1. Investment Category
An Investment Category describes what fundamentally drives a stock’s return.
It tells you why you own the stock: whether it is mainly for steady dividends, predictable compounding, fast growth, a potential turnaround, a deep value rebound, or exposure to a broad market or sector.

Each stock should have one primary category so you stay focused on the stock’s main return engine.

Identifying the category helps you select the right valuation method, set position size appropriately, and decide what kind of behavior you should expect from the stock over time.

In short, the category answers the question:
“What is the main reason this stock creates returns in my portfolio?”

2) Investment Type
An Investment Type describes how a business tends to behave throughout the economic cycle. It is not about returns themselves, but about the pattern of volatility, resilience, and sensitivity to recessions and expansions.

Each stock is tagged with one Investment Type. This tells you whether the company typically holds up well in downturns, fluctuates moderately, or swings strongly with the economy.

This label helps you anticipate the stock’s risk profile, manage timing expectations, and understand how it may influence your overall portfolio stability.

In short, the type answers the question:
“How does this business usually respond when the economic environment changes?”