Search
× Search

 

 

Mission Funds Insights: Direct from the front lines

Check this space for our observations, ideas and analyses-based on our years of experience and our commitment to not only extracting investment value from our regime-based model, but intellectual value as well.

Articles

The Sound of Money Dying

Auour Investments LLC 0 128

Wealth can be created and destroyed. Wealth is created when the investment of time, money, and energy arrives at an endpoint where the profit obtained is greater than the investment made. A simple example: you give your child ten dollars, allowing her to purchase supplies to open a lemonade stand. She builds the storefront, stocks inventory, and perhaps employs her brother to operate the store. In return for your investment, she pays you back plus a handsome dividend (unless you drink all the profits). She is thus rewarded with a profitable ongoing business, and you have maybe twelve dollars instead of ten. Everyone wins; wealth is created.

Wins Above Replacement

Auour Investments LLC 0 324

Wins above replacement (WAR) is a baseball metric that describes a player’s value in terms of how many more wins he brought to his team than a replacement-level player at his position would have. It is a measure of the effectiveness of an individual within the team and a statistical attempt to quantify if he is worth what he is being paid. Ranking players by WAR might seem harsh, but a company’s resources are finite; it has to deploy its capital strategically and responsibly.  

RSS
1234

  

About | Mutual Funds | Insights | In the News | Contact
5956 Sherry Lane, Suite 1000, Dallas, TX  75225
Disclosures

Check the background of this firm on FINRA'S BrokerCheck

Terms Of UsePrivacy StatementCopyright 2019 by Mission Funds
Back To Top