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.
An interesting question from the perspective of a non-U.S. citizen … Joshua, I was pleased to see that around 1/3rd of the site readers are not from the United States. You have truly a global audience. As an American, what do you think is the biggest misconception non-U.S. people have about your country? Ndebele I…
We are heading to my in-laws for dinner tonight, partially to celebrate several people’s birthdays, mine included, and partially just because it’s been a couple of months since we’ve all gotten together. Our contribution is a homemade French apple cake … I won’t be around for the rest of the evening because of it, and…
Here’s an ethical dilemma involving the right to privacy versus the harm principle of morality. The Ethical Dilemma: You are a doctor or a nurse at a regional hospital in your area. One day, as you turn a corner, you see a man you know, the husband of a female friend of yours, walking out of…
For dinner this evening, I wanted to make a tomato and cream sauce to go over stuffed ravioli as it would allow me to use the remainder of the parsley and ricotta filling I needed for the dish I made yesterday. While I considered reaching for our normal tomato and cream sauce, I decided to be productive by at least testing one more recipe from Marcella Hazan.
Here’s a question that serves as an interesting ethical dilemma … The Ethical Dilemma: You are a judge in a developing country where family law leaves much discretion to the person sitting on the bench. A single mother, 18 years old, gives up her child for adoption. The child is adopted by a married couple in…
I woke up this morning, grabbed a cup of black coffee, went straight to work, and dove into some of the things I needed to finish. In the early afternoon, I realized that I was expecting a shipment of books at the house and that I hadn’t eaten so much as a saltine cracker since…
Last night, around 3:30 a.m., I had the idea to take a fresh spinach pasta, cut it into thicker fettuccine, and serve it with the butter and parmesan cheese sauce that Marcella Hazan used for Tortelloni stuffed with Swiss Chard, Prosciutto, and Ricotta (found on page 191 of her most famous cookbook).
I promised Aaron that if he picked up a small chicken, I would try my hand at the classic Chicken with Two Lemons recipe that is famous for having only salt, pepper, lemons, and chicken on the ingredients list. No fats, butter, or oil, just the juiciest meat possible as a result of the chemical…
It’s time we talk about the debt ceiling and what a debt ceiling default would mean for the United States. I’ve avoided this conversation because I was hopeful we would never end up here, again, after the last round of stupidity. I’ve also avoided discussing the on-going shutdown of the Federal Government, despite some strong…
I’ve been so busy with work the past month that the only time I’ve had for the blog, and interacting with you, was during the time we were in the kitchen. In between sauces simmering and pasta dough resting, desserts being prepared or the coffee pot piping, I tried to respond to whatever comments I…