Portman Square Capital Insights
"Markets change, technology changes, statistical techniques change, but the scientific method does not. Without strict adherence to the latter, a quantitative investment strategy is merely exposing itself to luck. I have delivered this exact message to some of the largest investors in the world and to individuals of humble means saving for retirement. I take great pride in both cases. Luck should not be a factor one is exposed to."
- Jaipal Tuttle, Portman Square Capital
THE BELOW IS FOR INFORMATION PURPOSES ONLY AND SHOULD NOT BE VIEWED OR TREATED AS INVESTMENT ADVICE, AN INVESTMENT RECOMMENDATION OR RESEARCH
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Our Priority
Our priority is to build deep and longstanding relationships with our investors - which involves sharing insight and information on the markets we specialise in.
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The Daunting Task of Realizing Profits with a Tail Product
This workbook explores the consequences of randomly entering and exiting trades in PSC, VXX, SPY, HYG, and TLT. We demonstrate that luck and market timing are the only way to make money with VXX, or by proxy, any simple tail hedge product.
Dispersion Performance During Extreme Value Factor Rotation
The extreme rotation into the value factor occurring in January 2022, validates the hypothesis of a dispersion strategy performing well in periods of factor rotation.
Further Insights Examples
Hidden short gamma in Risk Parity, Portfolio Insurance 2.0 Validating the hypothesis of a dispersion strategy performing well in periods of factor rotation
How stable is the correlation between Stocks and Bonds? A look into the correlation fluctuations between SPY and TLT
An exploration of Dispersion’s Velocity - Dispersion’s Returns vs. Market Variables
We Like to Share
If you share our curiosity for nuances and opportunities within volatility, please contact us to request access to our insight documents.