Objectives and Services
Financial Education
The Impartial Lens publication provides readers and subscribers, with a wide range of investment insights, thoughts, and ideas. Our goal is to provide consistently reliable, actionable, and profitable advice. At the same time, our posts and articles will keep you the investor aware of the circumstances and situations that may affect your money and your investments.
The average person has just one source of income, their labor. You work for someone, and you expect to get paid. The average wealthy person has seven different sources of income, labor being just one. The other sources are; owning a small business, property and rental income, passive income sources, like dividend income from financial investments, capital gains from stock appreciation, interest income from bonds and debt instruments, royalties from products, services, processes or licenses, and side hustles.
The veil that separates the average person from these different sources of income is very thin. The only difference is your financial education.
“I never let my schooling get in the way of my education” – Mark Twain.
Sadly, you probably never received financial education in your time in school. However, with the proliferation of the internet, since 2006, the amount of collective knowledge uploaded to the internet on a daily basis is staggering. Your financial education is at your fingertips; you just need to know where to look.
We at the Impartial Lens realize that your time is your most precious commodity, so we will not waste your time. We will provide a source of financial and investment education for the beginner to the seasoned investor.
We will help provide you with the resources, knowledge, and confidence that will enable you to save and grow your wealth. If you are a investor and have accumulated wealth, we will help you protect that wealth.
The success of the has come from never forgetting the basics, patience, discepline and well thought out portfolio construction.
Portfolio Construction
Successful investing boils down to one thing, stacking the odds in your favor.
Professional investors call this discipline risk management. It requires thoughtful consideration of the many aspects that influence the markets, and all at the same time. If you want to be successful, you have to be aware of what is going on, and you have to willing to think differently about what you observe. You will need to stand apart from the average investor to be a superior investor.
Successful investing is a combination of intuition and intellect.
Intuition is your ability to read and evaluate the markets and market participants. It is your sense of knowing where you are in the current cycle intuitively. It is your understanding of the behavioral and psychological forces acting upon the markets.
Intellect relates to your ability to analyze your risk in potential investments, both in value and quality, in other words, at what price? Intellect encourages you to be disciplined, to act mechanically, methodically, and unemotionally, when managing your portfolio. 50 % of your investment success or failure will come from correctly managing your portfolio.
The combination or intition and intellect will give you patience and allow you to set rational and reasonable expectations. Being patient, staying calm, and being unemotional, goes hand-in-hand with the quality of your financial education. Most of the errors in investing are errors of emotion and psychology. You have to resist the emotional pull of the markets, or you will not outperform.
The Holy Grail for any investor is to accumulate a core of the highest quality assets, at the right price, and allow the magic of compounding do its work. You get rich slowely. and then all of a sudden.
Our investment approach is intutitive and adaptive, while the management of our portfolios is fixed and mechanical.
Objective and Unbiased
We as writers, economists, and investors try to remain impartial to the latest news coming from the media, the central bankers, and the politicans. Quite often the latest news, tweet, analysis, or press release is derived or contrived, wittingly or unwittingly, innocently or maliciously, from a particular ideology. It is a terrible nuisance and mostly it’s noise.
We have all witnessed the misallocations of capital, manipulation, financial repression, distortions, the growth in income equaility, the intended and unintended consequences over the last decade or two. Impartial investors have benefitted, some have lost, and some have been wiped-out. It is our mission to root out fact from fiction when it comes to deploying capital and present it to you as raw as possible.
We don’t have any political beliefs, hopes, nor desires above laissez faire.
We avoid partisan politics and media hype in our analysis. We are neither for or against any political party, right, left, or center. We are A-political and never tell people how to vote, how to think, or how to act. We have but one comittment and that comittment is to growing and protecting the wealth of our readers and subscribers.
2020 has changed investing forever, it has been brought it to a whole different level. The vast majority of participants in the market today will have never experienced anything like this before. Perhaps, one or two of the giants of the industry have felt anything similar to what we are living, perhape during WW2. It is affecting every asset class, every corporation, every business, and every individual alive.
There will be no returning to “normal”. However, our recencey bias will hold us in denial for longer than we should allow it to. When events like this take place society fundamentally changes as it has many times before. It will take a generation to forget about what is currently happening.
We’ve been on this planet for over half a century, participate in the financial markets longer that we care to mention. We’ve witnessed and lived through several major cycles. The end of Bretton woods in 1971 and chaos that ensued globally. We’ve witnessed the stagflation of the 1970’s and early 80’s. The very bottom of the markets in 1982 for stocks and 1981 in bonds. The asian currency crisis in 87…
As far back as 2013, our innagureal newsletter, we said that we would experience what we are experiencing now. The asset price inflastion and income inequality, The rise of Trump and the demise of Clinton. The supression of interest rates an printing of money. The military build out and the phobias about Russian and then China. The US energy independance and the sanctions of its rivals.. From currency wars to the trade wars. From the war on Covid to the war on the streets.
We accept everything for what it is, not the way we would like it to be.
Premium Services
The Impartial Lens monthly investment news-letter provides our subscribers with actionable investment recommendations. We believe that the best person to make decisions about your money is you. We are here to assist you in making those informed and educated financal decisions
We will participate in a wide range of investment themes and ideas, from all corners of the markets. We will search for the most favourable market trends, with the most influential economic forces, those currently in play and those on the horizon. We will look for value and income from the world’s best and most dominant business.
We seek to own productive assets, businesses that are capital efficient and well managed, businesses that are geopolitically diversified and have exposure to currency diversification. Global businesses that have “economic goodwill”. Global real estate that is income-producing. We view both the technology and the pharmaceutical industries as catalysts for change and are prepared to participate in future growth.
We are contrarian in nature, so when we see distortions, misallocations and fraud in the markets, we will no be afraid to speculate, when the odds are overwhelimgly stacked in our favor.
The world has entered a ctrange period, the only thing comparable to the current crisis is that of WW2. Like WW2 the world will witness an enermous transfer of wealth. We will position our portfolios to be recepient of the wealth and not a victm of the changes taiking place.