P2-S01 · W7 · Entirely fictional client sample
Cash buffer remains insufficient; concentration persists
Down 8.48%, versus 8.90% for original buy-and-hold. Cash is 4.43%, while Tesla remains 59.22%. Prior trimming cushioned losses without resolving the risk mismatch.
Observation: 30 October close to 6 November close, 2026. Published 9 November.
One-minute decision board
No new trades, zero turnover and $0 new implementation cost this week.
Three comparison paths
Versus original: 0.42 percentage points; versus policy: -7.30 percentage points. Policy: 60% SPY, 30% SGOV, 10% GLD; reconstructed reference for S01.
Original and current holdings
| Security | Initial weight | Current weight |
|---|---|---|
| TSLA | 60% | 59.22% |
| NVDA | 20% | 18.39% |
| COIN | 15% | 12.95% |
| GLD | 5% | 5.01% |
| Cash | 0% | 4.43% |
P2 and P2-S01 have independent ledgers. S01 W0–W2 is a historical reconstruction.
Next step and invalidation
A simulation plan was recorded before the 9 November session to reach 5% cash: resize the necessary Tesla sale using that day’s regular close and pre-trade NAV, deduct 10bps cost and round shares down to six decimals. The 6 November illustration is $5,457.33. No fill has occurred; it is excluded from W7.
Missing/conflicting prices, a suspension, negative cash, insufficient shares or a budget breach cancel the whole simulation ticket without automatic rollover. Target allocations do not establish current compliance.
Risk and data limitations
Maximum within-week daily-close drawdown: 11.09%; Daily-return sample SD: 4.61% (n=5). Not annualized; intraday risk is excluded. Full-history metrics remain unresolved.
Public regular-session closes are used, with distributions separately booked. This case received no distributions this week. Cash earns no interest; tax is not modeled. Not all prices have two-source verification.
Questions
Any trades this week?
No. Previously booked simulated fills are not repeated. The next plan is excluded from this week’s returns.
Is this real client performance?
No. People, holdings and trades are fictional tests. Short-term results do not establish long-term skill.
Is all historical data verified?
No. Early prices, decision timestamps and full-history risk metrics remain unresolved. The S01 policy benchmark is reconstructed.