Capital Markets are Information Markets
New ways to source or construct information create alpha.
The information landscape is shifting rapidly, but few funds build their own software tools. The median number of software engineers at a fundamental investment fund is 0. Most fund managers rely on the same third-party research products - and those funds miss opportunities due to information overload. A window has opened for fundamental investors who can build software to find ideas that others are missing.
Lampa Capital was founded upon the recognition of this opportunity.
Our fund’s premise is that this generation’s top fundamental micro fund will (1) leverage their own research software and (2) analyze investor capital flows as diligently as company cash flows. This fund will combine thoughtful fundamental analysis with cutting edge research tools and will face reduced drawdowns due to their capital flow and macro awareness. We aim to be this fund.
What We Want for Our Clients and for Lampa
For our clients, we want to achieve long-term performance meaningfully superior to the major indexes and to be good partners.
For ourselves, we want to be exceptional. We’re passionate about the game, we’re in it for the long term, and we intend to constantly improve our investing playbook. Diligencing cash flows and capital flows + focusing on micro while staying macro aware + a lot of software augmentation is, as we see it, a winning formula.
As you can probably tell, we love investing, and we strive to be great investors over the long run.