Mission Statement:
Our mission is to democratize the tools of hedge fund managers for everyone. We aim to empower every investor with the insights previously reserved for the elite.
History:
Established in 2017 by Sebastian Purcell, PhD and Elyse Purcell, PhD, the two professors collaborated to bring the successful investing practices they had used to the broader public.
Our journey has been one of commitment, innovation, and unwavering dedication to leveling the playing field in the world of trading.
Dr. Sebastian Purcell
Dr. Elyse Purcell
Why "1.2"?
The British economist John Maynard Keynes famously likened the art of selecting stocks to a unique type of beauty contest prevalent in the 1930s...
In this contest, a newspaper would publish 100 photographs of faces, and the participants had to choose the 6 faces they thought would be selected as the most beautiful by the majority.
In such competitions, the actual beauty of a face is less important than the perceived beauty by others. This concept mirrors the process of selecting stocks or cryptocurrencies, where the key factor is the potential for growth as perceived by the market.
Participants with no defined strategy might be termed as Level 0 players. Those at Level 1 adjust their strategies based on the actions of Level 0 players, while Level 2 players try to outguess the Level 1 players, and so on.
Financial researchers have explored whether there exists an optimal combination of these strategies through simulations. Their findings indicate that a hybrid strategy, approximately at Level 1.2, is most effective.
This is the approach we strive to employ, aiming for an optimal level of sophistication in investment strategies suitable for evolving markets.
Our Legacy:
1.2 Labs forms the educational arm of 1.2 Capital Management, which is an alternative asset focused hedge fund, and Alpha Zero Wealth Management, which is a registered investment advisory firm.
Collaboration among the firms allows the broadest possible educational reach to achieve the mission of the firm.
Achievements:
Dr. Sebastian Purcell's dedication to financial education and empowerment is evident in his remarkable achievements.
With over 41 million views across various social media platforms for his educational materials on trading, he has become a beacon of knowledge.
His insights and expertise have been featured in esteemed publications including Time Magazine, Business Insider, and Finbold.
Furthermore, he has been invited to share his knowledge at over 100 talks, presenting at Princeton University, Columbia University, and McGill University among many others.
Values:
At the heart of 1.2 Labs are the principles of Integrity, Precision, and Democratization.
We believe in not just offering data but in providing a gateway to success for every trader and investor.
Unique Selling Proposition:
Our offerings are not mere tools; they are the embodiment of our vision.
With data for strategies that have consistently surged beyond their benchmarks, we are perhaps the only shop delivering the tools of a literal hedge fund to retail investors.