How New Constructs Improves the Integrity of the Capital Markets

11 Jun 2026 · 2 min

Watch on YouTube

1:42

In this interview, David Trainer, founder of New Constructs, explains the company’s core mission to enhance capital‑market integrity by providing every investor with a single, reliable measure of profitability – what he calls “one version of the truth.” He asserts that the service consistently generates alpha, and cites client successes, including confidential quant funds such as Two Sigma and Goldman Sachs Asset Management, as well as a large money manager in Pittsburgh who claims the platform saved him millions. Trainer highlights the difficulty of obtaining comparable data without a dedicated analyst team, emphasizing that New Constructs delivers the insight on a “silver platter.” He also points listeners to the testimonial section of newconstructs.com, where individual investors express gratitude for finally having a tool that meets a long‑standing need. The conversation concludes with a reaffirmation of the goal to empower smarter investors and broaden coverage to more companies, thereby further improving market integrity.

The mission from New Constructs for me from the beginning has been to improve the integrity of the capital markets. And you do that by equipping all investors with the one version of the truth about profitability. And we've proven that we have done that. We've proven that it generates alpha. And the next step is to cover more companies and get what we have out there to more people. Fantastic. Fantastic.
And what would you say like one of the biggest successes is over the past year with one of your clients in terms of deploying You know, a lot of our big clients, you know, these big quant funds like Two Sigma and Goldman Sachs Asset Management, they don't tell us.
In fact, they tell us not to even tell anybody that they're clients, right? So, and, you know, professional investors aren't going to tell you. They don't even want you to know that your data is that good because they want to bargain with you about how you should pay less. One of my favorite clients is a big money manager in the Pittsburgh area. You know, he says like, David, I probably shouldn't tell you this, but you saved me millions of dollars. For me to replicate what it is you would do, what it is you do, I'd need to have hundreds of analysts doing nothing but data and technology. And you just, you just give this to me right on a silver platter. And then we've got individual clients as well who write some great testimonials. I encourage anybody who's coming to our website, newconstructs.com, go to the testimonial section, see what people say about us. It's very, very flattering. And many people are just— Yeah. Happy and grateful that we exist because they've gone most of their lives looking for something like what we do and they've never found it. So that's the goal is to empower people to be smarter investors, improve the integrity of the capital markets, George. That's a big thing.