BEDROCK

Bedrock is a low-risk, recession-resilient book — run in public. Consumer staples, healthcare, auto-parts, discount retail, waste, a utility and gold — everyday businesses that keep earning whatever the economy does. Bought equal-weight, then actively — but lightly — managed: reviewed twice a month, trading only when a rule says to. No AI, no semiconductors, no chasing.

It's the defensive counterweight to Apex's concentrated momentum book. The goal isn't to win every bull market — it's to beat inflation comfortably, keep rough pace with the S&P over time, and hold its ground when the high-fliers break. Paper-tracked, no brokerage connection. NAV is price return (excludes dividends) to mirror how a copy-trading platform scores a portfolio; dividends are tracked apart.

Names are chosen by purpose, not by trend — a basket of defensive leaders across staples, healthcare, auto-parts, discount retail, waste haulers, utilities, and gold as ballast, equal-weighted on the start date. From there it's reviewed twice a month (the first trading day on/after the 1st and the 15th), and only two things can trigger a trade: a band rebalance — trim a name that's run well above its equal slice, top up one that's slipped well below — and a health swap — if a holding falls 20%+ off its 3-month high, the defensive thesis has cracked, so it's replaced by the steadiest name on a vetted defensive bench. Most reviews do nothing; trades stay rare by design.

Set against Apex, it answers a different question: how much of the market's return can you keep while taking far less risk — and pulling ahead when the momentum trade rolls over?