Foray

Foray is an independent thesis driven investment office managed by @MeerAgrawal. Past 4 years performance : 18% (2022), 33% (2023), 98% (2024), 34% (2025).

[Meer Agrawal @meeragrawal]

Duopoly in models can feel like :-

1. Models for experts (SWEs, academicians, doctors, etc.),

2. Models for amateurs (vibe coders, independent researchers, biohackers, etc.).

[Foray @ForayCapital]

We are testing a new investment plan : Foray Second Salary, with a limited cohort.

It is a multi-year, fixed returns plan assuring 2% returns per month from 13th month onwards, until 21 years or voluntary withdrawal.

Foray charges 3.9% fees per annum on the invested amount.

[Foray @ForayCapital]

We have changed the returns on Foray Minimum Risks plan to 24% IRR per annum with 2.4% fixed fees on total capital invested.

[Meer Agrawal @meeragrawal]

Kevin led Fed aims to :-

a. innovate on monetary policy without infringing on fiscal territory,

b. significantly lighten Fed balance sheet of ~$6.7T,

c. deliver on a <2% inflation goal.

d. reform itself into a data & tech-rich institution.

[Foray @ForayCapital]

14 investors joined our $1.1m Foray SPV to buy $SPCX secondaries in December, 2025.

With unrealised gains of 120% within 6 months, 13 out of 14 expressed intent to keep invested beyond the compulsory illiquid phase, which concluded at IPO.

[Foray @ForayCapital]

We received a decent amount of criticism for loading up on SpaceX secondaries in late December.

Within less than 40days, we are vindicated.

TY @elonmusk

https://t.co/w7KbqaflGz

[Foray @ForayCapital]

Population : 8.3 billion
Millionaires : 59 million
Billionaires : 3,428
Trillionaires : 1

[Foray @ForayCapital]

Congratulations @SpaceX on the IPO🚀

[Foray @ForayCapital]

We have exited our $BTC position entirely.

[Foray @ForayCapital]

Consistency is the only true indicator of performance.

Probability of an exceptional outcome occurring at least once, exceeds 50% in 69 independent events.
It exceeds 99% in 459 independent events.

Even a broken clock is correct twice in 24 hours.

[Foray @ForayCapital]

Bad in maths?
Trust experts with your money,
because investment outcomes are probabilistic.

[Foray @ForayCapital]

Which one are you?

[Foray @ForayCapital]

It’s a clear choice.
You can start your own business now or become a communist in a few years.

[Foray @ForayCapital]

Choose your warrior :-

A : Always shoots at the correct target with 1% precision.

B : Always shoots at the wrong target with 99% precision.

If you make the correct choice, you are an investor.

[Foray @ForayCapital]

We received a decent amount of criticism for loading up on SpaceX secondaries in late December.

Within less than 40days, we are vindicated.

TY @elonmusk

https://t.co/w7KbqaflGz

[Foray @ForayCapital]

We received a decent amount of criticism for loading up on SpaceX secondaries in late December.

Within less than 40days, we are vindicated.

TY @elonmusk

https://t.co/w7KbqaflGz

[SpaceX @SpaceX]

SpaceX has acquired xAI, forming one of the most ambitious, vertically integrated innovation engines on (and off) Earth → https://t.co/3ODfcYnqfg

[Foray @ForayCapital]

FOMO should be a conviction killer.

Reverse is poor decision-making.

[Foray @ForayCapital]

Separating ambition from greed is one of the toughest problems to solve.