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

Loren and Saren Amazon Princess

Loren the Amazon Princess, Pot Roast, and Snow Days

With the holidays concluded, too many Thanksgiving, Christmas, and reunion dinners to count, endless nights with family and friends, and the bulk of the busy season behind us in the businesses, we spent today in our pajamas as the snow fell outside, cooking a pot roast and working on some projects we wanted to finish.  (Technically, we still have one Christmas celebration left, which was postponed until later this week.)

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Super Mario 3D World Large

A Handful of Rare Businesses Enjoy Annuity Streams That Can Generate Cash for Decades

For the past hour, my mind has been on the power of some businesses to capture annuity streams that pay dividends for years, even decades or generations, with very little additional work.  When you can get one of these in your portfolio, they pump out wealth as long as you update them every once in a while.  They are the closest thing to geese laying golden eggs that exist outside of fairy tales.

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Tom Brier Ragtime

If You Were Born in the 1980’s, You Probably Love Ragtime Music Because of Video Games and Don’t Know It

There seems to be a misconception that ragtime music died along with the western saloons and brothels in which it reached its fruition.  That isn’t true.  If you grew up playing Nintendo, you may not even realize that you are a huge ragtime fan.  You know dozens of ragtime hits and hearing them will probably…

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Video Games May Seem More Expensive But They Aren’t – It’s All In Your Head

I have been hearing a lot of grumbling lately from friends and fellow gamers about the cost of video games.  The economist in me cringes when an otherwise rational person jumps into a diatribe on the state of video game pricing and the various console wars because it reminds me of those people who insist that gas is at an all-time high, even when the inflation-adjusted cost of traveling one mile is less than it was in the 1950s.  Listening to it makes me realize how thoroughly our education system has failed at producing rational, informed citizens capable of competing in the information age where knowledge is power.  

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