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.
Last week, I posted on a 50-year investment history of shares of The Coca-Cola Company. As I was publishing this month’s About.com content, I began writing a piece that I called The Dividend Dilemma that focused on whether you should reinvest your dividends or not. Around the same time, one of the readers, Matt Nix,…
We’re finishing with the home upgrades, I need to run to the airport to pick up my brother … a lot of good things are happening!
This really is an amazing planet. A new version of my favorite “Earth from space” videos has been posted, this time with pictures from the International Space Station, set to music, and well-edited. Thank you Knate Myers for putting this together and to the folks who tipped me off about it. I recommend you watch…
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.
For longer than I can remember, I have come across Community Coffee, a family-owned coffee roaster that is famous in the Southern United States, particularly the Louisiana area. I have always intended to order their coffee to try it for myself but it would slip my mind. During a recent episode of True Blood, I noticed it…
I’ve spent a big part of today doing investment research on synthetic gemstones vs natural gemstones. Following the recent reading foray into the world of jewelry retailing, distributing, and mining, I kept coming across a company called Chatham. They had reportedly perfected the art of manufacturing gemstones such as rubies and sapphires inside of a…
That is the average lifespan in the United States today: 27,375 days. If you are typical, that is what was deposited in your “time bank” when you were born. Every day, whether or not you want to, you make a withdrawal of 1 day. When the days run out, you die. Game over.
Have you ever met someone, or seen someone on television, who has insane, completely irrational beliefs? These beliefs could be scientific. They could be religious. They could be political. They could be racial. They could be philosophical. The particular manifestation doesn’t matter. An example would be the stoning to death of a woman accused…
The atmosphere at the Country Club Plaza feels like a celebration tonight because the best baseball players in the country are staying at The Intercontinental for the 2012 Major League Baseball All-Star Game. The fountains have been dyed blue, in honor (we presume) of the hometown Kansas City Royals, it looks like there is going to…
This fourth of July, I started the day at a family dinner pool party, spent the early afternoon watching BBC’s Sherlock with my grandmother who instantly fell in love with it, and tonight, I will be in my home study playing Civilization V Gods & Kings probably until 4 or 5 a.m. However, I have discovered…