About FS Insight
No wonder Wall Street’s got the word ‘wall’ in its name.
For too long, it’s been walled off, reserved for the chosen few. A rigged game in which only the big dogs had the power and information to succeed.
Not fair, right?
Well, FS Insight decided to do something about it.
To stand up to the big dogs, we needed some big dogs of our own, so we created a super team.
The captain? Tom Lee. A financial sage with 25 years of Wall Street experience and a Midas touch with the markets.
His teammates? Mark Newton, Sean Farrell... and the legendary Tireless Ken himself – Ken Xuan. All battle-tested, with decades of Wall Street cred under their belts. All MVPs in their own right. All pound-for-pound outperformers.
Together, they aim to break down Wall Street’s walls and democratize top-tier financial research. To make it readily available, more accessible, much-much easier to digest.
And because, as an independent research boutique, we’re driven by data and not groupthink, we can be bolder and embrace new ideas faster. Just as we did with blockchain, crypto, and all things DeFi.
FS Insight exists so smart investors can see a fuller picture before making decisions. Our strategy combines evidence-based methodologies and contrarian perspectives to point you in the right direction – no matter the market conditions.
We make bold, game-changing, successful calls, time after time. With deep conviction. Backed by data.
Our products? Macro and crypto research, ⚡FlashInsights, webinars, Signal from Noise reports, and more.
The upshot?
If you want a differentiated approach to market strategy, don’t make a move without FS Insight.
Our Vision
Putting money to work in equities and credit today requires a thoughtful perspective on global events. Macro analysis is no longer just for macro traders. With hundreds of hedge funds and other active asset managers not able to outperform in this bull market, it’s evident now that portfolio positioning matters just as much as stock picking. Our forward-thinking team draws on over 100 years of combined experience on Wall Street to help you block out the market “noise” and analyze the fundamental, technical and sentiment data you need to make informed and actionable investment decisions.
Using comprehensive data since the 1900s, we look at key drivers and relative valuation for the 11 primary sectors as well as selected industries. With a focus on businesses with pricing power or secular opportunities, we publish ideas before the consensus discovers these companies. FS Insight provides a roadmap for investors to understand the current equity market environment and the tools to generate outperformance. We look to identify the relevant investment opportunities for our clients, using a differentiated data set, including census data, economic activity and historical trends, and demographic and social trends.
Our teams produce primary research along five product verticals:
- Portfolio Strategy
- Crypto-currencies
- Quantitative Strategy
- Technical Analysis Strategy
- Washington, D.C. Policy
We are recognized as one of the only institutional research firms providing comprehensive market analysis and price analytics for cryptocurrencies and blockchain technology. FS Insight is a pioneering thought leader in this rapidly growing investment space. Our digital assets research bridges the gap between the tech and investment worlds, providing investors with a framework for understanding fundamental valuations and market risks, and critical benchmarking tools.
We have established leadership in this space—since launching our crypto-currency research, we count more than 10% of all crypto-funds, representing ~33% of crypto assets under management as our paying clients. We are effectively the only paid research subscription service in crypto with widespread adoption. For example, our Crypto-currency research products include, among other products, a proprietary valuation framework for the valuation of Bitcoin and major crypto-currencies, and a Crypto-currency and Bitcoin mining and security model.
Clients First
FS Insight is committed to serving our clients’ interests alone. As an independent research firm, our views are insulated from the potential conflicts possible in research from traditional Wall Street banks and other financial institutions. FS Insight answers to no one but our clients.
Our mandate is to provide you with our latest macro, equity and crypto currency strategies. We are data-driven and focused on producing unique, non-consensus independent research. We don’t follow the herd.
“Tom provides excellent analytical and creative research which focuses on variant perceptions from consensus expectations”
“Tom does a huge amount of work and he doesn’t rely on hunches. All of his arguments are data driven.”
Thomas Lee was one of the first “traditional finance” professionals talking about Bitcoin.
“Your services and your info has been my ‘Thor’s hammer’”
Founders
Tom Lee, CFA
Co-founder and Head of Research
Thomas Lee is a Managing Partner and the Head of Research at FS Insight. He is an accomplished Wall Street strategist with over 25 years of experience in equity research, and has been top ranked by Institutional Investor every year since 1998. Prior to co-founding FS Insight, he served most recently as J.P. Morgan’s Chief Equity Strategist from 2007 to 2014, and previously as Managing Director at Salomon Smith Barney. His areas of expertise include Market Strategy, Small/Mid-Cap Strategy and Telecom Services.
John Bai
Co-Founder, Head of Sales
John Bai is a Managing Partner and the Head of Sales at Fundstrat Global Advisors. John possesses extensive knowledge of all major hedge funds in the US and Asia through his 25-plus years of experience in finance. Prior to co-founding Fundstrat, John served as Head of Asia and US Equity Sales at Mizuho Securities USA Inc. from 2009 to 2014. He worked previously as Head of Hedge Fund Sales at Calyon Securities Inc. (CLSA) and Head of Asia Equity Sales at ING Barings, and was the top producer in sales while working at CLSA and Mizuho Securities. Mr. Bai earned a BS in Electrical Engineering from Columbia University and holds an MBA in Finance and Accounting from the University of Chicago Booth School of Business.