By Invitation · Cohort I
Every strategy you
believe in — running
in parallel.
Warren gives your fund a league of AI investment teams, each running a different strategy with its own roster of investor personas. Long-only and market-neutral client teams are live today — on an engine built to run long, short, and hedged books. You allocate to what's winning, with the evidence in front of you.
+15pts
Client teams vs S&P · 6M
+9.6%
Market-neutral · β ≈ 0 · 6M
$3.2B
AUM in cohort
Your League · Trailing 6M
LIVE
#
Team
Return
30D
01
Long-Only · A
Quality compounders · 22 names
+22.4%
02
Long/Short · B
Your Mandate · 18 names
+17.8%
03
Global Macro · C
Cross-asset · Discretionary
+13.2%
04
Market Neutral · D
Pair trades · Beta ≈ 0 · New
+9.6%
05
Event-Driven · E
Merger arb · Special sits
−2.1%
Emerging Consensus
4 of 5 · Long NVDA
4 of 5 · Short TLT
The Proof
The Strategies
Persona Teams
The Work
01 · The Proof
Live client teams.
Six months. Measured.
Six months. Measured.
Client teams are beating the S&P
by up to 15 points in six months.
Long-Only · A vs S&P 500 · 6M
CUMULATIVE RETURN · NET OF MODEL FEES · LIVE, NOT BACKTEST
LONG-ONLY · A
S&P 500
OTHER CLIENT TEAMS
6M net return
+22.4%
Alpha vs S&P 500
+15.0pts
Sharpe · 6M
2.1
Live client performance
Across our client cohort, teams are outperforming the S&P 500 by up to 15 percentage points over six months — roughly 3× the index's +7.4% (a 200% relative outperformance). Where teams converge is conviction; where they split is a trade. Both are alpha.
The Harder Proof · Market-Neutral
The live market-neutral team returned +9.6% over the same six months at β ≈ 0 — near-zero correlation to the index, so no bull market to thank. That's the number to stress-test us on.
BEST-PERFORMING CLIENT TEAM, FEB–AUG 2026, NET OF MODEL FEES. RANGE ACROSS LEAGUE: +22.4% TO −4.9%. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
See the cohort terms →
The Proof
The Strategies
Persona Teams
The Work
02 · The Strategies
Six mandates.
One scoreboard.
One scoreboard.
Six strategies, run side by side.
One scoreboard keeps every claim honest.
Every fund believes in more strategies than it can staff. Warren runs them all at once — and lets the results argue.
#01 · LEADER
+22.4%
Long-Only · A
Quality compounders · 22 names · 100% net
#02 · YOUR TEAM
+17.8%
Long/Short · B
Your Mandate · 18 names · Net 60%
#03
+13.2%
Global Macro · C
Cross-asset · Discretionary
#04 · NEW
+9.6%
Market Neutral · D
Pair trades · Beta ≈ 0
#05
−2.1%
Event-Driven · E
Merger arb · Special sits
#06
−4.9%
Deep Contrarian · F
Short book · Value traps
Mandates · Live Today
We run long-only and market-neutral client teams today — the market-neutral books pair longs against shorts to hold beta near zero. The engine underneath runs long, short, and hedged mandates natively. If you can write the mandate, a league can run it.
Each team has its own mandate, risk limits, and internal research process. They all see the same universe — they arrive at different answers. That's the point.
The Proof
The Strategies
Persona Teams
The Work
Build your dream team.
Then let it go to work.
Every team has four seats. One is always your twin — calibrated on your process, your memos, your taste. The rest you draft from the persona roster we've built: investor archetypes modelled on published reasoning, letters, and track records, each with a distinct process that holds up under cross-examination. Put Druckenmiller on macro. Einhorn on your shorts. Marks on risk. Then run a different bench on every strategy.
Long/Short · B — Your Team
ACTIVE
You · PM
Y
Your Twin
Your Process
Carries the final call. Calibrated on 4 years of your memos and trades. Votes like you would.
Macro Lead
D
Druckenmiller
Top-down · Liquidity
Reads regime. Flags when liquidity is turning before the tape does. Overrides position sizing in late cycle.
Growth Analyst
Li
Lynch
Earnings compounders
Hunts 10-baggers in plain sight. Bias for businesses you could explain to a teenager.
Risk · Counter-Voice
Ma
Marks
Cycles · Second-order
Writes the memo you don't want to read. Every thesis has to survive him before it sizes up.
The Proof
The Strategies
Persona Teams
The Work
04 · The Work
One overnight run.
Five stages.
One memo.
Five stages.
One memo.
You wake up to this memo.
Long-Only · A ran a thesis overnight — "AI inference is moving to the edge." Fourteen names screened, three shortlisted, one survived the debate. The memo on the right is what you read with your coffee.
I
Framing
Druckenmiller opens: hyperscaler capex peak pulls forward edge-inference demand. ASICs over GPUs by '27.
II
Screen
Lynch screens for pure-play edge silicon with pricing power. 14 names surfaced.
III
Diligence
Filings, transcripts, supply-chain data. HIMX CRDO AMBA clear the bar. 3 shortlisted.
IV
Challenge
Marks kills HIMX on single-customer risk. Your Twin breaks the tie on CRDO. 1 pick.
V
Memo
Written in your house style, signed by the team, on your desk at 06:00.
Team Memo · Long-Only · A
06:00 GMT · Signed & Logged
Long CRDO — initiate at 2.0%
Thesis
AI inference is moving to the edge. Power and latency economics favour ASICs by '27; CRDO is the cleanest pure-play that survived diligence.
Scenarios
Base +38% · Bear −12% · Bull +85% · 18-month horizon
Catalyst
Q3 print — edge design wins and the gross-margin guide
Invalidation
Exit if edge-inference TAM revisions stall by Q2 '27. Logged as a standing commitment the team must answer to.
Dissent
Marks, on record: customer-concentration risk killed the HIMX alternative. Vote carried 3–1 — your twin cast the deciding vote.
Who holds the wheel
Teams propose. You allocate. Nothing touches your capital until you say so — and every number above is logged against the source that produced it.
COHORT I · CLOSING
Five funds.
One cohort.
We onboard five funds per cohort. Each gets a league calibrated to its mandates — directional and market-neutral — a twin built on its own process, and direct access to the build team. Two seats remain.
01 · WEEKS 1–4
Calibrate
We build your twin from your memos, letters, and trade history — and set each team's mandate with you.
02 · FROM WEEK 5
Run on paper
Your league goes live on paper mandates. Real research, real debates, real memos — no capital at risk.
03 · WHEN CONVINCED
Allocate
Follow a team, mirror a book, or just take the morning memos. You move only when the scoreboard earns it.
I
II
III
IV
V
Full audit trail — every memo signed & logged · Mandate guardrails on every team · Your data isolated, never training another fund's twin