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.

1924 Income Tax Payers

The Top 14 Federal Income Tax Payers of 1924

In Wealth and Democracy: A Political History of the American Rich, Kevin Phillips looks at the biggest Federal income tax payers shortly after the income tax was introduced.   Taxpayer Taxes in 1924 Dollars Taxes in 2012 Dollars John D. Rockefeller (oil) $6,278,000 $84,249,292 Henry Ford (autos) $2,609,000 $35,012,170 Edsel Ford (autos) $2,158,000 $28,959,856 Andrew Mellon…

Angry Birds Plush Doll

Real Life Angry Bird Is So Tempting …

Picture it: I had to do a favor for my brother.  Aaron goes with me.  We walk into Barnes & Noble after said favor is complete.  As I make my way through the aisles on the upper level, I approach a near empty table with an Angry Bird plush ceremoniously placed in the center.  Right over the opening to the lower floor.  It took every ounce of my not inconsiderable self-control not to pick it up, yell the Angry Birds sound, and hurl it over the abyss.