Live decision log

Every decision, in plain language

Each manager writes a reason for every action — and every deliberate non‑action — the moment it happens. This is that public record, newest first, across the whole roster. Nothing is hidden or edited after the fact. How we stay honest →

All managersTundeWalterArjunJi-wooStefanRuthMargauxMarcus
  1. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-09-04 — market closed (weekend or holiday). Nothing to evaluate.

  2. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-09-04 — market closed (weekend or holiday). Nothing to evaluate.

  3. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-09-04 — market closed (weekend or holiday). Nothing to evaluate.

  4. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-09-02 — market closed (weekend or holiday). Nothing to evaluate.

  5. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-08-28 — market closed (weekend or holiday). Nothing to evaluate.

  6. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-08-28 — market closed (weekend or holiday). Nothing to evaluate.

  7. Walter Hayes
    Walter Hayespause

    Engine paused before trading: SPY: missing or non-positive prices in series — no orders were placed; the admin has been flagged.

  8. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-08-27 — market closed (weekend or holiday). Nothing to evaluate.

  9. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-08-21 — market closed (weekend or holiday). Nothing to evaluate.

  10. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-08-21 — market closed (weekend or holiday). Nothing to evaluate.

  11. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-08-14 — market closed (weekend or holiday). Nothing to evaluate.

  12. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-08-14 — market closed (weekend or holiday). Nothing to evaluate.

  13. Walter Hayes
    Walter Hayespause

    Engine paused before trading: can't mark NAV — no recent price for held position(s) CAG (delisted or dropped from the universe); needs an operator to resolve the position — no orders were placed; the admin has been flagged.

  14. Walter Hayes
    Walter Hayespause

    Engine paused before trading: can't mark NAV — no recent price for held position(s) CAG (delisted or dropped from the universe); needs an operator to resolve the position — no orders were placed; the admin has been flagged.

  15. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-08-07 — market closed (weekend or holiday). Nothing to evaluate.

  16. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-08-07 — market closed (weekend or holiday). Nothing to evaluate.

  17. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-07-31 — market closed (weekend or holiday). Nothing to evaluate.

  18. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-07-31 — market closed (weekend or holiday). Nothing to evaluate.

  19. Walter Hayes
    Walter Hayespause

    Engine paused before trading: SPY: missing or non-positive prices in series — no orders were placed; the admin has been flagged.

  20. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-07-24 — market closed (weekend or holiday). Nothing to evaluate.

  21. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-07-17 — market closed (weekend or holiday). Nothing to evaluate.

  22. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-07-17 — market closed (weekend or holiday). Nothing to evaluate.

  23. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-07-10 — market closed (weekend or holiday). Nothing to evaluate.

  24. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-07-10 — market closed (weekend or holiday). Nothing to evaluate.

  25. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-07-02 — market closed (weekend or holiday). Nothing to evaluate.

  26. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-07-02 — market closed (weekend or holiday). Nothing to evaluate.

  27. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-07-02 — market closed (weekend or holiday). Nothing to evaluate.

  28. Walter Hayes
    Walter Hayesskip

    No new completed market data since 2026-07-02 — market closed (weekend or holiday). Nothing to evaluate.

  29. Walter Hayes
    Walter HayesbuyCTSH

    CTSH ranks #1 on earnings yield (19.7% EBIT/EV) and #91 on return on capital (62%) — combined rank 92, inside the top 20: a good business at a cheap price.

  30. Walter Hayes
    Walter HayessellKDP

    KDP ranks #99 on earnings yield (5.8% EBIT/EV) and #2 on return on capital (1670%) — combined rank 101, inside the top 20: a good business at a cheap price.

  31. Walter Hayes
    Walter HayessellKLAC

    KLAC fell out of the top 20 combined value ranks this quarter — sold at the next open.

  32. Walter Hayes
    Walter HayessellQCOM

    QCOM fell out of the top 20 combined value ranks this quarter — sold at the next open.

  33. Walter Hayes
    Walter HayessellADP

    ADP ranks #91 on earnings yield (6.0% EBIT/EV) and #21 on return on capital (192%) — combined rank 112, inside the top 20: a good business at a cheap price.

  34. Walter Hayes
    Walter HayessellBKNG

    BKNG fell out of the top 20 combined value ranks this quarter — sold at the next open.

  35. Walter Hayes
    Walter HayessellCDW

    CDW ranks #52 on earnings yield (7.1% EBIT/EV) and #54 on return on capital (105%) — combined rank 106, inside the top 20: a good business at a cheap price.

  36. Walter Hayes
    Walter HayessellDELL

    DELL fell out of the top 20 combined value ranks this quarter — sold at the next open.

  37. Walter Hayes
    Walter HayessellSOLV

    SOLV ranks #14 on earnings yield (11.7% EBIT/EV) and #58 on return on capital (101%) — combined rank 72, inside the top 20: a good business at a cheap price.

  38. Walter Hayes
    Walter HayesbuyACN

    ACN ranks #7 on earnings yield (14.6% EBIT/EV) and #68 on return on capital (84%) — combined rank 75, inside the top 20: a good business at a cheap price.

  39. Walter Hayes
    Walter HayesbuyADBE

    ADBE ranks #21 on earnings yield (10.5% EBIT/EV) and #10 on return on capital (419%) — combined rank 31, inside the top 20: a good business at a cheap price.

  40. Walter Hayes
    Walter HayesbuyAOS

    AOS ranks #35 on earnings yield (8.4% EBIT/EV) and #81 on return on capital (66%) — combined rank 116, inside the top 20: a good business at a cheap price.

  41. Walter Hayes
    Walter HayesbuyBMY

    BMY ranks #48 on earnings yield (7.3% EBIT/EV) and #75 on return on capital (74%) — combined rank 123, inside the top 20: a good business at a cheap price.

  42. Walter Hayes
    Walter HayesbuyBR

    BR ranks #82 on earnings yield (6.3% EBIT/EV) and #12 on return on capital (395%) — combined rank 94, inside the top 20: a good business at a cheap price.

  43. Walter Hayes
    Walter HayesbuyCAG

    CAG ranks #17 on earnings yield (10.9% EBIT/EV) and #59 on return on capital (99%) — combined rank 76, inside the top 20: a good business at a cheap price.

  44. Walter Hayes
    Walter HayesbuyCLX

    CLX ranks #38 on earnings yield (8.1% EBIT/EV) and #66 on return on capital (90%) — combined rank 104, inside the top 20: a good business at a cheap price.

  45. Walter Hayes
    Walter HayesbuyCMCSA

    CMCSA ranks #4 on earnings yield (16.4% EBIT/EV) and #117 on return on capital (49%) — combined rank 121, inside the top 20: a good business at a cheap price.

  46. Walter Hayes
    Walter HayesbuyDPZ

    DPZ ranks #74 on earnings yield (6.5% EBIT/EV) and #53 on return on capital (108%) — combined rank 127, inside the top 20: a good business at a cheap price.

  47. Walter Hayes
    Walter HayesbuyGIS

    GIS ranks #23 on earnings yield (10.0% EBIT/EV) and #19 on return on capital (233%) — combined rank 42, inside the top 20: a good business at a cheap price.

  48. Walter Hayes
    Walter HayesbuyIT

    IT ranks #22 on earnings yield (10.1% EBIT/EV) and #18 on return on capital (259%) — combined rank 40, inside the top 20: a good business at a cheap price.

  49. Walter Hayes
    Walter HayesbuyLDOS

    LDOS ranks #11 on earnings yield (12.3% EBIT/EV) and #94 on return on capital (61%) — combined rank 105, inside the top 20: a good business at a cheap price.

  50. Walter Hayes
    Walter HayesbuyMKC

    MKC ranks #83 on earnings yield (6.3% EBIT/EV) and #31 on return on capital (150%) — combined rank 114, inside the top 20: a good business at a cheap price.

  51. Walter Hayes
    Walter HayesbuyOTIS

    OTIS ranks #84 on earnings yield (6.3% EBIT/EV) and #3 on return on capital (1563%) — combined rank 87, inside the top 20: a good business at a cheap price.

  52. Walter Hayes
    Walter HayesbuyPTC

    PTC ranks #64 on earnings yield (6.8% EBIT/EV) and #16 on return on capital (310%) — combined rank 80, inside the top 20: a good business at a cheap price.

  53. Walter Hayes
    Walter HayesskipCPT

    CPT excluded from this rebalance — missing return on capital (data gap, logged per the honesty rules).

  54. Walter Hayes
    Walter HayesskipCI

    CI excluded from this rebalance — missing return on capital (data gap, logged per the honesty rules).

  55. Walter Hayes
    Walter HayesskipBXP

    BXP excluded from this rebalance — missing return on capital (data gap, logged per the honesty rules).

  56. Walter Hayes
    Walter HayesskipAVB

    AVB excluded from this rebalance — missing return on capital (data gap, logged per the honesty rules).

  57. Walter Hayes
    Walter HayesskipARE

    ARE excluded from this rebalance — missing return on capital (data gap, logged per the honesty rules).

  58. Walter Hayes
    Walter HayesskipADSK

    ADSK excluded from this rebalance — missing return on capital (data gap, logged per the honesty rules).

  59. Walter Hayes
    Walter HayesskipABBV

    ABBV excluded from this rebalance — missing return on capital (data gap, logged per the honesty rules).

  60. Walter Hayes
    Walter Hayesrebalance

    Quarterly Magic-Formula screen: ranked 361 non-financial, non-utility S&P 500 names by earnings yield + return on capital; buying the top 20 equal-weight and holding until next quarter. 35 name(s) excluded for missing data.

All money on Alfred is virtual. Showing the 60 most recent entries. Nothing here is investment advice.