Lumen Global & R4A Insights

The AI Capex Arithmetic — Promise and Paradox

The scale of the coming AI infrastructure buildout is unprecedented.

Oct 24 • 

Lumen Global Investments (R4A)

The Arithmetic of Tariffs and Their Impact on Inflation

Subdued inflation as producers absorbed the costs through lower labour expenses and profits, but ultimately, prices will rise, hurting consumers, with…

Oct 22 • 

Lumen Global Investments (R4A)

The Mighty Dollar, Again!

“The US Dollar is our currency, but it’s your problem.” ~ John Connally, Secretary of the Treasury of President R. Nixon, G10 Meeting, Rome, Italy 1971

Oct 21 • 

Lumen Global Investments (R4A)

September 2025

The Private Equity Illusion: Revisiting Risks, Returns, and Realities

🐦‍🔥A new and important whitepaper has just been published by Simon Nocera, Founder, Managing Partner, and CEO of Lumen Global Investments!

Sep 4 • 

Lumen Global Investments (R4A)

March 2025

The Evolution of Active Management: From Stock Picking to Active Asset Allocation

Shifting towards constructing efficient, risk-adjusted, and dynamically managed portfolios

Mar 21 • 

Lumen Global Investments (R4A)

February 2025

What Drives American Exceptional Stock Performances in the Past 5 Years?

Using Lumen R4A to screen and build a high-quality stock portfolio

Feb 21 • 

Lumen Global Investments (R4A)

January 2025

Missing the Forest (Sovereign Debts) For the Tree (Trump’s Policies)

Lumen R4A Long-Term Capital Market Assumptions

Jan 21 • 

Lumen Global Investments (R4A)

3

2

R4A Definition of Predefined Investment Strategies

Objectives, Risk, and Composition

Jan 20 • 

Lumen Global Investments (R4A)

November 2024

Equity Multiples: Myths, Mania and Alchemy

A valuation riddle … wrapped in a mean reversion mystery … inside an accounting enigma

Nov 19, 2024 • 

Lumen Global Investments (R4A)

September 2024

A Comprehensive Assessment of an Investor’s Risk Profile by Lumen R4A

A Multi-Efficiency Frontiers Approach

Sep 16, 2024 • 

Lumen Global Investments (R4A)

July 2024

Ranking of Regional Markets and World Sectors Applying the Residual Income Model and the Market Implied Expected Returns/Cost of Equity…

Ranked by Intrinsic Valuation

Jul 2, 2024 • 

Lumen Global Investments (R4A)

May 2024

Lumen Model Universes: Strategies Aligned with Unique Investment Goals

The starting point of Lumen’s portfolio construction and asset allocation process is to help investors clearly define their investment objective (or…

May 24, 2024 • 

Lumen Global Investments (R4A)