alphacouncil-agent 0.9.4 → 1.0.0

package/knowledge/solo-test/masters/master_buffett/decision_policy.json

@@ -2,7 +2,28 @@
   "abstention_policy": "fail_closed",
   "dsl_version": "1.1",
   "eligibility": {
-    "all": []
+    "all": [
+      {
+        "condition": {
+          "op": "exists",
+          "value": {
+            "fact_id": "financial.incremental_return_on_capital"
+          }
+        },
+        "condition_id": "master_buffett.incremental_returns_measurable",
+        "on_false": {
+          "common_stance": "out_of_scope",
+          "native_state": "provisional_too_hard"
+        },
+        "on_uncomputable": {
+          "common_stance": "out_of_scope",
+          "native_state": "provisional_too_hard"
+        },
+        "source_ids": [
+          "proxy:0098985e34825996c"
+        ]
+      }
+    ]
   },
   "fact_gate": {
     "on_missing_critical": {
@@ -10,21 +31,74 @@
       "native_state": "provisional_too_hard"
     }
   },
-  "hard_vetoes": [],
+  "hard_vetoes": [
+    {
+      "condition": {
+        "left": {
+          "fact_id": "financial.leverage"
+        },
+        "op": "gt",
+        "right": {
+          "literal": 3
+        }
+      },
+      "on_trigger": {
+        "common_stance": "opposed",
+        "native_state": "provisional_reject"
+      },
+      "on_uncomputable": {
+        "action": "abstain",
+        "decision": {
+          "common_stance": "out_of_scope",
+          "native_state": "provisional_too_hard"
+        }
+      },
+      "source_ids": [
+        "proxy:0098985e34825996c"
+      ],
+      "veto_id": "master_buffett.leverage_dependency"
+    },
+    {
+      "condition": {
+        "left": {
+          "fact_id": "financial.owner_earnings"
+        },
+        "op": "lte",
+        "right": {
+          "literal": 0
+        }
+      },
+      "on_trigger": {
+        "common_stance": "opposed",
+        "native_state": "provisional_reject"
+      },
+      "on_uncomputable": {
+        "action": "abstain",
+        "decision": {
+          "common_stance": "out_of_scope",
+          "native_state": "provisional_too_hard"
+        }
+      },
+      "source_ids": [
+        "proxy:0098985e34825996c"
+      ],
+      "veto_id": "master_buffett.owner_earnings_unreliable"
+    }
+  ],
   "native_decision_schema": "ownership_candidate_v1",
   "native_output_fields": [
     {
       "field": "metric_1",
       "on_missing": "fail",
       "value": {
-        "output_id": "financial.owner_earnings"
+        "output_id": "valuation.market_capitalisation.master_buffett"
       }
     },
     {
       "field": "metric_2",
       "on_missing": "fail",
       "value": {
-        "output_id": "financial.incremental_return_on_capital"
+        "output_id": "valuation.owner_earnings_yield.master_buffett"
       }
     }
   ],
@@ -52,14 +126,14 @@
     },
     {
       "decision": {
-        "common_stance": "cautious",
+        "common_stance": "constructive",
         "native_state": "provisional_own_at_price"
       },
       "min_ratio": 1
     }
   ],
   "scoring": {
-    "max_score": 2,
+    "max_score": 3,
     "min_coverage": 1,
     "on_insufficient_coverage": {
       "common_stance": "out_of_scope",
@@ -69,16 +143,16 @@
       {
         "condition": {
           "left": {
-            "output_id": "financial.owner_earnings"
+            "output_id": "valuation.owner_earnings_yield.master_buffett"
           },
           "op": "gt",
           "right": {
-            "literal": 0
+            "fact_id": "macro.long_bond_yield"
           }
         },
         "coverage_weight": 1,
         "points": 1,
-        "rule_id": "proxy_score_1",
+        "rule_id": "buffett_owner_yield_beats_long_bond",
         "source_ids": [
           "proxy:0098985e34825996c"
         ]
@@ -86,16 +160,33 @@
       {
         "condition": {
           "left": {
-            "output_id": "financial.incremental_return_on_capital"
+            "fact_id": "financial.return_on_equity_10y"
           },
           "op": "gt",
+          "right": {
+            "literal": 0.2
+          }
+        },
+        "coverage_weight": 1,
+        "points": 1,
+        "rule_id": "buffett_decade_return_on_equity",
+        "source_ids": [
+          "proxy:0098985e34825996c"
+        ]
+      },
+      {
+        "condition": {
+          "left": {
+            "fact_id": "capital_allocation.share_count_change_5y"
+          },
+          "op": "lte",
           "right": {
             "literal": 0
           }
         },
         "coverage_weight": 1,
         "points": 1,
-        "rule_id": "proxy_score_2",
+        "rule_id": "buffett_share_count_not_diluted",
         "source_ids": [
           "proxy:0098985e34825996c"
         ]

package/knowledge/solo-test/masters/master_buffett/doctrine.jsonl

@@ -1,6 +1,6 @@
 {"assurance_class":"provisional_derived_proxy","attribution_status":"provisional_not_human_reviewed","claim":"Evaluate understandable operating businesses through owner earnings, durable competitive advantage, capital allocation and price versus conservative business value.","rule_id":"proxy_rule_1","source_ids":["proxy:0098985e34825996c"]}
-{"assurance_class":"provisional_derived_proxy","attribution_status":"provisional_not_human_reviewed","claim":"Recompute owner earnings with explicit maintenance-investment assumptions.","rule_id":"proxy_rule_2","source_ids":["proxy:0098985e34825996c"]}
-{"assurance_class":"provisional_derived_proxy","attribution_status":"provisional_not_human_reviewed","claim":"Measure incremental returns and reinvestment economics over complete cycles.","rule_id":"proxy_rule_3","source_ids":["proxy:0098985e34825996c"]}
+{"assurance_class":"provisional_derived_proxy","attribution_status":"provisional_not_human_reviewed","claim":"Owner earnings are an absolute currency amount and mean nothing until they are set against what the whole business costs. Price times share count is that denominator.","rule_id":"proxy_rule_2","source_ids":["proxy:0098985e34825996c"]}
+{"assurance_class":"provisional_derived_proxy","attribution_status":"provisional_not_human_reviewed","claim":"The rate an owner earns on the purchase price, which is the only figure the 1999 Fortune argument can set against a bond.","rule_id":"proxy_rule_3","source_ids":["proxy:0098985e34825996c"]}
 {"assurance_class":"provisional_derived_proxy","attribution_status":"provisional_not_human_reviewed","claim":"Decline when the business economics cannot be stated and tested.","rule_id":"proxy_rule_4","source_ids":["proxy:0098985e34825996c"]}
 {"assurance_class":"provisional_derived_proxy","attribution_status":"provisional_not_human_reviewed","claim":"Reject quality claims that depend on leverage rather than operating economics.","rule_id":"proxy_rule_5","source_ids":["proxy:0098985e34825996c"]}
 {"assurance_class":"provisional_derived_proxy","attribution_status":"provisional_not_human_reviewed","claim":"Reject valuation when owner earnings cannot be reconstructed from sourced inputs.","rule_id":"proxy_rule_6","source_ids":["proxy:0098985e34825996c"]}

package/knowledge/solo-test/masters/master_buffett/manifest.json

@@ -16,13 +16,17 @@
     ],
     "native_decision_schema": "ownership_candidate_v1",
     "optional_fact_types": [
-      "business.model.explainability",
       "financial.incremental_return_on_capital",
       "financial.leverage",
-      "capital_allocation.share_count",
+      "macro.long_bond_yield",
+      "financial.return_on_equity_10y",
+      "capital_allocation.share_count_change_5y",
+      "business.model.explainability",
       "valuation.expected_owner_return"
     ],
     "required_fact_types": [
+      "market.price",
+      "capital_allocation.share_count",
       "financial.owner_earnings"
     ]
   },
@@ -44,8 +48,8 @@
   "computation": {
     "dsl_version": "1.1",
     "pipeline": [
-      "master_buffett.owner_earnings_rebuilder",
-      "master_buffett.incremental_returns"
+      "master_buffett.market_capitalisation",
+      "master_buffett.owner_earnings_yield"
     ]
   },
   "decision": {
@@ -53,6 +57,8 @@
     "common_projection": "common_stance_v1",
     "confidence_calibrator": null,
     "eligibility": [
+      "market.price",
+      "capital_allocation.share_count",
       "financial.owner_earnings"
     ],
     "hard_vetoes": [

package/knowledge/solo-test/masters/master_buffett/provisional-index.json

@@ -16,7 +16,7 @@
   ],
   "experiment_pass_count": 0,
   "formula_approval_binding_count": 0,
-  "formula_compilation_manifest_hash": "sha256:7265b10a67bd0437af02572176793ef0b8529e48437edc5a2e0b1b1b9fbe73d0",
+  "formula_compilation_manifest_hash": "sha256:fc8afd469d9cafccccc4221622ccde5061167c538ab6472eecaaf65efce5461b",
   "method_model_eligible": false,
   "native_states": [
     "provisional_too_hard",
@@ -26,8 +26,8 @@
   ],
   "persona_id": "master_buffett",
   "planned_tool_ids": [
-    "master_buffett.owner_earnings_rebuilder",
-    "master_buffett.incremental_returns"
+    "master_buffett.market_capitalisation",
+    "master_buffett.owner_earnings_yield"
   ],
   "production_eligible": false,
   "review_status": "not_human_reviewed",

package/knowledge/solo-test/masters/master_buffett/sources.jsonl

@@ -1 +1 @@
-{"adjudication":{"notes":"No human review, no named-method attribution, no production effect.","reviewer_ids":[],"status":"pending"},"author":"AlphaCouncil project build specification","content_hash":"sha256:73b2c0e7e902f54130e9518d28f08bb3de0bdeddbbe4f3db6d623c328b411552","grade":"E","known_at":"2026-07-27","locator":{"section":"master_buffett"},"public_at":"2026-07-27","published_at":"2026-07-27","retrieved_at":"2026-07-27","schema_version":1,"source_id":"proxy:0098985e34825996c","source_kind":"derived_proxy","summary":"Project-authored provisional proxy used only to exercise the deterministic solo-test build; it is not source approval or method attribution.","supports":["solo_test_structure","deterministic_execution_only"],"title":"Provisional project-derived method hypothesis for master_buffett","url":"https://github.com/Zhao73/alphacouncil-agent/blob/main/data/persona-v3-build-specs.v1.mjs"}
+{"adjudication":{"notes":"No human review, no named-method attribution, no production effect.","reviewer_ids":[],"status":"pending"},"author":"AlphaCouncil project build specification","content_hash":"sha256:ab28e1b3b0279d0d325f12f0c85ee9933060878d530aae734f39417547c57c94","grade":"E","known_at":"2026-07-27","locator":{"section":"master_buffett"},"public_at":"2026-07-27","published_at":"2026-07-27","retrieved_at":"2026-07-27","schema_version":1,"source_id":"proxy:0098985e34825996c","source_kind":"derived_proxy","summary":"Project-authored provisional proxy used only to exercise the deterministic solo-test build; it is not source approval or method attribution.","supports":["solo_test_structure","deterministic_execution_only"],"title":"Provisional project-derived method hypothesis for master_buffett","url":"https://github.com/Zhao73/alphacouncil-agent/blob/main/data/persona-v3-build-specs.v1.mjs"}

package/knowledge/solo-test/masters/master_buffett/tools.json

@@ -1,11 +1,11 @@
 [
   {
     "assurance_class": "provisional_derived_proxy",
-    "derivation_evidence_hash": "sha256:781ec61b1bc0e350a48743c34adca2d24761e66dea143bea40cc9c5918bb5503",
-    "derivation_spec_hash": "sha256:176668e0b04779a82267e4098ff9d2c6ac61c2a3870fd360b426e29bd9302a5a",
-    "derivation_spec_id": "master_buffett.owner_earnings_rebuilder.prototype_v1.derived_proxy_v1",
+    "derivation_evidence_hash": "sha256:81f901ddcf0074860078513ebddb1e97e4490c4ab0e2c81d38cb05e3410789c2",
+    "derivation_spec_hash": "sha256:e2b7d9707d088228b5783a421efb0c2150551f8162409024dfcbbce4d4ff3e99",
+    "derivation_spec_id": "master_buffett.market_capitalisation.prototype_v1.derived_proxy_v1",
     "dsl_version": "1.1",
-    "id": "master_buffett.owner_earnings_rebuilder",
+    "id": "master_buffett.market_capitalisation",
     "input_contracts": [
       {
         "on_missing": "fail",
@@ -14,45 +14,68 @@
           "basis": "instant",
           "window": null
         },
-        "unit": "derived_proxy_scalar",
-        "value_kind": "scalar"
+        "unit": "currency_units",
+        "value_kind": "monetary"
+      },
+      {
+        "on_missing": "fail",
+        "period": {
+          "alignment": "as_of",
+          "basis": "duration",
+          "window": "P1Y"
+        },
+        "unit": "shares",
+        "value_kind": "count"
       }
     ],
-    "input_schema_hash": "sha256:f4b8e10fc113ebfccf99899d9fe73e77c25f4f23069a0ec09b7dbe93d826ff21",
+    "input_schema_hash": "sha256:d7fc602e53fe450884a1aa70a5f83037e071efec366688da75cbeb20d8031a4d",
     "inputs": [
       {
-        "fact_id": "financial.owner_earnings"
+        "fact_id": "market.price"
+      },
+      {
+        "fact_id": "capital_allocation.share_count"
       }
     ],
     "intended_use": "local_test_only",
-    "kind": "transform",
+    "kind": "recomputation",
     "on_missing": "fail",
-    "operation": "identity",
-    "output_id": "financial.owner_earnings",
+    "operation": "multiply",
+    "output_id": "valuation.market_capitalisation.master_buffett",
     "output_period": {
       "alignment": "as_of",
       "basis": "instant",
       "window": null
     },
-    "output_schema_hash": "sha256:2d2c3c2b4462c741d08acbd351f5172f195574c785ad3eec88999dccd5cf3fb0",
+    "output_schema_hash": "sha256:6cb300c674150b38fb450e76414f2df86cf6cab7c6820ea9b69f33d112054211",
     "production_eligible": false,
     "review_status": "not_human_reviewed",
     "schema_version": 1,
     "source_ids": [
       "proxy:0098985e34825996c"
     ],
-    "unit": "derived_proxy_scalar",
-    "value_kind": "scalar",
-    "version": "0.1.0"
+    "unit": "currency_units",
+    "value_kind": "monetary",
+    "version": "0.2.0"
   },
   {
     "assurance_class": "provisional_derived_proxy",
-    "derivation_evidence_hash": "sha256:67a62f019ec4312e86463e9d1858db99522c65611483c14eab284020249b09ca",
-    "derivation_spec_hash": "sha256:2847885226f0cbf39c4193b18dd17f2ba31fd407967d5a9d6fe7f8939df33421",
-    "derivation_spec_id": "master_buffett.incremental_returns.prototype_v1.derived_proxy_v1",
+    "derivation_evidence_hash": "sha256:7582e3511648d170d5286bbb0e0585507d67e340eefa0aa8771a32d4a221f765",
+    "derivation_spec_hash": "sha256:bf9af0c7a485960d9fbc7927514c3e5c3c908e4f2236374af71081abcb43c596",
+    "derivation_spec_id": "master_buffett.owner_earnings_yield.prototype_v1.derived_proxy_v1",
     "dsl_version": "1.1",
-    "id": "master_buffett.incremental_returns",
+    "id": "master_buffett.owner_earnings_yield",
     "input_contracts": [
+      {
+        "on_missing": "fail",
+        "period": {
+          "alignment": "as_of",
+          "basis": "duration",
+          "window": "P1Y"
+        },
+        "unit": "currency_units",
+        "value_kind": "monetary"
+      },
       {
         "on_missing": "fail",
         "period": {
@@ -60,35 +83,38 @@
           "basis": "instant",
           "window": null
         },
-        "unit": "derived_proxy_scalar",
-        "value_kind": "scalar"
+        "unit": "currency_units",
+        "value_kind": "monetary"
       }
     ],
-    "input_schema_hash": "sha256:e1d9e623ff7ad9a354ee28e0c24697aa8a3701cca837af59bc401fa3255f6727",
+    "input_schema_hash": "sha256:6f8d9ce3c1d15311561e0a0069c80496ce63d07b5f7d4a2f61cba6dcb9900d3b",
     "inputs": [
       {
         "fact_id": "financial.owner_earnings"
+      },
+      {
+        "output_id": "valuation.market_capitalisation.master_buffett"
       }
     ],
     "intended_use": "local_test_only",
-    "kind": "transform",
+    "kind": "recomputation",
     "on_missing": "fail",
-    "operation": "identity",
-    "output_id": "financial.incremental_return_on_capital",
+    "operation": "divide",
+    "output_id": "valuation.owner_earnings_yield.master_buffett",
     "output_period": {
       "alignment": "as_of",
       "basis": "instant",
       "window": null
     },
-    "output_schema_hash": "sha256:c181cfb5bbec7e26fcdd484415f827b1194a161ef406ab2c17cd4dca9e9e3744",
+    "output_schema_hash": "sha256:6e418b8743a1cf8aa537a39edaa2858abb71303533f5de0a717f6af8d2bc53c7",
     "production_eligible": false,
     "review_status": "not_human_reviewed",
     "schema_version": 1,
     "source_ids": [
       "proxy:0098985e34825996c"
     ],
-    "unit": "derived_proxy_scalar",
-    "value_kind": "scalar",
-    "version": "0.1.0"
+    "unit": "decimal",
+    "value_kind": "ratio",
+    "version": "0.2.0"
   }
 ]

package/knowledge/solo-test/masters/master_burry/decision_policy.json

@@ -2,7 +2,39 @@
   "abstention_policy": "fail_closed",
   "dsl_version": "1.1",
   "eligibility": {
-    "all": []
+    "all": [
+      {
+        "condition": {
+          "conditions": [
+            {
+              "op": "exists",
+              "value": {
+                "fact_id": "financial.leverage"
+              }
+            },
+            {
+              "op": "exists",
+              "value": {
+                "fact_id": "financial.interest_coverage"
+              }
+            }
+          ],
+          "op": "all"
+        },
+        "condition_id": "master_burry.capital_structure_readable",
+        "on_false": {
+          "common_stance": "out_of_scope",
+          "native_state": "provisional_document_gap"
+        },
+        "on_uncomputable": {
+          "common_stance": "out_of_scope",
+          "native_state": "provisional_document_gap"
+        },
+        "source_ids": [
+          "proxy:671173c81294794a1"
+        ]
+      }
+    ]
   },
   "fact_gate": {
     "on_missing_critical": {
@@ -10,21 +42,62 @@
       "native_state": "provisional_document_gap"
     }
   },
-  "hard_vetoes": [],
+  "hard_vetoes": [
+    {
+      "condition": {
+        "conditions": [
+          {
+            "left": {
+              "fact_id": "financial.leverage"
+            },
+            "op": "gt",
+            "right": {
+              "literal": 1
+            }
+          },
+          {
+            "left": {
+              "fact_id": "financial.interest_coverage"
+            },
+            "op": "lt",
+            "right": {
+              "literal": 1
+            }
+          }
+        ],
+        "op": "all"
+      },
+      "on_trigger": {
+        "common_stance": "opposed",
+        "native_state": "provisional_opinion_only"
+      },
+      "on_uncomputable": {
+        "action": "abstain",
+        "decision": {
+          "common_stance": "out_of_scope",
+          "native_state": "provisional_document_gap"
+        }
+      },
+      "source_ids": [
+        "proxy:671173c81294794a1"
+      ],
+      "veto_id": "master_burry.cannot_survive_the_wait"
+    }
+  ],
   "native_decision_schema": "structural_mispricing_v1",
   "native_output_fields": [
     {
       "field": "metric_1",
       "on_missing": "fail",
       "value": {
-        "output_id": "capital_structure.seniority"
+        "output_id": "valuation.net_current_asset_value_per_share.master_burry"
       }
     },
     {
       "field": "metric_2",
       "on_missing": "fail",
       "value": {
-        "output_id": "mispricing.mechanism"
+        "output_id": "valuation.net_current_asset_surplus_per_share.master_burry"
       }
     }
   ],
@@ -52,14 +125,14 @@
     },
     {
       "decision": {
-        "common_stance": "cautious",
+        "common_stance": "constructive",
         "native_state": "provisional_structural_mispricing"
       },
       "min_ratio": 1
     }
   ],
   "scoring": {
-    "max_score": 2,
+    "max_score": 3,
     "min_coverage": 1,
     "on_insufficient_coverage": {
       "common_stance": "out_of_scope",
@@ -69,7 +142,7 @@
       {
         "condition": {
           "left": {
-            "output_id": "capital_structure.seniority"
+            "output_id": "valuation.net_current_asset_surplus_per_share.master_burry"
           },
           "op": "gt",
           "right": {
@@ -78,7 +151,7 @@
         },
         "coverage_weight": 1,
         "points": 1,
-        "rule_id": "proxy_score_1",
+        "rule_id": "burry_price_below_net_current_assets",
         "source_ids": [
           "proxy:671173c81294794a1"
         ]
@@ -86,16 +159,33 @@
       {
         "condition": {
           "left": {
-            "output_id": "mispricing.mechanism"
+            "fact_id": "financial.leverage"
           },
-          "op": "gt",
+          "op": "lte",
           "right": {
-            "literal": 0
+            "literal": 1
+          }
+        },
+        "coverage_weight": 1,
+        "points": 1,
+        "rule_id": "burry_equity_not_junior_to_more_debt_than_equity",
+        "source_ids": [
+          "proxy:671173c81294794a1"
+        ]
+      },
+      {
+        "condition": {
+          "left": {
+            "fact_id": "financial.interest_coverage"
+          },
+          "op": "gte",
+          "right": {
+            "literal": 5
           }
         },
         "coverage_weight": 1,
         "points": 1,
-        "rule_id": "proxy_score_2",
+        "rule_id": "burry_issuer_can_wait_for_the_thesis",
         "source_ids": [
           "proxy:671173c81294794a1"
         ]

package/knowledge/solo-test/masters/master_burry/doctrine.jsonl

@@ -1,6 +1,6 @@
 {"assurance_class":"provisional_derived_proxy","attribution_status":"provisional_not_human_reviewed","claim":"Start from primary documents and capital structure to find structural, mechanically verifiable mispricing and test whether the position can survive being early.","rule_id":"proxy_rule_1","source_ids":["proxy:671173c81294794a1"]}
-{"assurance_class":"provisional_derived_proxy","attribution_status":"provisional_not_human_reviewed","claim":"Rebuild seniority, maturities, covenants and off-balance-sheet claims from filings.","rule_id":"proxy_rule_2","source_ids":["proxy:671173c81294794a1"]}
-{"assurance_class":"provisional_derived_proxy","attribution_status":"provisional_not_human_reviewed","claim":"Quantify the mechanical mispricing, carry, borrow and forced-exit conditions.","rule_id":"proxy_rule_3","source_ids":["proxy:671173c81294794a1"]}
+{"assurance_class":"provisional_derived_proxy","attribution_status":"provisional_not_human_reviewed","claim":"Working capital net of every liability, expressed per share so that it can be set against a share price. This is the balance-sheet floor the early letters describe buying beneath, before any judgement about the business enters.","rule_id":"proxy_rule_2","source_ids":["proxy:671173c81294794a1"]}
+{"assurance_class":"provisional_derived_proxy","attribution_status":"provisional_not_human_reviewed","claim":"What is left per share once the price is paid, counted only in assets that turn into cash inside a year. Kept as a subtraction in one currency rather than as a coverage ratio so that both sides of the comparison stay in the same units.","rule_id":"proxy_rule_3","source_ids":["proxy:671173c81294794a1"]}
 {"assurance_class":"provisional_derived_proxy","attribution_status":"provisional_not_human_reviewed","claim":"Reject a load-bearing number that cannot be traced to an opened primary document.","rule_id":"proxy_rule_4","source_ids":["proxy:671173c81294794a1"]}
 {"assurance_class":"provisional_derived_proxy","attribution_status":"provisional_not_human_reviewed","claim":"Reject a trade when disagreement is subjective rather than mechanically testable.","rule_id":"proxy_rule_5","source_ids":["proxy:671173c81294794a1"]}
 {"assurance_class":"provisional_derived_proxy","attribution_status":"provisional_not_human_reviewed","claim":"Reject when carry, margin or borrow can force exit before intermediate signals resolve.","rule_id":"proxy_rule_6","source_ids":["proxy:671173c81294794a1"]}

package/knowledge/solo-test/masters/master_burry/manifest.json

@@ -16,15 +16,20 @@
     ],
     "native_decision_schema": "structural_mispricing_v1",
     "optional_fact_types": [
+      "financial.leverage",
+      "financial.interest_coverage",
+      "capital_structure.seniority",
       "credit.maturity_schedule",
       "accounting.policy_choices",
       "accounting.off_balance_sheet",
+      "mispricing.mechanism",
       "trade.carry",
       "short.borrow_availability"
     ],
     "required_fact_types": [
-      "capital_structure.seniority",
-      "mispricing.mechanism"
+      "financial.net_current_asset_value",
+      "capital_allocation.share_count",
+      "market.price"
     ]
   },
   "components": {
@@ -45,8 +50,8 @@
   "computation": {
     "dsl_version": "1.1",
     "pipeline": [
-      "master_burry.capital_structure_reader",
-      "master_burry.mispricing_carry"
+      "master_burry.net_current_asset_value_per_share",
+      "master_burry.net_current_asset_surplus_per_share"
     ]
   },
   "decision": {
@@ -54,8 +59,9 @@
     "common_projection": "common_stance_v1",
     "confidence_calibrator": null,
     "eligibility": [
-      "capital_structure.seniority",
-      "mispricing.mechanism"
+      "financial.net_current_asset_value",
+      "capital_allocation.share_count",
+      "market.price"
     ],
     "hard_vetoes": [
       "master_burry.secondary_only",

package/knowledge/solo-test/masters/master_burry/provisional-index.json

@@ -16,7 +16,7 @@
   ],
   "experiment_pass_count": 0,
   "formula_approval_binding_count": 0,
-  "formula_compilation_manifest_hash": "sha256:7265b10a67bd0437af02572176793ef0b8529e48437edc5a2e0b1b1b9fbe73d0",
+  "formula_compilation_manifest_hash": "sha256:fc8afd469d9cafccccc4221622ccde5061167c538ab6472eecaaf65efce5461b",
   "method_model_eligible": false,
   "native_states": [
     "provisional_document_gap",
@@ -26,8 +26,8 @@
   ],
   "persona_id": "master_burry",
   "planned_tool_ids": [
-    "master_burry.capital_structure_reader",
-    "master_burry.mispricing_carry"
+    "master_burry.net_current_asset_value_per_share",
+    "master_burry.net_current_asset_surplus_per_share"
   ],
   "production_eligible": false,
   "review_status": "not_human_reviewed",