NVIDIA is a three trillion dollar company today. One of our subscribers bought it at fifty cents.
His name is Fred L. He put $15,000 into NVIDIA in 2014 based on our research. He'd been a subscriber since 2009, so when we published a report making the case that NVIDIA was building the technology everything would run on for the next 25 years, he read it and he bought the stock. At the time, most people thought NVIDIA made video game graphics cards. We thought they were building something much bigger.
Most people found out about NVIDIA somewhere around 2023, after it had already run up thousands of percent. By then, the biggest gains belonged to the people who got in years earlier and held on.
Fred got in years earlier. He got in because he was reading our research.
That $15,000 is worth over $4.3 million today.
“I invested $15,000 in NVIDIA in 2014 based on the newsletter. That $15,000 is worth $4,320,000.”
People ask how we saw that coming. The honest answer starts with my dad.
My dad, Jon Markman, spent years as an investigative journalist at the Los Angeles Times. He was part of two Pulitzer Prize-winning teams and won a Gerald Loeb Award for financial journalism. What mattered was how he learned to find a story before anyone else knew there was a story to find.
When he turned to the stock market, he brought the same instinct. Most fund managers start with price charts and quantitative models. My dad started with shoe-leather journalism. He visited labs, talked to the engineers building the technology, read patent filings, dug through SEC documents, and followed supply chains until he understood what a company was actually doing. Where the evidence pointed, he invested. Where the consensus disagreed with the evidence, he trusted the evidence.
That investigative approach is how we found NVIDIA at fifty cents when the entire market thought it was a gaming company. It's how we called the 2008 S&P 500 bottom. We published a target range of 550 to 700 while the financial system was falling apart. The actual bottom hit at 666 three months later. That call came from investigating the data while everyone else was panicking.
We called the BOTTOM
in 2008 (financial crisis)
Published target
550–700
Actual bottom
666
We published this range while the financial system was falling apart. The S&P 500 bottom hit at 666 three months later.
Los Angeles Times
Investigative journalist
Two Pulitzer Teams
Prize-winning reporting
Gerald Loeb Award
Financial journalism
5000+
Letters
25 years of research
And it's the same approach that identified sovereign AI as a major investment theme at the beginning of 2025, months before the rest of the market started paying attention.
Twenty-five years of published research. Over 5,000 letters. The method hasn't changed. That's not entirely true, actually. The tools have gotten better, and I've brought my own perspective to what my dad built over the years. But the core of it, go look at the thing yourself instead of waiting for someone to tell you about it, that hasn't changed.
I grew up learning this from my dad. I run the research today. And the investigative approach that found NVIDIA at fifty cents has just identified its next targets.
Most investors have been on the other side of a story like this. A stock runs 500% and by the time you hear about it, the research that caught it early was sitting behind an institutional desk or a hedge fund minimum.
Terry manages money for 400 families. A quarter of a billion dollars. He reads our research because we find things his own team can't. But you don't need to be managing institutional money to use what we publish.
When we published our sovereign AI thesis in early 2025, most analysts were still focused on the companies building AI models. The software layer, the chip designers. We were tracking something different: utility agreements, data center permits, industrial cooling contracts. The physical infrastructure was scaling faster than anyone expected, and the companies building it weren't making headlines. That's how we find things first. The primary sources tell one story. The market is pricing in a different one.
Your first report lands within 24 hours of joining. The Sovereign AI Playbook, with three specific positions we've identified in the AI infrastructure buildout, is yours the day you sign up. Within a week, you have access to the full active portfolio and every piece of research behind it.
From there, it's straightforward. We publish two deep-dive research reports every week. Each one covers what we've found, why it matters, and what we're doing about it in the portfolio. When it's time to act on a position, you get a trade alert by text and email. You read the report. You make your decision. The whole thing takes five to ten minutes in the morning.
The whole point of 25 years of building this methodology is that your morning doesn't have to look like ours. We do the investigative work. You read what we've found.
What we do is investigative journalism applied to the stock market. We go to primary sources: engineering teams, patent databases, SEC filings, supply chain data, and industry contacts we've built over 25 years. By the time a company shows up in the news cycle, we've typically been researching it for months.
That research turns into two things you can act on: published analysis and a concentrated portfolio.
Two deep-dive research reports every week.
Each one walks through a company we've investigated, what we found, why it matters, and what we're doing about it in the portfolio. Original investigative work.
An actively managed portfolio of up to 22 concentrated positions.
We don't spread across 100 names and hope for the best. Every holding gets real research behind it. You know what we own, why we own it, and when we're making a move.
Trade alerts by text and email, up to 10 per month.
When we buy, sell, or adjust a position, you hear about it in real time. No checking back three days later to find out something changed while you weren't looking.
Emergency briefings when they matter.
If something moves the market in a meaningful way, you hear from us the same day.
Monthly live Q&A with me.
You can ask about the portfolio, the research, anything we're watching. No prepared script.
The full research archive, 25 years, over 5,000 letters.
Every call, every thesis, every position we've ever taken. Fully searchable. You can look up what we said about any company at any point and check whether we were right. Most services don't let you do that. We think you should be able to.
The Sovereign AI Playbook.
Our current thesis on AI infrastructure, with three actionable positions. Yours the day you join.
A note on what we don't cover
We missed the entire crypto run. Every dollar of it. Bitcoin, Ethereum, all of it. And it wasn't because we didn't notice what was happening. We couldn't investigate it with our method. There are no factories to visit, no engineering teams to talk to, no patent filings to read through. Our method requires physical evidence and primary sources. Crypto doesn't have those. So we stayed out, and we watched while other people made a fortune.
Some weeks, there's nothing to do. We don't manufacture trades to justify the subscription. If the research doesn't support a move, we don't make one. You might go two or three weeks without a new position alert. That's the method working, not the method failing.
This approach won't appeal to everyone. If you want 50 trades a month, or crypto calls, or options plays, this isn't the right fit. We run a concentrated portfolio built on deep investigative research. Some of the most important research we publish is the decision to do nothing.
Investors Love Us
“I am a lazy investor. I want to focus on my personal life. Every morning I read his letter and get a pulse for the market in a 5- to 10-minute read.”
“I put $100K into SMCI in December and it's worth $300K now. Can't complain too much, you've made me over 7 figures with your picks.”
“Jon Markman is one of the people I read to influence my investment decisions.”
“When I invested in the stock market on my own, I couldn't take my eyes off the stock prices and their daily fluctuations. I ended up working against myself. Now I relax and let my investments grow, relying on my confidence that Joe Markman knows when to make the trades.”
504 subscribers managing a collective $2.5 billion in assets pay for this research. It costs less than $3.30 a day.
73%
Portfolio return, 2025 (vs ~10% S&P 500)
86%
Win rate on 66 documented trades
27/28
Closed positions finished in the green
In 2025, our portfolio returned 73% versus roughly 10% for the S&P 500. On a $100,000 portfolio, that's $73,000 in gains versus $10,000. In a single year. We closed 86% of our 66 documented trades at a profit, and 27 out of our last 28 closed positions finished in the green.
Past performance does not guarantee future results.
The Prove-It Guarantee
I'm asking you to spend $1,200 a year on investment research. That's a real commitment. And I think the right way to handle it is to let the work speak for itself.
Subscribe to DCC. Read the reports. Go through the portfolio. Look at the positions, the reasoning behind each one, the entry points, the thesis. If this isn't the most thorough, most actionable investment research you've ever received, email us within 30 days for a full refund. Keep everything you've downloaded. No questions.
I'm comfortable making that offer because 504 people already pay for this research, and they keep paying. They stay because the investigative work gives them something they can't get anywhere else.
Charter Annual
$1,200 / year
$100/month effective
- Save 17% compared to monthly
- Full year of investigative research
- Portfolio access, trade alerts, and everything listed above
Quarterly
$330 every 3 months
$110/month effective
- Meaningful savings vs. monthly
- Flexible 3-month commitment
- Full access to all research and alerts
Monthly
$120 / month
$120/month effective
- Cancel anytime
- No long-term lock-in
- Full access to all research and alerts
Everything included in every plan
Full portfolio access, trade alerts, two deep-dive reports per week, emergency briefings, monthly live Q&A with Joe, the 25-year research archive, and the Sovereign AI Playbook.
Backed by the 30-day Prove-It Guarantee. Keep everything you've downloaded.
Not ready to subscribe? Get the Sovereign AI Playbook free. Three positions we've identified in the AI infrastructure buildout. The kind of research that takes months to build. I'd rather you see how we think before you commit a dollar. If the depth surprises you, that's what you'd be getting twice a week as a subscriber.
Frequently Asked Questions
One subscriber put $15,000 into NVIDIA based on our research. That investment is worth $4.3 million today.
We've been finding these stocks before anyone else for 25 years. The method hasn't changed. What it finds next could change your portfolio.
Backed by the 30-day Prove-It Guarantee. Keep everything you've downloaded.