The Library

Every strategy.
Every legend.

A plain-English encyclopedia of the real trading styles behind the critters — and the famous investors who inspired our hall-of-fame Legends. Learn how each one actually works, then play it in Conviction League.

How the pros play

Trading strategies

The playbook behind every critter — momentum, value, global macro and more.

16 styles
Momentum
Momentum

Buy what's already going up and ride the trend until it fades.

medium risk
Trend-Following / CTA
Momentum

Systematically ride price trends across many markets, long or short, using futures.

medium risk
Mean-Reversion
Mean Reversion

Bet that prices stretched far from their average snap back toward it.

medium risk
Value Investing
Factor

Buy assets trading below your estimate of their intrinsic worth, and wait.

medium risk
Growth Investing
Momentum

Pay up for companies expanding revenue and earnings faster than the market.

high risk
Quality Investing
Income

Own durable, profitable, well-run 'compounder' businesses and hold for the long haul.

low risk
Dividend / Income Investing
Income

Build a portfolio of steady cash-paying assets to live off the income stream.

low risk
Factor Investing
Factor

Tilt a diversified portfolio toward proven return drivers like value, size, and momentum.

medium risk
Global Macro
Sector

Trade big-picture bets on economies, rates, and currencies across the whole world.

medium risk
Risk Parity
Index

Balance a portfolio by risk contribution, not dollars, so no asset dominates.

low risk
Pairs / Statistical Arbitrage
Mean Reversion

Go long one asset and short a related one, profiting when their spread reverts.

high risk
Options Income / Covered Calls
Options

Sell options against holdings to collect premium as a recurring income stream.

medium risk
Volatility Trading
Volatility

Trade the size of market swings itself, betting volatility will rise or fall.

high risk
Event-Driven / Merger Arbitrage
Hedge

Profit from corporate events like takeovers by capturing predictable price spreads.

medium risk
Index / Passive Investing
Index

Own the whole market cheaply and let it compound, instead of trying to beat it.

low risk
Sector Rotation
Sector

Shift capital between industries to match the economic and market cycle.

medium risk
Hall of fame

Legend traders

Collectible critters drawn in the spirit of investing greats — educational homage, never a portrait or endorsement.

20 legends
🐢
Patient Tortoise
in the spirit of Warren Buffett

Patience plus a long time horizon lets compounding do the heavy lifting.

legendaryDip
🦉
Oracle Owl
in the spirit of Charlie Munger

A few great decisions, sized big and held long, beat constant activity.

legendaryDip
🦫
Bedrock Beaver
in the spirit of Benjamin Graham

A measurable cushion between price and estimated value limits downside.

legendaryFactor
🦊
Forager Fox
in the spirit of Peter Lynch

Ordinary observation plus homework surfaces growth before Wall Street notices.

legendaryFactor
🐙
Quant Octopus
in the spirit of Jim Simons

Thousands of tiny statistical edges, traded systematically, add up.

legendaryMean Reversion
🐘
All-Weather Elephant
in the spirit of Ray Dalio

Balancing risk across regimes smooths returns when the future is unknowable.

legendaryHedge
🐊
Reflex Crocodile
in the spirit of George Soros

Reading feedback loops between belief and price, then sizing up when convinced.

legendaryHedge
🐆
Conviction Cheetah
in the spirit of Stanley Druckenmiller

Bet big only on rare high-conviction setups, and stay nimble.

epicHedge
🐺
Trend Wolf
in the spirit of Jesse Livermore

Riding the direction of the trend rather than fighting it.

epicMomentum
🦅
Guardian Falcon
in the spirit of Paul Tudor Jones

Obsessive risk control that protects capital before chasing gains.

epicHedge
🦡
Activist Badger
in the spirit of Carl Icahn

Buying cheap and then actively pushing to close the value gap.

epicDip
🐬
Disruptor Dolphin
in the spirit of Cathie Wood

Concentrating on long-run disruptive themes ahead of the crowd.

rareSector
🦥
Index Sloth
in the spirit of John Bogle

Minimizing costs and simply owning the market beats most active effort.

legendaryIndex
🐦
Bargain Albatross
in the spirit of John Templeton

Buying globally when fear is deepest and prices are lowest.

legendaryDip
🦚
Hedged Peacock
in the spirit of Bill Ackman

Pairing concentrated conviction with cheap, asymmetric protection.

epicHedge
🐦
Rapid Hummingbird
in the spirit of Steve Cohen

Reacting quickly to fresh information across many positions.

epicMomentum
🐝
Hive Bee
in the spirit of Ken Griffin

Many uncorrelated strategies pooled under disciplined risk control.

epicHedge
🦩
Cycle Heron
in the spirit of Howard Marks

Reading market cycles and buying when others are forced to sell.

epicDip
🐪
Reserve Camel
in the spirit of Seth Klarman

Holding cash as dry powder until the odds are clearly in your favor.

epicCash
🦗
Edge Mantis
in the spirit of Edward Thorp

Finding a measurable mathematical edge and hedging away the rest.

legendaryOptions

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