Latent Lines

Decisions in the latent space.

Current regime · CMU

+1.88%

since 2026-05-11

Lifetime

+287.56%

since 2018-01-31 · 95 months

202420252026−22%+55%+131%+208%+285%

Cumulative return on net cash invested, Oct 2023 – present. Vertical markers are weekly briefs. How this is measured →

Latest brief · 2026-05-24
The Uranium Stockpile and the GL V Silence →

Two nuclear facts defined the week. In Tehran, Supreme Leader Khamenei declared publicly that Iran's near-weapons-grade enriched uranium must remain inside the country, rejecting the core US demand in the ceasefire framework.

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