Sorites Research · Independent investment research
One grain is not a heap.
Add another. Still not a heap.
Then, somewhere, the market reprices.
Nobody can say which grain did it.
Independent research · Est. 2026
Locate the Grain
No single fact tells you what a business is worth. At some point the market reprices anyway. We publish dated, falsifiable theses on where that point is.
Read the researchThe Future Has a Past
The Ledger · latest theses
SR-001The Agent Multiplication EffectFoundationalVersion 1.0
Publication dates record public release, not investment performance.