Client Portals

ARTICLES

Written by Max & John Osbon

Weekly Articles by Osbon Capital Management:

Four Months Until the Election

Balancing media, anxieties and patience

Jul 22, 2020 - John Osbon ( 6 mins to read)

We are now less than four months away from the Presidential election on Tuesday, November 3rd. Our nation's challenges with accelerated wealth inequality and climate change are larger than any single party's political agenda. Like the others, this one is likely to be decided quickly, which means we will know the results in the middle of the night.  In chaotic times, the regularity and predictab...

READ MORE ›

Risk On, Risk Off, or Risk Neutral

Where Do We Stand

Jul 15, 2020 - John Osbon ( 6 mins to read)

Earnings season began this week on Tuesday and will continue through August 9th. The peak day is Thursday, July 30th with 286 companies reporting. The next earnings season won't be until mid-October. Due to COVID, this quarter stands out as the most opaque, non-indicative earnings season ever. Risk on, risk off is no longer an adequate description for guiding investors during a pandemic. Here a...

READ MORE ›

Data Is Acknowledged In Prices, Not Yet In News

Jul 7, 2020 - Max Osbon ( 5 mins to read)

Yuval Noah Harari is well known for his 2011 book, “Sapiens”. It’s a must read for everyone, regardless of their career or backgrounds, as it gives a thoughtful and thoroughly researched background on our civilization’s progress to date. His latest book, “21 Lessons for the 21st Century (2018)”, offers insights on how the information age is shaping our society. Unsurprisingly, the theme of “big...

READ MORE ›

A Message of Unity

Independence Day 2020

Jun 30, 2020 - John Osbon ( < 1 minute to read)

For this July 4th on Saturday we are sending out a picture of the various American Flags that have existed throughout the founding of our country. You can see how the stars and stripes have changed in number and design. These flags are a reminder that our country has changed a great deal in 244 years, and will continue to change as we progress forward. How many American flags have there been? 27 Since the founding of the United States…

READ MORE ›

Mid Year Temperature Check for Today

Looking Ahead to the 2nd Half of the Year

Jun 24, 2020 - John Osbon ( 7 mins to read)

We continue to get mixed news on the market, the economy and the pandemic. Growth stocks are hitting new highs. The US economy is bouncing off the bottom. The pandemic is under control in Massachusetts and out of control in Arizona, Florida, and Texas. What are investor options as we head into the second half of the year? Focus on growth Growth stocks are the clear winners and leaders during ...

READ MORE ›

It’s Always A Good Time To Invest In The Future

Jun 16, 2020 - Max Osbon ( 9 mins to read)

2020 has reminded us that change is a constant in life. Change often brings an unpleasant jolt to our nerves. The good news is that we are all adaptable and creative by nature. The more you lean into the future, the easier it is to see the ways that innovation flows around challenges and always seems to find a way to bring us forward, onward and upward. In investing, this applies to the continu...

READ MORE ›

Investing During Times of Unrest

The Investment Impact of Riots and Looting

Jun 10, 2020 - John Osbon ( 7 mins to read)

I first became aware of the riots, looting and cities on fire in the Sixties as a teenager in suburban New Jersey. It was very scary then, just as it is scary now. The cause of the unrest then was racial and financial, with an additional anti-war flavor due to Vietnam. I could not make any sense of the destruction. Clearly, going into any big city was a bad idea. Fifty plus years later the same...

READ MORE ›

A Plan That Works For The Future

Liability Driven Investing At Work

Jun 3, 2020 - Max Osbon ( 6 mins to read)

Traditional solutions in investment management often start with client questionnaires that try to identify risk preference. The result may include something along the lines of, “I’m a risk taker” or “I’m a risk avoider”. That process, as common as it is, has little relevance to the true needs of a family investment strategy. When an expense is essential, you avoid risk in order to know that you...

READ MORE ›

The New Cold War With China

A different kind of war

May 27, 2020 - John Osbon ( 8 mins to read)

The first Cold War was between the United States and the Soviet Union and it lasted from 1947 to 1991. The Next Cold War, also known as the New Cold War, has various starting points. At the earliest, one could say it started with President Nixon’s visit to China in 1972. Or it started the year China was admitted to the World Trade Organization (2001). Or the year China stopped pegging its curre...

READ MORE ›