Galahad · Adaptive long-term investing
Invest in powerful
long-term trends.
A portfolio built to pursue growth through technology, Bitcoin, and gold, with clear rules for managing risk along the way.
Start your trial$14 for 14 days · No automatic renewal
The investment thesis
Three distinct drivers. One disciplined portfolio.
Participate in innovation. Make room for scarcity. Give both a process.
Nasdaq
Own the progressTechnology turning innovation into economic growth.
Bitcoin
Invest in digital scarcityA scarce digital asset in a changing monetary world.
Gold
Hold something enduringA tangible monetary asset with a history beyond any single currency.
From ideas to investments
A core foundation with a tactical trend overlay
A core portfolio maintains long-term exposure while adaptive trend positions adjust participation in the Nasdaq 100, Bitcoin, and gold.
Core holdings
The long-term foundation
| XLV | Health care | |
|---|---|---|
| XLP | Consumer staples | |
| XLK | Technology | |
| STRF | Preferred equity | |
| IAU | Gold | |
| FBTC | Bitcoin |
Adaptive trend exposure
Exposure that adjusts with market trends
Nasdaq 100
Growth & technology
Bitcoin
Digital scarcity
Gold
Precious metal
↗ Trend strengthensIncrease participation
↘ Trend weakensReduce exposure
Express trend positions through leveraged ETFs or futures.
Portfolio-wide rulesRebalancing · Position sizing · Protective option hedges
Risk doesn't stay constant. Neither should your exposure.
Galahad adjusts exposure as conditions change, reducing risk in weaker markets and increasing participation as trends strengthen.
50%Defensive exposure
100%Fully invested
185%Maximum gross exposure
The Galahad live trading track record
See how the portfolio has performed
Explore the equity curve and monthly returns from Galahad’s live trading track record, beginning in February 2024.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.55% | +3.67% | -9.14% | +2.83% | -0.58% | -6.10% | -2.48% | +5.96% | +3.48% | +2.06% | |||
| 2025 | +4.65% | -6.21% | +0.15% | +0.89% | +3.05% | +4.79% | +4.68% | -2.13% | +5.50% | +1.99% | +2.60% | -0.32% | +20.74% |
| 2024 | +13.56% | +5.57% | -7.84% | +8.23% | +3.05% | +0.32% | -3.49% | +0.95% | -1.92% | +13.24% | -1.88% | +35.95% |
| Month | 2026 | 2025 | 2024 |
|---|---|---|---|
| Jan | +5.55% | +4.65% | |
| Feb | +3.67% | -6.21% | +13.56% |
| Mar | -9.14% | +0.15% | +5.57% |
| Apr | +2.83% | +0.89% | -7.84% |
| May | -0.58% | +3.05% | +8.23% |
| Jun | -6.10% | +4.79% | +3.05% |
| Jul | -2.48% | +4.68% | +0.32% |
| Aug | +5.96% | -2.13% | -3.49% |
| Sep | +3.48% | +5.50% | +0.95% |
| Oct | +1.99% | -1.92% | |
| Nov | +2.60% | +13.24% | |
| Dec | -0.32% | -1.88% | |
| YTD | +2.06% | +20.74% | +35.95% |
Click a linked monthly return to read our performance letter for that month.
Your membership in practice
Just nine holdings.
A portfolio you can get to know.
No endless watchlists or surprise tickers. Galahad invests from a focused, well-researched lineup of familiar markets and assets, so you can understand what you own and why you own it.
- See your target allocations
- Review portfolio changes
- Place orders in your own account
Nine holdings describes the ETF and equity lineup. Futures and protective options are separate.
| Instrument | Status |
|---|---|
| Nasdaq 100 | Active |
| Bitcoin | Flat |
| Gold | Flat |
Interface concept · Not live portfolio guidance.
Stay invested.
Make time for life.
For investors who believe in innovation, see a role for scarce assets, and value a disciplined process.
Designed for long holding periods
Core positions can be held for years, with periodic rebalancing.
Less trading. More patience.
Adjustments happen only when market conditions call for them.
A routine that fits your life
Review after the close. Take action only when needed.
Act when needed.
The person behind the portfolio
Built from conviction. Managed with rules.
After years of applying trend-following rules to spot Bitcoin, Evan Medeiros launched Galahad in February 2024, the month after spot Bitcoin ETFs debuted. The idea was simple: build a long-term portfolio around the assets he had the strongest conviction in, while using systematic rules to manage exposure when market conditions changed.
Evan invests in the Galahad Portfolio with his own capital.
Meet Evan and explore his background →Membership
Invest for the long term with a clear plan
Explore the portfolio. Understand the process. Decide if it fits.
14-Day Trial
$14
for 14 days
No automatic renewal
Start your trialMonthly
$109
per month
Flexible access to the complete system
Join monthlyAnnual
$1,090
per year
12 months of complete access
Save $218 per year.
Choose annualModel allocations · Position-sizing tools · Portfolio updates · Market Navigator included
Frequently asked questions
How is Galahad different from buy and hold?
Galahad combines a long-term core portfolio with adaptive trend positions and portfolio-wide risk controls. Rather than maintaining the same exposure through every market environment, the strategy can reduce risk when conditions weaken and increase participation when trends strengthen.
What does rules-based mean for Galahad?
Portfolio decisions are guided by predefined rules rather than forecasts, headlines, or emotion. Those rules determine when to rebalance, adjust trend exposure, add or remove hedges, and change overall portfolio risk.
How often will I need to make changes?
Galahad is designed for long holding periods and low turnover. Most days require no action, and there are typically only a couple of portfolio adjustments per month. When a change is needed, updates are published after the market close with clear instructions for the next trading session.
Is Galahad fully automated?
No. Galahad provides model allocations, portfolio updates, and trade instructions, but you place and manage orders in your own brokerage account. Margin is preferred for the most flexible implementation, but it is not required.
Do I need special software or a particular broker?
No special software or code is required. You can follow Galahad through your own brokerage account, although certain instruments such as leveraged ETFs, futures, or options may require specific broker permissions or account types.
Can I follow Galahad in a retirement account?
Yes. Galahad can be followed in a retirement account, and the exact implementation depends on how you choose to express portfolio exposure. Members may use leveraged ETFs, futures, options, or other available instruments depending on their broker, account type, and permissions.
What risks should I understand?
Galahad can experience losses and meaningful drawdowns, and no risk-management process can eliminate market risk. Trend rules, reduced exposure, cash, and protective hedges are designed to help manage difficult periods, but they do not eliminate the possibility of substantial losses.
How do holding periods affect taxes?
Galahad includes core positions that may be held for many years, with only occasional rebalancing. Those rebalances will often involve long-term capital gains, while the adaptive trend positions can produce a mix of short- and long-term gains depending on how long each position is held. Tax treatment also depends on the account type and instruments used.
What happens after the 14-day trial?
The trial gives you access to Galahad and the other included member tools for 14 days. It ends automatically and does not convert into a paid subscription unless you choose to join afterward.
Galahad provides model portfolio allocations, trading signals, and trading tools for informational and educational purposes. These materials are not personalized investment advice and do not account for your individual financial circumstances, objectives, or risk tolerance. You are responsible for your investment decisions and for placing and managing orders in your own brokerage account. Trading involves risk, including loss of capital. Leveraged ETFs, futures, and options involve additional risks; leverage can amplify losses, and futures losses may exceed the funds initially committed. Risk controls, protective hedges, and exit rules do not guarantee that losses will be limited to a specified amount. Portfolio examples illustrate the system’s process and are not a guarantee of future results. Past performance does not guarantee future results. Actual results will vary.