@import url('https://fonts.googleapis.com/css2?family=Barlow+Condensed:wght@500;600;700&family=DM+Sans:wght@400;450;500;600;700&display=swap');
:root{color-scheme:light;--bg:#ffffff;--panel:#f5f7f3;--paper:#1c221c;--muted:#566151;--line:#dce2d8;--accent:#355f40;--positive:#246b38;--negative:#ac342c;--benchmark:#705197;--font:'DM Sans',Arial,sans-serif;--display:'Barlow Condensed','Arial Narrow',Impact,sans-serif}*{box-sizing:border-box}html{scroll-behavior:smooth}body{margin:0;background:var(--bg);color:var(--paper);font-family:var(--font);font-size:16px;line-height:1.6}a{color:inherit;text-decoration:none}button{font:inherit;color:inherit;cursor:pointer}button,a{-webkit-tap-highlight-color:transparent}button{border:0}button:disabled{cursor:default}img{display:block;width:100%;object-fit:cover}::selection{background:var(--paper);color:var(--bg)}:focus-visible{outline:2px solid #355f40;outline-offset:6px}h1,h2,h3,p{margin:0}h1,h2,h3{font-weight:500}button,a{touch-action:manipulation}.header{height:100px;padding:0 4.5%;display:flex;align-items:center;justify-content:space-between;gap:24px;border-bottom:1px solid var(--line);background:var(--bg)}.brand{font-size:23px;font-weight:700;letter-spacing:-1.1px;white-space:nowrap;display:flex;align-items:center;gap:5px;line-height:1}.brand span{font-weight:400}.brand i{width:5px;height:5px;background:var(--paper);align-self:flex-end;margin:0 0 3px 2px}.header nav{display:flex;gap:36px;font-size:14px}.header nav a{position:relative;padding:8px 0;color:#566151}.header nav a:hover,.header nav a[aria-current]{color:var(--paper)}.header nav a[aria-current]:after{position:absolute;bottom:0;left:0;right:0;height:1px;background:var(--paper);content:''}.header-note,.eyebrow,.caption,.tag{font-size:12px;letter-spacing:1.7px;font-weight:500}.header-note{color:var(--muted)}.hero{height:min(780px,calc(100svh - 100px));min-height:580px;position:relative;isolation:isolate;overflow:hidden}.hero-image{position:absolute;inset:0;height:100%;z-index:-2;object-position:50% 55%;filter:brightness(.7)}.hero:after{position:absolute;inset:0;z-index:-1;content:'';background:linear-gradient(90deg,rgba(0,0,0,.48),transparent 80%),linear-gradient(0deg,rgba(0,0,0,.47),transparent 45%)}.hero-content{height:100%;padding:64px 6% 40px;display:flex;flex-direction:column;align-items:flex-start}.eyebrow{display:flex;align-items:center;gap:14px;text-transform:uppercase}.eyebrow:before{content:'';width:28px;height:1px;background:currentColor}.hero h1{font-family:var(--display);font-size:clamp(80px,9.8vw,152px);font-weight:600;line-height:.88;letter-spacing:-2px;margin:44px 0 28px;text-transform:uppercase}.hero h1 span{color:#566151}.hero-description{max-width:400px;color:#465241;font-size:16px;line-height:1.8}.button{margin-top:28px;min-height:50px;display:inline-flex;align-items:center;justify-content:space-between;gap:45px;padding:12px 22px;background:var(--paper);color:var(--bg);font-size:14px;font-weight:500;transition:background .2s,transform .2s}.button:hover{background:#303a2d;transform:translateY(-2px)}.button span{font-size:22px;line-height:1}.hero-bottom{margin-top:auto;display:flex;justify-content:space-between;width:100%;padding-top:36px;font-size:12px;color:#566151}.hero-bottom a{letter-spacing:1px}.photo-caption{letter-spacing:.4px}.section{padding:90px 6%}.section-title{display:flex;justify-content:space-between;gap:24px;align-items:flex-end;margin-bottom:36px}.section-title h2,.page-intro h1{font-family:var(--display);font-weight:500;font-size:clamp(48px,5.7vw,78px);line-height:1;letter-spacing:-.5px;text-transform:uppercase}.section-title .eyebrow{color:var(--muted);margin-bottom:18px}.underlined{font-size:14px;border-bottom:1px solid #75816d;padding-bottom:5px;white-space:nowrap;display:inline-flex;gap:32px;align-items:center}.underlined:hover{color:var(--paper);border-color:var(--paper)}.worlds{display:grid;grid-template-columns:1.1fr 1fr;gap:24px}.world{min-height:440px;position:relative;overflow:hidden;display:flex;flex-direction:column;padding:34px;isolation:isolate;border:1px solid var(--line)}.world img{position:absolute;inset:0;height:100%;z-index:-2;filter:brightness(.65);transition:transform .8s}.world:has(img):after{content:'';position:absolute;inset:0;z-index:-1;background:linear-gradient(0deg,#0009,transparent)}.world:hover img{transform:scale(1.035)}.world .tag{display:flex;justify-content:space-between}.world-bottom{margin-top:auto}.world h3{font-family:var(--display);font-size:56px;text-transform:uppercase;line-height:1.1}.world p{font-size:14px;color:#d8d8d0;margin-top:10px;max-width:300px}.world-invest{background:#1a1d18}.world-invest .mini-chart{position:absolute;width:88%;height:180px;left:6%;top:84px;opacity:.65}.world .round-arrow{position:absolute;right:34px;bottom:38px;border:1px solid #a1a697;border-radius:50%;width:43px;height:43px;display:grid;place-items:center}.manifesto{padding:60px 6% 100px;display:grid;grid-template-columns:1fr 2fr;gap:70px}.manifesto .eyebrow{align-self:start;color:var(--muted);margin-top:13px}.manifesto p{font-size:clamp(25px,3vw,42px);line-height:1.35;letter-spacing:-.9px;max-width:760px}.manifesto .underlined{margin-top:30px}footer{padding:42px 6% 24px;border-top:1px solid var(--line)}.footer-top,.footer-bottom{display:flex;justify-content:space-between;gap:20px;align-items:center}.footer-top p{font-size:14px;color:var(--muted)}.back-top{font-size:14px}.footer-bottom{border-top:1px solid var(--line);margin-top:42px;padding-top:22px;color:var(--muted);font-size:12px}.text-button{padding:0;background:none;color:var(--muted);font-size:12px}.text-button:hover{color:var(--paper)}.page-intro{padding:64px 6% 45px}.page-intro .eyebrow{color:var(--muted);margin-bottom:26px}.page-intro h1{font-size:clamp(68px,8vw,110px)}.intro-row{display:flex;justify-content:space-between;gap:40px;align-items:flex-end}.intro-row p{color:var(--muted);max-width:370px;font-size:16px}.travel-section{padding:0 6% 90px}.filterbar{border-top:1px solid var(--line);padding:20px 0 28px;display:flex;gap:10px;align-items:center;flex-wrap:wrap}.filterbar button,.periods button{border:1px solid transparent;background:transparent;color:var(--muted);font-size:14px;padding:8px 16px}.filterbar button[aria-pressed=true]{background:var(--paper);color:var(--bg)}.filterbar .small-note{margin-left:auto}.small-note{font-size:12px;color:var(--muted)}.travel-grid{display:grid;grid-template-columns:repeat(3,1fr);gap:24px}.travel-card{background:none;text-align:left;padding:0}.travel-card .image-wrap{overflow:hidden;position:relative;aspect-ratio:3/4;background:var(--panel)}.travel-card img{height:100%;filter:brightness(.88);transition:transform .8s}.travel-card:hover img{transform:scale(1.04)}.image-wrap .tag{position:absolute;top:20px;left:20px;background:#111b;backdrop-filter:blur(10px);padding:5px 10px}.travel-card .card-meta{display:flex;justify-content:space-between;color:var(--muted);font-size:12px;margin-top:20px}.travel-card h2{font-family:var(--display);font-size:42px;text-transform:uppercase;margin-top:6px}.travel-card p{color:var(--muted);font-size:14px;line-height:1.6;margin-top:5px}.travel-card .read{display:inline-block;margin-top:18px;border-bottom:1px solid #64685e;font-size:14px;padding-bottom:4px}.demo-banner{margin:0 6% 30px;padding:14px 18px;background:#f2f6ef;border:1px solid #cddac7;display:flex;align-items:center;gap:14px;font-size:14px;color:#3d5235}.demo-banner .badge{font-size:12px;background:#e0e9d9;padding:3px 8px;letter-spacing:.5px;white-space:nowrap}.demo-banner button{background:none;text-decoration:underline;text-underline-offset:4px;margin-left:auto;white-space:nowrap;font-size:14px}.portfolio{padding:0 6% 90px}.metrics{display:grid;grid-template-columns:repeat(3,1fr);border-top:1px solid var(--line);border-bottom:1px solid var(--line);margin-bottom:34px}.metric{padding:25px 32px;border-right:1px solid var(--line)}.metric:first-child{padding-left:0}.metric:last-child{border:0}.metric-label{color:var(--muted);font-size:14px;margin-bottom:8px}.metric-value{font-size:38px;line-height:1.2;letter-spacing:-1.7px}.metric-value.positive{color:var(--positive)}.metric-detail{font-size:12px;color:var(--muted);margin-top:8px}.chart-panel{border:1px solid var(--line);padding:26px 28px 10px}.chart-heading{display:flex;align-items:center;justify-content:space-between;gap:20px}.chart-heading h2,.holdings h2,.allocation h2{font-size:20px;letter-spacing:-.5px}.chart-heading p{color:var(--muted);font-size:12px;margin-top:4px}.periods{display:flex;gap:4px}.periods button{padding:6px 12px}.periods button[aria-pressed=true]{background:var(--paper);color:var(--bg)}.chart-wrap{position:relative;margin-top:20px}.chart-wrap svg{width:100%;height:300px;overflow:visible;display:block}.chart-wrap text{font:12px var(--font);fill:var(--muted)}.chart-tooltip{position:absolute;pointer-events:none;background:var(--paper);color:var(--bg);padding:8px 12px;font-size:12px;line-height:1.5;z-index:2;min-width:125px;top:0}.chart-tooltip[hidden]{display:none}.chart-legend{display:flex;gap:22px;font-size:12px;color:var(--muted);padding:0 0 10px}.chart-legend span{display:flex;align-items:center;gap:8px}.chart-legend i{width:20px;height:2px;background:var(--accent)}.portfolio-bottom{display:grid;grid-template-columns:2fr 1fr;gap:45px;margin-top:44px}.block-heading{display:flex;justify-content:space-between;align-items:center;margin-bottom:22px;gap:10px}.count{color:var(--muted);font-size:12px}.table-wrap{overflow-x:auto}table{border-collapse:collapse;width:100%;white-space:nowrap}th{text-align:left;color:var(--muted);font-weight:400;font-size:12px;padding:0 0 14px;border-bottom:1px solid var(--line)}th button{background:none;padding:4px 0;font:inherit}td{padding:16px 0;border-bottom:1px solid #e3e8df;font-size:14px}th:not(:first-child),td:not(:first-child){text-align:right;padding-left:15px}.security{display:flex;align-items:center;gap:13px}.ticker-box{background:#f1f5ed;border:1px solid #d3ddcb;width:38px;height:38px;display:grid;place-items:center;font-size:12px;color:#3b5132}.security-name{font-size:14px}.security-symbol{color:var(--muted);font-size:12px}.gain{color:var(--positive)}.loss{color:var(--negative)}.allocation{border-left:1px solid var(--line);padding-left:34px}.allocation-bar{height:18px;width:100%;display:flex;gap:4px;margin:27px 0}.allocation-bar span{display:block}.allocation-list{list-style:none;padding:0;margin:0}.allocation-list li{display:flex;align-items:center;gap:12px;font-size:14px;padding:10px 0}.allocation-list i{width:8px;height:8px}.allocation-list strong{margin-left:auto;font-weight:400}.method{margin-top:32px;padding-top:20px;border-top:1px solid var(--line);color:var(--muted);font-size:12px;max-width:100%;line-height:1.7}.about{min-height:65vh;padding:75px 6%;display:grid;grid-template-columns:1fr 1.2fr;gap:60px}.about h1{font-family:var(--display);font-size:clamp(70px,9vw,140px);line-height:.95}.about-copy{max-width:550px;padding-top:20px}.about-copy p{font-size:22px;line-height:1.7}.about-copy p+p{font-size:16px;margin-top:24px;color:var(--muted)}.about-links{display:flex;gap:24px;margin-top:34px}dialog{background:var(--bg);color:var(--paper);box-shadow:0 18px 70px #18201022;border:1px solid #c5cec0;padding:48px;width:min(640px,calc(100vw - 32px));max-height:88svh}dialog::backdrop{background:#000b;backdrop-filter:blur(6px)}dialog .close{position:absolute;right:16px;top:8px;background:none;font-size:32px;font-weight:400;color:var(--muted)}dialog h2{font-family:var(--display);font-size:48px;line-height:1.1;text-transform:uppercase;margin:15px 0 20px}dialog p{color:#465241;margin-top:14px}dialog li{margin:12px 0;color:#465241}dialog .dialog-image{height:230px;margin-top:20px}dialog a{text-decoration:underline;text-underline-offset:4px}dialog .eyebrow{font-size:12px}.skip{position:fixed;z-index:20;left:20px;top:-100px;background:white;color:black;padding:12px}.skip:focus{top:10px}.not-found{padding:100px 6%;min-height:65vh}.not-found h1{font-family:var(--display);font-size:70px}main{animation:appear .4s ease}main:focus{outline:none}@keyframes appear{from{opacity:.4;transform:translateY(5px)}to{opacity:1;transform:none}}@media(min-width:1600px){.hero-content,.section,.page-intro,.travel-section,.portfolio,footer,.manifesto{padding-left:max(6%,calc((100vw - 1450px)/2));padding-right:max(6%,calc((100vw - 1450px)/2))}}@media(max-width:1000px){.header-note{display:none}.header{height:84px}.hero{height:720px;min-height:590px}.hero h1{font-size:110px}.hero-content{padding-top:55px}.worlds{grid-template-columns:1fr 1fr}.world{padding:26px;min-height:410px}.world .round-arrow{right:24px;bottom:28px}.world h3{font-size:45px}.world p{max-width:230px}.travel-grid{gap:18px}.portfolio-bottom{grid-template-columns:1.7fr 1fr;gap:24px}.allocation{padding-left:24px}.header nav{gap:24px}.manifesto{gap:30px}.intro-row p{max-width:310px}}@media(max-width:700px){.header{padding:0 6%;height:auto;min-height:102px;flex-direction:column;gap:18px;align-items:flex-start;justify-content:center;padding-top:22px;padding-bottom:13px}.brand{font-size:21px}.header nav{width:100%;gap:26px;font-size:14px}.header nav a{padding:0 0 4px}.hero{min-height:600px;height:calc(100svh - 106px);max-height:780px}.hero-content{padding-top:40px;padding-bottom:24px}.hero h1{font-size:clamp(68px,14.8vw,103px);letter-spacing:-1px;margin-top:44px;line-height:.94}.hero-description{max-width:290px;font-size:15px}.hero-image{object-position:60% 50%}.hero-bottom{font-size:12px;align-items:flex-end;gap:20px}.hero-bottom .photo-caption{max-width:130px}.hero .button{margin-top:28px}.section{padding-top:60px;padding-bottom:50px}.section-title{align-items:flex-start;gap:22px;flex-direction:column}.section-title h2{font-size:52px}.worlds{grid-template-columns:1fr;gap:20px}.world{min-height:420px}.world h3{font-size:50px}.manifesto{grid-template-columns:1fr;padding-top:15px;padding-bottom:64px;gap:25px}.manifesto p{font-size:28px}.footer-top{align-items:flex-start;flex-direction:column;gap:20px}.footer-bottom{flex-wrap:wrap;margin-top:28px;font-size:12px}.footer-bottom>span:nth-child(2){display:none}.page-intro{padding-top:42px;padding-bottom:30px}.intro-row{align-items:flex-start;flex-direction:column;gap:22px}.page-intro h1{font-size:68px}.intro-row p{max-width:100%;font-size:15px}.filterbar{gap:3px}.filterbar button{padding:8px 11px}.filterbar .small-note{width:100%;margin:8px 0 0}.travel-grid{grid-template-columns:1fr;gap:45px}.travel-card .image-wrap{aspect-ratio:4/5}.travel-section{padding-bottom:60px}.demo-banner{flex-wrap:wrap;gap:8px 10px;padding:12px;font-size:13px}.demo-banner button{margin-left:0;width:100%;text-align:left;font-size:13px}.metrics{grid-template-columns:1fr 1fr}.metric{padding:20px 0 20px 18px}.metric:nth-child(2){border:0}.metric:last-child{grid-column:1/-1;border-top:1px solid var(--line);padding:17px 0}.metric:last-child .metric-value{font-size:26px}.metric-value{font-size:31px}.metric-label{font-size:13px}.chart-panel{padding:20px 15px 8px}.chart-heading{align-items:flex-start;flex-direction:column;gap:16px}.periods{width:100%;justify-content:space-between}.periods button{font-size:13px;padding:6px 10px}.chart-wrap svg{height:230px}.portfolio-bottom{grid-template-columns:1fr;gap:40px}.allocation{padding:0;border:0}.portfolio{padding-bottom:50px}.about{grid-template-columns:1fr;gap:30px;padding-top:50px}.about h1{font-size:88px}.about-copy p{font-size:20px}.about-links{flex-wrap:wrap}dialog{padding:32px 24px}dialog h2{font-size:42px}.chart-legend{font-size:12px}}@media(prefers-reduced-motion:reduce){html{scroll-behavior:auto}*,*:before,*:after{animation:none!important;transition:none!important}}
.draft-preview-banner{background:#d7dfc9;color:#1d2912;padding:12px 6%;font-size:13px;display:flex;justify-content:space-between;gap:15px;flex-wrap:wrap}.draft-preview-banner a{text-decoration:underline;text-underline-offset:3px}.article-head{padding:60px 6% 40px;max-width:1200px;margin:auto}.article-head h1{font-family:var(--display);font-size:clamp(56px,7vw,100px);line-height:1;margin:20px 0}.article-head>p:last-child{font-size:20px;color:var(--muted);max-width:650px}.article-cover{height:60vh;max-height:720px;min-height:280px}.article-body{max-width:780px;margin:auto;padding:60px 28px;font-size:18px;line-height:1.9;overflow-wrap:anywhere}.rich-body p{margin-bottom:22px}.rich-body h3{margin:35px 0 20px;font-size:28px}.article-gallery{display:grid;grid-template-columns:repeat(2,1fr);gap:20px;padding:0 6% 80px}.article-gallery img{height:400px}.portfolio-commentary{max-width:800px;font-size:18px;margin-bottom:40px}.metrics:has(.metric:only-child){grid-template-columns:1fr}.metrics .metric:last-child{border-right:0}@media(max-width:700px){.article-gallery{grid-template-columns:1fr}.article-gallery img{height:300px}.article-head{padding-top:40px}.article-body{padding-top:35px;font-size:16px}}
.article-index{padding:0 6% 90px;min-height:45vh}.article-row{display:flex;align-items:center;gap:28px;border-top:1px solid var(--line);padding:35px 0}.article-row:last-child{border-bottom:1px solid var(--line)}.article-row>div{flex:1}.article-row h2{font-family:var(--display);font-size:44px;line-height:1.1;margin:10px 0}.article-row p{color:var(--muted);max-width:620px;font-size:15px}.article-row .article-meta,.article-number{font-size:12px;color:#566151;letter-spacing:1px}.article-row img{width:180px;height:120px}.article-arrow{font-size:30px}.article-row:hover h2{color:#355f40}.articles-empty{border-top:1px solid var(--line);padding:65px 0}.articles-empty h2{font-family:var(--display);font-size:46px;margin:25px 0 15px}.articles-empty>p{color:var(--muted)}@media(max-width:700px){.article-row{gap:16px;flex-wrap:wrap}.article-row h2{font-size:35px}.article-row img{width:100%;height:200px;order:4}.article-number{display:none}}
.rich-body a{text-decoration:underline;text-underline-offset:4px;color:var(--paper)}

/* Portfolio comparison */
.benchmark-value{color:var(--benchmark)}.metric-value.negative{color:var(--negative)}.chart-legend{flex-wrap:wrap}.chart-legend [hidden]{display:none}.chart-legend .benchmark-line{height:0;background:none;border-top:2px dashed var(--benchmark)}.benchmark-status{font-size:12px;color:#775321;margin:8px 0}.benchmark-status:empty{display:none}.benchmark-method{font-size:11px;line-height:1.7;color:var(--muted);border-top:1px solid var(--line);padding:16px 0 10px;margin-top:8px}.benchmark-method a{text-decoration:underline;text-underline-offset:3px}.source-copyright{display:block;margin-top:4px}.chart-tooltip{white-space:pre-line;min-width:190px;max-width:100%}.position-summary{display:flex;flex-wrap:wrap;gap:14px 35px;font-size:13px;color:var(--muted);padding-top:28px}.position-summary strong{font-weight:500;color:var(--paper)}.position-summary+.portfolio-bottom{margin-top:25px}
@media(max-width:700px){.performance-metrics .metric:last-child{padding-top:18px;padding-bottom:18px}.performance-metrics .metric:last-child .metric-value{font-size:31px}.benchmark-method{font-size:11px}.chart-legend{gap:10px 18px}.position-summary{gap:12px 25px}.chart-tooltip{font-size:11px;min-width:175px}}

.portfolio-bottom > *{min-width:0}.table-wrap{max-width:100%;overflow-x:auto}

/* Portrait and introduction on the home page. */
.hero-split{display:grid;grid-template-columns:minmax(0,1fr) minmax(0,1.2fr);height:auto;min-height:640px;max-height:none;background:var(--bg);border-bottom:1px solid var(--line)}
.hero-split:after{display:none}
.hero-portrait{position:relative;margin:0;min-width:0;padding:64px clamp(32px,5vw,80px);display:flex;flex-direction:column;justify-content:center;align-items:center;background:var(--bg)}
.hero-split .hero-image{position:static;width:min(100%,340px);height:auto;z-index:auto;filter:none;object-fit:contain}
.hero-portrait .photo-caption{position:static;width:min(100%,340px);padding:16px 0 0;background:none;color:var(--muted);font-size:11px;letter-spacing:1.5px;text-transform:uppercase}
.hero-split .hero-content{height:auto;min-width:0;padding:clamp(38px,5vw,80px);justify-content:center;align-items:flex-start}
.hero-split .eyebrow{color:var(--muted);font-size:11px;letter-spacing:1.8px}
.hero-split h1{font-size:clamp(64px,7.4vw,116px);line-height:.96;letter-spacing:-1.5px;margin:38px 0 30px;overflow-wrap:anywhere}
.hero-split h1 span{color:#546c4e}
.hero-split .hero-description{color:#465241;font-size:17px;line-height:1.85;max-width:420px}
.hero-split .button{margin-top:34px}
.hero-actions{display:grid;gap:12px;width:min(100%,340px);margin-top:30px}
.hero-split .hero-actions .button{margin:0;gap:16px}
.hero-actions .button-outline{background:transparent;color:var(--paper);border:1px solid #788471}
.hero-actions .button-outline:hover{background:#f1f5ed;border-color:var(--paper)}
.hero-about{margin-top:24px;color:var(--muted);font-size:13px;text-decoration:underline;text-underline-offset:4px}
.hero-about:hover{color:var(--paper)}
.hero-split .hero-bottom{margin-top:60px;padding-top:24px;border-top:1px solid var(--line);font-size:11px;color:var(--muted)}
.hero-split .hero-bottom a:hover{color:var(--paper)}
@media(min-width:701px) and (max-width:1000px){
  .hero-portrait{padding:48px 32px}
  .hero-split .hero-content{padding:42px 30px}
  .hero-split h1{font-size:clamp(62px,7.8vw,80px)}
  .hero-split .hero-description{font-size:15px}
  .hero-split .eyebrow{letter-spacing:1px}
}
@media(max-width:700px){
  .hero-split{grid-template-columns:minmax(0,1fr);min-height:0}
  .hero-portrait{padding:40px 6% 0}
  .hero-split .hero-image{width:min(100%,240px)}
  .hero-portrait .photo-caption{width:min(100%,240px);padding:14px 0 0}
  .hero-split .hero-content{padding:36px 6%}
  .hero-split h1{font-size:clamp(64px,14.5vw,100px);margin:28px 0 24px}
  .hero-split .hero-description{font-size:16px;max-width:100%}
  .hero-split .button{margin-top:28px}
  .hero-split .hero-bottom{margin-top:36px;padding-top:22px}
}