Alpha Talon Investment Research

Alpha Talon Investment Research

The Quantum Hangover: Shorting a Bubble That Was Never a Market

What’s Left After Hype, After the Crash, After the Fantasy?

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AT Investment Research
Nov 24, 2025
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My Short Thesis: The Quantum Dream Was Always Fundamental Before Physics

I spent the better half of this year shorting quantum computing companies. When I first opened those positions, it wasn’t because I doubted the science. I’m not a physicist; I’m in no position to question the accuracy of qubits or the legitimacy of decoherence models. What I questio…

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