloud, Meta AI infrastructure).

https://www.steelldy-indices.com SpaceX has a gross margin of 55.3%, but negative operating and net margins (-1.8% and -6.9%). Only Starlink connectivity…

4 weeks ago

Titrisation via SPV (Special Purpose Vehicles) dans le secteur de l’IA et de l’infrastructure critique

Le secteur de l'IA et des infrastructures critiques observe une montée en puissance du financement via des véhicules spéciaux (SPV)…

9 months ago

AI 2024-2030: The Paradox of the Speculative Bubble and the Sequential Technological Revolution

IA 2024-2030 : le paradoxe de la bulle spéculative et de la révolution technologique séquentielle L'IA est une bulle spéculative…

9 months ago