@import url('https://fonts.googleapis.com/css2?family=DM+Sans:wght@400;450;500;550;600;650;700&family=Libre+Caslon+Display&display=swap');
:root{--paper:#f7f7ef;--ink:#183f35;--muted:#627269;--line:#d9dfd4;--lime:#d9e9a4;--white:#fff;--serif:'Libre Caslon Display',Georgia,serif;--sans:'DM Sans',Arial,sans-serif}
*{box-sizing:border-box}html{scroll-behavior:smooth;scroll-padding-top:32px}body{margin:0;background:var(--paper);color:var(--ink);font-family:var(--sans);font-size:15px;line-height:1.65}button,input,textarea{font:inherit}a{color:inherit;text-decoration:none}button,a,summary{-webkit-tap-highlight-color:transparent}button{cursor:pointer}button:disabled{opacity:.45;cursor:not-allowed}a:focus-visible,button:focus-visible,summary:focus-visible{outline:3px solid #5b7738;outline-offset:5px}input:focus,textarea:focus{outline:2px solid #709952;outline-offset:2px}::selection{background:var(--lime);color:var(--ink)}.wrap{max-width:1280px;width:calc(100% - 112px);margin-inline:auto}.skip{position:fixed;top:-100px;left:20px;background:var(--ink);color:white;padding:12px;z-index:20}.skip:focus{top:10px}.header{height:108px;display:flex;align-items:center;justify-content:space-between;border-bottom:1px solid var(--line);gap:20px}.brand{display:flex;gap:14px;align-items:center}.monogram{font:32px var(--serif);border:1px solid var(--ink);width:58px;height:58px;display:flex;align-items:center;justify-content:center;letter-spacing:-4px;padding-right:4px}.monogram span{font-style:italic;font-size:24px}.wordmark{font-size:18px;line-height:1.25;letter-spacing:1px}.wordmark b{display:block;font-size:9px;font-weight:550;letter-spacing:2.4px;margin-top:5px}.header nav{display:flex;align-items:center;gap:35px;font-size:13px}.header nav a:not(.nav-cta):hover,.text-link:hover{color:#6a833b}.nav-cta{border:1px solid var(--ink);padding:12px 18px;display:flex;gap:22px;align-items:center}.nav-cta:hover{background:var(--ink);color:var(--paper)}.hero{display:grid;grid-template-columns:1.15fr 1fr;gap:70px;padding-block:87px 75px;align-items:center}.eyebrow{font-size:10px;font-weight:600;letter-spacing:1.8px;display:flex;align-items:center;gap:10px;margin:0 0 23px}.small-line{width:25px;height:1px;background:var(--ink)}h1,h2,h3,p{margin-top:0}h1{font-family:var(--serif);font-size:clamp(64px,6.7vw,94px);font-weight:400;line-height:1.03;letter-spacing:-3px;margin-bottom:26px}em{font-weight:400}h1 em,.research-heading em,.about em{color:#63844b}h2{font-family:var(--serif);font-size:53px;line-height:1.1;font-weight:400;letter-spacing:-1.1px;margin-bottom:24px}.hero-description{max-width:430px;font-size:16px;color:var(--muted);line-height:1.8;margin-bottom:32px}.button{min-height:47px;display:inline-flex;justify-content:center;align-items:center;gap:30px;padding:12px 20px;border:1px solid transparent;border-radius:0;font-size:12px;font-weight:500;transition:background .15s,color .15s}.primary{background:var(--ink);color:var(--paper)}.primary:hover:not(:disabled){background:#2c5846}.button span{font-size:18px;line-height:1}.secondary{background:transparent;color:var(--ink);border-color:var(--line)}.secondary:hover{background:#e9eedf}.cream{background:var(--lime);color:var(--ink)}.cream:hover{background:white}.hero-note{display:flex;gap:8px;align-items:center;font-size:10px;color:var(--muted);margin-top:25px;letter-spacing:.2px}.dot{width:6px;height:6px;display:inline-block;background:#789153;border-radius:100%;flex-shrink:0}.hero-art{position:relative;padding:20px 0 0 17px}.orbit{position:absolute;width:260px;height:260px;border:1px solid #cbd7b6;border-radius:100%;top:-15px;right:-21px}.orbit:before{content:'';position:absolute;inset:17px;border:1px solid #dce3cd;border-radius:100%}.brief{position:relative;background:var(--ink);color:var(--paper);padding:27px 31px 21px;box-shadow:14px 14px 0 #e8edda}.brief-top{display:flex;align-items:center;justify-content:space-between;font-size:9px;letter-spacing:1.7px;color:#bfceb8}.brief-top span:last-child{font:23px var(--serif);color:var(--lime);letter-spacing:-1px}.brief-title{font:37px/1.15 var(--serif);margin:36px 0 32px;letter-spacing:-.4px}.brief-row{display:flex;gap:16px;padding:20px 0;border-top:1px solid #496055;align-items:center}.brief-row>span:first-child{align-self:start;font-size:10px;color:#b8d093;padding-top:5px}.brief-row h2{font-family:var(--sans);font-size:13px;letter-spacing:0;font-weight:500;margin:0 0 5px}.brief-row p{color:#becec2;font-size:11px;margin:0}.brief-row>span:last-child{margin-left:auto;color:var(--lime)}.brief-bottom{display:flex;align-items:center;justify-content:space-between;font-size:8px;letter-spacing:1.5px;border-top:1px solid #496055;padding-top:15px;color:#c7d4c5}.tiny-cross{font-size:24px;color:var(--lime)}.art-caption{font-size:8px;letter-spacing:.8px;display:flex;justify-content:space-between;margin-top:31px;color:var(--muted)}.principles-strip{border-block:1px solid var(--line);padding:25px 0}.principles-strip .wrap{display:flex;justify-content:space-between;align-items:center;gap:20px}.principles-strip span:not(:nth-child(even)){font-size:12px;letter-spacing:.2px}.principles-strip span:nth-child(even){font-size:20px;color:#738f4d}.section{padding-block:90px}.approach{display:grid;grid-template-columns:1fr 1fr;gap:100px}.section-intro>p:not(.eyebrow){max-width:360px;color:var(--muted);font-size:14px}.text-link{display:inline-flex;gap:25px;align-items:center;font-size:12px;font-weight:500;border-bottom:1px solid var(--ink);padding-bottom:5px;margin-top:12px}.approach-list{padding-top:30px}.approach-list details{border-top:1px solid var(--line)}.approach-list details:last-child{border-bottom:1px solid var(--line)}summary{list-style:none;display:flex;align-items:center;gap:24px;padding:25px 0;cursor:pointer;font-size:20px;line-height:1.3}summary::-webkit-details-marker{display:none}.item-number{font-size:11px;color:#66844c;font-weight:500}.expand{margin-left:auto;font-size:23px;font-weight:400;transition:transform .15s}details[open] .expand{transform:rotate(45deg)}.detail-content{padding:0 0 23px 38px;color:var(--muted);font-size:13px}.detail-content p{margin-bottom:15px}.detail-content ul{padding-left:15px;margin-bottom:0}.detail-content li{margin-bottom:5px}.research-section{background:#e9eedf;border-block:1px solid #dbe3cf}.research-heading{display:flex;align-items:center;justify-content:space-between;gap:80px;margin-bottom:35px}.research-heading h2{margin-bottom:0}.research-heading>p{max-width:340px;font-size:14px;color:var(--muted);margin-bottom:0}.desk{display:grid;grid-template-columns:270px 1fr;background:var(--paper);border:1px solid #d7dfcc}.desk-sidebar{padding:34px 28px;border-right:1px solid var(--line)}.paper-icon{font-size:35px;display:inline-flex;align-items:center;justify-content:center;width:57px;height:65px;border:1px solid #abb99d;margin-bottom:26px}.desk-sidebar h3{font:28px var(--serif);letter-spacing:-.5px;margin-bottom:13px}.desk-sidebar>p{font-size:12px;color:var(--muted);line-height:1.9}.progress-label{display:flex;justify-content:space-between;font-size:10px;margin-top:40px;margin-bottom:9px}.progress-label span:last-child{font-variant-numeric:tabular-nums}progress{appearance:none;width:100%;height:4px;border:0;background:#dce4d3;color:#698747;display:block}progress::-webkit-progress-bar{background:#dce4d3}progress::-webkit-progress-value{background:#698747}progress::-moz-progress-bar{background:#698747}.desk-sidebar .local-note{font-size:10px;line-height:1.6;margin-top:13px;max-width:170px}.resource-link{font-size:11px;display:flex;justify-content:space-between;gap:6px;margin-top:30px;border-top:1px solid var(--line);padding-top:18px}.resource-link:hover{text-decoration:underline}.memo-form{padding:33px;display:grid;grid-template-columns:1fr 1fr;gap:21px}.field{display:flex;flex-direction:column;gap:9px;min-width:0}.full{grid-column:1/-1}label{font-size:11px;font-weight:550;display:flex;align-items:center;gap:9px}label span{color:#728b52;font-size:10px}input,textarea{width:100%;border:1px solid #d5dece;background:#fffefa;border-radius:0;color:var(--ink);padding:12px;font-size:12px;line-height:1.6}input{height:46px}textarea{resize:vertical;min-height:110px}textarea[rows="2"]{min-height:75px}input::placeholder,textarea::placeholder{color:#747e73;opacity:1}.memo-actions{grid-column:1/-1;display:flex;align-items:center;justify-content:space-between;gap:15px;padding-top:4px}.save-status{font-size:10px;color:var(--muted)}.action-buttons{display:flex;gap:9px}.memo-actions .button{padding:11px 14px;font-size:11px;gap:18px}.worksheet-note{font-size:10px;color:var(--muted);grid-column:1/-1;margin:0;border-top:1px solid var(--line);padding-top:16px;line-height:1.6}.noscript{grid-column:1/-1}.about{display:grid;grid-template-columns:1fr 1fr;gap:100px}.about h2{font-size:51px}.about-copy{padding-top:38px}.about-copy .lead{font-size:19px;line-height:1.6;letter-spacing:-.2px;color:var(--ink)}.about-copy p{font-size:14px;color:var(--muted)}.project-status{display:flex;gap:12px;align-items:start;padding-top:25px;border-top:1px solid var(--line);margin-top:28px}.project-status>.dot{margin-top:7px}.project-status strong{font-size:12px;font-weight:550}.project-status p{font-size:11px;margin-top:8px;margin-bottom:0}.closing{background:var(--ink);color:var(--paper);display:flex;align-items:center;gap:35px;padding:45px 48px;position:relative;overflow:hidden}.closing .eyebrow{font-size:9px;color:#c7d4c5;margin-bottom:14px}.closing h2{font-size:43px;margin:0}.closing .button{margin-left:auto;z-index:1;flex-shrink:0}.closing-mark{font:140px var(--serif);letter-spacing:-13px;color:#587254;opacity:.35;line-height:1.2;transform:rotate(-12deg);margin-right:15px}.footer{padding-block:50px 25px}.footer-top{display:flex;justify-content:space-between;align-items:center;gap:25px;padding-bottom:30px}.footer-top>.brand .monogram{width:43px;height:43px;font-size:25px}.footer-top>.brand .monogram span{font-size:18px}.footer-top>.brand .wordmark{font-size:14px}.footer-top>.brand .wordmark b{font-size:7px;letter-spacing:1.8px}.footer-top>p{color:var(--muted);font-size:11px;margin:0}.footer-top .text-link{font-size:10px;margin:0;border:0}.footer-bottom{border-top:1px solid var(--line);padding-top:20px;display:flex;justify-content:space-between;gap:40px;font-size:9px;color:var(--muted)}.footer-bottom>span{white-space:nowrap}.footer-bottom p{max-width:530px;text-align:right;margin:0}dialog{max-width:440px;width:calc(100% - 40px);padding:32px;border:1px solid var(--line);background:var(--paper);color:var(--ink)}dialog::backdrop{background:#0d261cc0}dialog h2{font-size:37px;margin-bottom:15px}dialog p{font-size:14px;color:var(--muted)}.dialog-actions{display:flex;gap:12px;justify-content:flex-end;margin-top:25px}
@media(min-width:1500px){.hero{padding-block:105px 90px;gap:110px}}
@media(max-width:1100px){.wrap{width:calc(100% - 64px)}.hero{gap:35px}h1{font-size:72px}.brief{padding:25px}.brief-title{font-size:33px}.approach,.about{gap:60px}.memo-form{padding:25px;gap:18px}.desk{grid-template-columns:225px 1fr}.desk-sidebar{padding:28px 22px}.memo-actions{align-items:start;flex-direction:column}.closing{padding:38px 32px;gap:20px}.closing-mark{font-size:100px}.closing h2{font-size:38px}.closing .button{gap:15px}}
@media(max-width:800px){.header{height:90px}.header nav{gap:22px}.header nav>a:not(.nav-cta){display:none}.hero{grid-template-columns:1fr;gap:35px;padding-block:55px}.hero-copy{max-width:600px}h1{font-size:85px}.hero-description{max-width:470px}.hero-art{max-width:510px;width:100%;margin-inline:auto}.brief{padding:28px 34px}.brief-title{font-size:39px}.orbit{right:-5px}.principles-strip .wrap{gap:12px}.principles-strip span:not(:nth-child(even)){font-size:10px}.principles-strip span:nth-child(even){font-size:14px}.section{padding-block:65px}.approach,.about{grid-template-columns:1fr;gap:15px}.section-intro>p:not(.eyebrow){max-width:500px}.approach-list{padding-top:20px}.research-heading{gap:25px;align-items:start;flex-direction:column}.research-heading>p{max-width:500px}.desk{grid-template-columns:1fr}.desk-sidebar{border-right:0;border-bottom:1px solid var(--line);display:grid;grid-template-columns:1fr 1fr;gap:10px 30px;padding:24px}.paper-icon{display:none}.desk-sidebar h3{margin:0}.desk-sidebar>p{margin:0;grid-row:2;grid-column:1}.progress-label{margin:0;align-self:end}.desk-sidebar progress{grid-column:2;grid-row:2;align-self:start;margin-top:5px}.desk-sidebar .local-note{grid-column:2;grid-row:2;margin-top:22px;max-width:none}.resource-link{grid-column:1/-1;margin-top:5px;padding-top:12px}.memo-actions{flex-direction:row;align-items:center}.about-copy{padding-top:0}.closing{flex-wrap:wrap;padding:34px;gap:24px}.closing-mark{display:none}.closing .button{margin-left:0}.footer-top>p{display:none}}
@media(max-width:500px){.wrap{width:calc(100% - 36px)}.header{height:81px}.monogram{width:45px;height:45px;font-size:27px}.monogram span{font-size:20px}.brand{gap:10px}.wordmark{font-size:15px}.wordmark b{font-size:7px;letter-spacing:2px}.nav-cta{font-size:10px;padding:9px 12px;gap:12px}.hero{padding-block:42px;gap:26px}.eyebrow{font-size:8px;letter-spacing:1.5px;margin-bottom:20px}h1{font-size:64px;letter-spacing:-2.4px}.hero-description{font-size:14px;line-height:1.8}.hero-art{padding:14px 9px 0 0}.brief{padding:22px}.brief-title{font-size:33px;margin:27px 0}.brief-row{padding:18px 0}.brief-row h2{font-size:12px}.brief-row p{font-size:10px}.brief-top{font-size:8px}.art-caption{font-size:7px}.principles-strip{padding:19px 0}.principles-strip .wrap{flex-direction:column;gap:6px;align-items:start}.principles-strip span:not(:nth-child(even)){font-size:11px}.principles-strip span:nth-child(even){display:none}.principles-strip span:not(:nth-child(even)):before{content:'↗';padding-right:10px;color:#738f4d}.section{padding-block:49px}h2,.about h2{font-size:43px}summary{font-size:18px;padding-block:21px}.detail-content{padding-left:35px}.desk-sidebar{padding:20px;gap:8px 20px}.desk-sidebar h3{font-size:25px}.desk-sidebar>p{font-size:10px}.desk-sidebar .local-note{font-size:9px}.progress-label{font-size:9px}.memo-form{padding:21px 18px;grid-template-columns:1fr;gap:20px}.field{grid-column:1}.memo-actions{align-items:start;flex-direction:column}.action-buttons{width:100%;justify-content:space-between}.memo-actions .button{padding:11px 12px}.about-copy .lead{font-size:18px}.closing{padding:29px 25px;gap:24px}.closing h2{font-size:36px}.footer{padding-block:35px 23px}.footer-bottom{flex-direction:column;gap:13px}.footer-bottom p{text-align:left}.footer-top{padding-bottom:24px}}
@media(prefers-reduced-motion:reduce){html{scroll-behavior:auto}*{transition:none!important}}

.portfolio-context{display:grid;grid-template-columns:1fr 1.6fr;gap:70px;align-items:center;padding-block:56px;border-bottom:1px solid var(--line)}.capital-context{border-right:1px solid var(--line);padding-right:40px}.capital-context .eyebrow{margin-bottom:16px}.capital-number{font:84px/1 var(--serif);letter-spacing:-3px;margin:0 0 12px}.capital-label{font-size:12px;color:var(--muted);margin:0}.capital-story .eyebrow{margin-bottom:16px}.capital-story h2{font-size:42px;margin-bottom:17px}.capital-story h2 em{color:#63844b}.capital-story>p:last-child{max-width:520px;font-size:14px;color:var(--muted);margin-bottom:0}
@media(max-width:800px){.portfolio-context{gap:35px;grid-template-columns:.8fr 1.2fr}.capital-number{font-size:70px}.capital-context{padding-right:20px}.capital-story h2{font-size:36px}}
@media(max-width:500px){.portfolio-context{grid-template-columns:1fr;gap:25px;padding-block:35px}.capital-context{border-right:0;border-bottom:1px solid var(--line);padding:0 0 25px}.capital-number{font-size:68px}.capital-story h2{font-size:36px}.capital-story>p:last-child{font-size:13px}}

/* Investment journal */
.header nav{gap:26px}.capital-label{font-weight:550;color:var(--ink)}.capital-disclosure{max-width:250px;font-size:10px;line-height:1.7;color:var(--muted);margin:12px 0 0}.investment-heading{display:flex;justify-content:space-between;align-items:center;gap:70px;margin-bottom:38px}.investment-heading h2{margin-bottom:0}.investment-heading em{color:#63844b}.investment-heading>p{max-width:390px;color:var(--muted);font-size:14px;margin:0}.investment-grid{display:grid;grid-template-columns:repeat(3,minmax(0,1fr));gap:20px}.investment-card{border:1px solid var(--line);padding:28px 26px 24px;background:#fdfdf7;display:flex;flex-direction:column}.stock-top{display:flex;justify-content:space-between;align-items:center;margin-bottom:26px}.stock-ticker{font-size:39px;letter-spacing:-1.8px;font-weight:550;line-height:1}.stock-index{font-size:10px;color:#728b52}.stock-sector{font-size:8px;letter-spacing:1.5px;color:var(--muted);margin-bottom:10px}.investment-card h3{font:32px/1.1 var(--serif);letter-spacing:-.5px;margin-bottom:16px}.activity-tag{display:flex;align-items:center;gap:7px;font-size:9px;color:var(--muted);margin-bottom:24px}.stock-question{border-top:1px solid var(--line);padding-top:22px;min-height:145px}.stock-question>span{font-size:8px;font-weight:600;letter-spacing:1.4px;color:#62784b}.stock-question p{font-size:15px;line-height:1.6;margin:10px 0 22px}.stock-outline{border-block:1px solid var(--line);margin-bottom:20px}.stock-outline summary{font-size:11px;padding:15px 0;justify-content:space-between;gap:10px}.stock-outline summary>span{font-size:17px}.stock-outline[open] summary>span{transform:rotate(45deg)}.stock-outline>p{font-size:12px;color:var(--muted);line-height:1.7}.stock-actions{display:flex;flex-direction:column;align-items:start;margin-top:auto;gap:14px}.stock-actions .text-link{margin-top:0;font-size:11px;gap:30px}.stock-source{font-size:10px;color:var(--muted)}.stock-source:hover{text-decoration:underline}.investment-note{font-size:10px;line-height:1.7;color:var(--muted);margin:22px 0 0;max-width:720px}.investments{border-bottom:1px solid var(--line)}.journal-label{display:block;font-size:10px;margin:22px 0 8px}select{font:11px var(--sans);width:100%;padding:12px 8px;background:#fffefa;border:1px solid #bdcbb2;color:var(--ink);margin-bottom:20px;border-radius:0}select:focus{outline:2px solid #709952;outline-offset:2px}.closing-description{font-size:12px;color:#c7d4c5;margin:16px 0 0;max-width:300px}.desk-sidebar .local-note{max-width:none}
@media(max-width:1100px){.investment-grid{gap:14px}.investment-card{padding:24px 20px}.investment-card h3{font-size:28px}.stock-question{min-height:170px}.header nav{gap:20px}.closing h2{font-size:34px}}
@media(max-width:800px){.investment-heading{align-items:start;flex-direction:column;gap:22px}.investment-heading>p{max-width:500px}.investment-grid{grid-template-columns:1fr}.investment-card{padding:28px}.stock-question{min-height:0}.stock-top{margin-bottom:20px}.investment-card h3{font-size:35px}.stock-actions{flex-direction:row;align-items:center;justify-content:space-between;gap:18px}.desk-sidebar{display:block}.desk-sidebar>p{margin-bottom:16px}.desk-sidebar .progress-label{margin-top:20px;margin-bottom:10px}.desk-sidebar .local-note{margin-top:12px;margin-bottom:16px}.desk-sidebar select{max-width:360px}.desk-sidebar .resource-link{margin-top:20px}.desk-sidebar h3{margin-bottom:12px}.closing h2{font-size:38px}}
@media(max-width:500px){.investment-card{padding:24px}.investment-heading>p{font-size:13px}.stock-ticker{font-size:36px}.investment-card h3{font-size:32px}.stock-question p{font-size:14px}.stock-actions .text-link{font-size:10px;gap:15px}.stock-source{font-size:9px}.closing h2{font-size:34px}.capital-disclosure{max-width:300px}}
