• Who We Are

    Who We Are

    About O'Brien Greene and Our History
  • Philosophy

    Philosophy

    Straightforward investing with O’Brien Greene
  • Strategy

    Strategy

    Working with O’Brien Greene

Straightforward Investing Since 1969

The investment advisory firm of O’Brien Greene & Co. provides independent investment management to a diverse clientele. Individuals, families, and corporate retirement plans make up the majority of clients, although longtime clients also include trusts, insurance companies, and charitable endowments. We seek the preservation and growth of capital through good and bad markets, and our investment strategy emphasizes several themes: simple, transparent, separate accounts; direct ownership of high-quality stocks and investment-grade bonds; diversification across the market; customized portfolios with a high degree of personal attention. The firm has more than $270 million under management and its offices are located in suburban Philadelphia in the borough of Media, Pennsylvania.

Review & Outlook

Our take on the investing, financial, & economic themes of the day

What We’re Reading: August 1

Friday links:  U.S. Stocks Edge Lower (WSJ) July Employment Report: 209,000 Jobs, 6.2% Unemployment Rate (Calculated Risk) Five Charts that Explain the Jobs Report (NY Times) Junk Bonds Sink on Fears Rally Will End as Economy Picks Up (WSJ) Buy-the-Dip Crowd Faces Big Test (WSJ) Yesterday’s 2% Drop in the S&P 500 Isn’t All That Rare (A Wealth of Common Sense) A Neglected Stock Can Be a Good Thing (Aleph Blog) 4 Myths about Amazon (AMZN) that Investors Should Ignore (MarketWatch) Proctor and Gamble (PG) Shares Jump on Earnings Beat (USA Today) Chevron (CVX) Earnings Top Expectations (CNBC) Chart of the Day:                       Source: Fidelity Investments read more...

Avoiding “Myopic Loss Aversion”

As I write, the Dow  is down more than 200 points, and the S&P 500 is also down more than 1%. News of Argentina’s possible default on its debt along with a slew of disappointing corporate earnings reports seem to have contributed to the sharp pullback today. Could this be the start of the long-awaited correction, or it is just a dip that will lead investors waiting on the sidelines to jump back in, causing the market to rebound tomorrow? It’s hard to say. We’ve had a bunch of strong economic data recently along with a surprisingly good earnings season so far. These conditions make the case for a continued rally, but of course the state of the economy and the performance of the market are not inextricably linked. Investor sentiment often becomes unhinged from the fundamental economic data, pushing the market up or down in unpredictable ways over a shorter-term period. So what should investors do now? The main thing is not to overreact. Some recent research ... read more...

What We’re Reading: July 31

Thursday morning links: U.S. Stocks Open Lower (WSJ) Argentina on the Verge of Default (WSJ) How America’s Top Industries Have Changed, 1990-2013 (WSJ) Rising Revenue + Increased Profits = Bull Rally (The Big Picture) Trading Places: Bankers Leave Wall St. for Tech Companies (CNBC) China’s War on U.S. Tech Companies (CNBC) Successful Investing Involves a Certain Amount of Luck (Motley Fool) The Hidden Reason for Americans’ Shrinking Wealth (Businessweek) Whole Foods Falls 5% On Weak EPS, Sales Outlook (Barron’s) Your ‘Craft’ Rye Whiskey Is Probably From a Factory Distillery in Indiana (Daily Beast)   Chart of the Day: Source: Fidelity read more...

Millennials Need to Overcome Their Fear of Stocks

People of my generation, twenty-somethings or the “millennials” as we are called, are probably the most financially risk-averse generation since the Great Depression. We came of age during the so-called “lost decade” when there were two major stock market crashes: the bursting of the internet bubble in 2000 and the financial crisis of 2008. As a result we tend to be skeptical of investing in stocks and keep a lot of our money in cash. (Source: UBS) Patrick O’Shaughnessy, author of a forthcoming book on investing for millennials, wrote a piece recently that looks at the historical data and makes the case that millennials need to get over their fear of stocks. If you invested early and stayed in the market, he shows, even the worst case scenario since the 1920′s is not all that bad: If you start at age 22, the worst result for a dollar invested was growth to $4.80.  This would have happened if you invested at age 22 in 1966 and retired in February ... read more...

What We’re Reading: July 30

Wednesday links: U.S. Second-Quarter GDP Expands at 4.0% Rate (WSJ) How the Zillow-Trulia Merger Could Change the Real Estate Business Forever (Businessweek) The Death of Twitter Was Greatly Exaggerated (Reformed Broker) How Americans Spend their Money (The Big Picture) Making Money Shouldn’t be the Purpose of a College Education (The New Republic) Can Companies Serve Both God and Mammon? (The New Yorker) AirbnB Grows Up and Gets a Job (Bloomberg) Amgen (AMGN) Blows Away Earnings Expectations (Zacks) Express Scripts (ESRX) Rises on Earnings Report (WSJ) The real problem is slow growth, not Inequality (NY Times)   Chart of the Day: Via The Big Picture   read more...