Every capital allocation decision is a bet on what is true. The investors who do best see what is true before the price does. That has always been done by people, so it has never scaled, and every fund rebuilds it for itself.

AI changes that. For the first time, a machine can observe every company and every change in them, continuously, and ‘remember’ everything it has seen.

ROM is building that machine, a Reality Observation Machine. First we are laying its foundation, the knowledge that only comes from observing everything, in breadth and over time. We start in public markets, where the next set of results tests every view the machine holds.

We sell what the machine sees through Wissen to the most demanding investors in the world. That pays for the machine as it builds a continuous, structured history of everything material that has happened to every company it covers.

Once it covers every listed company in the world, what could you do with a machine that understands everything about every one of them?