NZS Capital, LLC

Whitepapers

Whitepapers

Complexity Investing

Download Complexity Investing PDF

We believe that the economy and the stock market are best understood as biological systems: specifically, complex adaptive systems. Complex systems have unpredictable outcomes; therefore, as investors, we focus on companies that are adaptable, long-term focused, innovative, possess long-duration growth, and maximize non-zero-sum outcomes. Our whitepaper published in 2014, Complexity Investing, describes this process in detail and can be downloaded here.

A condensed version of the paper is also available here.

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