Disclaimer
1. No investment advice
The service is for information and education only. Nothing in it is investment advice, a recommendation or an offer to buy or sell any financial instrument, and nothing in it takes your personal situation into account. Your investment decisions are your own and at your own risk; consider consulting a professional before investing.
2. Investment risk
Investing involves risk. The value of investments can go down as well as up, and you may lose all of your money. Past performance does not guarantee future returns.
3. The data
We cannot guarantee that the data are complete, accurate or current. 13F reports are published with a delay, so they show the recent past rather than today, and they may contain errors.
4. Hypothetical results
The performance of investors and of the paper portfolio is calculated in hindsight from the data available. It is hypothetical: it may leave out fees, taxes and real trading conditions, and it is made knowing what happened next. Real investments could have turned out differently.
5. Independence
The service is not affiliated with the SEC or with the investors or companies whose data it shows, and none of them approves or endorses it.