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.

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…

Chinese Proverb Melon Seeds

Do Not Throw Away the Melon for the Seeds

There is a traditional Chinese proverb that goes something along the lines of, “Do not take the seeds and throw away the melon”. Though there are many ways you can approach this, and multiple lessons that can be extracted from reflecting on it, it can be particularly sage when it comes to running a business and allocating the cash flow from that business. One of my favorite examples comes from The Coca-Cola Company.