moatshift

Invest only in companies creating real, structural AI value — not hype or temporary commodity cycles. The cost of software is approaching zero; foundational AI infrastructure will compound.

Every candidate must pass a management quality gate. Serial missed deadlines, inflated guidance, or accounting irregularities are automatic disqualifiers regardless of AI exposure.

This is a multi-year compounding exercise, not a 90-day competition. Short-term volatility is not a sell signal. Sell only when the original thesis is materially invalidated.

Before opening any new position, a formal investment case must be written with scores for both the AI thesis and the moat. Both must score ≥ 6 out of 10 to invest.

High-conviction positions are preferred over diversification for diversification's sake. A single position may not exceed 50% of portfolio value.

Clean, well-governed, taxonomically rich data is the primary enabler of agentic AI workflows. One enterprise agent wins per company — platforms enabling that transition are favored.