Insights
In their book The Fourth Turning, William Strauss and Neil Howe argue that American history has moved in cycles that last roughly as long as a human lifetime, within which are four distinct two-decade eras, or turnings. They say that although we think our time is unique, the way
Insights
October was quite a month for world markets, with many hoping November would be different. Though investors left the trough quickly for the second time this year, October’s losses felt different than February’s. February’s seemed merely ‘technical.’ October’s seemed more fundamental. The immediate context for February’
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“The economic problem is that the material fruits of the United States’ engagement with China (and the post-1980 globalization more generally) have been very unevenly distributed…” —Arthur Kroeber, Gavekal The Quarter in Review It was not a bad quarter! U.S. equity markets were very strong across all styles
Articles
The Oracle of Omaha, Warren Buffett, is a consistent optimist about the power of investing in the U.S. equity market. Though known as a selective investor, he advocates that the average investor buy and hold a slice of the entire equity market. As a fundamental principle, we agree. But
Insights
Danny Deutsch’s motto and the title of his book, Often Wrong, Never in Doubt, are about the power of confidence and moving forward even when it results in as many misses as hits. It worked for him. It doesn’t work in investing, which relies on empirical evidence, not
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“It takes a long time to become young.” – Pablo Picasso The team at Auour has been enjoying reading Value as a Service, by Rob Bernshteyn, the CEO of Coupa, a rapidly growing software company. Its premise is that companies need to move from selling products to selling value, and although
Insights
Emerging Problems "I think we can’t learn clear lessons from history. What we can learn is to watch out for dangerous possibilities.” - Margaret MacMillan At Auour, we analyze many independent factors to assess greed and fear and the inherent risk in the global markets. We believe the tools
Insights
Some may think of us as bubble detectors. We choose to see ourselves, instead, as risk managers. They might be different sides of the same coin: We look across the global markets to gauge to what degree they are being moved by greed or fear, with the aim of removing
News
March 10, 2018: Auour Investments, LLC has been awarded a Top Guns designation by Informa Investment Solutions’ PSN manager database, North America’s longest running database of investment managers. “Once again, we are thrilled to be recognized by Informa Investment Solutions” stated Joseph Hosler, Managing Principal of Auour. “We take
Insights
Last Friday, we hosted Colin Ireland, Senior Research Strategist of State Street Global Advisors, to discuss his observations of the volatility experienced by global markets at the beginning of February. https://vimeo.com/256231989 [download id="2881"]
Insights
The last week has been a very quick reversal of a nearly 14-month upswing in the global markets. Yesterday, in particular, was a wake-up call that markets are not always tame and conducive to making money. We offer below some answers to questions we have received and hope
Insights
A year ago, we wrote that all we wanted for Christmas was a bull market. Thank you, Santa! We thought we had been good but never thought we were that good. The 4th quarter continued the trend that existed all year with markets ending on a strong note. For the
