ASYMMETRY® Observations are Mike Shell’s observations of investor behavior causing directional price trends, global macro, tactical ETF trading, momentum stock trading, hedging, volatility trading, and risk management that creates asymmetric investment returns. An asymmetric return profile is a risk/reward profile with a positive asymmetry between profit and loss. Mike Shell is the founder of Shell Capital Management, LLC and the portfolio manager of ASYMMETRY® Global Tactical
The Three Dimensions of Risk — And How We Engineer Around Them
Risk isn’t a single score — it’s the interaction between risk tolerance, risk required, and risk capacity. At Shell Capital, we engineer portfolios by aligning psychological comfort, return objectives, and financial absorption ability to create durable asymmetric risk/reward structures across market regimes. Read More