Live Ledger · Running in the open

The experiment, running in the open.

Actual portfolio. Actual prices. Updated every market day from close. Not a simulation — these are the five-to-seven names selected by the rule on April 1st, held untouched until the next April, and marked to the market as they perform.

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Year Two · Portfolio — · S&P 500 — · day — of 365

$10,000 Today

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S&P 500 Benchmark

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Cumulative excess return vs S&P 500

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Excess vs benchmark

Day of Year

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of 365 · disclosed in arrears

Current year — Apr 2026 → Apr 2027: committed, not yet disclosed

The seven names for the current year were fixed and recorded in a tamper-evident ledger at entry. They will be published on 1 April 2027, once the year has closed and its return is final — and the reveal will be verifiable against the entry commitment. The only figure shown for the live year is the aggregate portfolio return.

Growth of Capital§ 01

Ten thousand dollars, day by day.

A hypothetical $10,000 equal-weighted across the selected names, marked to market every session. The benchmark line tracks the same starting capital invested in your chosen index.

$10,000 → —

Mīzān portfolio vs benchmark. Rebalance marker indicates the annual April turnover date.

Mīzān Portfolio S&P 500 Benchmark

Independently verified

The author competes in the U.S. Investing Championship (Money Manager Verified Ratings — the $1M+, long-only stock division), ranked 4th at +22.7% YTD as published by the organiser, 30 Apr 2026. Standings are published independently.

View the standings →

Diagnostics§ 02

Four views of risk.

Cumulative excess return, drawdown from peak, and rolling 30-day velocity. The lenses most relevant to judging whether the rule is behaving as expected.

Cumulative alpha

Mīzān return minus the benchmark, compounded daily.

Drawdown from peak

Distance below the portfolio's running high-water mark.

Rolling 30-day return

Trailing month performance, portfolio vs benchmark.

Monthly Heatmap§ 03

Cumulative return, month by month.

Portfolio and benchmark returns, compounded by calendar month. Each cell is one month; green indicates a positive month, rust a negative one.

Monthly return — Mīzān vs S&P 500

Disclosure§ 04

Disclosed one year in arrears.

During the live year only the aggregate portfolio return is shown. Once a year has closed and its return is final, that year's individual names and per-name returns are published in full.

Current year (live) · Portfolio — · S&P 500 — · day — of 365

Last disclosed year — Apr 2025 → Apr 2026

Closed and final. Portfolio +68.92% vs S&P 500 +16.80% · win rate 6 of 7 · equal-weighted, entered 1 April 2025 and held one full cycle.

Ticker	Final return
GEV	+184.32%
CRDO	+129.91%
SEZL	+75.29%
ROAD	+54.17%
APP	+37.19%
AS	+26.30%
TOST	−23.91%

Not investment advice

This is a personal research experiment, documented publicly. Nothing on this page is a recommendation to buy, sell, or hold any security. Past performance — backtested or realised — is not indicative of future results.

Data refreshed daily from Alpha Vantage via a Supabase function. Last data point: —. Prices reflect dividend and split adjustments where applicable. If you are making investment decisions, consult a licensed professional.