Zerion ResearchFlagship methodology
Zerion Paradigm Alignment Manual v1.9
The current methodology reference for PAR, including the Valuation Context Layer, PAR and DCF boundaries, scoring architecture, and inversion discipline.
Zerion Research · Zero to Vero.
Independent judgment on structural change.
Research into the businesses, systems, and economic shifts shaping long-term value.
Zerion examines what is changing, where value may accrue, and what evidence would weaken the case. Sources, assumptions, uncertainty, and revisions remain visible so judgment stays with the reader.
Alignment over force. Observe the forces already in motion before choosing where to stand.
Zerion ResearchRead publication ↗
Research themes
Questions worth staying with.
Zerion follows structural questions across publications and observatories. These are research themes, not claims of current portfolio activity.
Where does durable value accrue as advanced compute becomes critical infrastructure?
The AI buildout is not one market. Foundries, packaging, power, networks, and application layers carry different bottlenecks and different claims on value.
When does digital finance become infrastructure rather than narrative?
Stablecoins, settlement networks, and monetary protocols require separate tests for adoption, regulation, distribution, and asset-specific value capture.
How should a service-led economy be observed and compared?
As locally delivered services take a larger role in household spending, narrow and auditable price observations can complement goods-based comparisons.
Selected research
A deliberately small reading list.
Start with work that shows the range of the research: an applied company assessment, the methodology behind it, and an original indicator study.
PAR
PAR-003: Taiwan Semiconductor Manufacturing Company Limited
A PAR of TSMC as an advanced-node semiconductor foundry, AI compute bottleneck, and global silicon manufacturing layer.
Manual
Zerion Paradigm Alignment Manual v1.9
The current methodology reference for PAR, including the Valuation Context Layer, PAR and DCF boundaries, scoring architecture, and inversion discipline.
Indicator
Zerion Taxi Index: 2026 Pilot Edition
A 34-city pilot indicator using taxi starting fares and audited work-time affordability to study the economics of locally delivered services.
Signature observatories
Research instruments for changing systems.
Observatories organize recurring evidence around a defined question. Publication status, data date, and coverage limits remain attached to each instrument.
01
PublishedGlobal indicators
Zerion Taxi Index
How do regulated local-service entry prices and affordability differ across cities?
Compare taxi starting fares and audited work-time affordability as a narrow lens on locally delivered service costs.
34-city pilot; 22-city comparable core; seven audited wage denominators · Data observation: 1 September 2026 · Release v1.2: 8 September 202602
BetaHong Kong
MPF Gauge
How is an MPF fund performing relative to comparable peers and an appropriate benchmark?
Compare Hong Kong MPF funds within category and against recognized or explicitly constructed reference benchmarks.
24 schemes and 451 constituent funds · Official platform snapshot: 31 August 2026 · Method update: 9 October 2026Research approach
Make the chain of judgment inspectable.
A conclusion is useful only when a reader can see what supports it, what remains uncertain, and what would require a revision.
- 01Traceable evidence
Observations remain linked to dated source material wherever the research permits.
- 02Explicit assumptions
Interpretation is separated from fact, with model boundaries kept visible.
- 03Conditions for revision
Failure modes and contrary evidence are part of the analysis, not an afterthought.
- 04Dated revisions
Publication dates and material updates help prevent an old assessment from appearing current.
Work with Zerion
Begin with a defined question.
Zerion is open to discussing clearly scoped research enquiries where the objective, intended use, evidence requirements, and limitations can be made explicit. An enquiry does not imply availability or an engagement.
Founder
Daniel Poling Wong
Zerion grew from a practical question: how can independent conviction become more transparent, testable, and repeatable without outsourcing judgment to an institution, a single model, or market noise?
Read the purpose and founder story