Welcome to BullionLabs

This is fundamental equity research for investors who want the story behind the ticker. My background is in architecture. I worked in that field for 15 years before a slowdown in real estate shifted my path. Fortunately, that transition gave me time to focus on a long standing personal interest.

For over a decade, I have studied how companies adapt to technological shifts. Operations, execution, and forward progress are what I watch closely. That interest eventually pulled me into the mechanics of financial statements. From there, it grew into full fundamental equity research on the companies I follow.

How I Cover Companies

I genuinely love analyzing businesses. Finding promising companies before the broader market catches on is what drives this. This coverage does not limit itself to one sector. If an asset has a real path to growing value, it counts.

I look at the full picture here, not just one metric. The story behind the company matters, along with the CEO and their track record of execution. So does the actual progress a company makes quarter over quarter. Beyond that, I dig into the numbers and size up the total addressable market. I also think through how a product or technology could ripple into other industries or everyday life. Short-term catalysts get separated from long-term direction here. Then comes a simple question: if this works, what does it actually change in the world?

Where the Research Comes From

I now have the time to pursue this full time, so I share new research here twice a week. Each piece starts with the numbers, drawing on company filings and investor presentations. Macro and market data from sources like MacroMicro, SEC filings, and Yardeni Research fills in the rest. From there, the thesis takes shape.

I hope you enjoy the approach. If you spot a company with an unpriced future or an unbeatable moat, send it my way below.