Model Portfolio

The record.

Every published thesis is tracked at the closing price on the day of publication. Every winner, every loser. No cherry-picking, no rewriting of history.

NOW

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Entry

$93.46

Last

$93.46

Since pub.

0.00%
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Target range: 12m base $130–150 · 12–24m bull $185–210

Invalidation: < $60

Prices as of June 25, 2026. Not real-time.
Footnote

Nokia (June 2026) is covered in published research but sits outside the Model Portfolio: the underlying position predates the launch of Spinel Capital Research. See the note for full disclosure.