Bloomberg Terminal to Foremost Road America: An Interview With Amber Lancaster
Charles’ Word: Right this moment I’m happy to introduce you to Amber Lancaster, one in every of our prime funding specialists and the right-hand analyst for Ian King.
Amber has over 20 years of expertise within the monetary analysis world. That features her time at Bloomberg as each an information analyst and a workforce chief. She’s additionally labored at premier monetary analysis publications, equivalent to Weiss Analysis and Daring Earnings Publishing.
I not too long ago sat down with Amber so you may get to know her — and her investing type.
Take a look at the complete interview under…
Charles Sizemore: Welcome, Amber! To kick off this “attending to know you” interview, I believed readers would possibly like to listen to about your background.
So please, inform us about your self…
Amber Lancaster: Thanks very a lot, Charles!
Effectively, I used to be born and raised in New Jersey, however I now name Florida residence.
Throughout my senior 12 months of highschool, I used to be honored to be named an Edward J. Bloustein Distinguished Scholar. This was an award granted to New Jersey highschool college students who ranked within the prime three of their graduating class.
On the time, award recipients obtained full scholarships to attend most faculties and universities within the state of New Jersey. So I used to be courted by many faculties and selected one to attend. I graduated with a bachelor’s diploma in economics.
I later enrolled in graduate college right here in Florida. I earned a Grasp of Enterprise Administration diploma with a focus in finance.
Charles: Fairly a powerful early resume. So, you’re skilled as an economist. However what drew you to investing?
Amber: Are you able to consider it was a school biology class? Let me again up…
I used to be a school sophomore sitting in an honors biology class. Right now, I wasn’t fairly sure of my faculty main.
I distinctly bear in mind the professor saying: “For right this moment’s lecture, we’re going to observe a debate between a biologist and an economist.”
As soon as the talk started, I listened intently to the dialogue. I used to be enraptured with each phrase the economist mentioned.
I believed: I actually like what this economist is saying. They’re talking my language!
That night I took out my faculty syllabus. I flipped to the again of the syllabus to the index and searched below “E” for economics.
All I can say is the remainder is historical past. Quickly after, I grew to become an economics main.
However what introduced me to investing was once I first received began in my profession. Simply earlier than commencement, I interviewed for an information analyst place at Bloomberg L.P. I went to the interview within the morning and was employed by the afternoon.
Working at Bloomberg is the place I caught the inventory market investing bug. Throughout my profession there, I used to be promoted to workforce chief in its mounted revenue division. My workforce and I had been accountable for a broad vary of analysis actions. And whereas doing all that analysis, I couldn’t assist however apply it to my very own brokerage account.
Bloomberg set me up for all times within the investing world. However nowadays, I’ve determined to spend my time serving to Foremost Road buyers somewhat than Wall Road…
Charles: I used to be nearly to ask: What introduced you to Banyan Hill?
Amber: Effectively, whereas I used to be working at Bloomberg, my mother introduced she was retiring as a social employee and shifting to Florida. So I had to select: keep in New Jersey or relocate to Florida.
Effectively, I like my mother. My dad had handed earlier in my life, and he or she’s my best possible pal. It was a no brainer for me. Florida, right here I come.
My first job in Florida was with one probably the most distinguished monetary publishers within the U.S., Weiss Analysis. There I led a workforce of analysis analysts overseeing monetary and funding analysis. We researched shares and market themes all through the 2000s. That included the 2008 monetary disaster and the next bull market. I’ve been steeped in all issues investing by all forms of market situations.
After a few years, Weiss Analysis was acquired by Banyan Hill Publishing. I met with the CEO and was employed as a senior analysis supervisor. From there, I used to be named director of funding analysis.
Charles: So what’s one key lesson you’ve discovered as an investor that you just’ll deliver to Banyan Edge readers?
Amber: One laborious lesson I needed to be taught was based mostly on the very first shares I bought in 1999.
I known as my dealer and I needed all-in on expertise shares. I felt on the time that there was a serious shift occurring in communications — and particularly in how we purchased our items.
Within the mid-Nineteen Nineties, my mother and I bought our first cellphones: Motorolas. It was a complete new world of speaking for us. We had been satisfied cell phones had been the longer term.
No have to search for a phone sales space when out and about. These days had been over. I knew I needed to be invested on this rising expertise.
So in 1999, I owned shares in corporations like Motorola, Amazon.com, eBay.com, eToys.com and theGlobe.com. However then, as you understand, in March of 2000, all of it got here crashing down when the dot-com bubble burst.
If I had recognized then what I do know now, I wouldn’t have offered my shares in a panic. Sure, a few of these dot-com shares I owned had been empty vessels of corporations, like eToys and theGlobe. However others — like Amazon — had been gold mines within the making.
So my recommendation to Banyan Edge readers is to put money into future-forward corporations which are not science experiments. Search for corporations that make glorious merchandise now and have sound enterprise fashions that generate income.
And most significantly: Spend money on corporations which have future forecasts of accelerating progress and money available. It will assist maintain them liquid and viable as they scale up manufacturing.
Most of my time proper now’s dedicated to uncovering corporations like these with Ian King, as a part of his Strategic Fortunes advisory.
Charles: And once you’re not poring over the Bloomberg terminal and studying business studies, in search of the following large funding thought and mega development, what do you do in your spare time?
Amber: I’m an avid traveler and cruiser. I’ve visited 48 of the 50 U.S. states, together with Alaska and Hawaii. Along with cruising the Caribbean and Pacific, I’ve crossed the Atlantic on a month-long cruise to Europe on the Queen Mary 2. I’ve additionally visited many of the nations within the Mediterranean.
Journey is really a privilege and a complement to life as a result of there’s nothing like seeing a spot in individual. It widens your perspective on life. And it helps you understand there’s an amazing, large numerous world full of fantastic folks and locales.
And if I’m not touring, I’m singing. I’m a skilled soprano classical vocalist. I sang with an opera firm in New Jersey for 5 seasons in productions like Die Fledermaus, Faust and Un Ballo in Maschera. And I’m a usually featured vocalist in oratorios and concert events in South Florida.
Once I’m not singing, I’m poring over all issues automobiles as a result of I’m big gear-head. I’ve beloved automobiles and auto racing since I used to be child, beginning with my first subscription to Motor Development journal.
Charles: Fascinating… You’re an actual renaissance girl, Amber!
And only one extra query, Amber. What’s your final purpose for Banyan Edge readers who take your funding steering?
Amber: That our readers can purchase not simply monetary positive factors, but additionally investing information.
Information is energy. And there’s no higher feeling than being empowered to make sound investing choices that profit you and your family members’ monetary future.
Charles: Thanks for sharing that! Are you able to inform our readers how they’ll get in touch with you in the event that they need to want you a heat welcome or ask any questions?
Amber: Sure, you may comply with me on Twitter @ALancasterGuru. There I intention to submit my takes on the newest inventory information relating to future-forward investing.
Charles: Sounds good. Thanks for taking a while to reply my questions right this moment, Amber.
Charles right here… Ensure to observe for Amber in The Banyan Edge. You received’t need to miss her sharp insights available on the market.
And likewise be sure you hear her ideas within the Banyan Edge Podcast, first episode due out tomorrow afternoon!