FlightDeck is our live operating environment, the same system we use every trading day to monitor markets, weigh risk, and review the portfolios. Rather than building simplified demonstrations for visitors, we have opened much of our working environment so you can see how we think.
What you are looking at
- FlightDeck has two operating areas: AC Monitors track our Alpha Convergence long only equity strategies, and LC Monitors track our market-neutral strategies.
- Together they give a near real-time view of performance, market structure, and risk conditions.
- Some displays update through the trading day; others after the close.
- Our proprietary PB/AO architecture gives each panel a specific analytic view of a stock or portfolio; density here is intentional depth, not clutter.
- The team and a strategy summary live in the Ready Room. The full systematic ruleset is the CONOPS: The AC Operational Manual.
- Hover the dotted terms for a definition, and tap the ? markers for a fuller help panel.
How we decide
We start with the market, then the portfolio. Before deciding what to own, we work through four questions:
- What kind of market are we in?
- Is stock selection likely to matter today?
- Which risks are driving returns?
- Does the evidence support a change?
The instruments on FlightDeck are built to answer them. The PB/AO tag in the header answers the first two.
That PB/AO tag in the top bar
Every trading day is classified Pure Beta (PB) or Alpha Opportunity (AO):
- Pure Beta: some days are dominated by broad market moves, and even strong stock selection gets overwhelmed by index-level forces.
- Alpha Opportunity: on calmer, more differentiated markets, individual selection has more room to influence results.
- The tag in the header shows today's classification, current volatility, and the recent mix of conditions.
- It is not a prediction. It marks when stock selection can be measured.
Fees and the bad news
Performance here is shown as it is, not as a marketing presentation:
- Gross and net returns sit side by side. Net is shown at our highest advisory fee, the most conservative case.
- Current drawdowns, daily win rates, and historical performance are all visible, pinned to the live period rather than smoothed across history.
- The ugly stretches stay up alongside the good ones.
What you can actually do here
Several of the instruments are fully interactive. Try them.
- Sector Rotation: a live, glanceable map of which sectors are leading or lagging, measured against the average stock rather than the index. The lightest place to start. Open the live map.
- Daily Weather: the live read on the current market environment. The full card is the Weather System.
- Alpha Decomposition: separates stock-selection contribution from market direction and common style tilts.
- Scenario Replay: run any US-listed ticker through major historical stress periods to see how it would have behaved.
- Forecast: a range of forward paths for the existing portfolios, based on today's conditions.
- These are the tools we run internally. Use them.