Alan Fragen

Shareholder Report 3/24/26 5:43pm Boss Man Running out of wall space Negative Feedback Accelerating Jr has homework Due tomorrow Asked Dad for help Boss Man took point I stepped in to organize Initial Estimate Overnight Actual Timeline One month Volume exceeded expectations Multiple Categories Identified Release Strategy Required Feedback Aggregated Categories Defined Top 2 per Category Selected for release Workaholic 📈 “Touch grass. Log off. Go be a dad instead of treating your life like a quarterly earnings call.” “Running out of wall space for negative comments is not the flex you think it is, bro.” Youth Sportsmanship 📈 “Your wife had to storm across the field to stop you from turning a 5-year-old soccer game into a military drill. Therapy with the Mrs. is no longer ‘likely imminent’ — it’s overdue.” “Making a little kid run laps while he’s crying because he checked on an injured opponent is next-level psycho dad behavior. Hope the scoreboard was worth it.” Couples Counseling 📈 “She scheduled non-negotiable therapy and you tried to negotiate the date and price. Then complained about inconsistent formatting on her list. Sir, she is not the problem.” “Your wife is staring at the ceiling every time you open your mouth and you think the issue is her tone. Therapy isn’t going to fix whatever this is.” Overlap noted High Conviction Across all segments Weekend Charge Building Model Holding Volume 2 Friday 5/1/26 9:15am Shareholder Mtg Weekly Releases Ongoing Sent from my Mac

Reading scores among American kids just hit a historic low. A generation raised on short-form content is showing up unable to read at grade level. Is there any way to reverse it?

You check your Apple Watch in the morning. Sleep score: 62. You decide it's going to be a foggy day. And then it is. A 2014 Colorado College study suggests the score itself causes the fog. 164 people walked into a lab. Researchers hooked them up to fake EEG equipment and told them the readout would show their REM percentage from the night before. Then they fabricated a number. Half the room was told 28.7%. Half was told 16.2%. The machine wasn't measuring anything. Participants took four cognitive tests. The Paced Auditory Serial Addition Test, where you add numbers spoken at increasing speed and hold your last sum in working memory while computing the next. And the Controlled Oral Word Association Task, where you generate as many words as you can starting with a single letter under time pressure. Both are gold-standard measures of attention and executive function used in clinical neurology. The 28.7% group outperformed the 16.2% group on both. Significantly. How rested participants actually felt that morning predicted nothing. The mechanism is mindset priming an executive resource. When you believe you slept well, you allocate cognitive effort more aggressively. You don't conserve. You don't pre-disengage. Belief about the resource changes how you spend it. Two control conditions ruled out demand characteristics. Participants weren't trying harder because they thought they should. Real measurable cognitive performance shifted with the number on the readout. The Apple Watch sleep score. The Oura ring readiness number. The morning ritual of checking either one is taxing the resource you're about to need. The performance gap from a fabricated REM percentage was larger than the gap from how rested participants actually felt. The number was louder than the night.