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Resilient investments for an unknown future.

See The Cockroach Strategy

Seeking to help long-term investors compound their wealth across boom & bust environments. Offense wins games. Defense wins championships.

  • Our Investment Philosophy

Cockroaches aren’t cuddly, but they do two things well that we also want out of our portfolios: they’re hard to kill and they compound fast.

The Cockroach Approach lays out our philosophy on how investors can combine offensive and defensive assets to build resilient, diversified portfolios that can better compound their wealth for the long run while minimizing risks in the short run.

Read the Cockroach Approach
Manifesto

Disclaimer: Outside of the tables marked ‘live performance’, the numbers and graphics herein are examples and exhibits of the topic discussed and do not represent trading in actual accounts. Funds utilizing futures and derivatives carry a risk of substantial losses and are not suitable for all investors. There is no guarantee the strategies outlined herein will result in profits or achieve their desired outcome. Please see full terms of use risk disclaimer and privacy policy.

Mutiny Funds Seeks to Help Investors Achieve...

True Diversification That Withstands Black Swan Events

Faster, Long Term Compounding Growth For Better Returns

Steady Growth & Reduced Drawdowns for a Reliable Portfolio

  • Our Cockroach Approach

Cockroach Strategy

Why do we invest?

For us, our savings and investments are more than just numbers on a screen. They represent the fruits of hard work in the past and the promise of being able to do things in the future, whether that’s providing for children, taking care of a sick loved one, or enjoying retirement.

We also don’t believe that we (or anyone) can consistently predict future macroeconomic events. A global pandemic was not our 2020 bingo card (and we haven’t seen a lot of bingo cards where it was).

In that case, how do we protect and grow our wealth for an unknown future?

For the past decade, we’ve been researching and working on the answer to that question.

The Cockroach Approach is our answer. It is a way of approaching building a diversified portfolio with the goal of compounding wealth effectively over decades without needing to predict macroeconomic events.

It seeks to balance the two things we believe most investors care about in their portfolios:

  • Having a lot of assets in the future: That is, maximizing the long-term compounding, or expected terminal wealth of a portfolio.
  • Having enough assets in the interim: That is, making sure that if we need to use our assets for a family emergency, illness or other unexpected life event (dare I say a global pandemic?) in the near term, that it will be there when we need it.

We call this the Dual Mandate of Compound Growth: how do we construct a portfolio that balances increasing long-term wealth while managing drawdowns in the short to medium term?

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Why Mutiny?

Experience

The sub-advisors we allocate to constitute a team of over 100 investment professionals with deep and diverse investing experience.

Trust

100s of clients around the world have invested with Mutiny since 2020, while our sub-advisors manage over $10 billion of client assets.

Diversification​

We trade 100s of markets around the world to try to provide more resilient portfolios and stronger compound growth.

Our Most Popular Insights

Sequencing Risk: Why The Expected Value Is Not What You Should Expect

Expected value (EV) is a popular and often cited concept among investors. However, it’s a bit of a misnomer and has a few serious limitations. To briefly recap, expected value is a calculation made by multiplying the probability of something happening by the magnitude of the outcome. Let’s say you give me a bet on a fair die. The die has 6 sides so each side should show up 16.6% of the time – that’s 6 to 1 odds. Now let’s say I offer you

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Stocks for the Long Run?

“Stocks for the Long Run” is the mantra of many investors today. The U.S. stock market’s stellar performance, especially post 2008, and its rarity of long-term losses have become something of a gospel. Renowned experts like Eugene Fama and Ken French support this belief, estimating high probability of substantial gains over extended horizons. Indeed, the U.S. stock market was the strongest performing market in the 20th century. As Stocks for the Long Run author Jeremy Siegel noted: “… U.S. stocks have been the best long-term investment

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Why Offense Wins Games, But Defense Wins Championships

We are excited to introduce a new addition to our suite of investment strategies – The Defense Strategy. It combines Mutiny Fund’s Volatility Strategy and Commodity Trend Strategy. The Volatility Strategy is designed to act as a so-called ‘black swan’ investment, achieving asymmetric gains in times of high volatility or tail risk (e.g. March 2020). The Commodity Trend Strategy is designed to profit during inflationary periods (e.g. 2022) as well as during extended ‘crisis periods’ for stocks and bonds (e.g. 2008). In combining these two

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Episode 51: Jared Dillian – Fintwit Bastards

Dr. David Rhoiney

Episode 50: Strategy That Fits – Dr. David Rhoiney

Tobias Carlisle

Episode 49: What is Money? – Tobias Carlisle

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The Mutiny
Investment Podcast

This podcast is an open-ended exploration of topics relating to growing and preserving your wealth including investing, markets, decision making under opacity, risk, volatility, and complexity.

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Our goal at Mutiny Funds is to help investors maximize the long-term growth of their portfolios. Unlike most, we believe that combining defensive-minded strategies such as long volatility with offensive-minded strategies providing the best opportunity for long-term capital growth, while reducing drawdowns in the interim.

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Mutiny Funds

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Our goal at Mutiny Funds is to help investors maximize the long-term growth of their portfolios. Unlike most, we believe that combining defensive-minded strategies such as long volatility with offensive-minded strategies providing the best opportunity for long-term capital growth, while reducing drawdowns in the interim.

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Privacy Policy · Disclaimer 

Copyright © 2024 Mutiny Funds, LLC is a registered commodity pool operator and commodity trading advisor with the Commodity Futures Trading Commission and member of the National Futures Association. This website is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. All opinions expressed are solely the opinions of the authors, and do not necessarily reflect the opinions of Mutiny Funds, LLC, their affiliates, co-managers of their funds, or companies featured.Investing is risky, and you are reminded that futures, commodity trading, forex, volatility, options, derivatives , and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors, and you should not rely on any of the information as a substitute for the exercise of your own skill and judgment in making such a decision on the appropriateness of such investments.

DISCLAIMER

This website provides information regarding the following commodity pools: The Long Volatility Fund LLC and The Cockroach Fund, LLC (collectively the “US Funds”) and Mutiny Funds Cayman Ltd. (together with the US Funds, collectively the “Fund(s)“), which are managed and operated by Attain Portfolio Advisors LLC and Mutiny Funds LLC (the “Managers”). Investments in the US Funds are only available to Accredited Investors as defined in Rule 501 of Regulation D of The Securities Act of 1933. Investments in Mutiny Funds Cayman Ltd. are only available to non-US investors and U.S. Persons which are tax-exempt organizations described in Section 501(c)(3) of United States Internal Revenue Code of 1986, as amended. This content is being provided for information and discussion purposes only and should not be seen as a solicitation for said Fund(s). Any information relating to the Fund(s) is qualified in its entirety by the information included in the Fund’(s)’ offering documents and supplements (collectively, the “Memorandum(s)”) described herein. Any offer or solicitation of the Fund(s) may be made only by delivery of the Memorandum(s). Before making any investment in the Fund(s), you should thoroughly review the Memorandum(s) with your professional advisor(s) to determine whether an investment in the Fund(s) are suitable for you in light of your investment objectives and financial situation. The Memorandum(s) contain important information concerning risk factors, including a more comprehensive description of the risks and other material aspects of an investment in the Fund(s), and should be read carefully before any decision to invest is made. This site is not intended for European investors, and nothing herein should be taken as a solicitation of such investors. Use the following links to view the full terms of use and risk disclaimer and our privacy policy.

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