AGenTech Equities · Registered Investment Adviser
A founder-led registered investment adviser executing a single derivative income strategy on a concentrated portfolio of high-conviction U.S. equities. California-registered.
Our philosophy
AGT Equities exists to run one strategy well. We believe concentrated conviction beats diversified mediocrity over long time horizons, and that options — used systematically, not speculatively — are the right tool to turn that conviction into income.
Every position is one we'd hold without the overlay. The overlay is the discipline; the underlying thesis is the reason.
This strategy utilizes a concentrated portfolio which may result in greater volatility than a diversified portfolio.
The Derivative Income strategy combines a concentrated equity book with systematic options overlay. Each discipline reinforces the others.
A curated shelf of the writing that shapes how we think about concentration, options, and patient capital. We recommend what we actually read.
Howard Marks on why concentrated bets require deep context, not conviction alone. One of the clearer arguments for the posture we run.
Read memo →Roni Israelov's research on how covered-call and put-write strategies behave across market regimes — the academic foundation for systematic options income.
Read paper →Terry Smith's annual defense of concentration. The discipline he describes for equity selection is the same discipline we apply before putting an overlay on top.
Read letter →A short call is the best way to decide whether the strategy and the firm fit how you want to invest. No scripts, no sales team — just a conversation with Yash.