VI STACK
The Research Engine
The Five Gates
Five filters. One honest decision. No idea reaches your capital until it has earned the right.
By James Ward · Founder, VI Stack
Free guide
The Five Gates
A sequential research framework for serious value investors. Five filters. One honest decision. No idea reaches your capital until it has earned the right. The method, distilled. No fluff, no login.
- The five gates, in sequence, and why the order matters
- The eight characteristics that separate an excellent business from a comprehensible one
- How Gate 3 verifies the story: ten years of numbers, the moat test, and a risk inventory
- The seven-slide Pitch and the eight-lens Advisory Board that ends in GO or NO GO
- A full worked example: Visa, run through all five gates from screen to verdict
Educational content only. Not investment advice. Do your own research.