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

Pepsi vs. Coca-Cola Investment Returns

Pepsi vs. Coca-Cola Investment Returns Over My Lifetime

When Aaron and I were at the World of Coca-Cola in Atlanta, we thought about buying our niece and nephews some gifts from the retail store but ultimately decided to give them something more valuable: Stock.  We’ll make another transfer to the custodianships I setup last year, modeled partly after the one we established for my youngest sister more than a decade ago.

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Jocelyn and Erika Raglan Road Downtown Disney

Lunch at Raglan Road in Walt Disney World with Old Friends

On the way back from spending the week with friends, Blake and Karen, on Captiva Island, we decided to take a detour to meet up with two other old friends we don’t get to see very often, who happened to be at Walt Disney World.  We were heading toward Tampa and re-routing to Orlando would only a few of hours to the trip, so we arranged to have lunch in a pub at Downtown Disney before we had to get back on the road, again.

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President Obama Foreign Tax Increase Proposal

About That Proposed One-Time $280 Billion Tax on Foreign Corporate Profits …

President Obama’s administration has announced that he wants to impose a one-time tax levy of up to 14% on the $2 trillion in foreign profits American companies have built up and not repatriated in exchange for making repatriation on future foreign profits that were subject to at least a 19% tax rate tax-free, encouraging domestic…

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QVC Moon Planet or Star Debate

Watch QVC Hosts Debate Whether the Moon is a Planet or Star (and a Lesson on Basic Economics)

If you need something to brighten up your day (or make you feel despondent depending on how you look at it), this is living proof that all you have to do to be successful in life is give people what they want at a price that is higher than the cost it takes you to deliver it to them, with sufficient margins for risk, capital tie-up, and opportunity cost.  You can literally fail 3rd grade science and, if you satisfy a want, make six, seven, or even eight figures a year.  The system we have now forgives a lot of shortcomings if you prove useful in other areas.

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