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Synthesis Of ALL The Research + Special Announcement
This will be an important article! I am going over two things:
A Complete Synthesis Of All The Research
I started this Substack (and connected Twitter Account) a couple of months ago with a simple idea:
In the information age, you simply need to be at the right place, at the right time, with the right information to succeed
We now live in a world where capital and technology can leverage an idea almost to infinity. In this type of environment, the quality of your thinking becomes the most important thing.
I have been very intentional in setting a foundation for this kind of thinking. I laid out a series of educational articles on how to think about markets, wrote multiple macro reports analyzing the macro regime, and shared several trades executing on this information.
Over the years, I have developed the skillset to consume vast amounts of information, synthesize and interpret it correctly, and then execute on it in real-time. I have worked incredibly hard developing this skill, and I want to share both the conclusions I come to as well as the process by which I obtain those conclusions. In other words, the entire educational and practitioner process I employ in financial markets and all of life.
With this goal in mind, I am pleased to announce that I will be transitioning this Substack to a paid version. Many people have already pledged to become paid subscribers because they recognize the quality of my work, and I am going to curate even more high-quality publications for you. There will still be free articles occasionally, but the majority of the analysis and new research will be reserved for paid subscribers. We are only just beginning!
The Path Forward:
I am going to lay out a path forward for this Substack:
First, I will never waste your time and will only share the most high-quality information and alpha.
Second, there are plenty of other subscriptions covering news headlines and noise. That is not my goal. I view myself as an intellectual athlete who operates at the highest level of competitiveness. I am sharing this entire process with you.
Third, I have been very intentional about providing educational resources and clear explanations of complex ideas. I have had individuals who are brand new to markets and those who have been in the industry for decades reach out to tell me they have benefited immensely from my work. This is exactly what I want! My goal is to strike a balance between simplicity for newcomers and valuable information for seasoned experts.
Fourth, my long-term goal is to have research and discretionary alpha processes up and running for every country and market in the world. This will require a lot of work, but I am going to put in the time and share it with you.
Fifth, as I have stated repeatedly in my publications, the principles and processes I am explaining here pertain to how all of life works, not just markets. The array of people subscribed to this Substack is incredibly diverse. This isn’t meant to only be for people who want to excel in markets; it is meant for people who want to be exceptional at life.
How I Think About The Structure:
I have already laid out the structure of the articles in the “About” section. Here they are again:
“The Research HUB”: These articles are on books, academic papers, or strategy development. The focus is on education.
“Week Ahead Strategy”: These articles will be brief thoughts on how the week ahead is likely to play out.
“Macro Report/Insights”: These articles will be macro research focused on the current cyclical dynamics or insights into what is likely to occur.
“Trades”: These articles will purely be various trades I am running.
“Brainstorms”: These articles will be various thoughts connecting things together and a catch-all category.
I laid out in depth the different “buckets” I use to organize my thinking in the very first article (link). Here are the main ideas, which connect to how the articles above are structured:
“My specific skillset is as follows: I think about what I do under three major ideas
Innovate: I am in a constant process of researching the ever-changing structure and flows in the economy/market to identify durable ways to make money.
Systematize: I then systematize these ideas so that there is a testable framework for confirming or disconfirming the validity of an idea. Ideally, this system then functions as a continual source of insights that requires minimal maintenance.
Run: I then run the system/strategy or use it in order to generate returns in the market.
This entire process of innovating, systematizing, and running is very iterative. As you run a system, you usually identify additional problems or needs that require you to go back to the innovating process to find a solution.”
Here's the deal: I am always going to be upfront and honest with you in everything I do. My plan is to eventually set up a real money account so that you can see how the entire process of asset allocation, managing beta, and alpha generation works.
At the end of the day, if you become a subscriber, you are making a trade. I truly believe that if you are long on the Capital Flows Substack as a subscriber, it will be one of the best trades you ever make. In turn, this enables me to further invest in my own resources so that I can share increasingly superior information with you.
If you are new, the next section is a complete synthesis of all the research and Twitter threads that I have done so far. The people who have been following me know the quality of my research and work ethic. I know we are in this together! The best is yet to come, and the sharing of alpha WILL NOT STOP!
Complete Synthesis Of All The Research
How To Think About Markets, Trading, and Wealth Management: Link
Research Drop: Link
Country Analysis: Link
Economic Data: Link
Model For Markets: Link
Positioning and Microstructure: Link
Redundancy Planning: Link
Risk Management: Link
Ask Me Anything (AMA): Link
Beliefs and Stewarding Wealth: Link
Passive and 0dte:
Holy Grail and Performance:
Goldman Sachs CEO Video:
Nick Roditi Book Section:
The final Tweet I will share is my pinned Tweet:
From the pinned Tweet: “You wasted $150,000 on an education you coulda got for $1.50 in late fees at the public library.”
I will finish with a personal anecdote. I chose the Good Will Hunting quote and the picture above because it reflects my journey in the markets. My greatest asset has been my ability to learn at an unparalleled speed and adapt on the fly to any scenario I face. This is not a skill I was born with or had any natural predisposition towards. If anything, my past stacked the deck against me being this type of person. I have witnessed the power of being an autodidactic risk-taker, and it’s incredibly rewarding. I look forward to interacting with those of you who share the same beliefs and drive.
As always, you can DM me on Twitter or email me at email@example.com. Please feel free to just reach out and introduce yourself.
Thanks for reading!