Delphic Strategies works at the intersection of geopolitics, economics, markets, and company analysis — producing advisory and research that treats these as one problem, not four. For decision-makers whose exposures already cross those lines.
A sovereign decision rarely fits inside a single discipline. We read it as a single problem with four legible dimensions — geopolitics, macro, markets, company — and report the parts of the answer that only become visible once they are read together.
Where the question admits of it, we attach probabilities, not adjectives. Where it does not, we say so. Scenario frameworks, base-rate reasoning, and explicit catalyst calendars sit behind the work — visible to clients, never to consensus.
Engagements are scoped to a question a client actually needs answered — a position, a counterparty, an exposure, a thesis under stress. Standing coverage exists where a topic warrants it; off the rack does not.
A single analyst can no longer read enough to be honest about a cross-domain question. The published surface of the four domains we cover — primary documents, secondary commentary, market data, filings, satellite and shipping signal, transcripts — is now beyond what a human reader can hold.
Delphic Strategies treats this as an instrument problem. Frontier AI systems do the work that benefits from scale: continuous monitoring across thousands of sources, cross-domain pattern-matching no individual could hold in working memory, first-pass synthesis at a breadth a desk of analysts could not cover. The principal does the work that does not: framing the question, judging the synthesis, weighting what matters, owning the call.
Coverage that scans the full published surface of a question, not a curated subset.
Live monitoring against tracked catalysts, not periodic reviews.
Cross-domain pattern reading that holds more variables than working memory allows.
The instrument is operationally present; the judgement is not delegated. Reports carry the principal's name because they carry the principal's call.
A non-exhaustive sample of recent mandates and current coverage. Client identities are not disclosed. Full reports sit behind the client terminal.
Two documents that read together. Each is a window into the other; we maintain both for the duration of the crisis.
Five-track probability framework — Deal · Strike · Siege · Salvo · Proxy — updated against a tracked catalyst calendar. Currently in its eightieth day.
The crude balance under each scenario branch: capacity, inventories, flows and routes, OPEC+ posture, sanctions and SPR. What the underlying market can and cannot absorb.
Crisis-specific. Maintained through the inflection and into renormalisation; may continue as periodic coverage thereafter.
Bespoke dossier. Cleanup math against a face-value buyout offer, capital cushion compression, group-holdings monetisation. Branded for a third-party broker.
Single-question dossiers across sovereign credit, sector and company diagnostics, and cross-domain policy reads. Scoped to the actual question; not productised.
Delphic Strategies is a research and advisory practice founded in 2015 by Inachos Lazos — twenty-six years across investment banking and global macro hedge funds. Based in Dubai, with regular presence in London, Athens, and New York.
Clients include institutional investors, family offices, and corporates whose exposures cross more than one domain. Identities are confidential. New engagements by introduction or referral.
About the principal