config/defaults.json

{
  "schema_version": 1,
  "industry": null,
  "universe": "U.S.-listed common equities and ADRs",
  "currency": "USD",
  "horizon_years": 7,
  "horizon_sensitivity_years": [5, 10],
  "orientation": "long-term compounding; long-only; unlevered",
  "benchmark": null,
  "success_definition": "positive total return and matched-state benchmark outperformance",
  "severe_loss_threshold": 0.4,
  "policy": {"min_success_probability": 0.6, "max_severe_loss_probability": 0.2},
  "target_finalists": 5,
  "research_depth": "deep; expand for material unanswered questions",
  "distribution_convention": "cumulative distributions held as cash in bundled calculator",
  "return_basis": "nominal, before personal taxes and trading costs",
  "as_of": null
}