The Informed Momentum Company

Daniel Broid serves as both CEO and Chief Investment Officer, making all portfolio-construction decisions. Broid founded the firm in 2016 and functions as its sole named principal; no co-portfolio managers or investment committee members are publicly disclosed. The strategy reflects a single-manager risk profile common to concentrated long-only boutiques.

Broid's disclosed methodology is primarily top-down, starting with macro imbalances in energy supply chains and narrowing to individual public companies with operating leverage to those dislocations. Idea generation draws on public regulatory filings, commodity market data, and corporate disclosures rather than private deal networks. The firm publishes periodic market letters that articulate discrete theses around refining margins, lithium supply deficits, and the capital-discipline cycles of energy incumbents.

No. The firm operates exclusively in liquid public equities, deliberately avoiding the private-venture and project-finance structures that dominate energy-transition capital allocation. This public-only mandate is central to its structural identity—Broid has argued in his writings that public energy and materials companies offer better risk-adjusted exposure to the transition than private infrastructure vehicles.

The strategy explicitly avoids pure-play renewable developers without demonstrable free cash flow, early-stage battery technology companies with no commercial-scale production, and most software-enabled climate-tech businesses. Broid's public commentary emphasizes the gap between narrative-driven valuations in venture-backed climate companies and the cash-generating industrial assets he targets.

The portfolio concentrates on US-listed refiners and energy companies, South American lithium producers operating in Chile and Argentina, and select Asian battery-value-chain participants. Broid's letters have specifically addressed US Gulf Coast refining dynamics and the Salar de Atacama lithium basin as anchor geographies underlying the thesis.