Add discipline
Adds require a price trigger plus a current business thesis, acceptable valuation, and room under concentration limits.
Fujimoto ladder
A Fujimoto ladder works best when it can say no.
The Fujimoto ladder is useful because it turns volatility into a disciplined add, hold, trim, or pause workflow. The risk is averaging into deteriorating businesses, so Investory treats ladder triggers as candidates, not automatic orders.
Direct answer
A safer Fujimoto ladder uses price thresholds to create signals, then requires research checks and portfolio limits before capital is deployed. This keeps the strategy disciplined during ordinary volatility and restrained during broad drawdowns.
Trim discipline
Trims consider valuation, position weight, tax context, and whether the long-term thesis still deserves core exposure.
Crash controls
Global deployment budgets prevent many simultaneous add signals from consuming cash during market stress.