Publication record

Everything published. Nothing withdrawn.

Every note the firm has published, with the reference it was filed under and the position it disclosed on the day it went out.

References run in sequence from SER-0001 and are never reused, so a gap in this table would be visible. Nothing published has been withdrawn. A published note is not rewritten to change its conclusion or the position it disclosed; where a later note corrects an earlier one, it says what it corrects, and the correction stays with the later note. What each note concluded is in the note, where its conditions are attached to it.

Sequence check

13 of 13 references present. No gaps.

SequenceRefPublishedNoteTypePosition held
SER-00138 Nov 2026Uber: robots, start your engines!
NYSE: UBER · Position Review
ValuationLong
SER-00125 Nov 2026Flutter after Q3: who keeps the $100?
NYSE: FLUT · Position Review
ValuationLong
SER-001131 Oct 2026Intel Fab Watch, Issue 03: revenue before the customerMonitorLong
SER-001027 Oct 2026Porsche: a turbocharged recovery?
XETRA: P911.DE · Initiation
ValuationLong
SER-00098 Oct 2026Carnival is buying its shares. Moody's is still waiting
NYSE: CCL · Position Review
ValuationLong
SER-000822 Sept 2026Adobe is buying users. The bill comes due in 2027
NASDAQ: ADBE · Position Review
ValuationLong
SER-000719 Aug 2026Carnival Corporation: the recovery is priced in, the re-rating isn't
NYSE: CCL · Initiation
ValuationLong
SER-000611 Aug 2026Flutter Entertainment plc: a global compounder navigating a contained shift
NYSE: FLUT · Position Review
ValuationLong
SER-00058 Aug 2026Intel Fab Watch, Issue 02: building and subtracting at the same timeMonitorLong
SER-00046 Aug 2026Uber Technologies, Inc.: pricing 6% growth into a 20%+ compounder
NYSE: UBER · Research Note
ValuationLong
SER-000317 Jul 2026Intel Fab Watch, Issue 01: the baseline issueMonitorLong
SER-00028 Jul 2026Adobe: results keep improving, the multiple keeps falling
NASDAQ: ADBE · Initiation
ValuationLong
SER-00015 Jul 2026Flutter Entertainment plc: a sum-of-the-parts case for a contrarian long
NYSE: FLUT · Research Note
ValuationLong

13 notes, 5 Jul 2026 to 8 Nov 2026. This table is built from the notes themselves, so it cannot disagree with them.

What the two types mean

Valuation

The note puts a number on the company and argues a position. The figures are the arithmetic consequence of the assumptions stated beside them, not forecasts or targets.

Monitor

The note tracks developments and explains their mechanics, and offers no view on the price or value of any security at all.

Why the position is on this page

Because a reader is entitled to know the firm had money behind the argument, and which way, before weighing it — and to be able to see that across everything published rather than one note at a time.

A position shown here was accurate on the day that note published. It may have changed since, without notice. What follows from that is set out with the firm’s regulatory status.