April 28, 2015

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The Site Will Be Undergoing Tests – Don’t Mind the Mess

TL;DR: Please pardon our mess.  Hard hats are to the left.  Watch for falling CSS or out-of-control PHP.  It will be this way, on and off, for a couple of weeks.  Hopefully, it won’t be too intrusive as we’ll try to do most of the work when traffic is at its middle-of-the-night lows.  If you […]

African American women body image scale

Female Porn Stars, Waist-to-Hip Ratios, Gay Neurological Patterns, Morbid Obesity, Fat Shaming, and Poop Sticks

I’m going to regret that title tomorrow.  I know it. Two of the books I’ve been meaning to delve into sometime this year are about evolutionary biology; how the incentives that lead to reproductive and social success (which itself is a facilitator of reproductive success) shape everything from our government institutions to the popularity of […]

The Culture Code Dr Clotaire Rapaille Mental Model

Mental Model: The Culture Code

After writing about using words to your advantage in life and business, I began thinking of one of my all-time favorite mental models.  It comes from legendary marketing psychologist Clotaire Rapaille, who wrote about it in his treatise “The Culture Code“. Before we get into that, let me say that Dr. Clotaire Rapaille caught my attention so […]

Strategy

Using Words to Your Advantage in Life and Business

Words and phrases are interesting things.  Each represents a package of ideas and associations, instantly unwrapped the moment we encounter them.  If I say, “She stood in a cold, dark, damp basement on a winter day, with only a bit of gray, overcast sky visible through small windows around the perimeter; the rhythm of ice rain hitting […]

McCormick Annual Report 2015

An Accounting Homework Assignment for Those of You Who Want to Learn to Analyze Businesses

I get a lot of requests for real-world examples or homework assignments that have to do with some of the more important investing concepts.  This morning is your lucky day if you’re fairly new to the finance game and want to give diving into SEC filings or annual reports a try.  Here’s a (fairly) easy introduction […]

Joshua and Aaron Kennon-Green Cutting Board Mineral Oil

The Custom Cutting Board Arrived from San Diego This Morning!

When I posted the butternut squash soup with cinnamon sugar crouton recipe I wanted to try after a friend of ours made herself a pot back on Captiva Island, I mentioned in one of the photo captions that our cutting board was on the verge of giving up the ghost after years of faithful service.  […]

Jazz Hands Clapping Banned

Mail Bag: Should Homeschooling Be Illegal Like In Germany or a Constitutional Right Like in Italy?

Hmm …. Joshua, Countries such as Germany and Spain make homeschooling illegal, putting the kids before the parents. Other countries, such as Italy, consider it a fundamental right and guarantee it in the constitution, putting the parents before the kids. Which do you think is right? Iya This is one of those things that remains […]

Credit Suisse Global Investment Return Yearbook 2015

The Credit Suisse Global Investment Return Yearbook 2015 Edition Is Now Free Online

Earlier tonight, I published a piece called The Best Stocks To Buy Are Historically Found in a Handful of Industries over at About.com, which at around 3,000+ words, examined the research we discussed recently out of Wharton that looked at the original S&P 500 components in the 50 years following their establishment in 1957 and the […]

Ronald Read Janitor Millionaire Secret

Janitor Ronald Read Leaves Behind $8,000,000 Secret Fortune

Get ready to add yet another secret millionaire to your case study files.  Ronald Read passed away last June at 92 years old.  The Brattleboro, Vermont man, who had no college education and drove a Toyota Yaris, always made a point of living below his means.  He spent many years working as a gas station attendant and […]

The Home Depot Stock Certificate Diversification

The Mathematics of Diversification and Wealth Building

I’ve written about the fact that very few American families invest in stock directly.  For every 100 families in the United States, only 15.1 hold shares outright, rather than through a conduit like a mutual fund.  Of that 15.1% sub-group, 29.2% (or 4.41% of all households) are invested in only a single stock, 53.0% (or 8.00% […]

Bring the Finished Butternut Squash Soup Up to a Simmer on Medium High Heat

Butternut Squash Soup with Cinnamon Sugar Croutons

When we were down in Florida, our friend, Karen, had some butternut squash puree in the refrigerator the chef, Sebastian, had left for her and Blake as he didn’t need it.  She used it to make herself a butternut squash soup for lunch one day after coming back from a run.  I hadn’t thought much […]

Clorox Annual Report Earnings

Mail Bag: How to Read Large Numbers on Financial Statements

A question about reading numbers on financial statements … My seemingly dumb business administration 102 professor has made what I think is a huge error on grading my last midterm, my question is as follows. On a balance sheet that is stated in terms of millions there is the number $74,000 (according to her) that […]

Flow Honey System Crowdsource

Flow Raised $5,576,533 (and Still Counting) in 16 Days By Selling an Idea

Barely more than two weeks ago, a father and son put their idea for a new honey extracting beehive design on a crowdfunding site.  They called their product Flow™ and wanted to raise $70,000.  With 26 days remaining before the funding deadline, they’ve already received $5,576,533 in promised cash from 12,781 donors. Quite a few beekeepers […]

Crown Maple Syrup Colors Joshua Kennon

Crown Maple Syrup from Madava Farms Should Be In Your Pantry (and a Case Study for Your Entrepreneurial Files)

After my recent semi-annual rant on the sorry condition of the maple syrup industry in the United States, which began with our discussion of the food industry polluting its products last Autumn, it should come as no surprise that, lately, we’ve been on a quest to find the ideal luxury maple syrup; honest-to-goodness, real, from-the-Earth maple […]

S&P 500 Methdology

The S&P 500’s Dirty Little Secret

Imagine you live on a little island.  On this island, there is an Italian restaurant that you adore.  Once a week, you go to this place and order chicken cacciatore.  It’s made with the best ingredients and the quality is top-notch.  It’s so good that, over many years, more and more customers are attracted to the restaurant […]

Free IHOP Pancakes

You Can Get Free Pancakes If You Go to IHOP Today!

March 3rd, 2015, is the 10th anniversary of National Pancake Day.  If you head to an IHOP, you can get free pancakes.  They ask, but you are not required, to make a donation to charity in lieu of paying for your meal, with the goal being to raise $3,500,000 this year for Children’s Miracle Network […]

Even More Posts

PepsiCo 1982 Investment

Pepsi vs. Coca-Cola Investment Returns Over My Lifetime

When Aaron and I were at the World of Coca-Cola in Atlanta, we thought about buying our niece and nephews some gifts from the retail store but ultimately decided to give them something more valuable: Stock.  We’ll make another transfer to the custodianships I setup last year, modeled partly after the one we established for […]

Warren Buffett 1962

The Earliest Known Clip of Warren Buffett Unearthed

It is absolutely nuts to me to see this clip of Warren Buffett that was discovered.  In it, he was just shy of 32 years old, roughly the same age I am now.  He was completely unknown outside a tiny circle of people, though rich, wasn’t one of the richest men in the country (let alone […]

Jocelyn and Erika Raglan Road Downtown Disney

Lunch at Raglan Road in Walt Disney World with Old Friends

On the way back from spending the week with friends, Blake and Karen, on Captiva Island, we decided to take a detour to meet up with two other old friends we don’t get to see very often, who happened to be at Walt Disney World.  We were heading toward Tampa and re-routing to Orlando would only a […]

Captiva Florida Gulf of Mexico

Visiting Our Friends at Otter Banks on Captiva Island

After we visited The World of Coke at the Coca-Cola headquarters in Atlanta, Georgia, we traveled another 600 miles to Captiva, an island off the coast of Florida where we’ll be staying for the rest of the week.  Our friends Karen and Blake got married – you met them years ago when we had dinner at […]

World of Coca-Cola Admission Tickets

On Holy Ground: We Visited the World of Coca-Cola in Atlanta, Georgia

We woke up in Atlanta, Georgia this morning and decided to go to one of the most sacred spots in the entire Western Hemisphere: The World of Coca-Cola.  What might appear as a mere beverage to some is practically a cult in the South.  Coke reigns over this city like royalty thanks to the fact […]

I'm Okay

I’m Okay!

I’ve been away from the site for awhile and I see there are a few dozen comments I need to read (if you wrote me something and haven’t received a response, yet, I’ll try and get to it either tonight or tomorrow).  There were some business matters to which I had to attend that required my full […]

President Obama Foreign Tax Increase Proposal

About That Proposed One-Time $280 Billion Tax on Foreign Corporate Profits …

President Obama’s administration has announced that he wants to impose a one-time tax levy of up to 14% on the $2 trillion in foreign profits American companies have built up and not repatriated in exchange for making repatriation on future foreign profits that were subject to at least a 19% tax rate tax-free, encouraging domestic […]

QVC The Moon a Planet or Star

Watch QVC Hosts Debate Whether the Moon is a Planet or Star (and a Lesson on Basic Economics)

If you need something to brighten up your day (or make you feel despondent depending on how you look at it), this is living proof that all you have to do to be successful in life is give people what they want at a price that is higher than the cost it takes you to deliver […]

Mail Bag Joshua Kennon Pen

Mail Bag: 30-Year Treasury Bond Prices

It seems about that time, once a year, when we talk about long-term Treasury bond yields. Mr. Kennon, How much money have you made since 2010 shorting the 30 year treasury bond? What is your prediction for 2015? Thank you, Fred R. Fred, Earlier this month, I broke out our five-year performance record.  We ended the […]

Stir the chili pot together and turn the heat up to medium

Wendy’s Chili Recipe (and a Business Lesson from Wendy’s Founder Dave Thomas)

Back when Dave Thomas left his discipleship of Colonel Sanders of Kentucky Fried Chicken fame to go off and start the hamburger chain that we now know as Wendy’s (which he named for his daughter, Melinda) one of my favorite things he did was find a way to reduce waste – and thus costs – […]

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