Joshua Kennon is a Managing Director of Kennon-Green & Co., a private asset management firm specializing in global value investing for affluent and high net worth individuals, families, and institutions. Nothing in this article or on this site, which is Mr. Kennon's personal blog, is intended to be, nor should it be construed as, investment advice, a recommendation, or an offer to buy or sell a security or securities. Investing can result in losses, sometimes significant losses. Prior to taking any action involving your finances or portfolio, you should consult with your own qualified professional advisor(s), such as an investment advisor, tax specialist, and/or attorney, who can help you consider your unique needs, circumstances, risk tolerance, and other relevant factors.

The Sum of Small Things A Theory of the Aspirational Class by Elizabeth Currid-Halkett Joshua Kennon Notes

The Sum of Small Things: A Theory of the Aspirational Class

Elizabeth Currid-Halkett, the James Irvine Chair in Urban and Regional Planning and a professor of public policy at the University of Southern California, recently published a book called, “The Sum of Small Things: A Theory of the Aspirational Class”. It looks at how affluent and upper class individuals and families are now engaging in a different type of consumption that effectively strengthens their own advantages, making upward mobility more difficult for those who don’t understand the codes or values of the group.

Looking at Office Space in Southern California

It’s been roughly seven months since I’ve been present or active on the site in any meaningful sense.  There are largely two reasons for this. Firstly, as you can probably imagine, nearly every waking moment of our lives has been consumed by the launch of our global asset management firm, Kennon-Green & Co. This included spending a couple of weeks in Southern California looking for office space.

A Letter from Josh and Aaron

A Letter from Josh & Aaron

As many of you noticed, Aaron and I went radio silent more than a month ago. This was entirely due to the fact that we are spending nearly every waking moment in the final stages of establishing Kennon-Green & Co., the asset management firm that we hope to have open within the next sixty to ninety days if all goes as planned.