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.

Ninth Amendment to the Constitution of the United States of America

Some Things to Think About the IX Amendment of the United States Constitution

I happened to re-read some of Justice Scalia’s opinions tonight and in his Evans dissent, Scalia stated, “Since the Constitution of the United States says nothing about this subject, it is left to be resolved by normal democratic means”. This sentiment embodies a fear that founding father Madison believed was inevitable – that someday, someone would come along and convince people that only those rights listed in the constitution were constitutional rights.

Perry v. Schwarzenegger Ruling from Judge Vaughn Walker Analysis

My Analysis of Judge Walker’s Proposition 8 Ruling, Perry v. Schwarzenegger, Legalizing Marriage Equality in California (and Possibly the Entire United States)

I finally got through the ruling from Judge Vaughn Walker in Perry v. Schwarzenegger which overturned Proposition 8 as unconstitutional and it is scathing. I have never read anything worded this strongly other than Scalia’s dissent in Lawrence v. Texas where you could virtually hear the man shrieking with fists flying (and I say that having tremendous, enormous respect for Justice Scalia’s intellect, which at times, soars to the level of an apostle preaching legal gospel).

Pornography Study Men

Pornography Study Failed After Researchers Couldn’t Find a Single Man Who Hadn’t Viewed X-Rated Material

Bizarre but true results of several recent studies on human behavior: Turns out, women have no clue that a vast majority of men regularly consume pornography even while in relationships and religious affiliation increases the per capita consumption of pornography, perhaps due to the forbidden fruit aspect of repression. Furthermore, the more pornography available to citizens, the more drastically rape cases decline. The findings shocked the researchers behind the studies.

Mental Model by Joshua Kennon

Mental Model: The Dunning–Kruger Effect

Mental Model: The Dunning–Kruger Effect Have you ever wondered why some people come to erroneous conclusions despite all the counter evidence, overestimate their abilities, and constantly make mistakes whereas other, more intelligent people often claim ignorance and throw things on the “too hard” pile? The reality is that not everyone in a given population can…