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.

President Obama State of the Union

The True Source of the Unemployment Problem: In the Next 10 Years, 50% of Jobs Will Require Training Beyond High School Yet 25% of Students Aren’t Even Graduating from High School

The single most important line in the President’s State of the Union speech to Congress last night hasn’t gotten a lot of attention.  Here it is: Over the next ten years, nearly half of all new jobs will require education that goes beyond a high school degree. And yet, as many as a quarter of…

Remembered

How Would You Like to Be Remembered?

In an interview called “JK Rowling: A Year in Her Life”, that covered the period during the last year when she finished the final Harry Potter book, the interviewer asked Rowling, “How would you like to be remembered?”.  Her response was poignant. As someone who did the best she could with the talent she had.…

Thomas Kinkade The Cross Painting

Much to the Chagrin of the Art Establishment, the Numbers Indicate that Thomas Kinkade Is the Most Successful and Relevant Artist in Human History

I was enjoying a discussion with someone about hyperrealism around the time I wrote last night about my love for the works of Eric Christensen, Pedro Campos, Steve Mills, and Nathan Taylor, when they kept insisting that stil life paintings, particularly those that are close to a photograph, lack emotion.  (I completely disagree – the…

What Man Has Done, Man May Do

What Man Has Done, Man May Do

What man has done, man may do. – Proverb On May 6th, 1954, at Oxford University’s Iffley Road Track, Roger Bannister became the first recorded man in history to run a mile – exactly 5,280 feet – in less than 4 minutes.  His time, 3:59:04, was thought unachievable.  Men had tried countless times and failed.…