Why Leh

We believe one of the most significant challenges in society today stems from monetary policies, such as quantitative easing (QE) and money printing. These discretionary policies implemented by the Federal Reserve (FED), the U.S. Department of the Treasury, and other governments dilute the value of individuals’ hard-earned savings over time. As a result, people are compelled to learn about investing to protect their wealth, all while managing their full-time jobs. This dynamic leads to a dissipation of societal resources, including individuals’ time and energy.

Real Examples of Savings Dilution Due to Monetary Policy

The house price-to-income ratio reflects how many years of household income are required to purchase a home. As illustrated in the figure below, this ratio has risen significantly over time, meaning families now need to work much longer to afford a home. While house prices have surged, salaries have failed to keep pace. Consequently, homeownership is becoming increasingly challenging and may even become unattainable for the average household in the coming decades.

At Leh, our mission is to help clients build generational wealth. We design portfolios that not only safeguard the value of your hard-earned resources—such as the time and effort invested in your early years—but also enable them to grow and appreciate over time.

The Leh solution

Our approach to achieving generational wealth is based on the following principles:

Long-term investing

We prioritize a long-term perspective, reflecting a low time preference. Building generational wealth requires a sustainable strategy that focuses on long-term growth rather than short-term gains.

Concentrated portfolio
Focus on Technology

We manage a concentrated portfolio instead of a broadly diversified one. This approach allows us to develop a deeper understanding of a few selected assets that appreciate significantly over time. For risk management, we mitigate exposure by acquiring assets at various time points.

Challenging traditional asset management strategies

While traditional strategies, such as the 60/40 portfolio, have historically delivered notable long-term returns, we believe they are insufficient when adjusted for monetary supply (M2) growth. Our research focuses on identifying strategies that outperform M2 growth, ensuring meaningful real returns for our clients.

Our emphasis is on growth, which leads us to prioritize investments in transformative technologies. We invest in technologies that meet the following criteria:
a. Aim to solve significant societal problems
b. Not yet fully understood or widely adopted
c. Have the potential to thrive for at least 10 years