Investment
Handbook
An institutional reference
for the digital age
Nine hundred pages of network valuation, monetary theory, and portfolio analysis, bound for the CFA and CAIA reader. Set in Garamond and printed on laid stock.
What Is Inside
Seven parts. Sixty-one chapters. A complete framework for the institutional investor.
Network Valuation
Rigorous on-chain metrics, stock-to-flow derivations, and thermodynamic cost models examined against centuries of monetary precedent.
Monetary Theory
From Locke and Hume through Mises and Keynes to the digital ledger — the intellectual lineage traced chapter by chapter, argument by argument.
Portfolio Analysis
Sizing, correlation, volatility harvesting, and macroeconomic applications for the professional allocator — with worked examples throughout.
About the Book
The Bitcoin Investment Handbook is a landmark work of financial scholarship — 977 pages across seven parts and sixty-one chapters, composed for the reader who holds a CFA, a CAIA, or the equivalent in hard-won market experience.
Part I, Digital Money, establishes the nature of the asset: its cryptographic foundations, its monetary properties, and why it demands to be evaluated on its own terms rather than by analogy to prior instruments. Part II, The Laws, surveys the regulatory landscape from first principles — not as a compliance checklist, but as an investor's guide to how jurisdictions have understood and misunderstood the instrument.
Parts III and IV — Foundations and Valuation — form the quantitative heart of the volume. Here the author applies the tools of institutional analysis: discounted cost models, Metcalfe frameworks, NVT ratios, and a novel synthesis of monetary velocity theory adapted for bearer assets. Each chapter is self-contained enough to assign in a portfolio-management seminar, yet the arguments accumulate into a unified framework.
Portfolio Management (Part V) addresses the practitioner's core questions directly: what weight, in what vehicle, rebalanced how often, under what volatility regime? Part VI, Macroeconomic Applications, situates the asset within the broader sweep of monetary history — fiscal dominance, currency competition, and the long arc of reserve-currency transitions. The volume closes with Part VII, Fudbusting: a systematic refutation of the most persistent institutional objections, each treated with the same analytical rigour applied throughout.
Set in Garamond. Printed on laid stock. Bound in cloth. A book made to last on a working shelf.
Institutional rigour from page one
Every valuation model is stated formally before it is applied. Every historical claim is sourced. The prose never outruns the evidence — a standard the author holds to across all nine hundred pages.
Seven parts, one argument
From the cryptographic primitives of digital money to the macroeconomic implications of a fixed-supply reserve asset — the Handbook traces a single coherent thesis across disciplines that rarely share a syllabus.
Made to be read, built to last
Set in Garamond at a measure suited to close reading. Printed on acid-free laid stock. Sewn and cased in cloth. This is a book made for the working shelf, not the display case.
Reserve Your Copy
First printing. Limited to subscribers. Ships on publication.
Reserve a CopyPayment processor TBD — link will be activated on launch.