We’re Turning Back On One of the Caching Systems Today So The Blog Should Start Loading Much Faster

Now that we’re back from Chicago, I’m going to try to spend a few hours each day working on the blog upgrades we’re rolling out as part of Google’s new focus on mobile-friendly sites.  With somewhere around 40% of the changes done on the backend, we’re reactivating the first of the cache tools today, combining it with the Cloudflare network to see if there are any conflicts.  

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Eataly in Downtown Chicago Should Be Your New Italian Grocery Store

Eataly in Downtown Chicago Should Be Your New Italian Grocery Store After hours browsing the Thorne miniatures and the paintings, sculptures, and pottery at the Art Institute of Chicago, we were hungry.  Jimmy wanted us to see a grocery store he thought we’d love called Eataly.  He was right.  This place is everything a grocery store…

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The Thorne Miniatures at the Art Institute of Chicago Are Incredible

Narcissa Niblack Thorne was born in 1882.  She fell in love with her childhood sweetheart, James Ward, and they married.  He was the heir to the Montgomery Ward fortune, one of the biggest in the world at the time thanks to a chain of department stores that were once as ubiquitous as Target or J.C. Penney.  A graduate of art school, the Chicago socialite wasn’t content to sit around and make small talk all of her life.  She began designing and orchestrating these incredible one-foot-to-one-inch scale historical replicas of different architectural, interior design, and furniture styles throughout history to serve as models of how homes and spaces had changed over the years.  She was meticulous and insisted upon accuracy (e.g., the wood, down to the grain direction, of the tiny furniture had to be made in exactly the same way as the model piece upon which it was based.)

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Thoughts on Berkshire Hathaway’s Intrinsic Value – 2015 Edition

Surveying the most recent ten year period, the increase in Berkshire Hathaway’s economic engine has been breathtaking.  The Great Recession of 2008-2009 gave it the opportunity to lay out billions upon billions of dollars in cash it had been storing for years prior at terms that were unlike any deals we’ve seen in decades.  Convertible preferred stocks, warrants, private buyouts … the firm got its on hands highly lucrative securities, many of which were privately negotiated and offered return enhancers not available to average investors …

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Data-Based Decisions Are the First Step to Escaping Negative Feedback Loops

Shortly after Blue Fairy gives life to the eponymous wooden puppet in the 1940 classic animated film Pinocchio, she instructs him that he must, “Always let [his] conscience be [his] guide”.  Were she a rationalist, she might have added an important addendum: “And make decisions based upon objective, high-quality, third-party-recorded data to remove your own bias as much as possible…

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Kennon-Green & Co. Fiduciary Financial Advisor, Wealth Management, Global Value Investing