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exponentialist.
"We have 6 years to make as much money as possible." — Raoul Pal
We’re approaching the Economic Singularity — the rocket ship is taking off. It couldn’t be more serious — which is why the Exponentialist has upped its game to help you thrive in this new world.
The rocket ship has a life raft. Jumping in?
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exponentialist.
The Economic Singularity Is Incoming.
Raoul here… My job as a macro analyst and entrepreneur is to live in the future and assess how the world might look, and a probabilistic path to get there.
Here’s the much-shortened version of my current thinking… Buckle up…
In the next 6 years, we will see Artificial General Intelligence (AGI) models accelerating in power and collapsing in costs. We will hit a golden age of technology productivity, where infinite knowledge workers (AIs…!) enter the economy.
What does an economy even look like in that world? What is GDP?
What if someone trains AGI on global markets? They theoretically will capture ALL the value.
What if everyone begins using AGI models to build businesses? The velocity of business formation — and destruction — will be unprecedented. So long VC investing, farewell PE investing.
How do “normal” businesses survive in this world? They can’t.
It is all totally f*cked.
And nobody is ready for it.
This isn’t sci-fi. We are living through the death of an old world and birth of a new one.
This has seriously made me think about the future of wealth creation and investing. It’s why I think we have until 2030 to make as much money as possible.
That is the entire game now, and that is the journey we at the Exponentialist are taking together.
More on that in a bit, but first — a quick retro and score card on the first year of the Exponentialist and how we’re doing.
The Economic Singularity is a transformative convergence of disruptive technologies and economic trends that leads to the total destruction of the GDP equation.
Robots + AI = Infinite Population and Productivity Growth = Rip Up the Rule Book.
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exponentialist.
You’re invited to join...
the
exponentialist.
The exponentialist, co-founded by Raoul Pal and David Mattin, is the only service in the world that looks at the Exponential Age, not just from an investor’s perspective, but from the perspective of how it’s going to permanently change the world on every level, including your day-to-day life.
Because while we’re all investors and need guidance on how to invest in this new world (and you’ll find that in the exponentialist), this is so much bigger than that.
How do we choose what to cover?
Well, if it is going to change the world, and your life, we cover it. That’s our guiding star criteria.
Here’s what you get with this singular membership:
The Exponentialist Scorecard:
Outperforming the Nasdaq by 2x
I’m biased of course, but nothing else exists like the Exponentialist, where deep thinking meets an actionable portfolio along with actionable advice about how to live in this fast-changing world.
Every month, Exponentialist members get:
- A long-form essay from David which helps subscribers keep up with the world-changing developments of the Exponential Age
- A monthly “Ask Me Anything” session with David
- A monthly Fireside Chat with me and David
- Quarterly “State of the Union” updates from me
- A monthly portfolio update from me and Julien Bittel, the best technical analyst in the world, bar none
And the Exponentialist proof is in that portfolio.
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exponentialist.
The Exponentialist Portfolio Performance
The Exponentialist portfolio has outperformed the Nasdaq by 2x since launch (December 1, 2023).
The Exponentialist Portfolio Breakdown
And as of October 11, it has a pretty damn impressive 77% win rate when we drill down into the individual holdings.
Honestly, I feel like we could drop the mic on those numbers alone.
But the proof also is in the words of members, so we gave them the mic, too…
Best source for learning and thinking about tech advances, how it affects both life (plans) and investing opportunities — enjoy the information, knowledge, curiosity and enthusiasm.
— Kevin C.
It’s a great membership. I thought it would be over my head and am enjoying the challenge it has brought in bringing my thinking to a higher level.
— Janice B.
— Ilias G.
I’m really proud of the first 6 months of the Exponentialist, and I know David is, too.
But that’s enough of a victory lap.
Time to reveal what we’re layering in to supercharge the Exponentialist as we hurtle towards Economic Singularity.
And for that, I’ll hand you over to David…
What Does All This Mean for Subscribers?
Honestly, I feel like we could drop the mic on those performance results alone, but the proof also is in the words of members, so we gave them the mic, too…
Best source for learning and thinking about tech advances, how it affects both life (plans) and investing opportunities — enjoy the information, knowledge, curiosity, and enthusiasm.
— Kevin C.
It’s a great membership. I thought it would be over my head and am enjoying the challenge it has brought in bringing my thinking to a higher level.
— Janice B.
I have been trying to explain the level of change that is likely to occur over the next decade to people… The Exponentialist helps contextualise it, stay on top of it, and explain it.
— Alec K.
— Ilias G.
Exponentialist subscriber
— Tom N.
Exponentialist subscriber
— Ron A.
Exponentialist subscriber
I’m really proud of the first year of the Exponentialist, and I know David is, too.
And since launch, we’ve continued to layer in more to supercharge the Exponentialist as we hurtle towards Economic Singularity.
To fill you in on that, I’ll hand you over to David…
Supercharging the Exponentialist With Options.
David here… The Exponentialist portfolio is based on a core strategy: buy, hold, enjoy.
Follow the portfolio and you’ll be exposed to the stocks and crypto we believe are best situated to benefit from the Exponential Age across the next decade. It’s a powerful way to participate in the story that lies ahead.
And as Raoul just showed — the portfolio speaks for itself.
But some of you want to do more.
To be more active when it comes to your technology investing journey. And we want to empower you to do just that — in the best way possible.
That’s where Options Insight founder Imran Lakha comes in…
Imran takes Exponentialist members on a journey through options trading and technology stocks.
Subscribers get actionable regular options trade recommendations around the names in the Exponentialist portfolio.
- These allow us to take advantage of expected movements in stock prices caused by quarterly earnings announcements, the news cycle, and much else.
And we get a deep education in the art and science of options trading.
- Including access to Imran’s options trading course in the Academy — included as part of your Exponentialist subscription — and via Fireside Chats with Raoul, Imran, and me.
It’s the perfect approach to complement our existing Exponentialist Portfolio, allowing technology investors to deploy a powerful long-term strategy and take advantage of short-term stock price movements.
We’re all beginners when it comes to getting the most from this technology.
The tools we have now will
be the weakest, least effectual tools we’ll ever have.
It’s going to get wild.
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exponentialist.
An Example of the Kind of Ideas You Can Expect.
Look at this Amazon trade alert Imran shared with subscribers back on July 19.
Here’s Imran:
On 27 June we recommended hedging AMZN stock with 16Aug24 risk reversals.
This trade is now nicely in the money and our compass is flagging AMZN as oversold and with elevated vol.
We would look to close out the hedge here and go back to just being long the stock. Those who traded against the Exponentialist portfolio AMZN position should be able to bank some nice profits.
And options trading is just one way we continue to enrich the Exponentialist…
Supercharging You With AI.
Our quest at the Exponentialist? To ensure we’re all equipped to navigate this period of extraordinary change.
Yes, as investors. But also as professionals, citizens, and most of all humans.
You see, AI is the most consequential technology megatrend inside the Exponential Age. It might just be the most consequential technology ever.
AI tools such as ChatGPT have huge potential to enhance us as thinkers, creators, investors, and more. But there will be a clear and growing divide between those able to put AI to work, and those who can’t.
The aim of Thought Machines is to arm you with powerful new ways to accelerate and clarify your thinking: an AI-fueled method to supercharge you.
Expect tips, techniques, and prompts that you can personalize and start using now. Get into the habit of using them, and they’ll start to feel like a jetpack for the mind.
We also review and assess new tools as they’re launched. And there are interviews with other professionals and investors putting AI to work to supercharge their thinking and productivity.
Thought Machines follows my monthly essay and, in the same jumbo monthly edition, you also get:
• It’s Happening, where we analyze the month’s key technology stories, launches, and announcements as they happen. Our aim? To understand how the latest events fit into the broader Exponential Age frameworks and models we’re building.
• And Chart Corner, where we look at the charts and data that must be on your radar this month. That means even more context when it comes to understanding the Exponential Age.
More analysis, more data, and deeper understanding.
If we’re to profit from — and flourish inside — the future taking shape around us, then that’s what we all need.
And that’s the journey we’re taking together at the Exponentialist.
Meet your team.
Raoul
Raoul Pal is the co-founder and CEO of Real Vision, and founder and co-creator of the Exponentialist.
He has also been publishing Global Macro Investor since 2005 to provide original, high-quality, and quantifiable research for the global macro investment community, hedge funds, and family offices.
In 2021, Raoul co-founded Exponential Age Asset Management, an asset management firm that offers a fund of funds in the digital asset space and other investment products.
David
David Mattin is the co-creator of the Exponentialist, and an internationally recognized expert on emerging technologies, innovation, and social change. He is the author of New World Same Humans, a weekly newsletter sent to over 30,000 readers across tech, business, academia, and government.
David works with leaders inside many of the world’s most prominent organizations — think Meta, Mastercard, Alphabet, Disney, Unilever, Accenture, and more — to help them understand and respond to exponential change.
Imran
Imran Lakha is the founder of Options Insight. For 20+ years Imran traded options for major institutions like Citi and Bank of America where he ran their European Options trading desks.
Using this real-world expertise, Imran demonstrates how investors can better position themselves to leverage their capital for maximum returns while protecting their portfolios.
Many Visionaries also know Imran thanks to his brilliant Options Trading course in the Real Vision Academy, and his regular RV appearances.
Julien
Julien Bittel is the head of macro research at GMI, and contributor to the Exponentialist.
He previously worked at Pictet Asset Management where he co-managed several of Pictet’s Multi Asset Funds, overseeing a total AUM of CHF 5Bn, and won a number of Morningstar Awards, including Multi-Asset Fund of the Year in 2019/2020.
Prior to assuming a fund management role, Julien worked as a Multi-Asset Investment Strategist in London with a focus on global macro investing.
Meet your team.
Raoul
Raoul Pal is the co-founder and CEO of Real Vision, and founder and co-creator of the Exponentialist.
He has also been publishing Global Macro Investor since 2005 to provide original, high-quality, and quantifiable research for the global macro investment community, hedge funds, and family offices.
In 2021, Raoul co-founded Exponential Age Asset Management, an asset management firm that offers a fund of funds in the digital asset space and other investment products.
David
David Mattin is the co-creator of the Exponentialist, and an internationally recognized expert on emerging technologies, innovation, and social change. He is the author of New World Same Humans, a weekly newsletter sent to over 30,000 readers across tech, business, academia, and government.
David works with leaders inside many of the world’s most prominent organizations — think Meta, Mastercard, Alphabet, Disney, Unilever, Accenture, and more — to help them understand and respond to exponential change.
Imran
Imran Lakha is the founder of Options Insight. For 20+ years Imran traded options for major institutions like Citi and Bank of America where he ran their European Options trading desks.
Using this real-world expertise, Imran demonstrates how investors can better position themselves to leverage their capital for maximum returns while protecting their portfolios.
Many Visionaries also know Imran thanks to his brilliant Options Trading course in the Real Vision Academy, and his regular RV appearances.
Julien
Julien Bittel is the head of macro research at GMI, and contributor to the Exponentialist.
He previously worked at Pictet Asset Management where he co-managed several of Pictet’s Multi Asset Funds, overseeing a total AUM of CHF 5Bn, and won a number of Morningstar Awards, including Multi-Asset Fund of the Year in 2019/2020.
Prior to assuming a fund management role, Julien worked as a Multi-Asset Investment Strategist in London with a focus on global macro investing.
Meet Your Team.
Raoul
Raoul Pal is the co-founder and CEO of Real Vision, and founder and co-creator of the Exponentialist.
He has also been publishing Global Macro Investor since 2005 to provide original, high-quality, and quantifiable research for the global macro investment community, hedge funds, and family offices.
In 2021, Raoul co-founded Exponential Age Asset Management, an asset management firm that offers a fund of funds in the digital asset space and other investment products.
David
David Mattin is the co-creator of the Exponentialist, and an internationally recognized expert on emerging technologies, innovation, and social change. He is the author of New World Same Humans, a weekly newsletter sent to over 30,000 readers across tech, business, academia, and government.
David works with leaders inside many of the world’s most prominent organizations — think Meta, Mastercard, Alphabet, Disney, Unilever, Accenture, and more — to help them understand and respond to exponential change.
Imran
Imran Lakha is the founder of Options Insight. For 20+ years Imran traded options for major institutions like Citi and Bank of America where he ran their European Options trading desks.
Using this real-world expertise, Imran demonstrates how investors can better position themselves to leverage their capital for maximum returns while protecting their portfolios.
Many Visionaries also know Imran thanks to his brilliant Options Trading course in the Real Vision Academy, and his regular RV appearances.
Julien
Julien Bittel is the head of macro research at GMI, and contributor to the Exponentialist.
He previously worked at Pictet Asset Management where he co-managed several of Pictet’s Multi Asset Funds, overseeing a total AUM of CHF 5Bn, and won a number of Morningstar Awards, including Multi-Asset Fund of the Year in 2019/2020.
Prior to assuming a fund management role, Julien worked as a Multi-Asset Investment Strategist in London with a focus on global macro investing.
6 Weeks, 6 Months, 6 Years...
Preparing for the Economic Singularity is more urgent than 99% of people realize, but it’s still far enough away that it’s hard to see the road there.
So let’s break this down…
- 6 Weeks: If you become a subscriber, the first 6 weeks of your Exponentialist membership will be a key part of your road to 2030. In those 6 weeks, you’ll get a crash-course education on the Exponential Age, techniques and tips on supercharging your life with AI, options trades from Imran, a live session with Raoul, and more.
- 6 months: After 6 months, you’ll be a seasoned Exponentialist. You’ll have months of portfolio updates, options trades, practical AI sessions, and AMAs under your belt.
- 6 years: The Economic Singularity is here and the world is a very different place. So it’s important to ask: What decision would your future self make today?
Imagine technology running so fast on its own that it reshapes our jobs, our economy, and pretty much our entire way of life.
It's a bit like a sci-fi plot but grounded in what could be a real future scenario.
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exponentialist.
The Rocket Ship Has a Life Raft. Jumping In?
I know we’ve discussed a lot here today, so here’s a TL;DR of what you get with the Exponentialist:
- Deep dive discussion: Raoul and I will have a monthly discussion on the key Exponentialist themes
- Long-form think piece: Once a month, I will share an essay on a theme driving the Exponential Age
- Presentation and AMA: I will follow the think piece with a presentation and Q&A session, with regular special guests
- The Exponentialist portfolio: A basket of trades from Raoul Pal and Julien which reflect the long-term thesis of the Exponentialist, updated monthly
- Exponentialist options trades: Members will get actionable regular trade recommendations around the names in the Exponentialist Basket from options veteran Imran Lakha
- Practical AI: Members will get actionable tips, techniques, and prompts from me (David Mattin) to help you leverage the power of AI
- News and Charts: Every month, we’ll work in the trenches so you don’t have to, to bring you the news and charts you need to see
Choose from...
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exponentialist.
"There’s literally no one else talking about the coming of the Economic Singularity. I can’t help thinking of an Ark being built, and in 6 years all of us at RV and the Exponentialist are on board.
"Thank God I joined the Exponentialist, and I have you as my guide for the coming 6 years."
Darryl W.
FAQ
I’m a Real Vision member. Is this included in my membership?
The Exponentialist is not a Real Vision service and so it isn’t part of any of our membership tiers. It is an external service that is offered via RV Marketplace, where you can truly build your own financial world with the services and add-ons you need. Real Vision members will always get preferred pricing on services in the RV Marketplace.
Do I need to be seasoned with options to benefit from Imran’s trades?
We wouldn’t recommend jumping in feet first with no prior experience — which is why we are giving all Exponentialist subscribers access to Imran’s Trading Options course in the RV Academy. Plus, Imran will be sharing the rationale and step-by-step guide to all of his options trades for the Exponentialist, so you can learn as you go.
I’m an RVIP Club member. Do I get an extra discount?
Absolutely. Please drop us a line at rvipclub@realvision.com.
Where does the Exponentialist live?
While the Exponentialist is not a Real Vision service, we are able to deliver it through the Real Vision platform. So if you’re already a Real Vision member, you don’t have to add another website to your list to visit. You can access your Real Vision membership and your Exponentialist subscription all in one place.
I have more questions…
Drop us a line at milton@realvision.com and he’ll be able to help you out.
