fbpx

Blog

September 2020 : Time and Patience

“Time and Patience are our assets right now.” OSAM 1Q2020 In our 1Q2020 quarterly, we described how “TIME and PATIENCE will be one of the more valuable ASSET CLASSES moving forward”. It has been our goal since opening our doors to separate the “noise” from true economic data in an effort to educate investors and to help them make…

Read More

August 2020 : MAYDAY! MAYDAY! MAYDAY!

MAYDAY! MAYDAY! MAYDAY! In the early 1920’s, a senior radio officer at London’s Croydon Airport, Frederick Stanley Mockford, was asked by his superiors to think of a word, easily understood by all pilots and those on the ground, which conveyed distress during an emergency. With much of the air travel in and out of London’s Croydon at the time…

Read More

Q2 2020 : Slightly out of the ordinary…

Slightly out of the ordinary…  I write these notes for numerous reasons; first and foremost, to disseminate information; educating and coaching clients is my top priority. Admittedly, there is a marketing slant; reading, research and corresponding with clients takes up quite a bit of our time, so if our work stands out and resonates with readers and we can…

Read More

June 2020 : Dead Cat? Or New Bull?

“Because of the Fed’s interventions, market prices and credit spreads don’t have the information content that we think they have. The Fed is mucking up what prices mean.” Peter Fisher, former Fed Executive VP, Bank for Int’l Settlements, US Treasury, etc. “There is a bear market out there – it’s in true price discovery.” David Rosenberg, former chief economist…

Read More

May 2020 : History is Speaking to Us … Again! It’s Your Choice…

History Is Speaking to Us … Again  If we want to draw benefits from history, the goal is to capture its most important lessons. Many investors point to giants like Buffett, Druckenmiller, Zweig, Dalio, Lacey Hunt, Howard Marks and so on… but few take their advice. None of these legends are infallible and each has made mistakes, but when…

Read More

Q1 2020 : We’ve only just begun… Cha cha changes

Mad World As you read this, the world is in the midst of unprecedented change. Not just here in the United States … this change will be large scale and global (and we’re not just speaking financial markets). For us to suggest we have all the answers as to what our future looks like would be foolish, though to…

Read More

Q4 2019 : The Importance of History…and boy, is it“rhyming”today?!

Introduction “Psychology plays a large part in business movements, and overoptimism can only land us on the shores of overdepression.” President Herbert Hoover, 31st President of the United States of America 1/1/1926 We do our best to remind investors that financial markets only become emotional if you allow them to be… In the end, the majority of investors allow…

Read More

Complexity

When was the last time you went to the bank? I mean physically walked up to a teller in a brick and mortar location? Some may answer this question easily as small businesses owners may still deposit their daily “cash” in-take, while it might take others quite a bit of time to think about it. Banking has transformed over…

Read More