Europe's next capital cycle
Power, industrial carve-outs and liquidity: where the next European investment case becomes specific.
OHR Perspectives
A considered view.
The forces shaping capital. The questions worth asking.
Four visual briefings by R.J. Dalin.
The AI bottleneck economy
The investable constraints behind AI: power delivery, cooling and software that completes useful work.
Human potential, measurable value
Care capacity and applied skills: where measurable human outcomes meet a viable business model.
France, repriced
France’s fiscal pressure, its market transmission and the cash-flow tests that matter for investors.
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Behind the briefings
Evidence before conviction.
A clear investment question, the evidence behind it and the conditions that could change the answer.
Each seven-page briefing closes with a personal letter and linked sources. Research cut-off: 20 October 2026.
Primary sources include the ECB, EIB, IEA, WHO, BlackRock, KKR, INSEE and Banque de France. References do not imply a partnership or endorsement.
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