Subscribe to Systematic Insights

Receive monthly research, market commentary, and performance updates directly from Blackworks Capital.

Blackworks Capital Team

Copy-to-clip

Blog Posts by “Blackworks Capital Team”

Systematic Investing
Blackworks Capital Team
  • 6 min read
  • Mar 20, 2026

The Engine Room: How Systematic Strategies Are Built, Backtested, and Deployed

Behind every algorithmic trading decision is a process. Not a guess, not intuition, not an...

Read More
6 min read
Systematic Investing
Blackworks Capital Team
  • 5 min read
  • Mar 20, 2026

Algorithms vs. Intuition: Why Code Wins in a Volatile Market

The hedge fund of the 1980s ran on conviction. Hire the smartest person in the room, give ...

Read More
5 min read
Risk Management
Blackworks Capital Team
  • 5 min read
  • Mar 20, 2026

Overfitting Risk: When a Model Learns the Past Too Well

A student memorizes every practice test for a standardized exam. They can recite 500 answe...

Read More
5 min read
Fund Updates
Blackworks Capital Team
  • 5 min read
  • Mar 20, 2026

What Exactly is a Hedge Fund? Dispelling the Myths

The term "hedge fund" carries baggage. Aggressive traders, excessive leverage, secretive s...

Read More
5 min read
Systematic Investing
Blackworks Capital Team
  • 9 min read
  • Mar 20, 2026

Decoding Investment Performance: A Guide To Portfolio Metrics

A 25% annual return means nothing in isolation. Was it earned on a smooth ride or through ...

Read More
9 min read
Systematic Investing
Blackworks Capital Team
  • 5 min read
  • Mar 20, 2026

Why Small Systematic Funds Can Be More Nimble Than Multi-Strategy Giants

The financial industry venerates size. A $50 billion AUM figure reads as a badge of compet...

Read More
5 min read
Systematic Investing Featured Five Forces
Blackworks Capital Team
  • 3 min read
  • Mar 20, 2026

The 5 Forces That Drive Markets: A Framework for Systematic Investors

Every market movement—whether a sudden crash or a sustained rally—is the product of multip...

Read More
3 min read
Systematic Investing
Blackworks Capital Team
  • 5 min read
  • Feb 26, 2026

True Diversification: The Low Correlation of Systematic Strategies

September 2008. A portfolio manager looks at their statement: 60% stocks, 40% bonds. Diver...

Read More
5 min read