Insights
Perspectives on investing, markets, and corporate governance

Bitcoin in 2026: Institutional Capital, Regulation, and the Supply Shock Nobody Prices Correctly
Spot Bitcoin ETFs have crossed $128 billion in combined AUM. BlackRock, Fidelity, Schwab and Morgan Stanley together oversee nearly $48 trillion in assets. Meanwhile, Bitcoin produces only ~$33 million of new supply per day. Even a 0.5% portfolio reallocation from this subset would flow in at roughly 20 times the pace of new issuance. Capital adapts. Supply does not — and that asymmetry is the story of 2026.

Marianne Coq: The French 20-Franc Gold Coin (Rooster) That Became a European Classic
More than a French gold coin, the Marianne Coq is a small piece of monetary history: a Third Republic symbol, a product of the long 20-franc gold standard, and one of the most recognizable trade-gold formats in Europe.

The Cry of an Economy Without Industry and Without Goods Production
An economy that does not produce, process, or build sustainable industrial supply chains remains fragile, dependent, and exposed to external shocks. This article examines the gradual decline of Albanian industry, the consequences of weak domestic production, and the reasons why the country’s economic model continues to rely more on trade, remittances, and consumption than on the creation of added value.

Beyond the Apartment Mentality: Why Tirana Real Estate Deserves a Place in Your Investment Portfolio How professional investors evaluate property opportunities in Albania's capital
Everyone writes about buying apartments in Tirana. Almost no one writes about real estate as a disciplined pillar within a diversified investment portfolio. Here's how institutional thinking applies to Albanian property.

SHA vs SHPK: What Running a Joint Stock Company in Albania Actually Looks Like
Most guides tell you how to register a SHA. Almost none tell you what happens after. Here's what operating a private joint stock company in Albania actually involves — from governance to equity events.

From Remittances to Equity: How the Albanian Diaspora Could Invest Differently
Albanian diaspora sent over €1 billion home in 2024. Most of it went to consumption. A growing number of Albanians abroad are asking: what if that capital could build equity instead?

Private Equity in Albania: A Different Market, a Different Model
Private equity barely exists in Albania — at least in the traditional sense. But a different model is emerging: one built on local knowledge, aligned capital, and patient conviction.

The Case for Patient Capital: Why Long-Term Investing Wins in Emerging Markets
In a world of quarterly earnings and algorithmic trading, patient capital is unfashionable. In emerging markets like Albania, it is the only approach that consistently works.