Figaro
In Part 4 of the Three-Body Alpha series, we explore how narrative may shape the tendencies of certain trend-following strategies - and how investors …
Category: Three-Body Alpha
It Was You, Charley
Part 3 of the Three-Body Alpha series, written for anyone puzzled by value's underperformance over the past NINE YEARS. Systematic value still works i…
The Many Moods of Macro
Part 2 of the multi-part Three-Body Alpha series, introduced in Rusty's recent Investing with Icarus note. The Series seeks to explore how the increas…
Investing with Icarus
The allure of a fundamental truth is powerful. Investors are hungry for that kind of clarity about markets, but it doesn’t exist. In the first in a …
The Three-Body Portfolio
In a two-body market, the interactions of fundamental data and prices are generally predictable. In a three-body market, the epsilon — investor beha…