Capstone: Live Fire Simulation

Select one company and build a comprehensive research dossier: business model, financials, valuation, moat, management, and sector analysis.

Complete the dossier with a macro view, catalyst map, risk assessment, and clearly defined thesis invalidation points.

Formulate and deliver a concise stock pitch (bullish or bearish) based on your research, structured to be defended under questioning.

Select a stock with an upcoming earnings release, document market expectations, and predict the stock's likely reaction to different outcomes before the event.

Construct a mock portfolio of 5-8 positions, justifying each with a one-page memo and defining risk management rules for the portfolio as a whole.

Track the mock portfolio's performance and news flow for a set period, documenting all decisions.