The My Day In Pictures articles are to keep friends and family updated on what is going on with my life. It was instituted at the request and for the benefit of one of my favorite people in the world, one of my aunts who is a retired telephone operator and lives a few hours away from me.

Kennon-Green & Co. Global Asset Management, Wealth Management, and Investment Advisory

Oakfield My View House from Balcony

Sometimes, I Feel Like I Live in Oakfield from Fable II (or “The Utility of Home Ownership”)

In the most recent Berkshire Hathaway shareholder letter, Warren Buffett remarked that the three best investments he ever made included his home in Omaha (the other two were wedding rings).  He conceded that he would have had more money if he had instead rented and invested the cash, but the utility of the home far outweighed the opportunity cost. Now that I am in my late twenties, I understand what he meant.

Read more

Kennon-Green & Co. Global Asset Management, Wealth Management, and Investment Advisory