Louis Bachelier 1900, John von Neumann 1944, Claude Shannon 1948, Edward Thorp 1962, Benoît Mandelbrot 1963, Kiyoshi Itô 1944, Raphaël Douady 1986, Jim Simons 1988, Charles Tresser 1992, Andrew Lo 2004…
“I do not know what I may appear to the world, but to myself I seem to have been only like a boy playing on the seashore, and diverting myself in now and then finding a smoother pebble or a prettier shell than ordinary, whilst the great ocean of truth lay all undiscovered before me. If I have seen further it is by standing on the shoulders of giants”, Sir Isaac Newton
“We have three criteria: if it’s publicly traded, liquid, and amenable to modeling, we trade it”
James Harris Simons, co-author with Shiing-Shen Chern of “Characteristic forms and geometric invariants”, Chern-Simons theory, AND FOUNDER RENAISSANCE TECHNOLOGIES
Taleb Capital is Reviving the Art of the Greatest Traders in Our History
The global asset management industry has abandoned the only, ultimate and unobvious art of identifying opportunities – amongst all asset classes, derivatives, commodities, futures, cryptos – holding enormous pay-offs and sizable asymmetric upside potential. Wall Street and London City have all succumbed to passivity and hedge fund managers became vulgar asset allocators. At Taleb Capital we are inspired by the non-obviousness, boldness, creativity, hungriness, epistêmê (knowledge) and technê (craft) of giants such as Ibn Battuta, William Delbert Gann, Jesse Livermore, George Soros, Jim Simons, Paul Tudor Jones, Stanley Druckenmiller, Michael Steinhardt, Edward O. Thorp, John Paulson, Steven Cohen, Hanno The Navigator, Joseph Schumpeter and John Maynard Keynes
Heuristics Over Algorithms
We have crafted a robust foundation of 1.5 million lines of code in languages such as C, C++, Fortran, and Assembly. This extensive codebase incorporates advanced concepts from mathematics, physics, logic, and statistics, which are invaluable in real-world applications.
Our goal is to establish a “living, dynamic, and evolving organism” that prioritizes a heuristic approach rather than a purely algorithmic one. This means we focus on practical, experience-based strategies for trading, allowing for adaptability and responsiveness in a constantly changing environment. By leveraging heuristics, we can make more informed decisions that reflect the complexities of real-life scenarios.
moSaic theory approach
We focus on synthesizing various information sources to gain a market view. By gathering insights from financial reports, industry trends, expert opinions, and social media, we can identify opportunities that traditional analysis may miss. This method allows us to understand the context in which companies operate, enabling adaptability in response to changing market conditions. Ultimately, the Mosaic Theory supports our risk mitigation efforts and enhances our decision-making, helping us navigate the financial landscape effectively. How our 1,500,000 lines of codes absorbs all the qualitative outputs coming from our mosaic of insights.. this is a computational challenge we took decades to overcome.
BORN AND RAISED AS A PROPRIETARY TRADING FIRM
Taleb Capital was conceived in the early 2000s as a proprietary global trading platform built exclusively to serve a trader (mainly trading out-of-the-money options – and this is due to his own epistemological and probabilistic reasons) retired from Wall Street life. By the half of 2024, Taleb’s owner made a decision to open a fund (named Kippling) mainly to his fellows professional traders. As this soft opening of Taleb Capital’s happens, it was made necessary the creation of certain things (that were not necessary priorly) such as this corporate website. However, differently from conventional hedge funds, there’s no “who we are – management team” here and this is because shareholders of Kippling fund are people who knows Taleb Capital’s management (trading) style and its long journey in the financial markets.