Portfolio

Two scoreboards.

One tells me whether I am actually building wealth. The other tells me whether the investment decisions did anything useful after removing the fact that I keep adding money.

Invested assets ~$325K
Road to $1M32.5%
Latest snapshot · Oct 6, 2026 · all long-term accounts
Active stock sleeve · Taxable + Roth$155K
Active sleeve TWR78.70%
VOO TWR15.57%
Record began Dec 12, 2025 · total return · deposit timing stripped out · data through Oct 6, 2026
Allocation

Four sleeves. One portfolio.

The ticker weights are useful, but the sleeves tell me more about where I am making the same economic bet in several different ways.

Index — 52.1%Compounders — 24.8%AI Infrastructure — 17.9%Asymmetry — 5.2% 100% invested
Index52.1%$169KCompounders24.8%$80.6KAI Infrastructure17.9%$58.2KAsymmetry5.2%$16.9K

Allocation as of Oct 6, 2026 · invested assets as of Oct 6, 2026.

Curious where your own portfolio is concentrated? Try the Risk Map →

Sleeve drilldown

Okay, what is actually inside each slice?

This is where the pretty donut turns back into real positions. Each row shows the sleeve weight and whole-portfolio weight, then links to the actual thesis and model.

Index sleeve

Index

The boring half: broad exposure that earns the default dollar until an individual company clearly beats the opportunity cost. The 58 / 16 / 6 / 20 mix deliberately tilts toward small and mid caps, while keeping broad large-cap exposure lower so selected compounders can earn that capital when the opportunity is actually good.

52.1%
ExposureSleeve sharePortfolio weight
Large capIndex exposure
58.0%30.2% of portfolio
Mid capIndex exposure
16.0%8.3% of portfolio
Small capIndex exposure
6.0%3.1% of portfolio
InternationalIndex exposure
20.0%10.4% of portfolio
Why two scoreboards?

New money is not investment return.

Deposits make the account bigger no matter how good the investing was. The $1M number tracks wealth, TWR keeps the active result separate, and the matched-flow VOO comparison shows what the same dollars would have done in the boring alternative.

Open the full performance record →

Active portfolio vs same deposits in VOO+$25,644

Through Oct 6, 2026, this is how much higher the active portfolio ended than putting the exact same deposits into VOO. Nice number. Still not calling it alpha.

Living dossiers

The weights are only the map.

The weight is just the number on the front. The interesting part is the thesis, cost basis, model, risks and what would make me add, trim or do absolutely nothing. The weight will move; the dated record stays put.

Keep digging16 live stock dossiers

Browse the dossiers →

The email version

Mostly Nothing, when there is actually something to say.

Usually about once a week. Research notes, portfolio decisions, reviews and thesis updates—the useful stuff that comes out of doing the work, whether or not I traded that week.