They Chased Alpha. I Collapsed Variance.

For decades, Wall Street has trained everyone to chase alpha — the mythical gold pot at the end of the rainbow.

A few percentage points above the benchmark. A long-term compounding story. A promise that if you ride out the volatility, scale and patience will eventually reward you.

That’s the game: keep you focused on “alpha,” and keep you living inside variance.

But I inverted it.

I don’t chase alpha. I collapse variance.

Variance collapse is not a promise.

It’s proof.

It doesn’t take years to reveal itself. It happens in seconds.

• Variance suffocated, outcomes resolved on the spot.

• Once variance collapses, the tape replays it, across sessions, across catalysts, across the global clock.

• Direction, time, speed, precision — each one compounding into certainty.

That’s why alpha is their grail.

And variance collapse is mine.

For them, variance is a feature — the backdrop that justifies diversification, capital scale, and years of waiting.

For me, variance is raw material. And I crush it.

That’s why alpha chasers will always look backward.

And why authorship always runs forward.