Editorial Integrity & Disclosure Policy
Last updated: February 10, 2026
Runchey Research is an independent publisher of educational financial analysis. We are not registered investment advisors and do not provide personalized financial guidance. This page describes the standards we hold ourselves to.
1. “Skin in the Game” Policy
Runchey Research believes that high-quality analysis often comes from direct experience. We maintain “satellite” positions in individual equities to test our analytical models in real-world conditions.
Individual Equities
Any position held by the Runchey Research Model Trading Fund in a specific company mentioned in a report will be disclosed clearly at the top of that article.
Broad-Based Funds
We maintain long-term core holdings in diversified index funds and ETFs (e.g., VOO, VTSAX). Because these are disinterested, non-discretionary holdings, we do not disclose them on a per-article basis.
Current Positions
Long-Term Equity: As of 2026-02-10, the fund holds long positions in NFLX, COMP, GTLB, NVO, LLY, AMZN, and NVDA. These positions are subject to a 48-hour quiet period around published research.
Event-Driven & Tactical: As of 2026-02-10, the fund holds call options on DDOG, call options on SNOW, put options on HIMS, and put options on CVNA. These are time-sensitive positions tied to specific catalysts and may be adjusted immediately following the public dissemination of the relevant event.
View our full Editorial Integrity & Disclosure Policy for trading window details.
2. Trading Windows by Security Type
To ensure our research remains disinterested and to prevent even the appearance of front-running our audience, the Runchey Research Model Trading Fund classifies its holdings into two categories with distinct trading rules:
Long-Term Equity (Common Stock)
For common stock holdings, we adhere to a 48-hour quiet period: we will not open or close a position for 24 hours prior to or 48 hours after the publication of a dedicated research report or earnings update on that specific ticker.
Event-Driven & Tactical (Options)
For time-sensitive instruments (calls/puts) held through a specific catalyst (e.g., earnings announcements, regulatory decisions), the trading window opens immediately following the public dissemination of the event data. This allows the author to manage risk and exit positions once the specific thesis-trigger has occurred.
Why do options positions have different rules?
- The information gap closes at the event. When a company reports earnings, the data is public simultaneously for all market participants. The alpha is in the numbers, not our preview.
- Options are perishable. A 48-hour delay on a post-event trade can mean the difference between a meaningful gain and a significant loss due to time decay and volatility crush — factors unrelated to the quality of the underlying research.
- Greater transparency than industry standard. Most hedge fund disclosures state “we may trade at any time.” By specifying that our window opens only after the public event, we are more specific about our trading behavior than institutional norms require.
Risk Management Exceptions
While we aim to hold tactical positions through the identified catalyst, we prioritize capital preservation. We reserve the right to exit or adjust any tactical position immediately if:
- Risk thresholds are breached. The underlying security hits a pre-defined stop-loss level.
- Profit targets are met. The position achieves its intended tactical objective prior to the event.
- Material news breaks. New information (e.g., a short report, regulatory filing, or macro event) fundamentally invalidates the current trade thesis.
Our goal is transparency, not paralysis. We trade our models in real-time as market conditions dictate.
3. Our Methodology
Every analysis published on Runchey Research is produced by a multi-LLM ensemble — multiple frontier AI models engaged in structured debate, not a single prompt to a single model.
Specialized Personas
Analyst, Bullet Hole Producer, Synthesizer, Auditor, Moderator, Voice of Reason, and others — each with a distinct role in the discourse. Personas critique and refine each other's work.
Evidence Ladder (E0–E3)
Every claim is grounded to an evidence level — from E0 (unverified) to E3 (confirmed from primary sources). We show what was checked and what wasn't.
Convergence Protocols
Models must reach convergence or their disagreements are documented. We seek stable positions, not forced consensus. Minority views are preserved.
Human Editorial Oversight
All published content receives human review. AI models are tools in our process — they do not have final editorial authority.
For a deeper explanation of the persona-based ensemble, see Why Personas Matter More Than Models and the Analysis Ensemble concept page.
4. Corrections Policy
If we discover a factual error in published content (incorrect metric, misattributed source, wrong date), we will:
- Add a correction notice at the top of the affected article with the date and nature of the correction.
- Preserve the original text with strikethrough where practical, so readers can see what changed.
Updates are not corrections. Signal assessment changes due to new information (e.g., a quarterly earnings report changing a signal from CONDITIONAL to FRAGILE) are updates, clearly labeled as “Material Update” or “Earnings Update” with their own dedicated posts. These reflect the analytical process working as intended, not errors.
Found an error? Contact us at our contact page.
5. AI Transparency
Every analysis uses multiple frontier AI models in structured debate. Human editorial oversight applies to all published content.
We disclose our AI-assisted methodology because we believe transparency about process builds more trust than hiding it. AI models can hallucinate, share training biases, and miss context. Our multi-model ensemble reduces — but does not eliminate — these risks.
6. Independence
- No pay-for-play. We do not accept payment to cover or promote any company.
- No sponsored coverage. All companies are selected based on analytical interest, not commercial relationships.
- 100% independent. Our revenue comes from readers and professional research services — never from the companies we cover. Commissioned analyses use the same standardized methodology as our public coverage, with no editorial influence from the commissioning party.
This policy applies to all content published on runcheyresearch.com. Runchey Research LLC is an independent publisher of educational financial analysis. Nothing on this site constitutes investment advice, a recommendation to buy or sell any security, or personalized financial guidance. See our Terms of Service for complete legal terms.