Cyrus joined 13D in 2021. He leads the firm’s research in geopolitics and contributes to 13D’s global macro research and strategy.

Today, geopolitics plays a critical role in any macro investor’s toolkit. The geopolitical and geoeconomic changes that are under way underpin the structural foundation for many, if not all, of 13D’s High Conviction Ideas.

For investors, the most relevant questions are: What will the new world order look like? How will the transition unfold? Where will the best investment opportunities arise? As in every early stage of a regime shift, great opportunity awaits.

Cyrus’s geopolitical analysis strips out the propaganda, mainstream narratives, ubiquitous groupthink and seeks to identify long-term geopolitical trends that will affect global markets and long-term investment themes.

In November 2022, he authored 13D’s whitepaper “The Emerging Multipolar World Order and Its Investment Implications.” The paper provides a foundational framework for many of 13D’s core themes such as precious metals, energy, commodities and critical minerals.

A summary of some of Cyrus’s most forward-looking insights include:

• On March 10, 2022, Cyrus outlined for the first time, as well as in subsequent articles, the geopolitical and investment implications of the 5,000-word Joint Statement signed between Moscow and Beijing. At the time, he was a lone voice in a sea of media headlines predicting Russia’s impending collapse and reasons why the Sino-Russian alliance would splinter.
• In March 2022, Cyrus warned of the growing convergence between Russia, China and Iran. He argued that while differences between them exist, they are bound by a common cause of achieving greater self-reliance and reducing their dependence on the dollar.
• In March 2022, following the freezing of Russia’s foreign exchange reserves, Cyrus argued this would accelerate a rotation by central banks into gold. Since then, gold has risen over 130%, in part due to growing central bank demand.
• In April 2024, he warned that the risk of war with Iran was growing. He wrote to clients that while the U.S. would fight the war on the battlefield, Iran would fight the war via the Treasury market and the gold price. Since then, gold has risen over 100% and Treasury yields rose after the war started.
• In January 2025, in an article titled “Is Iran next?”he warned that war with Iran was approaching. When war did finally break out, he wrote to clients on March 5, 2026 that the U.S. had made a miscalculation. This was followed by an article on March 12 titled “the market consensus of the war being “a short-term excursion” is wrong.”
• On June 25, 2026, Cyrus wrote an article arguing that the sell-off in oil was over-done. Crude bottomed on July 6 and through September 1 had risen over 30%.

***

Cyrus graduated from the University of Oxford with a First Class degree in History and Modern Languages, specialising in the Middle East. At Oxford, he was awarded an Academic scholarship.