A once in a lifetime adventure in capital markets
Sail is a venture founded in 2018 with the goal of raising capital in advance of imminent market turbulance, then to apply that capital through the lens of classic value investing supercharged by technology. We aim to leverage eight years of direct trading and investing experience with fifteen years of computer science experience, guided by the immortal wisdom of investors like Benjamin Graham and Warren Buffett towards the ultimate goal of riding the next great recovery wave in financial markets. We are quantitative traders, computer programmers and lifelong lovers and students of financial markets.
The goal at Sail, unlike at hedge funds, is to capitalize on a very specific phase in the market cycle. While hedge funds are incentivized by their fee structures and unrealistic investor expectations, Sail has a destination in mind. What is meant by this? Generally, funds aim to capture and maintain alpha indefinitely. The folly in this is that markets and their paradigms are constantly changing. A strategy that works well in a bull market will likely lose money in a bear market, and vice versa. A short term or high frequencey trading strategy will work for a while until the trade becomes too crowded or another firm with more capital and more resources finds a way to capitlize on short term market innefficiences faster.
We seek to raise capital for this venture outside of the typical hedge fund structure. While we intend to charge a small annual maintenance fee based on AUM as well as reap a percentage of the profits at the end of the venture, our goal is not to build a machine to endlesssly siphon off of our clients' capital (i.e a hedge fund), but rather to execute on our strategy with focus once and only once the right market climate arises. The market rally that will ensue (as it always does) after a major correction is the metaphorical wind that will lift our sails. Once the journey is done we intend to reward our investors with all of their capital plus their profits (which we hope will be many times in excess of 100% of capital invested).