It would not be accurate to classify CARTESIUS CAPITAL under the traditional definition of a “quant” manager, at least in the commonly used sense within the Brazilian financial market.
It would be like defining a hospital, a transport company, a technology company, or any other business as “quant” simply for using a “tool” such as artificial intelligence to generate information used in the decision-making process.
Therefore, it would be superficial.
CARTESIUS CAPITAL’s business model was inspired by foreign companies that place high-quality applied research at the core of their operations. It is a more difficult and costly path, but one that is more fruitful.
In the specific case of CARTESIUS CAPITAL—since we cannot speak for the internal workings of other managers—our business model is based on specific knowledge that is trainable and transferable between individuals, enabling the scalability of operations for the continuous identification of investment opportunities.
Since it is based on science, and not on empirical or qualitative opinions, we seek rational explanations for the construction of our models and their performance, even if they may sometimes fall short of expectations. It is characterized, therefore, by the identification, quantification, and management of the risks involved in the process.
In a certain way, it can be said that we possess characteristics commonly found in “quant” management, such as the use of data, algorithms, and quantitative models. However, in our case, the human interference present in situational analysis, which is necessary to contextualize scenarios, brings us closer, in certain aspects, to discretionary management.
CARTESIUS CAPITAL is, therefore, an evolutionary innovation. A manager that knows how to reconcile high-quality applied research with the best characteristics of each type of management, using intensive predictive artificial intelligence and situational analysis in the management of multimarket funds.