Value-based stock research for investors who outgrew index funds.
$250 / year · flat fee, no % of assets
The Market Note · free
One short read to start the week — roughly four minutes, written the same way we write research.
No picks — those are the membership. One click unsubscribes, and we never share your address. Read a sample issue.
Live book
Real names from the live example portfolio, not a simulation. Returns are marked from our entry price and move with the market.
How Outpick works
A fixed cadence of stock research, an example portfolio run in the open, and a written note every time a position opens or closes.
Fundamentals, revisions, and sector-relative context across ~3,600 US-listed stocks. One high-conviction business clears the bar every two weeks.
~3,600US-listed names
Each note covers the business case, the figures behind it, the risks, and what would have to be true for us to be wrong. You read the research, then decide.
CRS
Carpenter Technology
Specialty alloys with pricing power the market still underweights
In the note
Thesis · financials · cycle context · exit rules
A position is held while the reasons for owning it hold. Most of what the price does in between is noise we are deliberately not reacting to.
Every entry, trim, and exit stays on the page
Every closed position gets an exit note: what changed, the rule that closed it, and what the round trip returned. The losers get the same write-up as the winners.
Published every time a position closes — including the ones that lost
Fundamentals, revisions, and sector-relative context across ~3,600 US-listed stocks. One high-conviction business clears the bar every two weeks.
~3,600US-listed names
Each note covers the business case, the figures behind it, the risks, and what would have to be true for us to be wrong. You read the research, then decide.
CRS
Carpenter Technology
Specialty alloys with pricing power the market still underweights
In the note
Thesis · financials · cycle context · exit rules
A position is held while the reasons for owning it hold. Most of what the price does in between is noise we are deliberately not reacting to.
Every entry, trim, and exit stays on the page
Every closed position gets an exit note: what changed, the rule that closed it, and what the round trip returned. The losers get the same write-up as the winners.
Published every time a position closes — including the ones that lost
What we believe
None of this is original and we would be suspicious of a firm claiming otherwise. It is value investing as Graham set it out and Buffett spent sixty years refining in public — a good business, bought for less than it is worth, held long enough to matter.
What is new is the tooling, not the philosophy. We can hold 3,600 companies to the same standard every two weeks. The standard is the old one.
Durable economics first — margins that survive a bad year, cash flow that funds itself, and a competitive position that is hard to copy. A ticker is a claim on a business; if we cannot explain the business, we do not own the claim.
We underwrite a company over years, not quarters. That is a research discipline before it is a holding period: a thesis that only works if the next earnings print cooperates is not a thesis.
We research what to own. We publish no entry and exit prices, no chart setups, and nothing you are meant to act on within the hour. Buying a business and trading a pattern are different activities, not the same one at different speeds.
Every position that went against us stays published, with a note explaining what we got wrong. A record with the losses edited out is a marketing asset, not a record.
What we are not
Outpick researches US-listed businesses worth owning for years and publishes that research openly. We do not cover trading. That rules out most of what people expect from a stock site — worth knowing before you join rather than after.
Membership
Research every two weeks, the live book, and the scoreboard vs the S&P — no tiers, no upsells.
Outpick is an independent educational publication — not a registered investment adviser, broker-dealer, or financial institution. All content is for informational and educational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. The Publisher holds positions in securities discussed and may buy or sell at any time without notice. Past performance is not indicative of future results. All investments carry risk, including the possible loss of principal. You are solely responsible for your own investment decisions and outcomes. Do not rely on this Service as the sole basis for any investment decision. Always conduct your own research and consult qualified professionals before investing. By using this Service, you agree to our Terms of Service and Privacy Policy, including limitations of liability and your assumption of all investment risk.
