In an earlier era in the money-management business, the second half of December was accompanied by the arrival at the O’Brien Greene & Company offices of wheels of cheese, cartons of delicacies, bottles of liquor, cases of wine, barrels of popcorn, umbrellas, rain hats, and such, sent by ...
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Should a wealth manager spend his time picking stocks or picking funds that pick stocks? I pose the question because at O’Brien Greene we pick stocks (and bonds and other publicly traded securities like real estate investment trusts or REITs) for our clients, and we think that this is a ...
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A recent article in Bloomberg by Ben Silverman asks whether opaque and excessive fees in 401(k) plans can be solved by technology. The answer, unfortunately, is a resounding no. The article profiles an Israeli startup called FeeX which purports to analyze your 401(k) and give you ...
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Clients of O’Brien Greene have the advantage of owning their investments through separately managed accounts, which may be the best way to invest over the long term. Let me explain. In his 2011 letter to shareholders of Berkshire Hathaway, Warren Buffett defined “investing” ...
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Since I knocked Bloomberg’s reporting in my previous post about Tesla, let me reference an important article that the news service ran recently, “Billions in Lost 401(k) Savings, Abusive Brokers Under White House Scrutiny.” Right now the Department of Labor is deliberating ...
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