Disclosures

Nature of the firm

Orcas Capital is a proprietary trading firm. We trade exclusively with capital that belongs to the firm and its founders. We do not solicit, accept, or manage external capital, and we are not a registered investment adviser, broker-dealer, or asset manager.

No investment advice

Information published on this site — including research notes, commentary, and any examples — is provided for general information only. It is not investment, financial, legal, tax, or accounting advice and should not be relied upon as such. You should consult appropriately qualified professionals before making any investment decision.

No performance representations

We do not publish performance figures, returns, assets, or capital figures on this site. Any past performance — whether stated by us elsewhere or inferred from the topics we write about — is not indicative of future results.

Forward-looking statements

Statements about our research, infrastructure, or intentions are forward-looking by their nature and involve uncertainty. Actual outcomes may differ materially from anything suggested on this site.

Jurisdiction

This site is intended for general audiences. It is not directed at any person in any jurisdiction where access to or use of it would be unlawful, and visitors are responsible for ensuring that their access and use comply with applicable local laws.

Contact

Questions can be sent to hello@orcas.capital.