About Global Macro..

Global Macro is a style of investment and asset management, whereby managers have the flexibility to invest in any asset class (commodities, stock, bonds, real estate, forex, etc.), in any market in the world (US, Canada, China, Australia, Nigeria, etc.), using any financial instrument (options, futures, swaps, etc.).

My affinity for the Global Macro style of investing stems from, first and foremost, the inherent competitive advantage. By having the flexibility to invest in anything, anywhere in the world, managers can make uncorrelated investments and diversify their risk very quickly, even if they only have a few concentrated investments. Many famous hedge fund managers, from George Soros to Bruce Kovner, Paul Tudor Jones, Julian Robertson, and Louis Bacon are/were global macro managers.

By making uncorrelated bets, risk drops dramatically, increasing your return/risk and sharpe ratios. Quite simply, from my research, many global macro investors achieve outsized returns with amazingly less risk. Whereas other funds' investments may be heavily concentrated in one market or asset class, Global Macro's investments are more diversified but that diversification does not translate into mediocre performance as one might expect, mostly due to the heavy directional bets these managers make in their varied markets.

I also love Global Macro because of the challenge of learning new markets and methods of investing. I love stretching my mind past the confines of the US markets and learning how other foreign markets function, as well as other financial markets.