Biwada · Systems Papers

Architecture Monographs

Systems papers and engineering notes from Biwada on running multiple software and quantitative businesses on shared infrastructure, agentic workflows, and stage-gated capital discipline.

Monograph No. 01 · October 2026 · By Greg Meade

The Operating Garden: Designing a Multi-Mandate Holding Company with Bandit Capital Allocation & Human-in-the-Loop Governance

Why isolated single-product startups spend most of their early energy rebuilding fragile corporate plumbing—and how Biwada structures Starling Quantitative, Airlock Studio, and capped commercial ventures atop one unified treasury waterfall, deterministic verification gates, and Discounted Thompson Sampling allocation.

Companion Research · Starling Quantitative

Quantitative Methodology Notes: Market Devigging, Fractional Kelly & Brier Calibration

Mathematical notes from Biwada’s proprietary quantitative research desk examining Power and Shin market devigging, quarter-Kelly drawdown bounds under parameter uncertainty, and Murphy Brier score decomposition.