LEGAL
Display Rights Policy
Last updated: August 7, 2026
This policy states who sees what on Walter, by account tier. It is incorporated by reference into the Walter Publisher Agreement, and Walter updates it only in ways that never expand non-subscriber access to actionable content.
- —Everyone, no account: a newsletter's grade and peer group, and its aggregate record — ideas tracked, live-since date, modeled return versus benchmark, hit rate. During Walter's launch period, grades display as COMPILING.
- —Free account: everything above, plus peer rank, track-record state, open-book aggregates, and the per-idea closed-trade history — each close appearing two trading days after it occurs.
- —Intelligence: everything above, plus your own subscribed newsletters — live positions, reading pane, alerts, and summaries of your own issues.
- —Discovery: everything above, plus the full Walter Score with sub-scores, the marketplace, and full content of newsletters you purchase.
- —Never, for anyone who is not that newsletter's subscriber: open positions or issue text. No tier, no price, and no request changes this.
Walter Grades is an independent analytics and ratings provider. Walter Grades does not provide investment, tax, or legal advice. Grades and scores are information only and are not recommendations to buy, hold, or sell any security or product. Past performance does not guarantee future results.