Oil Tanker Oil Stocks

Let’s Talk About Investing in Oil Stocks and the Oil Majors

I’ve received a significant number of requests over the past few months asking that I discuss what is happening with oil, natural gas, pipeline, and refining companies; to explain how I look at the situation and the sorts of things Aaron and I discuss when we’re allocating our own capital or the capital of those who have entrusted their assets to us. It’s a big topic with a lot of niche considerations but I want to take some time today to address the oil majors; the handful of mega-capitalization behemoths such as ExxonMobil, Chevron, Royal Dutch Shell, Total, ConocoPhillips / Phillips 66, and BP.

Caleb and Tara White Coat Ceremony Featured

Attending My Brother’s White Coat Ceremony for Medical School

My brother’s white coat ceremony for medical school was this past Saturday! We went to cheer him on as he was assigned to his docent, with the internal medicine experience up first. (Though he’s part of the class of 2019, I think he’s graduating in 2018 because of however his particular academic experience and credit history happened to coalesce. I’m not entirely clear on how the mechanics work. Whatever it is, it won’t be long before we’re calling him “Dr. Kennon”.)

Noxzema Moisturizing Cleansing Cream

The Rise and Fall of Noxzema: A Business Tale

On a recent late-night restocking run to the store, Aaron and I were walking down an aisle when we suddenly spotted something that, outside of a handful of enclaves, has been missing in action or relegated to back corners for decades: A product called Noxzema.  For almost three-quarters of a century, the stuff was ubiquitous, found in nearly every home and an absolute must-have on any shopping trip taken by nearly any American family.  The business story behind the Noxema fortune is a fascinating one.

Cecil the Black Maned Lion Killed by Walter Palmer

Financial and Life Lessons We Can Learn from Dr. Walter Palmer’s Cecil the Black Maned Lion Debacle

I’ve been thinking about the story that has captivated the country over the past two days – how, if various news reports are to be believed, Dr. Walter J. Palmer of Eden Prairie, Minnesota, owner of a practice called River Bluff Dental in Bloomington, Minnesota, and two of his guides poached the beloved Cecil the Lion from a national park in Zimbabwe, luring him from the sanctuary where he was protected, injuring him with an arrow before tracking him for two days, shooting him, beheading him, skinning him, and leaving the body behind with plans to mount the trophy in his office.