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

Ohio Tax-Favored Home Purchasing Savings Account Details

Ohio Just Created a Tax-Favored Home Purchasing Savings Account Called the Ohio Homeownership Savings Account

Buried thousands of pages within its newly-enacted buget, the State of Ohio just quietly created a new Ohio Homeownership Savings Account program that allows individuals and married couples in the Buckeye State to take a tax deduction in exchange for saving for the purchase of a house. I think this could be the start of something interesting, especially if it takes off across other states and/or the Federal government.

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Chris Browne

Famed Value Investor Christopher Browne’s Estate Becomes Most Expensive Home In American History At $145,000,000

One of the most famous value investors of the past 100 years was a man named Christopher H. Browne.  His father started a small firm, Tweedy, Browne & Company, that was Benjamin Graham’s stockbroker.  It was through Tweedy Browne that Warren Buffett bought his personal shares of Berkshire Hathaway, taking control of the textile mill he would…

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How Much Would the Real Life Monopoly Game Board Cost or Be Worth

If Monopoly Were Real Life, How Rich Would You Be If You Owned the Entire Board?

If you wanted to be as rich as Mr. Monopoly, how much would it take?  How high would your annual income be?  Your net worth? Those are the question that I pondered sitting at my desk this morning.  Out of pure curiosity, I began to adjust the values of the Monopoly property rents for inflation, using the last full-year CPI figures (2009), knowing that the game was originally released in 1935. 

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