A space to
think independently.
AksayCapital began with a simple interest: understanding why markets move, how businesses create value, and where conventional narratives leave questions unanswered.
Start with the business.
Question the story.
Follow the evidence.
AksayCapital is an independent, personal research project focused on public equities and macroeconomics. Its purpose is to turn complex market developments into clear, thoughtful analysis—with assumptions, risks and unanswered questions out in the open.
Curiosity across disciplines.
AksayCapital is developed by a student at Boğaziçi University with an interest in investing, business strategy, and the psychology of decision-making.
What began with researching stocks and macroeconomic trends grew into a place to organize ideas, challenge assumptions, and develop stronger analytical habits.
This is a place to document that process—not to claim certainty about the future.
Methods before opinions.
Frame the question
Define the business, market development, or claim worth investigating.
Find the primary evidence
Look at company disclosures, filings, industry data, and central-bank releases.
Build and test the thesis
Distinguish what is known, what is assumed, and what could prove the thesis wrong.
Revisit the conclusion
Update the analysis as new facts emerge; keep the original reasoning visible.