Hussh Wiki

TL;DR: HTML one-pager for Five Iron Rules + Five Filters — LP-facing reference document, Apple-frame typography (Fraunces + EB Garamond, oxblood/black). Pre-launch.

Summary

HTML one-pager for Five Iron Rules + Five Filters — LP-facing reference document, Apple-frame typography (Fraunces + EB Garamond, oxblood/black). Pre-launch.

Preview

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<title>Five Iron Rules — One-Pager</title>
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<div class="eyebrow">Hussh Alpha Aloha Fund A · Constitutional</div>
<h1>Five Iron Rules <span style="color:var(--ink)">+</span> Five Filters</h1>
<p class="lede">When the rules and the trade disagree, the rules win.</p>
<div class="rule"><div class="num">IR‑1</div><div class="body"><h3>Share count only goes up</h3><p>One-way ratchet. Premium reinvests via DRIP-ON. Covered-call assignment triggers automatic repurchase. Cash-secured-put assignment adds to position. Net-down events do not exist by mandate.</p><div class="meta">Enforces: alignment with permanent capital thesis.</div></div></div>
<div class="rule"><div class="num">IR‑2</div><div class="body"><h3>Leverage ceiling</h3><p>Hard cap below 1.10× NAV at gross exposure. Tested daily. Breach triggers de-grossing before any new entry.</p><div class="meta">Enforces: blow-up prevention; Munger "avoid stupidity."</div></div></div>
<div class="rule"><div class="num">IR‑3</div><div class="body"><h3>Reserve floor</h3><p>Minimum 5% cash buffer at all times. Protects optionality on assignment and opportunity entries during drawdowns.</p><div class="meta">Enforces: ready capital, Job 3 of the T-Bill Float Engine.</div></div></div>
<div class="rule"><div class="num">IR‑4</div><div class="body"><h3>Concentration cap</h3><p>No single name greater than 15% of NAV at cost. Berkshire cornerstone is the ceiling, not the floor.</p><div class="meta">Enforces: position-sizing humility regardless of conviction.</div></div></div>
<div class="rule"><div class="num">IR‑5</div><div class="body"><h3>Permanent HWM</h3><p>Incentive allocation only on net new high-water mark. Never resets, ever — not after a drawdown, not after a redemption window, not after a fund-vintage event.</p><div class="meta">Enforces: LP-aligned by mechanics, not by promise.</div></div></div>
<div class="filters">
  <h2>Five Filters — candidate gating</h2>
  <p>Every Alpha Bets 27 candidate must clear all five before entering the universe:</p>
  <ul>
    <li><strong>Massive absolute FCF</strong> — $50B+ trailing twelve-month free cash flow.</li>
    <li><strong>Reinvestment runway</strong> — multi-year deployment at high ROIIC.</li>
    <li><strong>Structural indispensability</strong> — not cyclical demand; the world breaks without them.</li>
    <li><strong>Options eligibility</strong> — weekly + monthly liquidity, IV worth selling.</li>
    <li><strong>Governance integrity</strong> — owner-aligned management; no chronic capital destroyers.</li>
  </ul>
</div>
<footer>Pre-launch reference. Iron Rules and Five Filters anchor the PPM language and the LP messaging arc — share-accumulation engine, not options income fund.</footer>
</body></html>

Full artifact

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Cross-referenced from

Drive shortcuts pointing back to this artifact live in:

husshtech / wiki/concepts/drip-on/mockups/five-iron-rules-five-filters-one-pager.html (open) — relates to wiki/concepts/drip-on.md
husshtech / wiki/concepts/aloha-flywheel/mockups/five-iron-rules-five-filters-one-pager.html (open) — relates to wiki/concepts/aloha-flywheel.md
husshtech / wiki/concepts/alpha-bets-27/mockups/five-iron-rules-five-filters-one-pager.html (open) — relates to wiki/concepts/alpha-bets-27.md
husshtech / wiki/entities/hussh-alpha-aloha-fund-a-lp/mockups/five-iron-rules-five-filters-one-pager.html (open) — relates to wiki/entities/hussh-alpha-aloha-fund-a-lp.md

Relations

wiki/concepts/drip-on.md
wiki/concepts/aloha-flywheel.md
wiki/concepts/alpha-bets-27.md
wiki/entities/hussh-alpha-aloha-fund-a-lp.md