Skip to content

Built Around a Research Discipline

AJAX Research is an independent research platform focused on understanding markets through macroeconomic analysis, fundamental research, and strategy development. The work is grounded in disciplined study, documentation, and continuous learning — examining how market structures evolve across cycles, regimes, and narratives. Rather than prediction or performance, the focus is on developing durable frameworks for decision-making, with results emerging as a function of process rather than promotion.

Research Principles

AJAX Research operates under a defined set of principles that guide the research process and the development of ideas. Discipline and consistency underpin the analytical process, ensuring conclusions are grounded in evidence rather than narrative. Intellectual rigor and independent judgment inform decision-making, with a focus on understanding market structures and systems rather than responding to short-term signals. Clear documentation and continuous inquiry allow frameworks to be refined over time as conditions evolve.
five black bird flying on sky
Empire State Building sketch

Purpose

The purpose of AJAX Research is to develop durable ways of thinking about markets. Markets are complex, adaptive systems shaped by economic forces and human behavior, and meaningful insight emerges through sustained study rather than isolated observation. By integrating macroeconomic analysis, fundamental research, and strategy development, AJAX seeks to understand how capital behaves across different environments and market regimes. The emphasis is on structure and process — documenting ideas, testing them across contexts, and refining frameworks as conditions evolve — with the goal of supporting clearer judgment and more consistent decision-making over time.

Consistency Drives Outcomes

Success in markets is rarely defined by isolated decisions. Sustainable results emerge from a disciplined process, sustained focus, and the consistent application of sound frameworks over time. AJAX Research emphasizes repeatability, structure, and long-term perspective — recognizing that both performance and judgment are built through experience, refinement, and adherence to process.

Market Research & Analysis

Research-driven analysis across, macroeconomic trends, equity fundamentals, and cross-asset dynamics.

Opportunity Identification

Systematic identification of emerging themes, structural opportunities, and mispricings through independent research rather than surface-level narratives.

Intellectual Exchange

Ongoing dialogue and exchange of ideas with a small, aligned group of market participants, fostering critical thinking, challenge, and refinement of views over time.

Long-Term Perspective

AJAX prioritizes disciplined decision-making and strategic thinking, designed to preserve long-term value