Changelog · newest first

What actually shipped, with the dates.

Including the corrections, the removals, and the claims we had to take back. Those are the entries worth reading.

The log

From 1 September 2026.

One line per change, newest first. Drafts and internal work are not listed — only things a reader or a subscriber can see. Entries marked in gold are fixes to something we got wrong. What comes next is on the roadmap.

25 Sep 2026
  • Scoreboard issue #2. A fifth test joins the page — do obsolete chips still clear near book? — and its first reading is WEAKENING, on Amazon shortening the useful life of a subset of its servers from six years to five. The rule for that test was written on 20 September, before the data was looked at, and it fired against the expectation we wrote down. See the scoreboard
  • The “last week” column now carries issue #1’s real figures rather than repeating this week’s, which is the promise the weekly format rests on. A dated one-line verdict now sits at the top of the page.
  • Test 1 updated with a primary document: CoreWeave’s convertible closed on 22 September upsized at $4.2bn — $3.0bn was announced — at a 2.875% coupon due 2033, unsecured. Issue #1 had named “the notes pricing and closing” as the thing that would move this test; it happened, and the grade stays SPLIT because the pattern is unchanged and only the size moved. See test 1
20 Sep 2026
  • Three contradictions in the Terms of Service, fixed rather than left for later. We banned “automated scraping” while inviting AI readers through llms.txt and publishing an open API — automated access to anything we publish openly is now expressly permitted with attribution, and the prohibition applies only to subscriber-only surfaces. We sold webhook delivery that does not exist and is not on the roadmap — the clause is removed, and the Terms now say plainly that it is not offered. And we asserted that subscribing “does not trigger any regulatory obligations to us”, which is not a conclusion we can grant ourselves — replaced with a plain description of what we do and do not do, which is what actually determines how a service is characterised.
  • Premium’s invalidation sheet now separates the two kinds of wrong. A slowdown strands the capital behind a product that only exists because AI load compounds; it merely compresses the multiple on a product that had a multi-decade customer anyway. Three of the twelve rows are the first kind, nine are the second, and the sheet had been listing them identically. An outside review caught the conflation.
  • The track record compared every position to the same benchmark: all eleven rows read “+110%” beside positions entered between 2020 and 2024, under a footnote claiming the benchmark was matched to each holding period. Recomputed per position — the column now runs from +51% to +158%. An outside review caught it. See the table · the correction
  • The homepage heading “Built by someone who actually trades it” contradicted the same site’s statement that the record is not money that was traded. It now reads “Built by the person who uses it.”
  • The Terms of Service had two identical “Governing Law” sections and two identical “Changes to Terms” sections — four numbered clauses carrying two pieces of content. Removed and renumbered. Also deleted a clause about referral credits for a programme we removed on 18 September, and raised the notice period for changing the Terms from 14 days to 30, matching the notice we already give for a price change. Read the Terms
  • The contract-roll guard on our own data collector now tells a contract roll apart from corrupted data, after it blocked crude-oil collection for three days and paged us hourly about a routine October-to-November roll. Not subscriber-facing; listed because the changelog is the record.
18 Sep 2026
  • The homepage is now one short page instead of 233KB of sales copy; the old version is archived, not deleted. See it
  • The weekly scoreboard came out of draft and is now public. Open it
  • Deleted every tier claim the code could not back: the 60-day Premium trial, exit-strategy guidance, the monthly recap, the macro bar, the private community, the weekly Q&A, and “re-evaluated every 15 minutes” on Radar, which has been hourly since 24 August.
  • Closed the paid-data leaks. The Distillery served its whole page to anyone behind a CSS overlay, the live signal’s ticker and its conviction score were readable without an account, and real-time alerts sold as Investor were reaching Basic. All four are now enforced on the server.
  • Our own 11 September track-record correction had never reached the homepage, which was still showing the old numbers in seven places, including the headline. An outside review caught it. Fixed.
  • The weekly digest moved from Sunday to Friday — the day we advertise — and now always carries the week’s published research and the scoreboard, so it is not empty in a quiet week.
  • Scoreboard: rows that carry a figure now come first, there is a column for what changed since last week, and each source links to the filing rather than to a site summarising it.
  • We advertised a 30-day full refund on the homepage and in our upgrade emails while our own Terms said “no partial refunds” and the cancel page told anyone past 24 hours that the window had closed. Three documents, three different promises. The Terms and the cancel page now state the 30-day guarantee we actually advertise, and say plainly that it overrides anything narrower. Read the Terms
  • The roadmap described the track record as free to “inspect all 87”. The page paywalls 82 of the 87 rows behind Investor. The roadmap now says which part is free and which is not, and admits the earlier wording was wrong.
  • Premium’s two exclusive pages — the scoreboard’s working copy and the invalidation sheet — were being charged for on the pricing card but were missing from the roadmap’s “available now” list, which is the list that page says you are paying for. Both are now on it. The Premium card also stopped listing The Distillery, which is an Investor feature the tier already includes.
  • Scoreboard: test 1’s “last week” cell now reads “new print, direction unchanged” rather than a bare “same”. The 17 September CoreWeave 8-K arrived and did not move the grade; those are two separate facts and the column shows both.
17 Sep 2026
  • First version of the weekly scoreboard, published unlisted so it could be reviewed before anyone was pointed at it.
  • Stopped selling exit-strategy guidance. Our own research found that trade management gave back more than it saved, and the onboarding email said so while the pricing card sold the opposite.
  • Published llms.txt on the public site. It had been a 404, so tools reading the site could not find the research library at all.
16 Sep 2026
  • Published the three-month re-score of the June AI-bubble tests, including the two things the June piece missed. Read it
  • America’s Trade: dated corrections added after outside review, with every remaining point re-checked against its source. Read it
12 Sep 2026
  • Published the piece explaining the track-record correction: what the numbers were, what they should have been, and the arithmetic. Read it
11 Sep 2026
  • Corrected the published track record downward: cumulative +380% became +343.5%, the S&P comparison +117% became +109.6%, and the win rate 83% became 82.8%. Every figure now carries the date it was measured and the average holding period behind it. See the page
  • The Decision Ledger’s headline number had been generated once in June and served as current ever since. Re-run, re-dated, and the stale-by-design part removed.
10 Sep 2026
  • Published a machine-readable index of the research library, which had been invisible to anything that was not a human clicking through. Browse it
4 Sep 2026
  • Published two deep dives: The Debt Machine and America’s Trade.
  • Added a freshness check after both had sat finished but unpublished, because nothing was watching for that.
3 Sep 2026
  • The Debt Machine: eight factual errors found in an outside review and fixed before publication, with the mechanism and the counter-argument added.
This log starts on 1 September 2026, which is when we started keeping it. Corrections to published articles also live in the corrections log, where they sit beside the claim they replace and are never removed.