INAUGURAL LETTER · 7 AUGUST 2026
TO THE HOLDERS
OF $STONKS
Fellow holders,
Stonks has always been less a financial theory than a simple observation: there is a man, there is a chart, and the chart is going up.
Markets change. Cycles turn. Institutions discover expensive new words for old mistakes. Through it all, the image has endured because it reduces the entire financial system to its preferred conclusion.
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