THE PUBLIC RECORD / METHODOLOGY
Show the work.
Measure it honestly.
Nicholas has supplied one self-reported AVGO position; Lily’s portfolio is awaiting records. This is the publication standard for portfolio results, not a claim that any record has been independently verified.
01. Establish the record
We need dated buys and sells, quantities, execution prices, fees, distributions, transfers and any opening holdings. Brokerage evidence can be reviewed privately. Account numbers, addresses and other personal details do not belong in the public record.
The public page will state whether records are self-reported, checked against supplied statements, or independently verified. We will not call a record audited without an actual independent audit.
02. Calculate positions and P&L
Entries in the same symbol consolidate into one position while retaining their individual transaction dates. For supported long-only equities, average cost includes recorded purchase fees. Realized P&L is net sale proceeds less the cost allocated to the shares sold. Unrealized P&L is the latest dated market value less the remaining cost basis.
Total P&L includes realized and unrealized amounts plus documented cash distributions. Missing marks produce an unavailable unrealized and total figure, not a zero. Splits and other corporate actions must be reconciled before publishing an affected result. This presentation is not a tax-lot calculation.
03. Separate profit from performance
Dollar profit alone is not a portfolio return. Percentage returns, benchmark comparisons and an equity curve will remain unpublished until starting capital, cash movements and a complete valuation history are available. The page will disclose the chosen return calculation, period and treatment of dividends and fees before displaying a comparison.
04. Preserve the history
Closed positions belong in the record alongside winners and losers. Material corrections must carry a date and an explanation. A partial set of trades must be labeled as a selected record, not the author’s complete account performance.
05. Keep incentives visible
Applicants may be considered for a share of advertising revenue attributable to their pages. Revenue definitions, attribution, the percentage, eligible traffic, payment timing and thresholds must be agreed in writing before paid participation begins. Page views alone do not guarantee earnings. No Seeking Alpha affiliation is implied.