We had so much fun, we decided to do it again the next year. The reunion turned into an annual party, one that's been held each year since at sites across the country, including Alaska, Florida, San Diego, Washington, D.C., and Cleveland. The annual get-together is part social gathering, part business meeting. The group gathers another six to eight times a year, mostly for business meetings, and a five-person investment committee meets nearly monthly. To help ensure success, they joined the National Association of Investment Clubs and learned how to make their money grow.
All dividends go back into the pool.
Today, the group's principal holdings are mutual funds and stocks in eight organizations, says Wilton Savage, BSME '64. Neither Savage nor other OU Brothers contacted wanted to discuss the group's net worth. But it has enough value that we pay attention to it. In the late 1980s, the group hired Hogg, a Cleveland developer, to build a resort home for the exclusive use of group members in North Carolina. Today, the OU Brothers call a four-bedroom house in a golfing community in New Bern, N.C., their home away from home.