How Kurush Mistry Balances Analytics With Intuition

There’s a good chance you won’t get far these days by ignoring the fact that algorithms and analytics can often dominate decision-making — which makes seasoned energy analyst Kurush Mistry’s nuanced approach all the more impressive. Yes, he’s mastered the use of data-driven tools to deal with complex markets. But for Mistry, numbers alone aren’t enough. His success comes from blending analytics with intuition, experience, and an understanding of the human element — a balance he believes is essential for making informed decisions and leading effectively.

Mistry readily acknowledges that over the past decade, the availability of alternative data sources has transformed the energy sector. From satellite imagery tracking oil inventory levels to mobility data monitoring travel patterns, these tools have given analysts like Mistry unprecedented access to real-time information.

alternative data, let's say, in the last five to seven years, partly because of the availability of new technology satellites and the ability of companies or providers to process it,” he explains. “But also I think the real impetus came from when we were in the immediate aftermath of the outbreak of COVID, and at that point, traditional things — not all, but many of the traditional ways of looking at things — had to be put aside for a bit because it was just so new and we had to rely on things which we hadn't in the past.”

Kurush Mistry believes intuition is developed through years of observing markets and understanding human behavior. On the trading floor, where decisions often need to be made quickly, this instinct can make the difference between seizing an opportunity and missing it.

This interplay between data and intuition is at the heart of Mistry’s approach. He sees them not as opposing forces but as complementary tools.

For Mistry, the human element extends beyond intuition. He emphasizes the importance of collaboration and interpersonal relationships, especially in environments where data can sometimes feel impersonal. On trading floors, he has cultivated a culture of teamwork, where analysts and traders work together to refine models and make more informed decisions.

This collaborative process is particularly important when working across global teams. Mistry notes that understanding cultural differences and encouraging open communication are critical for ensuring that diverse perspectives are heard and incorporated into decision-making.

As a mentor, Kurush Mistry is dedicated to helping junior analysts develop their technical skills and ability to think critically. While proficiency in tools or data visualization software is essential, he believes that true expertise comes from learning to interpret data through a human lens.

The transition from oil to renewable fuels has brought new challenges for Kurush Mistry and his team. Unlike oil, which has decades of established data, renewable markets are still developing, with many unknowns. This makes the need for a balanced approach even more critical.

Mistry’s ability to balance analytics with the human element has also shaped his leadership style. He views data as a tool to empower his team, rather than a replacement for human expertise. And he never discounts the human element.

. “But a creative environment is one of collaboration. It's also one of osmosis. I would be standing at my desk and I'd hear someone say something three or four desks away, and I'd just catch that. And then I'd go over to them and start a conversation.