1NOW
1NOW

About Us

About

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VISION

We seek to make markets efficient.  Trading actively, we make markets for all participants.  

EX POST FACTO VS EX ANTE

We believe that people’s mercurial emotions drive market economics, wildly transcending the physics of the assets being exchanged.

We believe that fundamental analysis falsely assumes that the causes of market movements can be knowable and known in advance.  

We believe that technical analysis amounts to astrology and cannot be the foundation of a risk-management system.  

UNORTHODOX

Unlike Louis Bachellier’s Random Walk hypothesis, we believe that price changes are not independent of each other.

Unlike William Sharpe, we believe that efficient portfolios cannot result from measuring risk with Gaussian distributions. 

Unlike Fisher Black & Myron Scholes, we believe that optimal option pricing cannot result from measuring volatility with Gaussian distributions. 

AI PROFIT

In order to profit from these core beliefs, we will build portfolios driven by artificial intelligence that participate in every inefficient market.  Our goal is to generate positive returns, while minimizing risk by employing market hedging strategies, taking both long and short positions.  Our investment process is fully automated.  Presiding over all investment decisions is a rigorous management discipline focused on taking intentional and defined risk at the position, position, and industry level.