Vol. 1Q2026 – Newsletter
War, Goals & Alpha – Reading the Game When Everyone’s Watching the Scoreboard
- Forty-five days of conflict. A hundred headlines a day and a million truce reversals so far… who‘s counting?😊While markets were glued to war headlines, we shifted our lens away from the noise and toward signals others weren’t watching.
- Kamet leaned into equities through the panic, held our nerve through March’s volatility, and challenged the rush into gold at its peak. Sir John Templeton’s “Never sell on war news” comes to mind, again. Across every major conflict episode in the last 50 years, panic has tended to mark opportunity, not exit points. Also, markets may be shaky, but our conviction on China and Hong Kong remains intact.
- The Kamet World Cup Model: Nearly a century of data suggests the group stage may reveal more about the eventual champion than most expect. The parallel with investing? Alpha often shows up early before the crowd catches on.
As always, eyes on the data, not the noise. See you inside ⚽
We hope you will enjoy this read. Please reach out if you would like to discuss our funds further.
