The Holding Period
  1. Home /
  2. Public Ledgers

Public Ledgers

The ledgers are audit trails. They are not the homepage, the research product, or a recommendation engine. They record what was named, when it was named, and what evidence label it carried at the time.

  • 25-Year Public Ledger One public company per quarter, entered for a 25-year hold and tracked against the S&P 500 Total Return index. The public accountability experiment.
    →
  • The 5-Year Ledger A five-year holding-period audit trail. Not a recommendation.
    →

Returns shown are total return assuming reinvestment of dividends. Stock series use adjusted close prices. Benchmark is S&P 500 Total Return index (^SP500TR). Not investment advice.

© 2026 The Holding Period
  • FAQ
  • Contact