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.

Kansas City Power and Light Bond for Bond Duration

Bond Duration and Your Bond Portfolio

Bond duration is one of the biggest and most important things to understand when managing a portfolio that includes bonds or other fixed income assets.  Managed well, bond duration can give the chance for huge capital gains profits.  Managed poorly, bond duration can wipe out a supposedly conservative bond portfolio in no time, leaving nothing…

The Tuskegee Experiment

The Tuskegee Experiment

An Example of Why a Free Press Is Vital to the Lifeblood of a Free Nation Imagine you go to the doctor.  He discovers that you have a deadly disease that will cause you great physical harm if left untreated and, ultimately, an early death.  Your brain will begin to degenerate and, eventually, your heart…