Candlewick

Strategy playbooks

Public research library

Research concepts.

Plain-language guidance for reading historical performance, portfolio risk, and data quality. These pages are not predictions or recommendations.

Historical performance — How to read a portfolio's historical path, return observations, and drawdowns without turning the past into a promise.
Portfolio risk — A practical guide to volatility, drawdown, concentration, and exposure as different descriptions of portfolio uncertainty.
Data quality and evidence — Why source, coverage, freshness, currency basis, and missing observations belong beside every portfolio research result.