Philosophy

Successful investing is about having the creativity to generate trading ideas, the scientific mindset to attempt to disprove them and finally the courage and discipline to execute them.

We firmly believe that there are exploitable inefficiencies in global financial markets. Our mission is to find them.

Good investment ideas are the result of a delicate mix of experience and creativity. Solid day-to-day practical experience of trading sharpens the senses in a way that a purely academic approach cannot achieve. Therefore, all key employees participate actively in the financial markets.

The investment ideas generated by us are exposed to the utmost scrutiny using a proprietary framework for evaluating investment strategies. A new investment strategy is only ever implemented on a larger scale after a sufficiently long period of real-time trading test phase - with real money.

At every stage of the development, we are acutely aware of the dangers that stem from the fact that we do not possess all the relevant facts about the market. On the contrary, we are aware that there are "unknown unknowns". This is a cornerstone of our philosophy and explains the success of our investment strategies.