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Project Xi is becoming Project Covalent

Dec 1, 2025

A project name change: In chemistry, covalent bonds are those in which atoms share electrons, creating stability through the connection. Project Covalent looks ahead to the next ten years to build a predictive signal framework that binds risk, return, and impact into a coherent investment approach that improves results.

After a lot of good input, I have decided to rename Project Xi. While that name had a lot of compelling characteristics (parallel to the use of other Greek letters like alpha / beta in investing and how it represents many of the core philosophies of this effort), it also generated challenges (the fact that a pronunciation guide was necessary and confusion of whether this was a Greek letter or a Chinese character).


Along with the name change, I have updated the white paper to incorporate feedback from my network and refine the core ideas presented in earlier drafts.


Welcome any feedback and questions.


Thanks,

Holden

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