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Issue 1 of 2026. While not a cheery start, I do think it’s an important topic. I would love to hear whether you think I’m right about the Sunk Cost Fallacy assessment, or if there’s still something to be gained from continuing.
Subscribers - 5,577. Thank you all for sticking with me.
Firstly, I want to apologise for the chaotic nature of the newsletter as of late. Toward the end of last year, I attempted a new direction that focused on providing value to paid subscribers through in-depth analysis of the European space market. While I do think there is still a need for that type of content, I have become increasingly convinced that this is not the best out...
