Our trading strategies all have DNA from the optimal growth theory initially developed by Kelly (1956) and LatanĂ© (1959). As shown in Thorp (1971), the so-called Kelly strategies answer the fundamental question of how much leverage an investor should and can accept – a topic sorely missing in the celebrated mean-variance model of Markowitz (1952). 

While our trading strategies are proprietary knowledge, Hilbert Capital openly shares the fundamental research taking place within the firm.

Publications:

Kelly trading and market equilibrium

Kelly trading and option pricing

Leverage and risk relativity: how to beat an index