Conviction & evidence · 2026-08-05 Variant A — cap=4 (published today) basis invested_capital
Evidence rows shown
16
of 96 scored
Grid cells
16
4 majors × 4 horizons
Parcels
22
distinct documents
Publishers
6
houses read
Emerging
41
26 name a holding
Rows inverted
10
research against the book

Conviction grid

short
medium
long
future
AI
+0.30 · 5d ◆
+0.42 · 6d
+0.40 · 5d
+0.50 · 3d
Energy Infrastructure
+0.17 · 3d
+0.00 · 2d ◆
+0.33 · 3d ◆
+0.67 · 3d
Minerals
+0.17 · 3d ◆
+0.17 · 3d ◆
+0.50 · 2d
+0.00 · 1d
Power Generation
+0.32 · 11d ◆
+0.23 · 11d ◆
+0.39 · 9d ◆
+0.44 · 8d

Signed conviction per major × horizon · Nd = documents scored · ◆ = houses contested (majority direction not settled). 16 cells; the panel shipped 4.

Per-major row budget

AI — 4 shown / 19 scored
Power Generation — 4 shown / 54 scored
Energy Infrastructure — 4 shown / 11 scored
Minerals — 4 shown / 12 scored

Evidence — 16 rows

MajorSub-themePublisherHor.SignalConv.Fund signWt %TickersCites
AIai-capexS&Tlongbull+0.50aligned11.3KOSPISPX2
AIai-capexS&Tmediumbull+0.50aligned11.3KOSPISPX1
AIai-capexS&Tshortbull+0.50aligned11.3KOSPISPX2
Power Generationasia-refining-marginsJP Morganlongbull+0.50aligned4.6EEMILFJPKBWEFTMCXUKX3
Power Generationasia-refining-marginsJP Morganmediumbull+0.50aligned4.6EEMILFJPKBWEFTMCXUKX1
Power Generationasia-refining-marginsJP Morganshortbull+0.50aligned4.6EEMILFJPKBWEFTMCXUKX2
Power Generationai-hyperscaler-power-demandGoldman Sachsfuturebull+0.50inverted—CEGNRGVST2
AIai-capexS&Tlongneutral+0.00aligned11.3—1
Energy InfrastructureelectrificationJP Morganfuturebull+0.50aligned3.8AUTO LNNEX FP1
Energy InfrastructureelectrificationJP Morganlongbear-0.50aligned3.8AUTO LNNEX FP1
Energy InfrastructureelectrificationJP Morganshortneutral+0.00aligned3.8AUTO LNNEX FP1
Mineralschina-central-bank-buyingThe Market Earlongbull+0.50aligned63.4GLDGVZ2
Mineralschina-central-bank-buyingThe Market Earmediumbull+0.50aligned63.4GLDGVZ2
Mineralschina-central-bank-buyingThe Market Earshortbull+0.50aligned63.4GLDGVZ2
Mineralsgold-breakoutThe Market Earlongbull+0.50aligned32.1GLDGVZ2
Energy Infrastructuregrid-technologies-backlog-growthGoldman Sachsfuturestrong-bull+1.00aligned3.5ENR1N.DE1