Publications
Investor Explainer
Alpha and beta are two of the most cited terms in investment management. Here is what they actually mean — and why the distinction matters for how the GNH Fund is managed.
Methodology & Research
The term 'quantitative research' suggests complexity and opacity. In practice, it is a discipline defined by testability, honesty about limits, and a direct connection between research and portfolio decisions.
Risk & Discipline
Volatility is one of the most used and most misunderstood concepts in finance. Here is how we think about it — and why treating it as the enemy leads to worse portfolios.
Methodology & Research
There is a lot of noise around the term 'systematic investing.' In practice, it means something specific — and different from what most people assume.
Methodology & Research
Every statistical estimate built from historical returns contains both real information and noise. Here is how we separate the two — and why it matters for the portfolios investors hold.
Risk & Discipline
Concentrated bets feel decisive. Diversified positions compound. How position-level bounds between 0.2% and 3.0% protect the GNH Fund across market regimes.