Inspired by Phil Town’s Rule #1 Investing

Invest with confidence.
Research with discipline.

A private research notebook for Rule #1 investors: rate moats, track the Big 5 numbers, calculate Sticker Price and Margin of Safety, and keep your research notes in one place.

Moat Scorecard

Rate brand, toll bridge, switching, secret, and price moats to judge a business's durable advantage.

Big 5 Numbers

Track ROIC, equity, sales, EPS, and free cash flow growth over time.

Sticker & MOS

Calculate Sticker Price and buy-at Margin of Safety with live price updates.

Research Journal

Attach dated notes to every company so your thesis is never lost.