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

The 7 Great Cult Beliefs That Have Arisen Throughout Human History

Warning: This is the working essay I promised to release earlier tonight.  It deals with certain common cult beliefs that arise throughout human history and civilizations.  It contains mature themes, images, and concepts.  It was written for myself as a way to process and understand these recurring patterns.  Due to the length of the essay, I…

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Don’t Silent Trust Funds Constitute a Massive Loophole in Financial Aid Calculations?

My morning was spent reading the New Hampshire Bar Journal, Winter 2010 edition because I was interested in a piece by Joseph F. McDonald, III called Migrating Trusts to New Hampshire: The “Why” and the “How”.  New Hampshire, along with a very few other states, allows the existence of something known as a “silent trust” or “quiet trust”. It made me realize: I think a person could use these to drive a truck through the college financial aid process.

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This Is the Kind of Business Behavior That Disgusts Me

How can people do this and live with themselves?  This is the sort of thing that if I were running a company, I don’t care if we made millions of dollars a year in profit doing it, I’d shut it down.  I believe it is immoral.  Sure, it breaks no laws that I know of but it strikes me as ethically wrong.  It is the reason we need stronger consumer protection laws in the United States.  I believe it preys on the ignorant; the people who don’t know any better and who are trying to secure their future.

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