Dec272012

Why Are People Surprised That Savings Bonds Beat Stocks Over the Past 12+ Years?

Savings Bonds6 Comments

I’ve noticed an array of articles exclaiming that savings bonds, including both the Series EE savings bonds and the Series I savings bonds, beat stocks over the past ten or fifteen years.  Nearly every time I make my way into one of these essays or news stories, I just shake my head because the surprise displayed by the men and women penning these pieces indicate a complete lack of competence.  Those of you who have any experience managing money or with history immediately know my objective: No asset class, per se, is sacrosanct.  What matters is the price you pay for the asset relative to how much underlying cash it generates.

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Dec42012
Warren Farrell University of Toronto Protest

The Warren Farrell Protest at the University of Toronto: An Example of How Not to Behave If You Want To Be Successful In Life

Politics, Religion & Culture, Sociology26 Comments

On this site, we strive to practice the philosophy of John Stuart Mill, who would eagerly read every side of an argument because he wanted to se that “no scattered particles of important truth are buried and lost in the ruins of exploded error”.  That means we each have a fundamental, moral duty to openly…

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Dec22012
Focus on Total Return When Managing Your Portfolio

Focus on Total Return to Manage Your Investments Better

Stocks3 Comments

In finance, there is a concept known as total return.  The goal of total return is simple: To tell you what the overall results were to you, the owner, during a time period you held an asset.  This includes any fluctuations in the liquidation value of the asset itself, profits produced by the asset and distributed to you as dividends, spin-offs from activity split off from the asset, etc.

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