You agree to the terms of service below, and the Terms of Use for Substack, the technology provider.

Last Updated: 25.03.2025

1. Acceptance of Terms
By accessing and using this website (the "Site"), you acknowledge that you have read, understood, and agreed to be bound by these Terms & Conditions ("Terms"). If you do not agree with these Terms, please do not use this Site.

2. No Financial Advice
The content on this Site is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. The owner of this Site is not a certified financial advisor, and the information provided should not be construed as personalized investment recommendations.

3. No Liability for Investment Decisions
Any investment decisions made based on the content of this Site are solely your responsibility. You should conduct your own research and due diligence before making any financial decisions. The owner of this Site and any affiliated parties are not responsible for any financial losses or damages arising from actions taken based on the information provided.

4. Accuracy of Information
While we strive to ensure accuracy, all financial data and market insights are based on publicly available information and third-party data providers (e.g., company reports, Koyfin, Seeking Alpha). Any estimates or forward looking statements made are inherently unreliable. We do not guarantee the accuracy, completeness, or timeliness of any information presented on the Site.

5. Third-Party Links & Affiliates
This Site may include links to third-party websites or affiliate partners. We do not endorse or take responsibility for the content, services, or accuracy of these external sites. Some links may be affiliate links, meaning we may receive compensation if you purchase through them.

6. Intellectual Property
All content, including but not limited to articles, research, graphics, and logos, is the intellectual property of the Site owner unless otherwise stated. Unauthorized use, reproduction, or distribution is prohibited without prior written consent.

7. Subscription & Paid Content
Certain content on this Site may be restricted to premium subscribers. By subscribing, you agree to pay the specified fees and acknowledge that subscriptions are non-refundable, except where required by law.

8. User Conduct
You agree to use this Site in a lawful manner and not engage in any activities that could compromise its security, interfere with its operation, or violate applicable laws.

9. Privacy Policy
By using this Site, you acknowledge and accept the terms outlined in our Privacy Policy, which details how we collect, store, and use your data.

10. Modifications to Terms
We reserve the right to modify these Terms at any time without prior notice. Continued use of the Site after updates constitute acceptance of the revised Terms.


If you have any questions regarding these Terms, please contact us at heavymoatinvestments@substack.com