February 5, 2012

The Sugar Refiner Shares We Own Are Surprising Me (and More Portfolio Updates)

Sugar Company Stock Certificate

I hardly ever talk about the portfolios I manage (the last time was when I added Campbell Soup to the blue chip reserve portfolio in Some Changes In the Portfolio), mostly because investment ideas are rare.  Still, I write about it to the same extent I would be willing to discuss something over coffee with fellow investors so here are some thoughts about what has been going on at Kennon Green Enterprises lately. The shares of the sugar refiner I had one of my businesses buy only 3 months ago … [Read more...]

Cherrywood Capital Group Successfully Divested Two of Its Investments

Fountain Pens from Kennon Home Accessories

Phase I of our secret project and my third quarter goals are both going really well, even though I'm spending an inordinate amount of time on the manuscript for my next book, which is a guide to calculating intrinsic value of stocks, bonds, real estate, and other assets. Everything Merging Under the Kennon & Company Brand Remember the $31,000 we spent on the paid search advertising pilot program last September?  Yeah, part of that involved testing various keywords to determine if we were … [Read more...]

My Verdict on the Truefitt and Hill Shaving Sets and Shaving Product Line

Grafton Cologne from Truefitt and Hill

We are expanding our shaving section at Kennon Home Accessories and one of the things I've been testing is the Truefitt & Hill line of shaving creams, shaving lotions, aftershave, colognes, and other products. It is toward the higher end of the price point when it comes to luxury shaving sets for men (a bottle of aftershave, shaving cream, cologne, and shaving oil would retail for $202.00) but after using it, I don't think I could ever go back to the products I used for most of my … [Read more...]

A Brief Flirtation with a Cinnabon Franchise

Joshua Kennon reading the Cinnabon franchise disclosure document

I mentioned yesterday in the article on Dairy Queen franchise owners that after graduating from college, Aaron and I had looked into putting capital to work by opening several franchises in the town where we grew up.  We thought it would be a good place to invest the money we were earning from our other businesses without having to be involved on a day-to-day basis.  In other cases, we thought it might be a good way to structure companies so that our immediate family members could make an … [Read more...]

Michel Perchin Pens Really Turn Me On

Michel Perchin Pens

When I was a teenager sitting in high school French class, I recall relentlessly mocking my teacher for the idiocy of buying a $200 or $300 pen.  Fast forward to today, and not only do I have a massive pen collection, but I've fallen completely and totally in love with Michel Perchin pens to the point that when I have the retail store launch it's full in-store pen department in the fourth quarter of this year, we are going to bring them in and sell them. The average retail price for most of … [Read more...]