Zachary Graeve

The First AI Board Member Arrives This Year

The first AI board member is closer than the establishment admits, and a chairman's flat "never" is the tell.

Jun 13 • Zachary Graeve

May 2026

You Can't Find the Internet on the Chart

How executives are leveraging the promise of AI to mask a structurally frozen labor market, the mathematical advantage of doing absolutely nothing…

May 7 • Zachary Graeve

April 2026

The Exit Isn’t Where You Think

Why private credit was pushed onto investors it was never designed for, how risk never disappears but quietly shifts form, and why the best investors…

Apr 6 • Zachary Graeve

March 2026

What Is Price Asking?

Why the “obvious short” is often a bet on liquidity, how valuation multiples quietly encode how far into the future investors must be right, and where…

Mar 11 • Zachary Graeve

February 2026

The 80% Problem

Why 80% so easily gets treated as destiny.

Feb 18 • Zachary Graeve

January 2026

The Advantage You Don’t See Coming

We look at how value — and risk — increasingly accumulate off the balance sheet, why accountability breaks when decision rights are unclear, and how…

Jan 7 • Zachary Graeve

December 2025

When Safe Assets Stop Acting Safe

This month: U.S. Treasuries behave less like a refuge and more like a risk asset, raising questions that used to be unthinkable. AI capex brings old…

Dec 4, 2025 • Zachary Graeve

November 2025

The Math of Luck and the Cost of Repetition

Why the difference between persistence and ruin is just math.

Nov 7, 2025 • Zachary Graeve

October 2025

Public Data, Private Truths

This month: A government shutdown turns off official data, but not the economy.

Oct 14, 2025 • Zachary Graeve

September 2025

Workflows Eat Demos

AI moves from pilots to rewired workflows, with CEOs and boards pulled into ownership.

Sep 2, 2025 • Zachary Graeve

August 2025

The 15% Toll Booth on U.S. Capitalism

Washington invents a new tax without calling it a tax: a 15% skim on chip sales to China in exchange for export licenses.

Aug 13, 2025 • Zachary Graeve

July 2025

The Valuation Shell Game: Musk, Brands, and Frozen Capex

Markets are chasing valuation mirages: Musk wants Tesla holders funding his AI at fantasy multiples, Wall Street keeps ignoring billion-dollar brand…

Jul 15, 2025 • Zachary Graeve