// Track Record and Dear Partners data. Read by app/resume.jsx and by build.js (static pages).
// Nothing here is confidential: performance statistics and the availability line are held
// in handoff/HELD_FOR_REVIEW.md (private, not deployed) until Tom clears them.
const TRACK_RECORD = {
  eyebrow: "Track record",
  title: "Dated. Public. Graded.",
  titleItalic: "Misses first.",
  lead: "A hiring CIO does not need another opinion. He needs evidence: what I said, when I said it, at what level, and what happened. This page is that, and it gets a new line every quarter.",
  seat: [
    { k: "Alpha Loop Capital", v: "Founder and CIO. SMID-cap long/short equity with an options overlay and an event-driven sleeve. Philadelphia. Fund launched June 02, 2025." },
    { k: "Performance", v: "Monthly and quarterly figures, risk statistics, and the partner letters are available to allocators on request." },
    { k: "Before Alpha Loop", v: "COO and Co-Portfolio Manager, Teramo Advisors, on the Equable Shares Hedged Equity Fund alongside Ron Santella. Led investment and capital raising at Naples Technology Ventures. Equity research at Emerald Asset Management." },
    { k: "Coverage", v: "Hedge Fund Alert, November 19, 2025: L/S Equity Shop Plots $15M Fundraise. Business Wire, October 16, 2024: Alpha Loop Capital Announces Firm Launch." },
  ],
  calls: [
    { name: "Blade Air Mobility (BLDE)", when: "Mar 27 and May 14, 2024", call: "Long. \"The price is wrong.\"", outcome: "Blade sold its passenger business to Joby Aviation for up to $125.00mm; announced Aug 04, 2025, closed Aug 29, 2025. The remainder trades as Strata Critical Medical (SRTA).", grade: "Right", id: "the-price-is-still-wrong-blade" },
    { name: "Enovix (ENVX)", when: "Mar 15, May 02 and Jul 01, 2024", call: "Long.", outcome: "ENVX traded near $3.20 on Aug 18, 2026, after the CEO resigned on Aug 13, 2026. Below every 2024 print.", grade: "Wrong, so far", id: "making-the-case-for-enovix" },
  ],
  callsNote: "One right, one wrong. Wrongness is content; the next Scorecard grades every call made since June 2026.",
  building: [
    { k: "LoopSeek AI", v: "Relationship-intelligence platform. MVP 0.5 live May 2026: extraction pipeline, scoring engine, graph construction, semantic search. Built as the answer to the placement-agent industry." },
    { k: "The voice corpus", v: "Every published and unpublished piece, chunked and embedded into Supabase pgvector, retrieved live by register before drafting. The reason this publication came back." },
    { k: "Cognitive Architecture v2.0", v: "A written operating standard for how analysis gets assembled, falsified, and re-checked before it ships. Seven pillars. Runs on every position and every essay." },
    { k: "LSIS white paper", v: "The LoopSeek Incentive System. Conceptual mathematics for more accurate model output with less context. In review." },
    { k: "Trading scaffold", v: "Python, ib_insync, Interactive Brokers. The plumbing under the desk." },
  ],
  standing: "Writing samples are the archive. Reach me on X, or reply to any Hoags email.",
};

const DEAR_PARTNERS = {
  eyebrow: "Dear Partners",
  title: "Your quarterly letter,",
  titleItalic: "written by someone who has sent his own.",
  lead: "The letter is the most writing-heavy task of your quarter and the document every allocator you are chasing actually reads. I ran a book, I sent the letters, and the institutional voice kept shipping every quarter even when nothing else did. Now I write them for emerging managers who would rather be managing.",
  get: "A 2,000 to 3,500 word quarterly partner letter in your voice, on your architecture: performance against the benchmarks stated first, the mandate restated and scored, risk statistics as a block, numbered position write-ups with management named and graded on capital discipline, and a commentary section where the voice is allowed to get loud. Five business days from intake. Two revision rounds. Compliance-ready footnotes and disclaimers.",
  intake: [
    "Performance: gross and net, month, quarter, year to date, since inception, and the benchmarks.",
    "Exposure: gross and net averages, long and short book, any sleeve breakdown.",
    "Attribution: top five contributors and detractors, two sentences each, by voice note.",
    "Position write-ups: three to five names, a voice note per name on thesis and what changed.",
    "Portfolio changes: adds, exits, sizing moves.",
    "Market view: a ten-minute voice memo. This becomes the commentary section.",
    "Firm updates: AUM, hires, operations, anything personal you want in.",
    "The prior two letters, for voice.",
    "Compliance constraints: disclaimers, performance presentation rules, who approves.",
    "Deadline and the single approver.",
  ],
  rate: "From $3,000.00 per quarterly letter. Cover letters, monthly updates, and deck narrative quoted separately. A sample letter is available on request. Engagements pause on 30 days' notice in either direction.",
  who: "Emerging managers under about $100.00mm who write their own letters at 2:00 AM the week they are due. Not for firms with an investor relations function; they already have this.",
  cta: "Message @Hoags18 on X or reply to any Hoags email. Q3 letters are due in October and November; the calendar fills in September.",
};

window.HOAGS_TRACK = { TRACK_RECORD, DEAR_PARTNERS };