Capital management is the efficient deployment of capital. When the moral justice of individualism is combined with objective law, capital flourishes. We invest in capitalism, and we do it efficiently. Profit is the Mother of all Poetic Justice.
Efficiency means that our behavior is guided by America’s entrepreneurial spirit. We create the vision, take calculated risks, minimize potential errors, and objectively measure success. The vision is owned by the investor and begins with their principles for living. Investors give meaning to their future material values.
Calculated risk begins with efficient markets – they maximize the risk and reward dynamic. Yet over-diversification is a traditional advice contradiction that is resolved by the myth of asset allocation. Instead, we own the two big risks conveniently ignored by industry “best practices” – sequence of returns risk and under-performance risk.
At Poetic Justice Capital, we solve three contradictions of the subjective advice model – historical returns, price targets, and market forecasts. Instead, objective performance measurement integrates dollars future wealth, investment strategy, and manager selection for investors to live the one life they have with reason, purpose and pride.