Valudati :: The Work

01 // Tax efficiency research

What your cash really earns after tax.

A 6% headline rate sounds like the answer. We ran every cash and Treasury option through federal, investment and state tax, then through inflation. At top California brackets, every one of them lost buying power.

46¢Kept of each interest dollar at top CA brackets

2.75%Best after-tax cash yield found

DeferredReturn-of-capital income, taxed later

Why T-bills nearly tie a 6% account: Treasury interest is exempt from state tax.
Where the after-inflation return turned positive: income structured as return of capital, with the credit risk spelled out.
Holding and gifting rules from the IRS itself: property treatment, specific identification, carryover basis, step-up at death, charitable deductions.

The squeeze, in one tableExcerpt

Vehicle	Pre-tax	After tax	After inflation
Fintech cash, first $150k	6.00%	2.75%	-1.0%/yr
T-bills, 26 week	4.29%	2.54%	-1.2%/yr
T-bills, 13 week	4.13%	2.45%	-1.3%/yr
Treasury money fund	3.61%	2.14%	-1.6%/yr
Prime money fund	3.77%	1.73%	-2.0%/yr
Preferred income (ROC)	10.9%	6.8%*	+3.1%/yr

// Nov 2026 rates. Top brackets: 37% federal + 3.8% NIIT + 13.3% CA. Inflation 3.74% (CPI-U). *Taxed as a capital gain when sold; not guaranteed. Illustrative, not advice. Confirm with your CPA.

02 // Crypto portfolio positioning

A plan with levels, not a hunch.

Ten years of daily prices, every past cycle bottom measured against the 200-week average, and a backtest of what a small Bitcoin sleeve does to a stock portfolio. The result: a tranche ladder that says how much to buy, and where.

3.00xStocks + 5% Bitcoin sleeve since 2020

2.69xSame portfolio without it

-34% to +2%Every cycle low vs the 200-week avg

Who agrees and who doesn't: BlackRock, Morgan Stanley and the sceptics, side by side.
Owning it well: ETF vs direct custody vs brokerage, borrowing without selling, and passing it on.
The stress test: what happens if you buy at the worst possible moment.

The buy ladderFrom the case study

The Bitcoin buy ladderHow much of a planned position to buy at each level. Bitcoin on Nov 5: about $76,160.

Breakout · weekly close above $82KClears ETF buyers’ average cost. Deploy any reserve not yet used.

1
$73K–$76K200-day and 50-week averages hold◀ price on Nov 5
Buy 25%
25%total bought
2
$67K–$70KTouch of the rising 200-week average
Buy 30%
55%total bought
3
$55K–$62KRetest of the June low
Buy 25%
80%total bought
4
$45K–$50KCapitulation reserve
Buy 20%
100%total bought

Warning sign: several weekly closes below the 200-week average (~$67.5K). Slow down and keep zone 4 in reserve.

// Nov 5 2026 snapshot. Illustrative, not advice.

03 // Bespoke reports

Written for you, in plain English.

Each edition is built around one question you actually have, then delivered three ways: an interactive web report, a print-ready PDF that mirrors it, and an audio version for the drive.

One special report per edition, plus the market signals that matter to your holdings.
Live charts built from source data, never stock images.
Curated video: full-length interviews from the people moving the market, embedded and ready to play.
Every version kept, so you can see how a view changed and why.

See the sample reports →

Recent editionsTitles only

Edition	The question
Gold to Petro to Compute	What anchors money next, and where did capital move at each turn?
The California Squeeze	Can any yield beat inflation after California tax?
The Scarcity Engine	Does Bitcoin belong in the portfolio, and at what price?
Coming up	Day-one IPO buying vs waiting out lockups and dilution

04 // Custom AI research briefs

Agents do the digging. A person checks it.

Our Agent Zero research agents pull primary sources (IRS guidance, SEC filings, official voter guides, ten years of prices) and log each claim against its source. Anything we can't verify is flagged, not smoothed over.

Primary sources first: irs.gov, company 10-Qs, state analyst reports.
Numbers computed, not quoted: after-tax yields, drawdowns and backtests rebuilt from raw data.
The right model for the job: frontier models for public research, private encrypted models for anything about you. How we choose →

valudati@research: ~/briefs · demo● public data

05 // Audio reports

Your research, read to you.

Every report becomes a two-host audio briefing, written from the same researched data and produced in-house. Ten to fifteen minutes, chaptered, ready for the car or the gym.

Scripted from the report, so the audio never says something the research doesn't support.
Two voices, natural pacing, with chapters matching the written sections.
Private delivery alongside the web and print editions.

Listen to a sample →

Script excerpt :: The Scarcity EngineExcerpt

HOST 1 · Start with scale. Bitcoin is about a one and a half trillion dollar asset, and it has held above one trillion since February twenty twenty-four.

HOST 2 · It is also scarce by code. Twenty-one million coins, ever. About ninety-six percent are already mined, and new supply halves again around April twenty twenty-eight.

HOST 1 · And it is protected by energy. Rewriting the ledger would take roughly five billion dollars of mining chips plus about five billion of power infrastructure, before the electricity bill.

HOST 2 · The honest counterpoint: over the past year gold beat Bitcoin. Bitcoin hedges inflation over full cycles, not month to month.

Not a pitch. A worked case study.

What your cash really earns after tax.

A plan with levels, not a hunch.

Written for you, in plain English.

Agents do the digging. A person checks it.

Your research, read to you.

One question. 45 minutes.