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

Simone's Drive In

The Kennons, El Dorado Springs, and The Wall Street Journal

We talk so often about the divide that is slowly happening in the United States as a result of socioeconomic forces.  I did a double take this afternoon when I came across the front page of The Wall Street Journal involving a story based on this reality.  It has a profile detailing how vastly different life experiences…

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Metroid Pixel Art Joshua Kennon

I Captured a Metroid

My youngest sister made our day yesterday by stopping by the house to visit for a few hours.  She had been at the NakaKon convention in Overland Park and saw an 8-bit pixel Metroid collectible she thought I’d love.  She was right.  Upon holding the specimen, I temporarily reverted to a six year old, 1980s-living, NES-dominating beast.  Behold, and listen to the theme if you need some adequate inspiration.

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Tesla Motors showroom in Munich, Germany

New Jersey Bans Tesla to Protect Car Dealer Monopolies

Tesla Motors, the Silicon Valley-based electronic car company that has revolutionized energy efficient vehicles and become a cult icon, operates its business like Apple.  It designs amazing products, then sells them direct-to-consumers through specialty branded stores, staffed with knowledgeable sales associates.  By cutting out the middleman, Tesla can pass more savings on to the consumer,…

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Don't Give In To the Siren Call of Leverage

Don’t Give In To the Siren Call of Leverage

So much misfortune in life can be sidestepped if you simply make it a rule to never stretch your finances, yet it’s a rule I see violated more than any other both through observation of those around me and through the messages I receive.  Someone can afford a $150,000 house but they try to buy a $250,000 house.  Another can realistically go to a college that will cause them to graduate with $10,000 in debt but they want to sign up for the program that will put them $40,000 in debt.  Then, not only do they have to hustle to try and meet their legally promised payments, they have to pay rent (in the form of interest expense) on the savings they’ve temporarily borrowed from someone else through an intermediary such as a bank.

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Bhunivelze

Final Fantasy XIII Lightning Returns Is Plato’s Euthyphro Dilemma In Drag

Having reached the end of the road in the third installment of the Final Fantasy XIII trilogy, requiring 150+ hours of game play over a four year period to climb the highest levels of power in creation and culminate in a conclusion to the series, I’m struck how the entire thing is really a well-done repackaging of Plato’s Euthyphro dilemma. In case it’s been awhile since you delved into the classics, the philosopher’s famous question posed in Greece more than 2,300 years ago can be summed up as (made singular since a majority of world religions are now monotheistic): Is something “good” because God says it is good, making it dependent upon His will or does God say something is “good” because it is inherently “right”, making goodness independent of His will?

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Warren Buffett Berkshire Hathaway Stockholder Letter Commentary

Warren Buffett Hints That Berkshire Hathaway Shares Are Cheap In Stockholder Letter

I’m taking it as a given that practically everyone who reads this site has already gone through Warren Buffett’s stockholder letter, which Berkshire Hathaway released today. Personally, I love how, for only the third or fourth time in his career, Buffett essentially provides enough mathematical evidence to say to people, “You’re a moron for not buying Berkshire Hathaway at these prices, but I’ll never come right out and say it.”  He did it in sort of a clever way, too, to encourage people to run the figures.

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