Since 1969, the investment advisory firm of O’Brien Greene & Co. has provided independent investment advice to a diverse clientele. Individuals and retirement plans make up the majority of clients, though we also serve insurance companies, municipalities and endowments. Our philosophy is straightforward: we seek the preservation and growth of capital through good and bad markets. The firm manages more than $200 million. Each client receives an unusually high level of personal attention.

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Commentary:
"Bond Buyer's Dilemma"

The economist Burton Malkiel, who happened to be my professor sophomore year in college (Spring 1970!), wrote an article in Wednesday’s Wall Street Journal entitled “Bond Buyer’s Dilemma” that made many of the same points that I have been making for the last year or so. (In the interest of full disclosure let me say...

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From the Quarterly Letter:
Fourth Quarter

Despite a strong fourth-quarter finish, stock had a sub-par year. At this point in the cycle, stocks should be soaring. After a major recession like that of 2007-2008, there’s usually a big economic rebound that pulls markets along behind it. The big rebound hasn’t occurred, and apart from a handful of big dividend-paying blue chips...

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