IPS Investment Strategy

In Plain Sight publishes three model-driven leaderboards: Elite Compounders, Regime Alpha, and The Blend. The Elite Compounders list focuses on companies with durable business quality, strong structural scores, consistent SPY-relative participation, and financial characteristics that can support long-term compounding. The Regime Alpha list focuses on stocks that may not always be classic compounders, but are positioned to benefit from a confirmed market regime, cycle, or theme such as AI infrastructure, memory, storage, energy, financials, healthcare recovery, or other tactical opportunities. The Blend is the consolidated IPS leaderboard. It combines the strongest candidates from both Elite Compounders and Regime Alpha using the IPS ranking process, so that durable businesses and high-conviction tactical opportunities can be evaluated side by side without treating them as the same type of investment. Our philosophy is to separate great businesses from great setups: some stocks earn a place because they are structurally exceptional, while others earn a place because the current market regime, revisions, relative strength, and industry confirmation create an attractive 12-month SPY-relative opportunity. The Blend is designed for investors who want a single consolidated view of the model’s strongest current opportunities while still preserving the distinction between compounders and regime trades.

IPS leaderboards are published twice per year, in January and July, with quarterly financial-health updates for securities currently included in the model lists. One may choose to hold positions for as long as they remain aligned with their own objectives, or they may swap into any new names suggested during the semiannual updates. When a stock remains on a leaderboard across multiple updates, IPS views that as continued model confirmation; one may consider allocating additional funds to stronger candidates whenever an opportunity presents itself. This allows the original investment to keep compounding while new contributions follow the current model signal, which may produce better long-term results than the simple leaderboard return tables imply. IPS may remove a ticker during a semiannual update if its structural quality deteriorates, relative strength breaks down, valuation becomes excessive, earnings or guidance reset lower, the original regime fades, a stronger candidate replaces it, or the stock no longer offers enough probability of performing relative to SPY over the next 12 months. The goal is not to trade constantly, but to systematically hold strong candidates while replacing names when the evidence changes.