One of the most time-consuming tasks for me is calculating my portfolio performance across many different accounts, with all kinds of option premiums, cash, margin, etc. There may be an error here or there, but the numbers are quite close. I do it because, first, it’s fun. Second, I think it’s easier said than done. You can talk and post a lot, but what you’ve actually accomplished matters. Say you’re bullish on a stock but don’t own it, or it makes up only 1% of your portfolio. If the stock triples, that 1% position adds only 2% to your portfolio. But if you go all in, that’s a 200% gain. The opposite can happen as well. It can be a life-changing decision, which is why it’s much harder to do than to say. I started sharing my research on Patreon, and later Substack, mostly to document my investing journey. I priced it at $5 at first, then $20 when I added trade updates. I was doing it for fun and didn’t really know what it would become. My thinking was simple: if the research helped a $1 million portfolio beat the market by just 1%, that would be $10,000 in extra returns, far more than the subscription fee. The results have been far beyond what I imagined. Even excluding margin and option premiums, my stock picks and position sizing have delivered 5.68 times QQQ’s return since I launched the Patreon research. That’s why I keep sharing the work. The research is interesting, but putting it to the test with my own portfolio, and showing the results, is what makes it meaningful to me. Thank you all for joining me along the way. It’s been a fun ride so far, and I’m excited to see where we go next.