:root{--muted:#586b7b}.top-subscribe{color:var(--gold);font-weight:600}.eyebrow{font-size:11px;font-weight:700;letter-spacing:.12em;margin-bottom:12px;color:#526b7b}.primary-button,.utility-button{display:inline-flex;align-items:center;justify-content:center;gap:10px;min-height:44px;border-radius:6px;padding:10px 16px;font-size:14px;font-weight:600;line-height:1.4}.primary-button{background:var(--gold);color:var(--navy);border:1px solid transparent}.primary-button:hover{background:#efbd50}.utility-button{background:#fff;border:1px solid #ccd6df;color:#274458}.utility-button:hover{background:#edf3f7}.utility-button[aria-pressed=true]{background:var(--navy);color:#fff;border-color:var(--navy)}.text-link{display:inline-block;font-size:14px;font-weight:600;color:#285574;text-decoration:underline;text-underline-offset:4px}.start-here{display:grid;grid-template-columns:1.5fr 1fr;gap:30px;background:#fff;border:1px solid var(--line);border-radius:12px;overflow:hidden;margin:0 0 32px}.start-here>div:first-child{padding:30px}.start-here h2{font-size:28px;letter-spacing:-.7px;line-height:1.22;max-width:450px}.start-here p:not(.eyebrow){font-size:15px;color:#526879;margin:16px 0 22px;max-width:550px}.feature-links{display:flex;align-items:center;flex-wrap:wrap;gap:16px}.feature-mark{background:#122b3d;color:#c5d1d9;display:flex;flex-direction:column;justify-content:center;padding:30px;border-left:3px solid var(--gold)}.feature-mark>span{font-size:10px;letter-spacing:.13em}.feature-mark strong{font-size:clamp(40px,4vw,65px);letter-spacing:-2px;color:white;line-height:1.4;margin:12px 0}.feature-mark strong span{color:var(--gold)}.subscribe-panel{display:grid;grid-template-columns:1.5fr 1fr;gap:30px;align-items:center;background:#10283b;border:1px solid #223f53;border-radius:12px;color:white;padding:32px;margin:36px 0}.subscribe-panel .eyebrow{color:#ebc76e}.subscribe-panel h2{font-size:28px}.subscribe-panel p:not(.eyebrow){color:#c3d0da;font-size:15px;line-height:1.75;margin-top:12px;max-width:650px}.subscribe-action{display:flex;flex-direction:column;align-items:flex-start;gap:10px}.subscribe-action>span{font-size:12px;color:#bdcbd5}.library-tools{display:flex;align-items:center;gap:16px;margin-top:18px}.library-tools>span{font-size:12px;color:#586b7b}#saved-count{min-width:20px;padding:1px 6px;background:#e7edf1;color:#274458;border-radius:4px;font-size:12px}.continue-reading{border-left:3px solid #bd9231;background:#eef3f6;border-radius:6px;padding:20px 24px;display:flex;align-items:center;justify-content:space-between;gap:16px;margin-bottom:25px}.continue-reading .eyebrow{margin-bottom:6px}.continue-reading h2{font-size:18px}.continue-reading p:last-child{font-size:14px;color:#526879;margin-top:5px}.card-save{margin-top:12px;background:transparent;border:0;border-top:1px solid #e4eaf0;padding:12px 0 0;min-height:44px;text-align:left;color:#46647a;font-size:13px}.card-save[aria-pressed=true]{color:#234d3c;font-weight:700}.card-content .read-button{margin-top:auto}.article-actions{display:flex;flex-wrap:wrap;gap:8px;margin-top:18px}.article-actions .utility-button{font-size:12px;padding:9px 12px}.brief{background:#f7f9fb;border:1px solid #dce5ed;border-top:3px solid #d6ab4b;border-radius:8px;padding:28px;margin:0 0 24px;scroll-margin-top:110px}.brief-heading{display:flex;align-items:center;justify-content:space-between;gap:12px}.brief-heading .eyebrow{margin-bottom:8px}.brief-heading>span{font-size:10px;letter-spacing:.08em;color:#53697a;margin-bottom:8px}.brief h2{font-size:27px;letter-spacing:-.7px;margin-bottom:17px}.brief-thesis{font-size:16px;line-height:1.8;color:#304c61}.brief ul{padding-left:19px;font-size:15px;line-height:1.75;color:#385365;margin:18px 0}.brief li+li{margin-top:8px}.brief-bottom{display:grid;grid-template-columns:1fr 1fr;gap:22px;border-top:1px solid #dbe4eb;margin-top:20px;padding-top:20px}.brief-bottom h3{font-size:13px;margin-bottom:7px}.brief-bottom p{font-size:14px;line-height:1.75;color:#476073}.snapshot-note{font-size:12px;line-height:1.65;color:#596c7a;margin:20px 0 14px}.facts{border:1px solid #dce5ed;border-radius:8px;margin-bottom:34px;background:#fff}.facts summary{padding:18px 22px;cursor:pointer;display:flex;justify-content:space-between;align-items:center;gap:12px;font-size:16px;font-weight:700;list-style:none;min-height:65px}.facts summary::-webkit-details-marker{display:none}.facts summary small{display:block;font-size:12px;font-weight:400;color:#607486;margin-top:3px}.facts summary:focus-visible{outline:3px solid #458fca;outline-offset:3px}.facts[open] .details-icon{transform:rotate(45deg)}.facts-inner{padding:0 22px 22px}.facts-inner>.snapshot-note{margin:0 0 20px}.facts-grid{display:grid;grid-template-columns:1fr 1fr;gap:22px;margin:0}.facts-grid>div{border-top:1px solid var(--line);padding-top:16px}.facts dt{font-size:12px;color:#567082}.facts dd{margin:5px 0;font-size:23px;line-height:1.3;letter-spacing:-.5px;font-weight:700;overflow-wrap:anywhere}.facts-grid p{font-size:12px;line-height:1.7;color:#566d7e;margin:7px 0}.facts-grid a{font-size:12px;color:#285574;text-decoration:underline;text-underline-offset:3px}.resume-banner{background:#f9f2df;border:1px solid #dfcc95;border-radius:6px;margin-top:15px;padding:12px;display:flex;flex-wrap:wrap;gap:12px;align-items:center;justify-content:space-between;font-size:13px}.resume-banner button{background:transparent;border:0;color:#214865;text-decoration:underline;min-height:40px;font-size:13px;font-weight:600}.section-copy{display:inline-block;vertical-align:middle;border:1px solid #dce5ed;border-radius:5px;padding:5px 9px;margin-left:10px;background:#f6f9fb;color:#4a6578;font-size:11px;line-height:1.4;min-height:32px;font-weight:400;letter-spacing:0}.section-copy:hover{background:#e8eff5}.article-body{scroll-margin-top:110px}.article-body .footnote{padding:12px 0;border-bottom:1px solid #e5ebf0;scroll-margin-top:110px}.article-body [id^=footnote]{scroll-margin-top:110px}.article-body a.source-url{overflow-wrap:anywhere;font-size:13px;line-height:1.6}.reader-announcement{position:fixed;bottom:20px;left:50%;transform:translate(-50%,20px);opacity:0;pointer-events:none;z-index:50;background:#102a3c;color:#fff;border-radius:8px;padding:12px 18px;box-shadow:0 6px 22px #0002;font-size:14px;max-width:calc(100vw - 32px);width:max-content;transition:opacity .15s,transform .15s}.reader-announcement.visible{opacity:1;transform:translate(-50%,0)}dialog{border:1px solid #dce5ed;border-radius:12px;padding:28px;max-width:540px;width:calc(100vw - 32px);color:var(--text)}dialog::backdrop{background:#102a3c88}dialog p{font-size:14px;margin:15px 0}dialog input{width:100%;padding:12px;border:1px solid #bccbd7;border-radius:5px;margin-bottom:16px}.sr-only{position:absolute;width:1px;height:1px;padding:0;margin:-1px;overflow:hidden;clip:rect(0,0,0,0);white-space:nowrap;border:0}.media-notice{border:1px solid var(--line);border-radius:8px;padding:25px;background:#f7f9fb}.media-notice .primary-button{color:#10283b;text-decoration:none}.article-body blockquote,.article-body .pullquote{line-height:1.8}.related-card p{line-height:1.7;color:#567083}.description{color:#586d7e}.overline{color:#596f80}.card-meta{color:#586d7e}.contents a{color:#536b7e}.article-body iframe{border-radius:6px}.search:focus-within{outline:2px solid #458fca;outline-offset:2px}
@media(min-width:1500px){.reading-paper{padding:42px}.reading-layout{gap:26px}}
@media(max-width:1100px){.start-here{grid-template-columns:1fr}.feature-mark{display:none}.subscribe-panel{grid-template-columns:1fr;gap:22px}.brief-bottom{grid-template-columns:1fr;gap:17px}}
@media(max-width:700px){.top-subscribe{display:flex;font-size:12px;gap:5px;margin-left:auto}.brand{font-size:12px}.brand small{font-size:7px}.topbar{gap:10px;padding:0 14px}.top-subscribe span{display:none}.start-here>div:first-child{padding:23px}.start-here h2{font-size:26px}.start-here{margin-bottom:24px}.feature-links{align-items:flex-start;flex-direction:column;gap:14px}.library-tools{align-items:flex-start;flex-direction:column;gap:8px}.continue-reading{padding:18px;align-items:flex-start}.continue-reading .utility-button{white-space:nowrap;font-size:12px}.subscribe-panel{padding:24px}.subscribe-panel h2{font-size:25px}.brief{padding:21px 18px}.brief h2{font-size:25px}.brief-thesis{font-size:15px}.brief ul{font-size:14px}.brief-heading>span{font-size:9px}.facts summary{padding:16px}.facts-inner{padding:0 16px 20px}.facts-grid{grid-template-columns:1fr;gap:16px}.facts dd{font-size:22px}.article-actions{gap:7px}.article-actions .utility-button{font-size:12px;padding:9px 10px}.reading-paper{padding:24px 17px}.reader-tools{gap:10px}.section-copy{min-height:40px}.sidebar nav a{min-height:44px}.chips button{min-height:44px}.article-body h2{font-size:24px}.snapshot-note{font-size:11px}.subscribe-action .primary-button{width:100%}.subscribe-action{align-items:stretch}}
@media(max-width:370px){.brand small{display:none}.brand{font-size:11px}.topbar{padding:0 10px}.top-subscribe{font-size:11px}.brief-heading{align-items:flex-start;flex-direction:column;gap:0}.article-actions .utility-button{flex:1}.article-actions [data-print]{flex-basis:100%}}
@media print{@page{margin:17mm}body{background:#fff;color:#111;font:11pt/1.55 Georgia,serif}.topbar,.sidebar,.skip,.back,.contents,.reader-tools,#mobile-contents,.article-actions,.resume-banner,#reading-progress,.related,.subscribe-panel,.reader-announcement,.section-copy,dialog,footer{display:none!important}main,.reading-main{margin:0;padding:0}.reading-layout{display:block}.reading-paper{padding:0;border:0;border-radius:0}.article-head h1{font-size:27pt}.article-head .subtitle{font-size:12pt}.article-head{margin-bottom:20px;padding-bottom:18px}.article-body{font-size:11pt;line-height:1.65;color:#111}.article-body p{orphans:3;widows:3}.article-body h2,.article-body h3{break-after:avoid;font-size:17pt}.article-body img{max-height:210mm;object-fit:contain;break-inside:avoid}.article-body figure{break-inside:avoid}.article-body iframe{display:none}.brief{background:#fff;border:1px solid #aaa;padding:18px;break-inside:avoid}.brief h2{font-size:18pt}.brief-thesis,.brief ul{font-size:10pt}.brief-bottom{grid-template-columns:1fr 1fr}.brief-bottom p{font-size:9pt}.facts{break-inside:avoid}.facts>summary{display:block}.facts>summary .details-icon{display:none}.facts .facts-inner{display:block!important}.facts-grid{grid-template-columns:1fr 1fr}.facts dd{font-size:16pt}a{color:#111}.original{display:block}.author-icon{background:none;color:#111;border:1px solid #aaa}.article-body a.source-url{font-size:8pt;word-break:break-all}.snapshot-note{font-size:8pt}}
.excerpt-notice{border-left:3px solid #b8c9d5;background:#f3f7fa;padding:17px 20px;margin-bottom:28px;font-size:13px;color:#405d72}.excerpt-notice p{margin:7px 0 10px;line-height:1.7}.excerpt-notice .text-link{font-size:13px}
/* Keep new reading content and controls comfortable at narrow widths. */
.eyebrow,.brief-heading>span{font-size:12px}.brief-thesis,.brief ul,.brief-bottom p{font-size:1rem}.brief-bottom h3{font-size:14px}.snapshot-note{font-size:12px}.facts-grid a,.section-copy,.article-actions .utility-button{font-size:14px}.start-here p:not(.eyebrow),.subscribe-panel p:not(.eyebrow){font-size:1rem}
@media print{.brief-thesis,.brief ul{font-size:10pt}.brief-bottom p{font-size:9pt}.eyebrow,.brief-heading>span,.snapshot-note{font-size:8pt}.section-copy{display:none}}

.company-profile{padding:clamp(20px,5vw,64px)}.profile-image{display:block;max-width:100%;height:auto;margin:24px auto}.profile-link{padding:0 24px 24px}.company-profile .facts{margin:28px 0}

.landing-hero{display:grid;grid-template-columns:minmax(0,1.55fr) minmax(270px,.75fr);gap:0;background:linear-gradient(125deg,#0b1f31,#153e57 62%,#1d4b66);border-radius:16px;overflow:hidden;color:#fff;box-shadow:0 18px 45px #102a3c22;margin:0 0 48px}.landing-copy{padding:clamp(34px,5vw,68px);position:relative}.landing-copy:after{content:"";position:absolute;width:260px;height:260px;border:1px solid #efc05c55;border-radius:50%;right:-105px;bottom:-160px}.landing-hero .overline{color:#eec66a;margin-bottom:18px}.landing-hero h1{font-size:clamp(2.6rem,5vw,5rem);line-height:.98;letter-spacing:-.065em;max-width:720px;margin:0}.landing-hero h1 em{color:#f1c45f;font-family:Georgia,serif;font-weight:400}.mission-text{max-width:620px;font-size:1.15rem;line-height:1.7;color:#d8e4ea;margin:26px 0 30px}.mission-actions{display:flex;gap:20px;align-items:center;position:relative;z-index:1}.mission-actions .text-link{color:#fff}.mission-panel{padding:clamp(30px,4vw,52px) clamp(25px,3vw,40px);background:#07172552;border-left:1px solid #ffffff22;display:flex;flex-direction:column;justify-content:space-between}.mission-panel .eyebrow{color:#eec66a}.mission-panel>p:not(.eyebrow){font-size:1.05rem;line-height:1.75;color:#e2ecf1;margin:0 0 36px}.mission-panel ol{list-style:none;margin:0;padding:0;border-top:1px solid #ffffff2e}.mission-panel li{padding:14px 0;border-bottom:1px solid #ffffff2e;color:#f2f6f8;font-size:.9rem}.mission-panel li span{color:#eec66a;font-size:.72rem;letter-spacing:.1em;margin-right:12px}body[data-page-view="insights"] .landing-hero{display:none}@media(max-width:900px){.landing-hero{grid-template-columns:1fr}.mission-panel{border-left:0;border-top:1px solid #ffffff22}.mission-panel>p:not(.eyebrow){margin-bottom:22px}}@media(max-width:700px){.landing-hero{margin:0 0 30px;border-radius:11px}.landing-copy{padding:34px 24px}.landing-hero h1{font-size:2.65rem}.mission-text{font-size:1rem;margin:20px 0 25px}.mission-actions{align-items:flex-start;flex-direction:column;gap:16px}.mission-panel{padding:26px 24px}.mission-panel>p:not(.eyebrow){font-size:.98rem}.page-heading{scroll-margin-top:92px}}

/* Company directory */
.company-directory{max-width:1280px;margin:0 auto;padding:72px 56px 100px}.directory-head{max-width:830px;border-bottom:1px solid #d8d1c4;padding-bottom:36px}.directory-head h1{font-family:Georgia,serif;font-size:clamp(2.8rem,5vw,5.2rem);line-height:.98;letter-spacing:-.055em;margin:14px 0 22px;color:#10283a}.directory-head h1 em{font-weight:400;color:#b67d30}.directory-head>p:not(.overline){font-size:1.15rem;line-height:1.65;max-width:720px;color:#51606a}.directory-disclaimer{margin-top:27px;background:#eef3f0;border-left:3px solid #af7931;padding:15px 18px;font-size:.9rem;line-height:1.55;color:#43525a}.directory-tools{display:flex;justify-content:space-between;align-items:center;gap:20px;margin:34px 0 22px}.directory-tools .search{width:min(440px,100%);background:#fff;border:1px solid #d8d1c4;padding:0 14px}.directory-tools .search input{width:100%;border:0;padding:14px 0;background:transparent;font:inherit;outline:0}.directory-tools span{font-size:.82rem;text-transform:uppercase;letter-spacing:.08em;color:#6a7172}.company-directory-grid{display:grid;grid-template-columns:repeat(2,minmax(0,1fr));gap:20px}.company-directory-card{background:#fff;border:1px solid #dcd6ca;padding:28px;display:flex;flex-direction:column;min-height:430px;box-shadow:0 4px 18px rgba(17,37,52,.035)}.company-card-kicker{display:flex;justify-content:space-between;font-size:.72rem;letter-spacing:.1em;text-transform:uppercase;color:#8b6b40}.company-directory-card h2{font-family:Georgia,serif;font-size:2rem;letter-spacing:-.035em;margin:15px 0 8px}.company-directory-card h2 a{color:#10283a;text-decoration:none}.company-directory-summary{line-height:1.5;color:#52616a;margin:0 0 18px}.funding-context{padding:13px 0;border-top:1px solid #e6e0d6;border-bottom:1px solid #e6e0d6;display:grid;gap:4px}.funding-context span,.thesis-label{font-size:.67rem;text-transform:uppercase;letter-spacing:.1em;color:#737979}.funding-context strong{font-size:.92rem;color:#1d3546}.thesis-columns{display:grid;grid-template-columns:1fr 1fr;gap:22px;margin:21px 0 14px}.thesis-columns p{font-size:.88rem;line-height:1.5;margin:7px 0 0;color:#4f5b63}.thesis-label.bull{color:#2f755c}.thesis-label.bear{color:#a24f41}.company-directory-notes{padding-left:17px;margin:4px 0 18px;color:#58646b;font-size:.83rem;line-height:1.5}.company-profile-link{margin-top:auto;color:#9a6928;font-weight:700;text-decoration:none;font-size:.88rem}@media(max-width:760px){.company-directory{padding:40px 20px 70px}.company-directory-grid{grid-template-columns:1fr}.directory-tools{align-items:flex-start;flex-direction:column}.company-directory-card{padding:23px}.thesis-columns{gap:14px}}

/* Dense scan view: all twenty companies sit in one consistent grid. */
@media(min-width:1180px){.company-directory{max-width:1600px;padding-left:42px;padding-right:42px}.company-directory-grid{grid-template-columns:repeat(5,minmax(0,1fr));gap:12px}.company-directory-card{min-height:0;padding:18px}.company-directory-card h2{font-size:1.35rem;margin:10px 0 6px}.company-directory-summary{font-size:.78rem;line-height:1.38;margin-bottom:11px}.funding-context{padding:9px 0}.funding-context strong{font-size:.76rem;line-height:1.35}.thesis-columns{gap:9px;margin:13px 0 8px}.thesis-columns p{font-size:.74rem;line-height:1.35}.company-directory-notes{display:none}.company-profile-link{font-size:.76rem;margin-top:8px}.company-card-kicker{font-size:.62rem}.funding-context span,.thesis-label{font-size:.58rem}}
@media(min-width:761px) and (max-width:1179px){.company-directory-grid{grid-template-columns:repeat(3,minmax(0,1fr))}.company-directory-card{min-height:0}}