How to Manage Your Cash Using The Central Collection & Disbursement Account Method

When I was first starting out, I found the world was full of general philosophy articles, essays, and commentary about finance, investing, saving money, and starting a business.  Very few people offered nuts-and-bolts here-is-how-we-are-structured explanations, though, which is what I valued more than anything else.  As I began to approve my monthly banking transactions this afternoon, I thought it might be useful for some of you to see how I setup our cash management system in the early days.  The basic structure stays with us, even though it is necessarily more complex.

Details

Mail Bag – How to Think About Business Problems (Reverse Engineering and Decision Trees)

Today’s mail bag focuses on strategy, decision trees, and reverse engineering problems. Dear Mr.Kennon,  I’ve been reading your blog for quite some time and i find it very useful in terms of business and finance knowledge.  I’m looking to start a business.I’ve read one of your mail bag responses, the one about taking a small…

Details
Kennon-Green & Co. Global Asset Management, Wealth Management, Investment Advisory, and Value Investing