01Fictional mandate
Capital Preservation
- Capital
- €8m
- Horizon
- 15 years
- Max drawdown
- ≈ 10%
Cash · Bonds · Equities · Alternatives
Independent educational investment project · Luxembourg
Learning to think like a wealth manager.
Four fictional client mandates. One transparent methodology. An ongoing record of asset-allocation decisions, research and honest reflection.
4client profiles
Quarterlyformal review
01 Sep ’26planned inception
Why I built this Lab
Learning in a way that leaves evidence.
I created this project to practise the full chain of wealth-management thinking: understanding a client, translating objectives into an allocation, researching investments, managing risk and explaining decisions clearly over time.
The goal is not to look infallible. It is to build an honest record of my decisions, outcomes, mistakes and improvements.
More about the project →Explore the Lab
Five sections, one learning journey.
Start wherever your interest takes you. Each section connects research and market events back to portfolio judgement.
01→02→03→04→05→
Portfolios
Follow four fictional client portfolios, the objectives behind them and the rules guiding each decision.
Macro to Portfolio
A biweekly look at a macro event and what it could mean for stocks, bonds and diversified portfolios.
Company Research
Monthly research on a company or sector, from the investment question to valuation, risks and catalysts.
Quarterly Scorecards
A transparent review of performance, allocation changes, decisions, mistakes and lessons learned.
About the Lab
Why I created this project, how I approach it and the disclosures that keep the work independent.
The methodology
Objectives first. Investments second.
Each mandate starts with a fictional client’s liquidity needs, time horizon and capacity for loss. Strategic allocations and rules are documented before any simulated investment is made.
Read the full investment policy →Four mandates
Different lives require different portfolios.
Illustrative starting capital totals €73m plus €2,000 for the early-career portfolio. All four fictional portfolios will be constructed and formally launched on 1 September 2026; performance begins on that date.
02Fictional mandate
Early-Career Growth
- Capital
- €2,000
- Horizon
- 20+ years
- Max drawdown
- ≈ 25%
Cash · Bonds · Equities · Alternatives
03Fictional mandate
Balanced Entrepreneur
- Capital
- €25m
- Horizon
- 15+ years
- Max drawdown
- ≈ 22%
Cash · Bonds · Equities · Alternatives
04Fictional mandate
Multi-Generational Family Stewardship
- Capital
- €40m
- Horizon
- 25+ years
- Max drawdown
- ≈ 30%
Cash · Bonds · Equities · Alternatives
The research journal