Third Moment

[thurd mOHmUHnt] statistics

Indicates the degree of asymmetry for a probability distribution, also known as "skew".

We expect that the vast majority of stocks are priced efficiently at any given time. (the third moment = 0)

Idiosyncratic circumstances occasionally create favorable setups. (the third moment is positive)

Investment Objective

Third Moment seeks to outperform market rates of return over a
multi-year holding period, while maintaining significantly lower
volatility. We pursue strong absolute performance through a
highly diversified portfolio, with capital preservation as a core
priority.