Client Portals

John Osbon's posts

Weekly Articles by Osbon Capital Management:

Demographics Are Fundamental To Investing

Check the basics on the people behind your portfolio

Nov 20, 2019 - John Osbon ( 5 mins to read)

Andy Kessler wrote a great WSJ article on Monday about China and demographics, called “Old Age Will Put China To Rest”. It made me remember how excited we were at Morgan Stanley 35 years ago when we started to collect demographic data outside the United States. Today, in 2019, our access to demographic data has grown exponentially. It's important we use it. Better Data Access Demographic data...

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Atomic Habits for Investors

Bit by Bit by Bit

Nov 12, 2019 - John Osbon ( 5 mins to read)

I read James Clear’s Atomic Habits last week. It got me thinking about how our performance as investors can be greatly affected by our habits — both our ability to adopt (and sustain) good ones and to break bad ones. Clear’s premise is very compelling; he suggests when we can get down to the atomic level in our thoughts and actions, we can control our habits and produce the results we desire. S...

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When You Are Acquired: The Three R’s To Consider

Nov 6, 2019 - John Osbon ( 4 mins to read)

More than 200 Massachusetts companies have been acquired so far this year. Almost all were privately held. When you are acquired, it’s not just a life-changing liquidity event, it’s validation of your business model and a hard-earned reward for your ideas and long hours. In the big deal, you’ll receive cash, stock and/or incentives to continue working. Then what? Based on my 30 years working wi...

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The Go-To-Market Economy

Go-To-Market companies keep our economy growing

Oct 30, 2019 - John Osbon ( 7 mins to read)

What exactly is a go-to-market (GTM) company? A GTM company is intensely focused on creating new and innovative strategies to attract new customers. Rather than building new technology or new service models these companies don’t have to have the latest and greatest offering to attract new business. In order to be viable, they have to have a reasonable path to profitability, typically by achievi...

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Consensus Is Rare

Disagreement is essential for functional markets

Oct 15, 2019 - John Osbon ( 5 mins to read)

It’s difficult to get a broad idea across in one headline. When it is done in the investment media, the bias almost always skews negative, mostly for dramatic effect. If all indicators were bad, everyone would want to sell and there would be no buyers. With positive consensus, on the other hand, there would be no sellers. A broad and balanced take on the market, with both positives and negative...

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A Sample Of One – Politics and Investing

What The Markets Don’t Care About

Oct 2, 2019 - John Osbon ( 6 mins to read)

For the second time in twenty years, talk of impeachment is in the air. Like last time, impeachment probably will happen, likely followed quickly by acquittal. The whole show could be over by the end of the year, according to the Speaker of the House. The markets have greeted this news with a giant yawn. Why isn't impeachment more of an event for markets? What are markets saying about the curre...

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Investment Anniversaries: What We Can Learn from Historic Days

Sep 18, 2019 - John Osbon ( 4 mins to read)

Not all investment days are created equal. There’s something about the start of Fall today that brings anniversaries to mind. Many people believe August, September and October are cursed times to invest, that stock plunges are inevitable and imminent. A closer look shows that important anniversaries are spread randomly throughout the year; surges and crashes know no calendar. Let’s take a close...

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MIT Engineers Football

Sep 3, 2019 - John Osbon ( < 1 minute to read)

As we turn the corner into the fall season, an important New England fall tradition is the college football game. This Saturday, the MIT Engineers will play against Carnegie Mellon at the Henry G. Steinbrenner '27 Stadium and Roberts Field. Since 2010, the MIT Engineers football team has had 5 winning seasons. In 2014, the team won its first conference title and made it to the second round of the Division III national tournament. During the 2018 season, the Engineers' 9-2 season ended in a...

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100-Year Bonds for the United States

Better to Issue Than to Own

Sep 3, 2019 - John Osbon ( 5 mins to read)

The US Treasury has been considering issuing 100-year bonds for some time. Based on recent comments by the US Treasury Secretary this may actually happen this year. These are unusual monetary times that allow the government to lower its financing costs. But what are the implications for US individual investors? Do bonds due in 2120 make sense for you? Current long-term rates in the US For exp...

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