Below you will see a copy of the note we sent out after the FTX collapse in Nov 2022 — we were highly fortunate to not be materially impacted by this situation. It has been a challenging year for crypto along with basically all risk assets and while we hold true to our root beliefs, our recent focus has been to expand the firm into other areas / asset classes / strategies. Our thesis and conviction around crypto applications in today’s global economy remain steadfast — particularly around use cases to support individuals within freedom infringing regimes and revolving around new trustless technological solutions. Further, we respect crypto’s role within a portfolio — as it is nearly an ideal diversifier as long as the assets are chosen well, managed appropriately, and held for the long term.

A thesis we wrote in combination with our research partner New Atlantis Research In this piece we highlight a company that we believe might be the most egregious #ESG violator in US Markets — however, they have swept most of the dirt under the rug and have convinced institutional investors…

In commemoration of the current resurgence of one of our favorite assets, please see the links below which are a couple of short, sweet, and concise notes our founder and CIO penned back in 2014–2015 Should you invest in Bitcoin (from May, 2014) Investment Research & Analysis As the central banks of the world continue to push forward with QE infinity, there is finally a way to avoid…blogs.ubc.ca Bitcoin Economics [for the layman] (from Feb…

Published October 1st, 2020 Equity markets have bounced back with tremendous force since the March lows, catching many managers off guard The USD continues to fall against other currencies — international equities and real assets have historically outperformed during times of USD depreciation As we prepare for a climactic and volatile close to a wild year, can the fed come to the rescue again? We have a new frontier market international equity pick we have deemed “election proof”

Published in July, 2020

Published to newsletter subscribers on March 20th, 2020 STRATEGY HIGHLIGHTS and a TRADE ALERT Markets have sold off at a large scale on the back of the Coronavirus Pandemic. Many of us were able to see this coming months in advance, noticing how the events in Wuhan would inevitably spread across the globe. Fortunately, we fell…

Originally published and sent out to newsletter subscribers on October 24th, 2019. Sign up for more info at otium.tech

Dear Friends and Colleagues: We are excited to report “top of class” Multi-Strategy Hedge Fund results for 1H 2019. Our view of global multi-asset markets proved to be prescient through the first half of the year and we successfully capitalized on the theses discussed in Q1 2019 (Blog, Newsletter). …

While this title may offend some, it is not meant to do so and I will clear the air by declaring myself as politically neutral. Populism has swept over the globe in the past few years, and one effect of this may be heightened levels of “cronyism”. …