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.
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…
I happened to be looking around for more books to add to the library and came across something called Microwave Cooking for One. I always tell you to be aware of what is going on inside; like great surgeons or athletes, evaluating your own reactions and thought processes in a detached, rational way to better understand your subconscious motivations. I was shocked at how powerfully I responded to it. Something about this book – the fact that it even exists and that there is an audience for it – makes me deeply sad, in a very profound and emotional way.
With the public suddenly seeming to notice that three-parent biological children are now a scientific possibility, The Telegraph is reporting, “A group of 34 European politicians, including eight British MPs and peers, has signed a declaration attacking plans which will make the UK the first country in the world to permit the new IVF technique.” Here’s the…
For those of you who write me intrigued by the idea of cooking for the first time, I wanted to show you just how incredibly easy it can be. Since we are on an Italian kick lately, the best place to start would be the basic Italian staple: Fresh pasta. Homemade pasta has a unique flavor, texture, and element to it that even the best store bought boxed pastas can’t touch.
Imagine that you have a new neighbor. We’ll call him Rod Smith. One day, he shows you his portfolio. He has a little over $1,000,000 in common stocks. “I have this great idea!”, he tells you, excitedly. “I decided to buy a list of companies I like and pick up around 421 shares of each.…
As fate would have it, around the same time my family decided to start a week of Italian cooking two days ago, kicking it off with a remake of one our favorite Marcella Hazan recipes and vowing to go through more of her cookbooks, the legendary author had passed away in her Longboat Key, Florida home.…
If you want a restaurant quality pasta dish with a wonderful flavor and a per serving cost of only $0.88, this butter and sage sauce should be in your family’s recipe box. After the pictures, I’ll share the ingredients, process, nutrition, and cost breakdown. Why am I making it in the middle of the day?…
With all this business talk of pasta, I couldn’t stand the temptation, anymore: I decided this is going to be a week of Italian recipes, and I am going to go through the greatest Italian cookbook ever published, trying nearly everything I can.
I love a morning when I get to start the day by talking about DuPont Return on Equity analysis, and Barilla’s not-so-subtle strategy to avoid reporting market share losses in the midst of its public relations meltdown is intelligent from an accounting and psychology perspective. This discussion will probably be interesting to the financial wonks…
Thank you all for the amazing comments and suggestions you left on my post about my investigative project with the weird kWh figures I was getting from my utility company. I’ve been so obsessed with the project I haven’t had time to write individual responses, but I did read every one of them and, in many cases, add it to a task list to check and / or immediately go out and spend some cash on a device that could help narrow down the problem.