Investor letter 005 — Dual-gate all-in AVGO (2026-08-19)

To: LP
Prompt: v2.2.0

All-in now requires both Ackman quality (≥4/6) and all-in timing (one name, not chase, support + catalyst). Holding through a print / ~1 month+ is allowed when both passed. Still sell at +20–30%.

AVGO filled — @ $362.71 ($108). Quality 6/6. −25% vs June high, Q 2-sep pm, not a chase. Book is one name. No GTC stop.