“If it’s good, it’s all good. We’re great. But if it’s bad, it’s really, really, really bad.” That was Meta CFO Susan Li’s warning about the company’s AI investment, as recalled by Chief AI Officer Alexandr Wang (29) on a recent episode of
We have written quite a bit about artificial intelligence, mostly because we believe the excitement surrounding it is justified. We are talking about how we all work will change, not necessarily the valuations being placed on the companies developing it. The capabilities continue to improve at a pace that surprises
Woburn, MA—September 1, 2026— Auour Investments announced today it has been named to the celebrated PSN Top Guns List of best-performing separate accounts, managed accounts, and managed ETF strategies for Q2 2026. The highly anticipated list, published by YCharts, remains one of the most important references for investors
Boston, MA — August 31, 2026 — Auour Investments, LLC (“Auour”) announced today that its Instinct investment strategies are now available to Ameritas financial professionals through the Envestnet platform, expanding access to Auour’s risk-aware investment solutions. Auour’s Instinct strategies are designed around the belief that successful long-term investing
Complex problems rarely have simple solutions. Yet we are constantly encouraged to believe they do. Inflation rises? Raise interest rates. A war begins? Negotiate peace. Economic growth slows? Stimulate demand. Markets become volatile? Wait for the Fed to cut rates. Simple answers are comforting because they suggest the uncertainty will
Four years ago, we published a white paper titled A Changing Monetary Regime. At the time, inflation was widely viewed as a temporary consequence of the pandemic, and many investors believed interest rates would eventually return to the extraordinarily low levels that had defined the previous decade. Our view was
Every so often, we come across a podcast that is worth sharing. The legendary Jeremy Grantham of GMO was interviewed on Bloomberg's Odd Lots podcast. Whether you agree with all of his conclusions or not, we would encourage you to spend an hour with the discussion. We found
There is a phrase we have used over the decades: The Arrogance of the Modern. It is the quiet assumption that because we possess more information, faster communication, and increasingly advanced technology, we must therefore be less vulnerable to the same emotional and collective mistakes that shaped prior generations. Every
With tax season now in the rearview mirror, we have a simple request: set aside 30 minutes and reread your estate planning documents. Don't approach them with a legal eye. Leave that to your attorney. Instead, read them with a much simpler question in mind: "Does this
One of the more influential investment books written in recent decades was Winning the Loser’s Game by Charles Ellis. The premise was borrowed from professional tennis. Amateur matches are often won through spectacular shots and aggressive play. Professional matches, however, are more frequently decided by unforced errors. At the
Note: At the beginning of the year, we decided to move to a quarterly distribution that would incorporate both our perceptions of market movements and events and more traditional wealth management topics (no matter how boring they are). In the last piece, we spent some time on the idea that
The first quarter of 2026 served as a reminder of how quickly market narratives can shift when geopolitical and macroeconomic forces collide. What began as a relatively stable backdrop—with expectations for two Federal Reserve rate cuts during the year—quickly gave way to a more uncertain environment. The Iran
