Dejan Ilijevski has over 15 years in the trading/financial services industry. He was a successful trader on Chicago’s Wall Street and an executive for a proprietary trading firm.
Dejan has an MBA from the University of Chicago Booth School of Business (ranked 1st in the U.S. News and World Report “2019 Best Business Schools”), completing part of the curriculum requirements at the school’s campuses in Singapore and London. He also has a Master’s Degree in Computer Science and a Bachelor’s Degree in Chemistry.
Prior to joining Chicago’s “Wall Street”, Dejan worked as a research chemist on diverse projects, including: a novel fuel cell technology; waste-water purification for the International Space Station; metal-coating technology for catalyst adsorption; plastics additives; and adsorbents used in oil processing. He also worked as a database administrator, designing and coding solutions to enterprise-wide system requirements, and quickly developed a successful career spanning research and technology.
Expertise in Capital Markets
In 2002 Dejan was recruited to join a start-up proprietary trading group in Chicago. As a rookie, and consistently for many years thereafter, he was the highest grossing trader in the group, routinely trading over $1 Billion/day and more than 1% of the global daily 10-year US Treasury note volume. He rapidly rose from being a novice to mentoring other traders, and was quickly promoted to an executive.
Early in his trading career Dejan had an “aha” moment when he realized that the professionals couldn’t consistently time the markets or pick securities that outperform. It turned out that the odds of making it as a trader were not only incredibly slim (~95% of those who tried failed), but also those that did succeed found an edge by swing trading market volatility in the short term, rather than trying to outwit the markets in the longer term.
If the professional traders with their state of the art trading platforms, market modeling technology, and news aggregation services aren’t able to consistently outguess the markets, then it didn’t make sense to pay a premium to brokers and investment advisors who tout their supposed skill. Those who claim to be able to “beat” the markets are misleading their clients. And it turns out that decades of data, academic research, and real-world evidence prove this to be the case. Most money managers underperform the benchmarks and a recent study found that only the top 2-3% could cover their cost (check out the Learn More section). Similarly the track record of the so called market gurus touted on the financial news media is worse than a flip of a coin.
Unfortunately, speculation and other Wall Street gimmicks–like stock picking and market timing–happen to generate high fees and commissions, which means that investors will continue to be sold that nonsense. The industry as a whole has been slow to move toward a fiduciary standard of care in which all licensed financial professionals legally must give advice that is in their clients’ best interest.
For many years Dejan advised his friends and family on investing by emphasizing discipline, reality-proven principles, and financial science. He established Sabela Capital Markets in order to provide clients the same fiduciary standard of care and a refreshing alternative to the conventional approach to investing.
After earning his MBA, he left the trading industry to fulfill his longstanding goal of starting an independent fiduciary investment services firm based on integrity, transparency, and financial science.