Question 1

How did you estimate the values and the returns?

Accepted Answer

We estimate the entry date, buy/sell amount, and price per share using the sources shared above. When price-per-share data is missing, we use the adjusted close price on the entry date instead. For portfolio estimation, we use FIFO (first-in, first-out), and we calculate returns using a time-weighted return (TWR) methodology, the industry standard used by fund managers and portfolio trackers.

Question 2

What does the return percentage mean? How can it differ from total profit?

Accepted Answer

We use time-weighted return (TWR), the gold standard for evaluating fund managers and stock-picking skill. TWR chains daily returns together regardless of portfolio size, so a 10% gain counts the same whether the portfolio held $400M or $10B that day. This removes distortion from large cash inflows and answers: "How well did the picks perform?" rather than "How much total money was made?"

Question 3

Do you have President Trump's personal holdings?

Accepted Answer

We have data on his positions in stocks and bonds of public companies per his latest financial disclosure.

Period	Portfolio
1 month	-2.56%
3 months	-7.3%
6 months	45.72%
1 year	137.49%
3 years	452.58%

Trump Administration Portfolio: public portfolio summary

Estimated holdings

Returns