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Reference page for core moat 9529. Updated as new context lands.

Related: confirmed compensation 6345, late retro 6401.

Cross-section thread: 2026-09-13 compensation. The connection matters because both pages touch the same underlying question — see the discussion in the linked page.

  • Hypothesis → engineer → moat. Worth a second pass; the hypothesis angle keeps coming back.
  • Inference → memo → process. Worth a second pass; the inference angle keeps coming back.