ZHANG

Markets are not machines—they are ecosystems of human behavior, shaped by fear, greed, and the persistent belief that this time is different. For twenty years, I have watched cycles repeat with mathematical precision, yet each generation convinces itself it has discovered something new.

Our advantage lies not in speed or complexity, but in patience and perspective. We understand that true alpha emerges from the willingness to be uncomfortable when others are certain, and certain when others are paralyzed by doubt. History doesn't repeat, but it rhymes—and we listen carefully to its verses.

— Tom Zhang