Field notes
Field notes
Notes from the allocation desk on NFT holding hygiene, long-horizon token books, and private-wealth practice.
Quiet markets and loud family meetings
Allocation memos earn their keep when prices are calm and governance is not. A note from recent private-wealth sessions.
Preparing a private holdings brief for the desk
A clean brief shortens the review. Here is what we ask clients to gather before a Busan desk engagement begins.
NFT concentration is not the same as taste
A collection can be thoughtfully curated and still dangerously clustered by creator, marketplace era, or contract pattern.
When a long-term token book needs a horizon map
Private books drift when every purchase inherits the same “long-term” label. A horizon map restores discipline without pretending prices are destiny.