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On Long-Term Investing: Why the Hardest Part is Sitting Still
Why do most investors fail? It’s not because they picked the wrong stock. They fail because they could not tolerate owning the right one.

Gregory Chassapis
Jul 228 min read


You Can’t Buy Your Way Out of a Fiscal Problem
The Treasury has spent the last month trying to talk the long end of the curve down, and the long end has declined the invitation twice. While it does not mean Treasury’s buyback program was a failure, it certainly means there are limits to what a debt-management tool can accomplish when the market is repricing duration, inflation and fiscal risk.

Gregory Chassapis
5 hours ago4 min read


Golden Dome
Golden Dome began as an executive order signed in January 2025, initially titled "The Iron Dome for America," directing the Pentagon to design and field a next-generation missile defense shield over the homeland.

Gregory Chassapis
Aug 145 min read


Robotaxis
Autonomy was once the domain of science fiction, but thanks to advancements in artificial intelligence and automotive technology, the first step in monetizing that idle asset is here in the form of robotaxi networks. How it will scale is another question entirely.

Gregory Chassapis
Jul 296 min read


Autonomous Sea Drones
In February 2024, a Ukrainian Magura V5 slammed into a Russian guided-missile corvette and sank it. It was the first time an uncrewed vessel had destroyed a warship in combat, and just as aerial drones are redefining aerial combat, sea drones are redefining naval combat.

Gregory Chassapis
Jul 165 min read


Nuclear Fusion is Closer Than You Think
Thirty years away? Maybe not. Unlike fission, which relies on splitting the atom, nuclear fusion works by forcing light atomic nuclei to merge. It’s the same reaction that powers the sun, and unlike fission, fusion produces no long-lived radioactive waste, cannot melt down, and runs on fuel that can ultimately be drawn from seawater.

Gregory Chassapis
Jul 94 min read


Solar Tax Credits: The Engine Behind a Trillion-Dollar Buildout
Tax credits can be an important prerequisite for self-sustaining industry. For domestic solar, two decades of federal support built the cost structure the market now takes for granted, and the 2025 rewrite of that support is reshaping the back half of a decade that promised to make it self-sustaining.

Gregory Chassapis
Jul 23 min read


Liftoff: The SpaceX IPO and the Repricing of the Space Economy
It’s finally here. SpaceX is going public in what will be the largest IPO in history

Gregory Chassapis
Jun 117 min read


Electric Vehicles
Electric vehicles are not new. In fact, they’ve been around for over a century, but what most people don’t know is that they were almost the norm. In the early 1900s, just after the very first automobiles began appearing on public streets, electric vehicles accounted for approximately one third of American cars. They were clean, quiet, and easy to operate compared to their noisy, hand-cranked gasoline-powered counterparts. As America ushered in the roaring 20’s, however, thei

Gregory Chassapis
Jun 105 min read


Why Quantum Matters
Computers have fundamentally changed the world. Now, change seems to be coming for them. Enter quantum computers.

Gregory Chassapis
Jun 54 min read


Pulling Carbon from Thin Air: Does Direct Air Capture Have a Future?
Of all the technologies competing to shape the next phase of the energy transition, few are as ambitious or as commercially intriguing as Direct Air Capture (DAC).Unlike point-source capture, which scrubs CO₂ from a smokestack, DAC can be deployed anywhere there is power and storage capacity, addressing emissions regardless of where they originated. That location-agnostic quality is part of what makes it viable, since it is one of the few technologies that can deliver permane

Gregory Chassapis
May 294 min read


Data Centers in Orbit: The Next Frontier for AI Infrastructure
The entire AI industry runs on the assumption that Earth will keep providing enough power, land, water, and silicon to support every chatbot conversation, every generated image, and every frontier model in training.
That assumption is not as safe as it was before mass adoption.

Gregory Chassapis
May 204 min read


Do We Have All the Critical Minerals We Need for Batteries?
Every electric vehicle on the road, every utility-scale battery storage project quietly balancing the grid, and every smartphone in a back pocket carries a small piece of an enormous bet. The bet is that the world can mine, refine, and deliver critical minerals such as lithium, nickel, cobalt, graphite, copper, and a handful of rare earths, fast enough to keep up with what we are asking of them.

Gregory Chassapis
May 134 min read


Small Modular Reactors
On December 2, 1942, beneath the bleachers of a squash court at the University of Chicago, a team of scientists led by Enrico Fermi carefully withdrew a set of cadmium control rods from a lattice of uranium and graphite blocks. The instruments confirmed what Fermi already suspected: a self-sustaining nuclear chain reaction was underway. There was no explosion, no flash of light- just the quiet clicking of Geiger counters accelerating into a steady hum. The atomic age had begu

Gregory Chassapis
May 84 min read


The Case for 4% Inflation and Why Equities Are Likely to Go Lower
It is clear to me the cocktail of risks that cloud the outlook means that inflation in the United States is likely to reach 4% or higher in the coming months, and that this trajectory, combined with a hawkish central bank, rising fiscal deficits, and elevated equity valuations, sets the stage for a meaningful correction in stock prices and no relief in sight for issues such as the affordability crisis Washington is so fond of decrying.

Gregory Chassapis
Apr 297 min read


The Kardashev Scale: Energy, Markets, and the Case for a Multi-Planetary Economy
In 1964, Soviet astrophysicist Nikolai Kardashev formalized the relationship between energy consumption and economic growth by introducing what is now known as the Kardashev Scale. Decades later, it remains one of the most effective lenses for understanding the interplay between energy, economic growth, and, increasingly, capital markets.

Gregory Chassapis
Apr 225 min read


Supersonic Flight
The next five to ten years could make or break supersonic travel’s comeback. Concorde will always remain an icon, but it is up to us to determine whether it will remain a a glimpse of what might have been, or a guide to what might still be.

Gregory Chassapis
Apr 134 min read


The Modern Energy Problem
Energy is not merely a technical problem to be solved by engineers or policymakers. It is the foundation of human civilization itself. Every meaningful expansion in prosperity from agriculture to industrialization to the digital age, has been powered by access to greater quantities of reliable energy.

Gregory Chassapis
Mar 304 min read


Geopolitical Turmoil in Iran: A Catalyst for Lower Long-Term Risk Premiums in Renewable Energy Investments
Over the long term, sustained oil price volatility stemming from the current Middle East crisis may enhance the economic appeal of the renewable energy ecosystem. Higher and more unpredictable fossil fuel costs, combined with the continued cost declines that accompany renewable scale-up, will accelerate the adoption of solar, wind, and energy storage technologies.

Gregory Chassapis
Mar 123 min read


Decarbonizing the Shipping Industry: Pathways to Zero-Emission Container Shipping
Global trade depends on an immense and largely invisible engine: a constant flow of ships moving goods across oceans every day of the year. Maritime shipping carries more than 80% of global trade by volume, making it indispensable to the modern economy, but the sector currently accounts for roughly 3%-5% of global greenhouse gas emissions, and without meaningful intervention, that share could climb toward 10% by 2050 if trade volumes expand as predicted.

Gregory Chassapis
Mar 23 min read
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