Intelligent Risk Taking

Fixed income, global macro and crypto FX

MORE INFO

Systematic forecasts

The essenceĀ of finance is time travel. Saving isĀ about moving resources from the present into the future; financing is about moving resources from the future back into the present. Stock prices reflect cash flows into an infinite future; a long-term interest rate contains within it predictions about a whole series of future short-term interest rates. Markets are constantly predicting future actions, and as those actions move closer in time, the predictions become more solid and precise.