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.

Mental Model by Joshua Kennon

Mental Model: The Hundredth Monkey Effect

Mental Model: The Hundredth Monkey Effect In social evolution, there is a mental model that describes the moment that knowledge, behavior, or belief reaches a tipping point (when the “100th monkey” is added), and instantaneously spreads throughout society so that it reaches the rest of a population without being taught, becoming common. The original research…

What Is Money?

Occupy Wall Street Part II: What Is Money? Do Liberal Arts Suffer at the Hands of a Capitalist System?

Yesterday, I explained how most of the people in the Occupy Wall Street protest haven’t yet realized the struggle isn’t between the rich and the poor – it is between the knowledge workers and manual workers, which Peter Drucker predicted in startling detail decades ago.   Charles Hughes, a professor at Henderson State University, had…

Grammar and Punctuation

The Power of Punctuation

An English professor walked up to the chalkboard and carefully wrote out the following sentence, informing the students it was their responsibility to punctuate it correctly.   “A woman without her man is nothing” All of the males in the class wrote: “A woman, without her man, is nothing” All of the females in the…