Framework Documentation
45 exhibits · every chart in the framework
The Framework in Pictures
Every exhibit the framework uses, in the order the book presents them. Each chart makes one claim and shows the mechanism behind it. Hover, tap, or pin any exhibit for the deeper explanation; sources and methodology sit behind its Details toggle.
Opening Part 1 · Foundation Part 2 · Lineage & Macro Part 3 · The Backbone Part 4 · Tax Architecture Part 5 · Construction Part 6 · Scoring
Opening
The shape of the whole system.
3 exhibits
L1 · The Window Opens — read it in context
L2 · Capital Has Weather — read it in context
Part 1 · Foundation
Why the traditional playbook fails.
8 exhibits
Part 1 also has a hand-drawn visual essay — seven exhibits, one claim each
01 · The Hedge Broke — read it in context
02 · Correlation Turns — read it in context
03 · Inflation Was Bigger — read it in context
04 · The Bill Came Due — read it in context
05 · Path Changes Everything — read it in context
06 · Survive the Path — read it in context
L3 · Govern the Thesis — read it in context
Part 2 · Lineage & Macro
Method before macro.
9 exhibits
P2-01 · Method Before Macro — read it in context
P2-02 · Ruin Comes First — read it in context
P2-03 · Conviction Needs an Exit — read it in context
P2-04 · Markets Feed Back — read it in context
P2-05 · Time Changes Prudence — read it in context
P2-06 · Capital Finds the Bottleneck — read it in context
P2-07 · Narrative Is Not Thesis — read it in context
P2-08 · Phase Changes Sizing — read it in context
Part 3 · The Backbone
Bitcoin as the convexity reserve.
7 exhibits
P3-01 · Power Law Holds — read it in context
P3-03 · Volatility Is the Toll — read it in context
P3-04 · Exposure Is Not Control — read it in context
P3-05 · Models Must Converge — read it in context
P3-06 · Accumulate, Don’t Trade — read it in context
P3-07 · Cold Storage to Borrow — read it in context
Part 4 · Tax Architecture
What the wrapper decides.
3 exhibits
P4-01 · The Tax Wedge — read it in context
P4-02 · Gross Is Not Net — read it in context
Part 5 · Construction
Postures, sizing, and governance.
10 exhibits
P5-01 · Three Jobs. One Cycle. — read it in context
P5-02 · Position Size Must Be Earned — read it in context
P5-03 · The Same Score Does Not Create the Same Position — read it in context
P5-04 · Ballast Preserves the Right to Buy — read it in context
P5-05 · Conviction Does Not Eliminate Binary Risk — read it in context
P5-06 · Conviction Requires Market Confirmation — read it in context
P5-07 · One Regime Force. Multiple Economic Expressions. — read it in context
P5-08 · Tax Drag Compounds Too — read it in context
P5-09 · When Correlation Rises, Diversification Shrinks — read it in context
Part 6 · Scoring
The two-score execution kernel.
5 exhibits
P6-01 · CIS Measures the Position, Not the Portfolio — read it in context
P6-02 · FIS Starts at 100 — read it in context
P6-03 · Good Assets Can Still Form a Bad Portfolio — read it in context
P6-04 · The Weekly Evidence Loop — read it in context
P6-05 · Failure Rarely Arrives All at Once — read it in context