The committee
Five seats, each auditing a different way a position can fail, coordinated by a non-voting deterministic chair. 4 of 5 seats must approve before a thesis can become a trade — the committee is a keep/drop filter, not a stock picker.
Forensic Accounting & Earnings Quality Anthropic Claude Opus 5
Audits accrual quality, Beneish M-score inputs, revenue recognition, days-sales-outstanding divergence, and restatement history.
Capital Allocation & Dilution OpenAI GPT-5.6 Terra
Tests asset growth, net share issuance, buyback-versus-compensation offset, ROIC versus WACC, and acquisition accounting.
Solvency & Distress Anthropic Claude Sonnet 5
Checks leverage, interest coverage, cash runway, the refinancing wall, floating-rate share, covenant headroom, and going-concern language.
Adversarial / Disconfirming Evidence Perplexity Agent API
Retrieves short interest and days-to-cover, active litigation and regulatory actions, insider selling, the strongest credible bear thesis, and auditor and CFO turnover. The only seat with live retrieval.
Business-Model Fragility Google Gemini 3.7 Flash
Probes customer and supplier concentration, single-product or single-channel dependence, regulatory-regime dependence, and twelve-month moat durability.
Published votes
Nothing yet. The first vote publishes here once the canary opens.