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Vikas Gupta:
The Inventor and Architect of the Scientific Alpha Concept
mniScience (*What is RISK? RISK, to paraphrase Buffett, is the
OCapital is chance of losing capital. At OmniScience Capital, we
a top-ranked*, do not consider price fluctuations (i.e. volatility) as
All-IITian, risk for the long-term investors; rather, it presents an
Ivy League, opportunity for them.)
Graham-Buffett
style, scientific OmniScience Capital’s mission is: Kill Risk, Create
value investing Alpha
team managing Of course, we don’t think we will ever be able
investments in to destroy risk totally. But the idea is to keep
global listed striving towards that goal. And, at OmniScience
equities including Capital, “Kill Risk” and “Create Alpha” aren’t two
US, Europe and different activities. But rather a focus on “Kill
India catering to Risk” automatically leads to “Create Alpha”; they
HNWIs, Family offices and Institutional clients. *This are two sides of the same coin. As we Kill Risk, i.e.
team’s investment strategy was ranked #1 in long- eliminate, reduce or control risks, those same actions
bias equity strategy across the World among more are resulting in conditions to Create Alpha. The Alpha
than 11000 hedge funds. (Source: Preqin Hedge funds might manifest later, but it has already been created at
ranking 2015) OmniScience has developed a unique the same time risk has been reduced.
investment framework – Scientific Alpha, which is
a combination of the value investment philosophy Dr. Vikas V. Gupta: CEO & Chief Investment
of Benjamin Graham and Warren Buffett with the Strategist
rigorous scientific approach of Nobel prize winners,
such as, Eugene Fama and Robert Shiller. Scientific Vikas is the inventor and architect of the Scientific
Alpha has proved to outperform the respective Alpha concept. He espouses a value-oriented
benchmarks and active fund managers of the mutual investment philosophy, in the mould of Graham-
fund or hedge fund variety across global equity Buffett with a focus on alpha from safety.He has
markets. OmniScience provides ETN/Structured 25+ years of experience in research, strategy and
Notes, Separate accounts and Institutional Advisory operations in various Founder/Entrepreneur/CxO-
Services to Asset managers and institutions. level roles.A regular columnist at various publications
including The Street (USA), Mint (India), and
OmniScience Capital’s Vision: Moneycontrol (India), his opinions have been covered
To preserve and grow CAPITAL, the most important across numerous media, including ET Now, CNBC,
man-made resource in the universe Economic Times, Wall Street Journal, and Forbes,
among others. He formerly served as Professor and
CAPITAL is the quantification of the value created
in the world through human ingenuity and hard work research faculty at IIT Kharagpur and University of
combined with natural resources. California, Irvine. He has a B.Tech from IIT Bombay
and earned his Masters and Doctorate from Columbia
There is one thing that keeps equity investors awake at University, New York.
night and that is: RISK.*
│ September 2019 61
