Kansas City Chiefs Season Tickets

My mom just sent these pictures from her and dad’s reserved season ticket holder seats for the Kansas City Chiefs. They love it – she gets a little, um … loud … at sporting events.  Compared to me – If I were there, I would enjoy it but I’d have my head in a book [...]

from Joshua Kennon

PPL Corporation Stock Risk Analysis

This is a risk analysis of PPL Corporation stock for a friend of mine that was hired by the company.  Those of you who want to know how I think about risk management are perfectly welcome to read it but it is specifically targeted so I’m not sure how useful you’ll find it. I’ve worked [...]

from Joshua Kennon

Dear Ken Cuccinelli. You Are Proof That The Older Generation Just. Doesn’t. Get. It.

A friend of mine sent me information on the recent actions of the Attorney General in Virginia.  I almost couldn’t believe it, but true enough, he has issued his legal opinion that state colleges and universities cannot self-govern and determine their own community standards, including creating classes of people they want to protect.  Not only [...]

from Joshua Kennon

Our Value Investing Research Process for Stocks

A week or two ago, I wrote an article called Understanding Stock Repurchase Plans for About.com, a division of The New York Times, which discussed Sonic Restaurant and the massive stock buy back program that had taken place over the past few years. In it, I walked the readers through a lot of the math [...]

from Joshua Kennon

Why Income Inequality Will Always Exist as Part of the Post-Industrial Revolution Global Economy

First: Before we begin, the education system in the United States over the past few decades has done such a poor job teaching basic logic that by virtue of the headline alone, it is statistically likely that you have already made a decision about whether or not this short essay on pay inequality is “good” [...]

from Joshua Kennon

A Discussion on Pension Costs

It’s nearly 4 in the morning and I’m up reading political blogs; happened to come across http://cognidissidence.blogspot.com/ and enjoyed reading it. This particular entry is way off base from a financial perspective and since the author seems to be working to expose problems in government, I thought I’d take the time to explain why if [...]

from Joshua Kennon