Joshua Kennon is a Managing Director of
Kennon-Green & Co., a private asset management firm specializing in global value investing for affluent and high net worth individuals, families, and institutions. Nothing in this article or on this site, which is Mr. Kennon's personal blog, is intended to be, nor should it be construed as, investment advice, a recommendation, or an offer to buy or sell a security or securities. Investing can result in losses, sometimes significant losses. Prior to taking any action involving your finances or portfolio, you should consult with your own qualified professional advisor(s), such as an investment advisor, tax specialist, and/or attorney, who can help you consider your unique needs, circumstances, risk tolerance, and other relevant factors.
With the changes going on in my life and career, it’s been several years since I’ve posted a breakdown of the blog community so I thought now would be a good time. Thus, I present the Blog Demographics 2019 Edition, otherwise entitled, “Opulence, You Own Everything”.
There is a bubble tea shop called Omomo in Irvine, California that Aaron wanted to try. He mentioned it for a few weeks then, on a whim back on March 20th, we decided to go discover for ourselves why it is so popular.
If you ever wanted to try the infamous “New Coke” that resulted in global boycotts of Coca-Cola when it briefly replaced the classic formula, now is your chance. Of course, me being me, this post ended up turning into an academic discussion about long-term investing including a mini-case study of Coke over the past 34 years.
Sometime within the last week, Aaron and I were talking and he brought up a dish many of you will probably remember: Beef Stroganoff. We talked about how it seemed like nearly everyone raised in the 1980s and 1990s (at least in the Midwest) ate it regularly, often of the Hamburger Helper variety. It was ubiquitous, reaching worldwide popularity after emerging from Russia during the 19th century. You could not get away from this stuff – you ate it at home, you ate it when visiting family or friends, you at it at school, you ate it at church events.
I have decided that one of my personal projects is going to be revisiting the thousands of posts we put into the private archive prior to launching our asset management firm and, to the extent reasonably possible, release them back to the public blog if we feel they might be useful from an academic, entertainment, and/or historical perspective. NOTE THAT THIS POST WILL BE FEATURED AT THE TOP OF THE BLOG HOMEPAGE WHILE THE PROJECT IS ON-GOING. NEW POSTS WILL APPEAR BEHIND IT UNTIL THEN.
My post about Disney earlier today made me realize I need to share with you my latest obsession: a board game called Villainous. If you have a cunning and ruthless side that enjoys plotting optimal strategy, buy it. You won’t regret it.
I’ve always been introspective. Over the past year, though, I find that I am spending more time examining my life so far; re-evaluating decisions, trying to gain additional insight from my experiences, and really being honest about what I want for the rest of the time I’ve been gifted. I think there several reasons for this.
As we’ve been taking walks through the parks and beaches of Southern California, different garden centers and nurseries such as Roger’s and Armstrong’s, I’ve been trying to catalog numerous flowers and plants that I might want to remember for future reference.
We tried pineapple teriyaki cheeseburgers and then went for a walk in Laguna Beach during sunset.
For as long as I can remember, one of my “must read” annual reports has been that of a regional bank called M&T Bank Corporation. This particular bank is legendary among investors for several reasons.