The Inversion Investor

The Inversion Investor

Dodging Bullets in a Dirty Game

Peter Pham's avatar
Peter Pham
Dec 23, 2025
∙ Paid

One of the strangest things about operating close to markets — really close — is how often you find yourself brushing past situations that later turn out to be radioactive.

Not because you’re clever.
Not because you’re lucky.
But because you instinctively avoid entanglement.

Over the years, I’ve had repeated moments where someone reached out from what looke…

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