The ledger

How this is scored

• Calls are scored from a price a reader could have got, not the price when the letter went out. Next session open for equities, an hour after publication for crypto and prediction markets, the first weekly mark for everything slower.
• Every call carries kill conditions written down in advance, and a list of things that are explicitly not exits.
• Prediction markets are scored twice: on what they paid, and on the Brier score of the probability the call implied.
• A position with no usable price for four weeks running shows as unmarked. It never carries a stale number forward.
• The underlying file is append-only and hash chained, so an edited history does not verify.

No calls yet.

The first call goes on the ledger the week it is published. The rules above are already fixed, so it is measured the same way as the hundredth.

By row