Something Strange Is Showing Up
in the Brokerage Accounts of
Gilder’s Technology Report Members

Dear fellow Gilder’s readers,

This is Roger Michalski.

Something strange is happening in the brokerage accounts of some of your fellow Gilder’s Technology Report readers.

Mysterious cash deposits keep showing up.

A deposit of $335 one day, $610 another, even $834 on yet another.

These aren’t dividend payments. (The tech stocks involved often don’t pay dividends at all.)

They’re not interest payments. (The cash has nothing to do with bonds.)

They’re not from a government program. (There is no paperwork. No federal eligibility requirements.)

And they’re not capital gains from selling stock. (Shares stay right where they are.)

They’re Just… CASH.

I call them “Tech Checks,” and they have been arriving in investors’ brokerage accounts on a regular basis, almost monthly.

Sometimes more than one in the same month.

Yet investors who receive these deposits have one thing in common:

They own tech stocks – the same investments found in George Gilder’s Paradigm and Special Situations portfolios.

And they know something many Gilder’s Technology Report readers don’t.

In the past 24 months, subscribers who followed specific recommendations had the opportunity to receive Tech Checks like these:

Hedge Funds Have Done This for Decades. Many Investors Have No Idea.

Here’s the truth about Tech Checks:

They’re not new. They’re not exotic. And they’re not complicated.

Wall Street has been generating this kind of extra cash income from stock portfolios for decades.

Many major hedge funds do it. Institutional money managers know about it.

But individual investors? Many have never heard of it.

That’s not an accident.

When professional money managers on Wall Street are doing something that generates consistent cash income on existing stock positions – income that doesn’t require a government program and doesn’t depend on the market going up – they tend to keep it quiet.

Steve Waite didn’t keep it quiet.

“I Did This Successfully on Wall Street. You Can Too.”

Steve spent nearly two decades managing institutional money on Wall Street.

Generating exactly this kind of extra cash income from the hedge fund stock portfolios he was managing was an important part of his investment management process.

Day after day. Week after week. With hundreds of millions in institutional money behind every trade.

“Most retail investors never see this,” Steve explained in a recent Gilder’s Technology Report briefing. “They hold their tech stocks, watch them go up and down, and wonder why they’re not making more income off them. Meanwhile, hedge funds are collecting extra cash off those same kinds of positions every single month.”

After leaving Wall Street, Steve joined George Gilder’s team at Gilder’s Technology Report.

And he brought the investment strategy with him.

He applied it directly to the stocks in the Gilder’s Technology Report Paradigm and Special Situations portfolios – the same stocks subscribers already own.

The result: a steady stream of Tech Checks.

How Tech Checks Work – in Plain English

Here’s the simple version:

Imagine an investor owns 100 shares of Qualcomm. It’s sitting in his or her brokerage account. Not paying much in dividends. Just… sitting there.

What if this same investor could get paid – right now, today – simply for agreeing to sell those shares if they reach a price they’d be thrilled to receive?

Once that agreement is made, the cash shows up immediately.

• It doesn’t depend on the stock going up.
• It doesn’t depend on the stock going down.
• It’s deposited the moment the agreement is in place.

If the stock reaches that price in the future? Great. Shares are sold, and the gains pocketed on top of the extra cash collected up front.

If the stock stays below that price? Also great. The shares stay put in the account. The up-front cash is kept. And the whole thing can be done again next month.

It wins either way.

That’s Tech Checks.

The Insider Angle: Getting Paid Before the Move

Here’s what makes this different from anything else in the Gilder lineup – and what Steve is uniquely positioned to offer.

The valuation model developed by Steve and used to manage the Gilder’s Technology Report‘s Paradigm and Special Situations portfolios doesn’t just aid in stock selection.

It assigns specific portfolio weights to every position based on projected performance. In other words, subscribers receive valuable information on how much money to invest in each Paradigm and Special Situation stock.

A stock earning the highest conviction based on valuation gets a “Power Play” designation, equal to 5% of an investor’s total equity portfolio.

As its valuation appreciates, the stock is no longer consistent with the Power Play rating, and the Gilder team is likely to downgrade it – first to “Pillar” status (3% weight) and then, if the stock continues to appreciate, to “Hold” status (1% weight).

Each of those changes is a signal for something: It’s time to start thinking about taking profits.

For the past two years, Steve watched for those signals.

And when the official change came, he recommended a strategy that positioned subscribers to collect a Tech Check and sell at the new, lower valuation target.

Subscribers didn’t just take profits when George said so.

They also got paid – extra cash in hand – before the move even happened.

That’s the insider angle.

It’s not tips.

Or guesses.

It’s a disciplined, valuation-driven approach to investing that turned Gilder’s Technology Report‘s research into a cash-generating machine.

Payments in Bull Markets. Payments in Bear Markets.

One of the best things about this strategy is how it performed across every kind of market.

When Gilder’s Technology Report stocks were rising last year, subscribers collected Tech Checks as positions climbed toward their targets.

When shares reached those prices and got sold, the extra cash was already in the account. Profits were taken systematically – not emotionally.

And when markets were flat or falling, as in 2026, the strategy worked like magic.

When shares didn’t reach target prices, that just meant subscribers kept them – and kept the Tech Checks too.

Income flowed in while waiting for conditions to improve.

I like it:

• Income when stocks go up.
• Income when stocks are flat.
• Income even when stocks go down.

Ideally, this is what you get from a dividend… however, many tech stocks don’t pay dividends. But you can generate income on these stocks using this strategy.

The Next Tech Payment Is Already Being Set Up

Right now, Steve is preparing the next round of Tech Check recommendations for subscribers to a special “bonus income” service we call Gilder’s Technology Report PRO (GTR PRO).

To receive them, a subscriber needs to be positioned before the recommendations go out.

That means joining GTR PRO before the next alert is sent.

Miss the alert and the opportunity passes.

Tech Checks follow a specific timing window.

Once the date is gone, it’s gone.

There’s no going back and collecting what was missed.

There’s just waiting for the next recommendation.

Introducing Gilder’s Technology Report PRO

GTR PRO is the professional-grade extension of Gilder’s Technology Report – designed for subscribers who want to do more with their recommended portfolios than simply buy and hold.

It’s built on the same stocks, the same research, the same valuation model that Gilder’s Technology Report subscribers already follow.

The difference is what happens on top of all that: Tech Checks.

Every recommendation comes with specific targets, timing windows, and step-by-step instructions.

No special expertise required. No need to monitor the market around the clock.

Just the ability to trade options in your account.

Steve handles the analysis. Subscribers follow the instructions.

The Tech Checks show up in the account.

GTR PRO Members Receive:

• 📡
  Regular Tech Checks Recommendations on Gilder’s Technology Report’s Paradigm and Special Situation Stocks

  Ongoing recommendations on the exact stocks you already know and likely already own.

• 🎯
  Specific Targets, Timing Windows, and Expected Cash Amounts for Every Trade

  Every recommendation arrives with precise details — no guesswork required.

• 📋
  Clear Step-by-Step Instructions

  While the plays are easy to follow, subscribers must be approved to trade options.

• 📊
  Monthly Portfolio Updates and Position Guidance

  Stay fully informed on every active position and what to do next.

• 👁️
  Eye on the Market

  Delivered three times per week, each issue brings you a fresh take on market news, research, and investing strategies from across all our publications and world-class analysts.

• 🚀
  GTR Pro Quick Start Guide

  A concise special report detailing the first steps every new member should take to hit the ground running.

Plus….

Exclusive Pricing for Gilder’s Technology Report Subscribers Only

The standard price for GTR PRO is $399.

But this offer is not going to standard customers.

It’s going to Gilder’s subscribers like you – people who already own the stocks, already know the portfolio, and are already positioned to start collecting Tech Checks immediately.

Join GTR PRO Today for Just $199

That’s more than 50% off the regular price – available exclusively to existing GTR PRO subscribers.

Consider this:

The COHR recommendation alone resulted in an $834 Tech Check for 100 shares owned.

That’s more than four times the annual subscription cost – from following just one Tech Check recommendation.

And there were many others:

Any one of these payments covers the $199 subscription – with hundreds of dollars remaining.

In other words: Collect just one Tech Check… and the subscription likely pays for itself.

As I already mentioned, in 2025 just nine of these single-contract Tech Checks, from owning just 100 shares, added up to $3,144 in extra income – an average of $349 per position.

And in 2024, there were 11 of the same Tech Checks for a total of $3,954 – an average of $359 for each 100 shares owned.

That’s a total of $7,098 in extra income in 24 months. Every Tech Check recommendation made money.

Let me repeat that.

Over the past two complete trading years, none of these recommendations has lost money.

Can you say that about anyone else?

Of course, it goes without saying that past performance is not indicative of future results.

Investing in stocks or options of any kind, and especially tech stocks, comes with risk.

But the great thing about Tech Check payments is that they often help reduce the risk of owning tech stocks.

That’s because the extra income helps offset any decline in share prices.

To a profitable future,

Roger Michalski
Publisher, Gilder’s Technology Report PRO

P.S. Tech Checks work because the portfolio of stocks from Gilder’s Technology Report is already in place. All that’s missing is the extra layer of profit-taking that turns those positions into a cash-generating machine – month after month, whether the market goes up, down, or sideways. For a limited time, access to that layer is just $199.