Louis Savare - From Planck Scale to Basis Points: Tiny Numbers, Colossal Forces

Wednesday 14 May 2025, 13:30 → 14:30 UTC

610 (G.O. Jones Bulding)

Louis Savare (ExodusPoint)

https://fnal.zoom.us/j/93197574512?pwd=bGlJTHlGTnVtTFFwRnlpYnhrdm5rdz09

About the speaker: Louis Savare has worked in the finance industry his entire career. At first he was a trader and risk analyst for Albert Bridge Capital, a small hedge fund with a European Equity mandate. He then went on to developing indexes for a data provider, you can find it on bloomberg with the ticker: .SOLEGPHP

 

After that, he passed his CFA and decided to undertake a MSc Finance at London Business School where he was scouted by his current boss at ExodusPoint. At ExodusPoint, he is in a team where they have a global macro mandate but will mainly focus on rates using any suitable instruments. There, he is a quantamental research investment analyst, he provides industry and market insights on fundamental hypothesis using quantitative technics. He provides trade support, optimization and more importantly, investment ideation for his team.

13:30 → 14:30 From Planck Scale to Basis Points: Tiny Numbers, Colossal Forces

The yield is undoubtedly the single most important concept in finance. By quantifying the cost of moving money through time, yields let investors—and the economy as a whole—exchange, save, and allocate capital efficiently. They form the deepest pool of liquidity, the engine of the global economy, yet their behaviour, patterns, scale, and reach remain widely misunderstood.
Because the entire world economy hangs on every twitch of the yield curve, this ultra-efficient market can send shockwaves with moves of just a few basis points. Command over even a sliver of this immense force can decide elections, lift some nations to prosperity while others stumble, and tip the balance between peace and conflict, plenty and scarcity.
In this talk I’ll cover the essentials: what yields represent, how they’re calculated, and their far-reaching implications. We’ll ask how powerful the yield really is, and whether it can be read—or controlled—at all. Along the way I’ll use the jargon and professional examples that shape day-to-day practice in my world.
I hope to give you a first glimpse into this vast and fascinating landscape.

Convener: Mr Louis Savare (ExodusPoint)