Capital Flows and Asset Markets
Capital Flows and Asset Markets
HORSEHEAD CAPITAL - GOOD NAME OR BAD NAME?
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HORSEHEAD CAPITAL - GOOD NAME OR BAD NAME?

Naming a fund is a real chore, and I need your help

Naming a fund is a real chore, and I need your help. In my experience, fund management firms have two main different options for fund naming. They can name after themselves, or use some slightly esoteric words that describes their “values”. Examples of the first abound - Soros, Rokos, Balyasny are just a few. Of the second, we have LTCM, Citadel, Two Sigma, Renaissance Technologies, Global Asset Management are also just a few.

When I had been running the Horseman Global fund for a while, it always amused me to find investors thought the Horseman name was based on our “values” - ie the four Horsemen of the apocalypse. Of course, the firm was named after the founder John Horseman, but it still amused me. I suspect we have Zerohedge to thank for the association.

When I purchased the firm I did rename it to Russell Clark Investment Management. I toyed with names like Coast to Coast Asset Management - which reflects my love of basketball (Coast to Coast is getting a defensive rebound, and then taking the ball all the other way for a score - at least that’s what we called in in the 1990s. I liked this because I would often short companies I used to be long) - but all were either already taken, or had some negative connotations.

As I have being setting up a new fund, I have been asked if I really want to use Horsehead Capital as a name. The pros for me, is that when you get a call from Russell Clark of Horsehead Capital, you are going to know who that is. I also have this belief in the investment strategy is the business strategy - that is my investment philosophy “solves” problems for big allocators. In that way, I like to think that “I am making you an offer you can’t refuse”. Of course, some people think linking yourself to a mafia don is an unwise business move - for me, being associated with one of the greatest movies of all time is fine by me.

So dear readers, I am asking for your help. Please feel free to comment on the idea of Horsehead Capital as a name - either for or against, and even suggest alternative names. The best comment gets a free 6 month access to paid posts. Thanks in advance.

Russell

Discussion about this episode

User's avatar
Robert's avatar

not keen. related names: would prefer Knightsman; Knightshead; Kinsman; Noble something or other.

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Thomas Wollak's avatar

silver horse capital

soul horse capital

sun horse capital

wild horse capital

racehorse capital for the 2xxl fund …

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Mitch's avatar

IMO the only thing that matters is if it pleases you.

You have to look at it and associate with it every day. If that association is positive…..

If you are going fishing for a new name despite the loss of brand- (agree with your take that everyone knows HH)- I’d suggest looking looking at some association/ inspiration for your re-emergence.

If you are only thinking in commercial terms- hard to beat the brand which was built.

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knutsel's avatar

4ME (you say it a lot) Capital Management

UWOTM8 Investment Advisors

EatCake Strategic Wealth Allocators

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Thomas Wolf's avatar

Last Train Capital…ode to the Monkees or. Rebound Capital… basketball + 2nd coming + your initials 🙂

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Billy Bunter's avatar

What about Kingdon or Donaldo? Would help with the fundraising in the USA.

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Russell Clark's avatar

not sure of the its long term staying power!

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Billy Bunter's avatar

But I bet you had a chuckle 😂

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Ydra's avatar

You also have the Horsehead Nebula - a beautiful giant molecular cloud in the constellation of Orion, within which stars are formed under unimaginable pressures.

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Synchro's avatar

I am a hard no on the “Horsehead” name for your fund. The first image that pop into my head is the dead bloody horsehead left on the guy’s bed in the ‘Godfather’

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BP's avatar

Horsehead reminds me of that iconic scene in the Godfather; not a good mental image. I would avoid the name.

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Hussein Nasser's avatar

Horsehead sounds like you STOLE it from the Godfather as opposed to just being inspried. Not a good look if you ask me...

Why not something like "Thoroughbred Capital" or "Thoroughbred Asset Mgmt" which has some nice connotations of a champion race horse ?

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Quentin Clark's avatar

Khartoum Capital

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Russell Clark's avatar

exotic... can you explain the connection?

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Quentin Clark's avatar

That's the name of the iconic stallion in The Godfather.

Also rhymes with 'doom' 😀

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tonyC_64's avatar

Strong Sudan vibes though

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Russell Clark's avatar

very strong

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Quentin Clark's avatar

Hard to get past those Sudan vibes

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Quentin Clark's avatar

Khartoum's Head Capital?

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Steve Barth's avatar

First reaction was The Godfather

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ND's avatar

Galloping Capital

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Yuri's avatar

I don’t speak Greek but the logo (chess knight) made me think of Troy, the horse, etc … so I would suggest Protome … its definition extends to a decapitated animal head, which may work as a side reference to the Godfather too

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DeepBlue's avatar

Knowing your Substack it's easy mate!

It has to be either GATTACA CAPITAL, or SWIMBACK CAPITAL.

Like you said, you live by it.

It is going to be your last fund, you either have enough in the tank for the way back, or your don't.

Good Luck

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Russell Clark's avatar

Not bad options! But I think Brumby Capital has a emotional connection I quite like too.

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DeepBlue's avatar

Thought in this hemisphere few would know what it is, and it's too close to Brummy raising questions - "what did he mean?"

Whereas the others glide past and roll off the tongue.

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John Neil's avatar

Russell just stick with the name. Brand recognition

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Arkangel's avatar

I don’t like horsehead it invokes images of waking up in bed next to one. If the quality of the name being instantly recognisable is key try Horsedick :) But in reality you want the feeling to be one of confidence and security so perhaps Arkangel :)

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Russell Clark's avatar

There is a lot to unpack in this comment!

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Arkangel's avatar

Yeah was just trying to be helpful :)

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Arkangel's avatar

In reference to that, and your work, I would encourage you to consider that we are all striving upwards to some form of imagined greatness of character, some higher purpose, some greater truth. That is called Nobility. Not to be confused with Royalty. Nobility is that very thing we all admire and are prepared to work towards. It is the high ground.

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Arkangel's avatar

Combining the two (just for fun) Noble Steed 🕺

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Alonzodavilla's avatar

Uhm.. Horsehead sounds a bit like a dead horse head on a wall… if you like horse, for your style i would tend to prefer: DarkHorse or Steedway

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Shawn's avatar

Bad. My first connection was the horse head scene in Godfather.

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Peter Obermeyer's avatar

I agree with others that Horsehead is a little bloody. How about Equisetum Capital? Horses got me thinking about the plant horsetail, latin name is Equisetum - ancient, super cool patterning, and some interesting history. May be a little obscure re: the biz model, but could make an argument you are solving an ancient problem or providing staying power. Not taken as far as I can tell... https://en.wikipedia.org/wiki/Equisetum

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Rajiv's avatar

I think a translated version of "horse's head" mitigates many of the negatives. Capdecal (romanian) Investments is the best i could find. I think sticking with a horse theme for continuation is not bad, perhaps a horse name from mythology or fiction. Many have already been taken of course

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Russell Clark's avatar

I have considered Bucephalus - and also a Japanese version of Horsehead - Matou - but I think I am moving towards Brumby - which is an Australian wild horse - and the name of my local rugby team growing up

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Steve Barth's avatar

All kind of cool words that Aussies use. I like brumby. Could consider animals. I also thought mantis capital was nice.

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HWE's avatar

Love it.

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Fedor's avatar

How about Shadowfax? Lord of all horses. You can be like Gandalf….QE plunged you into the abyss. Now you are the White Rider!

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Russell Clark's avatar

I like the name... but I am not sure about "shadow" for a hedge fund...

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Fedor's avatar

True…but you can’t find the light without the darkness

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RB23's avatar

First thought was the godfather scene (which isn’t necessarily a bad thing) but just what came to mind.

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Russell Clark's avatar

I like that connection - but Horsehead seems to have too many other bad connections

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philip88's avatar

Horsehead holdings....

Bad memories about this one.

The bond holders ( hedge fund ) through some shenanigans have managed to bankrupt the company and defraud the shareholders..

I will avoid!

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Russell Clark's avatar

will do

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Carlos's avatar

How about a different chess piece; Rook Capital??

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Russell Clark's avatar

been done

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Carlos's avatar

Yeah. It's tough to find something that hasn't already been done using English words. How about French words related to your theme that are easy to pronounce in English:

Voltige Capital

Pari Noble Capital

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AS's avatar

Bad name

First thought it kicked up was horse's ass which is not so positive

Second one was the way carriage horse's wear blinders which may be even worse

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Russell Clark's avatar

Think I will can Horsehead

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Marc Rubinstein's avatar

Have you seen The Offer drama series about the making of The Godfather? A fun watch.

Also, Mohnish Pabrai and Guy Spier lost a lot of money on Horsehead. Not great.

The Lansdowne approach was to name the firm after your street (hence Gladstone Management)

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Russell Clark's avatar

Location is the third most popular choices for name - Pershing Square, Bronte, Lansdowne to name a few...

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Matt's avatar

As Steve and Devo noted below I also had a Godfather first reaction! If you want to use Horse at the beginning perhaps Horsepower (good strength connotations) or Horserace (some how feels apt in markets today) would be better, though they may have been used before.

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A8's avatar

i would think using your name, like "russell clark partners/investments" or "r clark partners/investments" would seem more effective b/c you've already built up a great track record/credibility and allocators would recognize you right away when reading your material. horsehead capital? not so much.

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Kevin Cousins's avatar

Horsehead Corp was a US-listed zinc play, went into Ch11 in about 2016, ordinary shareholders got screwed by the debt holders.

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Russell Clark's avatar

I see it on Bloomberg - so not good. I have also discovered it can be slang for bad meat... so will find another name I think

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Alan's avatar

Claude suggested, Downslope Capital. I kind of like that

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Michael Lipman's avatar

OK - I cheated so maybe if you use one of these give Elon a subscription LOL

Given Russell Clark’s short-biased approach, preference for labor over capital, and lean toward gold over bonds, the name should reflect a contrarian, gritty, and value-driven ethos. Here are some tailored suggestions:

1. **Bearforge Capital** - "Bear" for the short bias, "forge" for crafting value through labor, with a rugged, metallic nod to gold.

2. **Giltshadow Fund** - "Gilt" ties to gold, "shadow" hints at thriving in the downside, a contrarian twist.

3. **Ironhand Partners** - Emphasizes labor’s strength (hand) and durability (iron), with a subtle gold-adjacent feel.

4. **Aurum Drift** - "Aurum" (Latin for gold) paired with "drift" suggests a deliberate move against the bond-heavy current.

5. **Slatevein Capital** - "Slate" for a hard, grounded base (labor), "vein" for the gold running through it, quietly defiant.

These lean into his philosophy—shorting the fluff, betting on the real, and favoring the tangible over the paper chase. Does one resonate, or want to tweak the vibe further?

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Russell Clark's avatar

Interesting... they have a real "Elden Ring" vibe to them. Someone else suggested using Chat GPT for name ideas as well

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Michael Lipman's avatar

Yes - refine it by adding your fund goals, long term positions, vibes etc. see how it works. I used Grok3

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Devo Brown's avatar

After watching The Godfather maybe not:) Cavalry Capital?

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Russell Clark's avatar

Good idea - but there are alot of Cavalry Capitals out there already

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Devo Brown's avatar

Not worth the copyright infringement!

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