Hawkshaw's "Track Record" represents the arithmetic mean of 100% of realized (closed) research positions published by Hawkshaw over the disclosed period. This composite includes all closed ideas and does not exclude any underperforming recommendations. Open positions that were published in the past 12 months are excluded until closed. Positions are closed 12 months after the report date unless closed earlier through an email to clients and a public post (e.g., LinkedIn). Alpha is measured vs the SPY. Results are hypothetical and do not reflect actual trading. Information on this site should not be construed as investment advice or a recommendation to buy or sell any security. Any references to past performance are not indicative of future results.