Model-reported gaps from the latest successful review. Decision cutoff: Nov 7, 2026, 8:29 PM EST · Review completed: Nov 7, 2026, 8:32 PM EST. These explanations have not been independently verified.

• What are VTI's and AVUV's current constituents and comparable valuation characteristics from consistent, dated sponsor files?

  Why unresolved: Screenshots confirmed text/image date conflicts. The attempted Vanguard profile page returned no readable lines.
  Decision impact: Existing mandate-based holds can proceed, but increases and precise look-through concentration comparisons remain unsupported.
  Next research step: Obtain dated sponsor holdings downloads and matching valuation reports; calculate overlap before adding satellites.

• What is Microsoft's September-quarter bridge among cash PPE spending, accrued capital additions, lease commencements, lease payments and outstanding commitments?

  Why unresolved: The earnings-site 10-Q route returned 404. Search located the exact SEC filing index, but the underlying footnotes were not read.
  Decision impact: Retain the position on reported growth and cash generation; defer additions requiring a normalized owner-cash-flow valuation.
  Next research step: Open SEC accession 0001193125-26-436133 and reconcile investment accruals, lease additions, principal payments and commitments without double counting.

• How much NVIDIA ultimate-customer demand is financed independently of NVIDIA-backed investments, guarantees and capacity support?

  Why unresolved: Reviewed commitment and customer disclosures quantify exposure but do not provide an independently funded ultimate-demand reconciliation.
  Decision impact: Maintain the weakened assessment and make no addition. Retention remains a risk judgment, not a finding that the exposure is harmless.
  Next research step: Inspect November 17 disclosures for updated guarantees, receivables, customer concentration and partner funding; reassess if support grows faster than realized demand.

• What do Berkshire's latest detailed balance sheet, share counts, insurance liabilities and capital requirements imply for deployable capital and valuation?

  Why unresolved: The November 7 release was accessible, but the attempted company quarterly-report PDF was not retrievable. The release explicitly limits its usefulness for investment judgment.
  Decision impact: Berkshire remains a diversification candidate, not a purchase proposal; its November 6 price alone cannot establish superior value.
  Next research step: Retrieve the quarterly report through Berkshire's report index or SEC filing and assess insurance-adjusted liquidity, operating earnings and current share count.