A Tale of Two Markets – Red Light / Green Light

LGA is constantly evaluating the universe of investment options in both the public and private markets. We continue to see a major disparity in valuations between these two choices. We discuss this disparity below, along with our practical recommendations for clients: Public Markets (Red Light) Private Markets (Green Light) Public Markets (Red Light) We have [...]

By | April 12th, 2017|Investment Strategy|

Animal Spirits (Q1 Mid-Quarter Public Market Update)

 “The thought experiment of Adam Smith correctly takes into account the fact that people rationally pursue their economic interests. Of course they do. But this thought experiment fails to take into account the extent to which people are also guided by noneconomic motivations. And it fails to take into account the extent to which they [...]

By | March 1st, 2017|Investment Strategy|

Lotus Club: Private Investment Update Q1-2017 (Continued Exponential Growth!)

  Lotus Club Program Highlights (90 day progress) 64 Club Members with $0.65 billion of net worth (10 new Members) $30.3 million of private investments ($7.7 million added)* $9.2 million of backlog cash available for new private investments (up $0.8 million) $3.47 million of annual Club cash flow (up $0.8 million) $54K of annual cash flow per Member [...]

By | February 28th, 2017|Investment Strategy, Lotus Club, Private Investments|

The Last Pin Standing

We first began warning clients of market overvaluations nearly three years ago (May 2014). At that point, we began moving tactical clients into more defensive positioning, while reducing expectations among fully invested clients. Since that time, most asset classes have indeed declined, some massively....which we have highlighted in our quarterly blog posts since then. In this [...]

By | January 12th, 2017|Investment Strategy|

US Election – Revolt Against The Elites

Election Musings Regardless of whether one was a Trump, Hillary, or third party supporter, nearly everyone was surprised by Trump's recent electoral college win. Much has been discussed, both logically and emotionally, since that fateful evening...and many have searched for answers. Further, it is difficult to put Trump in either the traditional Republican or Democrat [...]

By | December 1st, 2016|Investment Strategy|

Private Investment Update Q4-2016 (Introducing “Lotus Club”)

A huge 90 days of progress since our last private investment update...and a name change! Introducing:  Lotus Club The Club is a diverse group of individuals with a unifying love for Human Productivity. Our Club finds and solves real world problems, empowering competent and passionate people with our hard-working capital. Whether we are improving health [...]

By | November 29th, 2016|Investment Strategy, Lotus Club, Private Investments|

Impermanence And Pumpkin Pie – Fall Edition

As Autumn beckons and leaves begin to change colors, we are reminded of the balance between light and dark, of letting go, and of the impermanence of things. We are also reminded of upcoming pumpkin pie and spending time at the holidays with family and loved ones. We are going to discuss these two topics [...]

By | October 13th, 2016|Investment Strategy|

Private Investment Update Q3-2016

Our private investment program continues to mature, with new sourcing channels being cultivated and new investors joining in on the benefits. In the past three months, we expanded our sourcing channels by adding four new investment firms to our informal network.  These firms have already each supplied us with 1-2 leads on new investment managers [...]

By | August 31st, 2016|Investment Strategy, Lotus Club, Private Investments|

Seeking Return When Risks Remain High

As we have been discussing for over a year now, US markets are at bubble valuation levels that threaten the third 40-50%+ stock market correction in 15 years time (see Chart I below). We only highlight the major bubble peaks of the last 100 years, while many garden variety 20-30% declines occurred with greater frequency [...]

By | August 31st, 2016|Investment Strategy|

Remaining Calm In A Volatile World

Take a deep breath. Slowly in..........hold..........slowly out. Your body can use the oxygen rich joys of a very deep breathe. The oxygen cleanses your system physically, while the deep breathe also clears your mind. You have had to absorb a lot of turmoil in the last 90 days. There have been documented videos of white [...]

By | July 13th, 2016|Investment Strategy|