Our Research
2016 Year In Review
RQSI 2016 Year In Review Our annual Year In Review includes a Letter from the Manager (Mr. Ramsey), which blends several components, including a look back on our year, personal insights, market analysis and a [...]
The Goal of Asset Management: Objectives, Instruments & Misconceptions
First in a series of RQSI investment commentaries on asset allocation Over the last few years, the world has suffered a banking crisis; a violent collapse in housing, equity, and commodity markets; and the [...]
Portfolio Construction: Volatility & Correlation
Second in a series of RQSI investment commentaries on asset allocation In our previous paper, we discussed the advantages of investing in a straightforward, diversified portfolio of equities, Treasury bonds, and commodities. We achieved this [...]
Portfolio Construction: Volatility & Correlation part 2
Third in a series of RQSI investment commentaries on asset allocation On the popular television program “Mad Money,” Jim Cramer, a former hedge fund manager and talking head, features a segment each Wednesday called “Am [...]
Intelligent Market Timing
Fourth in a series of RQSI investment commentaries on asset allocation In previous white papers, we have discussed ways to intelligently capture market betas by constructing a diversified basket of assets, never relying exclusively on [...]
Bringing it all together
Last in a series of RQSI investment commentaries on asset allocation How should investors allocate their capital in an uncertain world? What approach to asset allocation makes the most sense, given markets [...]
Bonds, Interest Rate Regimes & Trading Strategies
Bonds, Interest Rate Regimes & Trading Strategies The past 30 years have been an ideal environment for bond investors in developed countries, as interest rates have been in a secular downtrend (generating steady capital appreciation [...]
A Better Way to Capture Macro Economic Trends
A Better Way to Capture Macro Economic Trends There are many papers written on the randomness of price series and the lack of serial correlation in asset prices. We will not debate the obvious [...]
2015 Year In Review
Dear Friends, Looking back on 2015, it seems like we just lived two different years. The first half was the year of perfection. It was as if the markets were designed to fit our models. [...]
Small Cap Dividends Are Not Created Equal
SmallCap Dividends Are Not Created Equal Conventional wisdom has long held that dividends are a key tenet of investing. Benjamin Graham, himself, was unwavering in his view that a company’s record of paying a dividend [...]