“When you have a great passion for something, everything is clear – where to go, what to do
it all takes care of itself, and one doesn’t have to rely only on fate.”

Why Establish Qtron?

Qtron Investments is an investor-driven organization.

Our business is our people. Their passion, creativity, and humility are the keys to pursuing sustainable outperformance.


Conducting creative research is our passion; it is not a job.

We love what we do and we believe passion is necessary to propel creative investment research. With passion, we may always find a new way to beat the market. With passion, when we encounter difficulties on the way, we keep looking.Read More

“Only the heart knows how to find what is precious.”

– Fyodor Dostoevsky

Investment research

Without passion, conducting research is merely a job — something one spends time on, completes, and moves on. It is laborious and time consuming. With passion, conducting research is equivalent to self-identity. It is fun. It is exciting to see trends only a few have ever seen. It is satisfying to make the complex simple. It is remarkable to understand the inner workings of equity markets and their ecosystems. And yes, it is thrilling to outsmart other researchers in the race to find arbitrage opportunities.

At Qtron, passion drives our researchers to trail blaze to new discoveries and the next frontier.


Creativity is deeply instilled in our research process.

Steve Jobs once said, “Creativity is just connecting things.” We agree. We constantly look to connect seemingly unrelated concepts. Our goals are to understand phenomena only few notice and to foretell what is coming.Read More

“Dozens of people can talk for one who can think; and hundreds can think for one who can discover.”

Creative Conjectures

Similar to mathematics, individual core concepts may seem simple or obvious; yet when multiple concepts are combined, the result is usually complex and unintuitive at first glance. Where can researchers find inspirations for creative conjectures? Questioning commonly accepted assumptions is a good starting point.

At Qtron, we believe a combination of passion and creativity is the recipe for great investment research.


Aim high, feel small in the scheme of the Market.

Stock market often defies the industry’s received wisdom and teaches truly humbling lessons, sometimes with brutality. While our passion and creativity help to continually expand boundaries between the known and the unknown, it is the unknown that threatens our survival and impels us to stay humble.Read More

“Pride leads to disgrace, but with humility comes wisdom.”

– Proverbs 11:2


Overconfidence is a great threat to success. Daniel Kahneman states “We’re generally overconfident in our opinions and our impressions and judgments.” Investment managers operate with models — extreme simplifications of the True Market Hand, and often put excessive confidence in their creations. Yet models create only a deceptive perception of safety, since they can fail at times when we need them the most. The quant crisis in 2007, for example, is a good illustration of that.

At Qtron, we adapt and evolve our models, yet we stay disciplined in investments. We admit our knowledge of true market forces and human behavior is similar to a sand grain in the ocean of life.

Principle of Survival

As if we were ten feet underwater struggling for air, we use all our might to survive and to live another day. Our cardinal principles of survival are to be humble, to concede our mistakes, and to accept our failures. The giddy heights of success are often the greatest threat to the success itself. The phrase ‘We are Number One’ is not too distant from ‘We are Numb’.

At Qtron, we are humbled students of the Market. We realize that success is ephemeral: a winning strategy in the past can be a losing one in the future. Andy Grove once said, “Success breeds complacency. Complacency breeds failure. Only the paranoid survive.” We agree.