Every fortnight Replicly runs every US-listed company through Buffett’s and Graham’s tests, reads the annual reports of what survives and values the best in full. Then it fits the list to how much you invest.
Edition 2 · 1 Nov 2026
The Desk
Swept
6,078
Loaded
1,072
Screened
397
Read
64
Researched
29
lululemon athletica Inc LULU
lululemon designs, distributes and sells technical athletic clothing, footwear and accessories, mostly through its own stores and website.
Gentex Corp GNTX
Gentex makes automatic-dimming rear-view mirrors and the electronics that go into them, mainly for car makers.
Federated Hermes, Inc FHI
Federated Hermes is a US investment manager that runs mutual funds and separate accounts and earns fees on the assets it looks after, most of it in cash-like money market funds.
In the 1950s Buffett found ideas by turning every page of the Moody’s manuals. We do the same with every US filer, every fortnight, and keep only what survives. Scroll to watch the latest edition narrow.
Stage 1 of 5
6,078
US companies swept
Each dot is about 10 companies.
In the 1950s Buffett hunted small, ignored bargains. Today Berkshire can only buy giants, and he has said himself that small money can go where big money can’t.
Copying Berkshire’s portfolio copies its constraints. Replicly matches you to the era whose constraints look like yours, then sets the margin of safety to suit.
If you’re investing
£100k
Partnership Buffett · 1956 to 1969
Bargains in places big money can't go, bought with a wide margin of safety.
Small capital, a wide hunting ground. Graham-style bargains in small and overlooked companies, special situations, and deep margins of safety. Concentrated when conviction was high.
Illustrative research settings for a profile type. They aren’t advice. Thresholds are our reading of Buffett’s record.
Claude reads the 10-K for what a spreadsheet can’t measure: the moat, management and how predictable the business is. Each claim has to quote the filing, and each quote is checked word for word before it’s kept.
The model never writes a number. Figures are computed in code from the SEC’s data, the same way every time.
What protects the profits
Coca Cola Co · analysed 21 Oct 2026
Durability
Narrow
Pricing power
Some
Moat type
Brand, Intangibles
The main protection is the brand, with trade secret formulas and a worldwide bottling network behind it. The filing says its competitive strengths include leading brands with high levels of consumer recognition and loyalty. Gross margin has averaged 61% with little swing (1.3% volatility), and return on invested capital has averaged 15% with a lowest year of 9.5%, which suggests the returns hold through a cycle. The filing also says competitive pressure may limit price rises, and the BodyArmor trademark was impaired, so the moat looks narrow rather than wide. The excerpts do not show how much past price rises stuck with volumes, so pricing power is only partly proven, and the 'predictability' in the earlier pass describes margin stability rather than the cause of it.
From the 10-K, Business
“Our competitive strengths include leading brands with high levels of consumer recognition and loyalty; a worldwide network of bottlers and distributors of Company products”
Checked word for word against the filingOpen the 10-K
Every valuation comes as bear, base and bull. There is never a single price target. Move the assumptions and see how much the answer depends on what you believe.
This is Coca Cola Co’s real base case, run by the same function as every analysis.
Coca Cola Co KO
Starting from $11.3B of normalised owner earnings. Growth fades to 2.5% by year ten. The base case uses the 10-year Treasury plus a 3% hurdle.
Value per share
$47.05
The price of $94.08 is 100% above this value
Price
Each one cites the letter, interview or book it comes from, so you can read Buffett in his own words and judge our reading of him.
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No. It's research and education. It applies Buffett's documented principles to a company, values it under stated assumptions and adjusts the lens to your situation, but it never tells you to buy or sell. That decision stays yours.
No. We have no connection with either. We use his public shareholder letters and interviews as a method, and we cite them so you can read the originals.
Financial statements come from the SEC's XBRL filings, narrative from the latest annual report, interest rates from the US Treasury and market data from the Federal Reserve. Prices come from free end-of-day sources and can be delayed or missing; we say so when they are.
Set your lens in a minute. Open the Desk. Read the case for and against.
Claude reads the filing and judges the things a spreadsheet can't: the moat, management, predictability and the strongest case against. It isn't allowed to write numbers. Figures are computed in code and every qualitative claim has to quote the filing.
Any US-listed company that files with the SEC, which covers over 6,000 names. UK-listed coverage is next once we've licensed reliable data for it. You can hold US shares in an ISA or SIPP.
Not today. You can import holdings from a CSV to see your portfolio through the Buffett lens. Read-only broker connections are coming to Max. Placing trades is deliberately out of scope.
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