Investing is the process of putting aside money today in exchange for more money in the future. This process involves risk but, when well managed, can help grow your wealth over time due to the power of compounding. This is the investing archive that includes articles published on JoshuaKennon.com. If you are looking for more great content, visit Joshua’s Investing for Beginners site at About.com, a division of The New York Times.

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

Jesus Turns Water Into Wine

The Problem With Moral or Ethical Investing Is No One Can Agree On What Constitutes Moral or Ethical Behavior

It’s a fairly consistent thing that I get messages asking about the morality or ethics of investing in a certain type of company.  Right now, there is a mail bag response I’m working on that deals with this topic.  We’ve also talked about the fact that the Bri Institute thinks Jesus hates my portfolio.  Though,…

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Change the Way You Think About Business Ownership and You Can Change Your Life - Header

Change the Way You Think About Business Ownership and You Can Change Your Life

Shortly after World War I, Raymond Poincaré, the Prime Minister of France, decided against partnering with Royal Dutch Shell to fund the energy needs of the French people.  One of his military commanders, Colonel Ernest Mercier, worked with 90 banks and businesses to establish a new oil company called French Petroleum Company (er, technically, Française des Pétroles Compagnie since they weren’t speaking English).  The name might sound prosaic but keep in mind this was the era of “General Electric” and “Standard Oil”.  The new undertaking began operations on March 28th, 1924. Today, that business is known as Total, S.A. and it is one of the six supermajor oil powers on the planet.

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Is Wells Fargo Stock Undervalued

Is Wells Fargo Undervalued?

I am reading the Wells Fargo & Company annual report again for the fourth time this year, as well as conference call transcripts, analysts reports, and a host of other documentation.  I’ve been looking at making some additional purchases of Wells Fargo & Company for the long-term holdings through some of my personal retirement trusts and plans, including the only one I discuss on the site, the KRIP portfolio, because I’m convinced the “new” bank, which includes the acquisition of Wachovia during the Great Recession and financial meltdown that doubled the size of the “old” bank, is significantly undervalued.

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World of Disney in the Walt Disney World Resort in Orlando, Florida

I Bought 100 Shares of The Walt Disney Company as a Souvenir During My Visit to the Resort

After breakfast this morning at the Animal Kingdom lodge, we headed over to Downtown Disney.  As we shopped for souvenirs before flying back to Kansas City tomorrow, I was in the enormous World of Disney store when I realized the best possible souvenir I could have would be ownership in the business.  From the kitchen section, surrounded by Mickey Mouse spatulas and Minnie Mouse oven mitts, I took out my phone, remotely logged into one of my personal brokerage accounts, and purchased a small memento in the form of 100 shares of The Walt Disney Company at $33.04 per share.  

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