Issue #150May 1, 2026
150 issues in — the five rules that survived every market.
After 150 weekly breakdowns, these are the five underwriting rules we never break.
Playbook
One hundred and fifty issues. Hundreds of deals.
Across every one, five rules kept showing up — the ones that separated the deals that performed from the ones that only looked good on a spreadsheet. This is the playbook, distilled.
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