Against the market
If each recorded board had become a standard set of hypothetical stock positions, how did it do against the semiconductor benchmark a month later?
Each recorded board, one month later
versus SOXX22 newer boardsno result yet
Board of 18 Aug 2026+0.3%
Board of 12 Aug 2026, 07:05+0.8%
Board of 12 Aug 2026, 06:54+0.8%
Board of 12 Aug 2026, 06:40+0.8%
Board of 12 Aug 2026, 06:18+3.2%
Board of 12 Aug 2026, 05:57+3.2%
Board of 12 Aug 2026, 05:37+3.2%
Board of 31 Jul 2026+5.2%
Board of 30 Jul 2026, 16:46+6.4%
Board of 30 Jul 2026, 16:14+6.4%
Board of 30 Jul 2026, 00:09+11.9%
Board of 29 Jul 2026, 23:41+11.9%
Board of 29 Jul 2026, 23:27+11.9%
Board of 21 Jul 2026+7.3%
Board of 8 Jul 2026, 19:01+1.7%
Board of 8 Jul 2026, 18:47+0.5%
The research book, to date
live, after costs · 4 rebalancesAgainst the semiconductor index · SOXX+4.86%
Against the S&P 500 · SPY−0.12%
Live measurement begins at eligible exchange closes after each decision was recorded. A dash means the total is unavailable. “Historical test” is a hindsight backtest, not a performance claim. Costs assume 10 basis points per trade, 5% annual debit financing and 3% annual short borrow. These are modeled costs, not observed brokerage terms. The figures do not establish investment skill.