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Kowloon Crescent

Long-term investor focused on durable moats, disciplined value, and compounding over time. Not investment advice

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Substack
PricingOnly free issuesPublishesWeekly
Issues8Founded3 months agoLast Issue6 days ago
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Latest Issues

The Best Business in the Sky Isn't an Airline

Somewhere in the world, right now, a narrowbody jet is leaving the ground powered by an engine from CFM International. And another one. And another. CFM engines power roughly three of every four commercial narrowbody flights on earth, which...

6 days ago
13

Letter Zero: Why I'm Writing This

My first semi-annual letter arrives in January 2027, with real numbers and real accountability. This one is just about who I am, how I got here, and the rules I’m playing by. If you’re going to read my letters twice a year, you deserve to k...

15 days ago
9
4

The Best AI Trade Has No GPUs in It

There’s a moment in every market cycle where I feel like a dinosaur. AI is eating the world, everyone’s trading quantum stocks, and I’m over here reading the 10-K of a company whose main product is — no joke — crushed rock.

That company is...

17 days ago
5

Monthly Portfolio Update #1: Fully Invested, Finally — $120K Portfolio vs S&P 500.

Monthly Portfolio Update — Month 1: Fully Invested, Finally

28 August 2026

Welcome to the first monthly update on this portfolio. Quick ground rules before the numbers: this portfolio started on 24 June 2026 with USD 120,000 of seed cap...

a month ago
18
7

Why I Just Bought Netflix (While Everyone Else Was Selling)

Netflix stock is down about 38% from its 52-week high of $126. It’s trading around $80 as I write this, mostly because of a selloff after July’s earnings report. I get why people dumped it. I just think they’re wrong.

Here’s the thing that...

a month ago
11
6

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  • Kowloon Crescent

    Ex-FX trader investing a real $120K portfolio publicly from June 2026. Concentrated bets, durable moat, long horizon value investing. Not investment advice.

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