
$PIGEONNo thesis.
No thesis.
Just pecks.
A pigeon became a hedge-fund manager.
It pecks BUY or SELL.

01 / The methodDue diligence: looked at it twice.
A very serious process.


Peck a button.

Call it strategy.

02 / Meet PeckOne bird.
One bird.
Entire committee.
Peck has a tiny tie, unlimited confidence, and no idea what a hedge fund is.
Character lore
Back to the method Chief Pecking Officer
Diversified across
three crumbs.
Different crumbs. Same conviction.
Peck's fictional portfolio
01
Bread
The core position.
02
Croissant
Exposure to flaky assets.
03
Mystery crumb
Research ongoing.

The quarter in coos.
Prepared by the investment committee. Reviewed by the same pigeon.

Fictional committee notesREVIEWED
- Market outlook
- Coo.
- Risk management
- Moved away from a bicycle.
- Next quarter
- Find a bigger crumb.
$PIGEON
The official $PIGEON address.
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