The Partners
Behind the Suits
gg no re
Est. in the rubble of every liquidation
We considered leverage. Then we didn't.
Many called us the dumbest investors they ever met. Again, we prefer making money to engaging with those who don't.— The Partners
Some buy the rumour, sell the news. We buy the rumour, ignore the noise, fade the fearmongering, and hold the spot bag until we're right.— On our process
We're thematic investors, you see. I guess we just like making money more than we like leverage.— On Our Strategy
Yeah, no — I considered using leverage. Then I didn't.— Every Quarter, Actually
Honestly, I think just sitting spot is the way to go here.— Profound Market Analysis
Market looks good here. Going to just sit spot.— Also Our Strategy
Cockroaches have survived five mass extinctions. They don't use leverage. They don't carry debt. They don't get rekt by market makers at 3am because they were in a 50× position.
The thing that kills you in markets isn't a bad thesis. It's impatience. It's leverage. It's letting someone else's liquidation engine decide your exit.
We hold liquid spot bags of assets we believe in. We don't trade. We don't hedge. We don't pretend we're smarter than the market on a day-to-day basis. We just refuse to die.
Position sizing follows a form of the Kelly Criterion — bet in proportion to your edge, never more. It's a mathematical framework developed by Bell Labs in 1956 that tells you the optimal fraction of capital to allocate to any given position. Most people ignore it and oversize. We don't.
That's the whole strategy. You're welcome.
All positions held spot. No derivatives. No counterparty risk.
Privacy must enable something tangible — in the context of a monetary asset it enables fungibility, security, and censorship resistance. Privacy becomes the network effect that enables the money itself. Ten years of ZK research. A cryptographic moat you cannot copy. We think this is a generational project.— Privacy, Solved.
ZEC is private storage of value. NEAR Confidential Intents moves it privately across any chain. Swiss bank account in your pocket.
The Internet of Finance. Hyperliquid is building the connective tissue between on-chain crypto and traditional financial markets — an orderbook-native chain where anything can be traded, settled, and cleared without a centralized intermediary extracting rent. The team is exceptional. The execution is relentless. We're sitting spot, and we're patient.— Internet for Money. Connecting TradFi.
The base layer. Hardest money ever invented. Fixed supply, decentralized issuance, ten years of proof that no government, no crisis, and no market maker can kill it. Every other position in this portfolio is denominated against Bitcoin as a reference point. It is the cockroach of assets — older than most crypto traders' careers, and still here. We hold it because the alternative is trusting someone else's printer.
Every gold rush needs a pickaxe seller. Pump.fun is the infrastructure layer for the meme coin economy — the launchpad, the factory floor, the casino cage window. It doesn't need to pick winners. It just needs people to keep playing. The business model is elegant in its simplicity: chaos as a service. We're not betting on any single meme. We're betting on the machine that mints them.— Sell the picks, not the gold.
The original working name for Robinhood was CashCat. Someone made a meme of it. Now it's listed on Robinhood itself — the first meme coin they've listed in over a year. That's not a coincidence. That's a narrative with a distribution engine behind it. Robinhood has tens of millions of retail users who are one notification away from discovering this. CASHCAT is the flagship meme of the chain, and Robinhood is going to send it.— Put the cash in the cat.
In 2017, eight Google researchers published "Attention Is All You Need" — the paper that made modern AI possible. All eight authors left Google. Every company they built is private, locked up, accredited investors only. Except one. Illia Polosukhin co-founded NEAR Protocol — a liquid token you can buy right now on any exchange. Real users, real fees, real product.
The original DEX. Still the most liquid, most forked, most referenced protocol in DeFi. Everyone copies it, no one beats it. The fee switch has passed — UNI now buys back and burns, meaning the token finally captures the value it was always generating. If on-chain trading is the future, Uniswap is the plumbing. And now it gets paid like it.
Stablecoins are the killer app of crypto. Not DeFi. Not NFTs. Stablecoins. USDC is already moving trillions in settlement volume and Circle is the infrastructure behind it. As dollar-denominated digital money becomes the default rails for global commerce, someone has to issue and manage it. We think Circle is that company. This is a long term bet on stablecoins becoming the internet's native currency.— The dollar, but actually useful.
The thesis is simple: AI should be a private, uncensored, decentralised utility — not a corporate product that reads your prompts, logs your queries, and sells your data back to you. Venice AI is building exactly that. Founded by Erik Voorhees — one of the original Bitcoin pioneers, founder of ShapeShift, a man who has been right about decentralisation longer than most people have known what the word means. If anyone was going to build the uncensorable AI layer, it was him. We're in.— AI for the rest of us. Private by default.
Not financial advice. We are two cockroaches in suits.
gg no re