Chapados Couture Capital is an emerging Montreal-based quantitative portfolio manager of factor-based equity strategies and option-based alternative premium strategies. We find systematic opportunities to earn sustainable return premiums for bearing acceptable and well-quantified investment risks. The subtleties between the Art and the Science of modelling capital market returns have been a core preoccupation of C3’s co-founders, stemming from a more than decade-old research collaboration. This means a constant desire to learn and improve on the latest quantitative forecasting methodologies, as much as a fascination with small-sample low-frequency scenario analyses.