A track record judged by the MIZAN gate inside a zero-knowledge proof: returns after costs, the out-of-sample split and the overfitting corrections recomputed in-circuit, the strategy never revealed. Anyone can verify this credential offline. Every verdict on the registry is published, including this one.
The greatest stock of the era, held for 28.5 years: +272,548% net, CAGR 32% — and the gate still refuses it. Sharpe 0.89 vs the 1.20 bar, an 82% drawdown, a −52.66% single bar (the 2000 crash), and one trade. A story is not an edge; the gate prices the ride, not the destination. Survival analysis of 9 famous tickers: mizan.market/survival ERRATUM 2026-08-08: this credential declared 252 periods/year where the committed window supports 251 (7,184 bars over 28.6 calendar years), so it fails the verifier's C1 annualization bound. No metric and no verdict changed. It remains verifiable forever and is superseded by legend-aapl-buyhold, re-minted at 251.
Download the bundle, run the verifier with the network off. The verdict recomputes on your machine in about 81 ms.
AAPL · daily OHLC · survivorship-free US feed (1997→2026, 7,184 bars)2026-08-04T11:45:00ZFAIL · SharpeTooLow · DrawdownTooHigh · WorstBarTooLow · TooFewTrades — published anywayhonest_failv11 · both-schools validation-completelived02fcd3ac8393745d02fcd3ac8393745e1c6c83136af471b59e7486d11c585f8718ae2e03393bbd9Aug 4 11:53:31 2026 GMTpending confirmationbe7ae14329b6d1c0a600a6a492258eb1a46fa89e3653153f91953e740f0d3f8358f878bf4d24bda7d7e90d09c9345418b9c77ec4ac866df57ac76eff8ee44c5f26220 KBMIZANWhat a verdict means: what a PASS asserts · what we refuse to certify · reading a verdict · the VTR-1 standard.