Fourth Quarter

10 January, 2007 by admin in Quarterly Letters
Let me take this moment, as we end one good year and begin what we hope will be an even better one, to report on a personal development. This month marks my 20th anniversary at O’Brien Greene and Company. In an industry where long-term is usually some time next month, I am rather proud of this ... read more...

Third Quarter

6 October, 2006 by admin in Quarterly Letters
This past May the outlook brightened considerably for our brand of high-quality stocks. Central bankers in Japan, Europe and the United States signaled their intention to end easy-money policies that had long fueled speculation and created valuation bubbles in commodities and emerging markets ... read more...

Second Quarter

14 July, 2006 by admin in Quarterly Letters
After a strong start, the American stock market stumbled badly in the closing weeks of the quarter ending June 30, 2006. The reason the stock market sold-off probably had more to do with conditions abroad than at home. On balance the sell-off, however painful in the short run, will likely ... read more...

First Quarter

11 April, 2006 by admin in Quarterly Letters
When asked about a hot investment idea, such as a hedge fund tied to energy prices, or a fund tied to foreign markets, I like to respond with a decidedly old-fashion expression: Make sure the game is worth the candle. Roughly translated, it means the hoped-for result should be in proportion to ... read more...