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

Example of Cartogram

Remember To Use Cartograms for Business, Political, and Socioeconomic Data Analysis

With less than 10 hours to go before the polls open for the 2012 Presidential election, I thought it would be a good time to remind you about the importance of using cartograms to study business, political, and socioeconomic data.  Cartograms should be a constant tool in your intellectual toolbox that you utilize to overcome…

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Net Worth and Income By Education Level

Household Income, Net Worth, and Unemployment Rates By Education Level

The most recent statistics on household income, net worth, and unemployment, sorted by education level, are really interesting.  Following our discussion about the splits that have emerged along geographic fault lines in the electoral body, I thought it would be important to highlight the economic differences and how enormous the income inequality is for the…

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Disney Buys Lucasfilms Darth Vader and Mickey Mouse

The Walt Disney Company Adds Lucasfilm To Its Stable of Investments for $4.5 Billion

As you probably know by now, The Walt Disney Company has acquired Lucasfilm Ltd. in a $4.5 billion deal.  The studio owns franchises such as Star Wars and Indiana Jones.  Half will be paid in cash and the other half will be paid in newly minted shares of the company, diluting the existing owners.  However, the terms are so favorable that, frankly, it looks like George Lucas took a much lower price than he could have gotten elsewhere solely to have Disney protect the brand, given the latter’s reputation and massive resources.  Not even including the cash that Lucasfilm itself produces, Disney could pay for the acquisition in less than 6.7 months using the money generated by its vast empire.

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Coca-Cola Pepsi and Dr Pepper Have 88 Percent Combined Market Share

You Can Get Rich With Just One or Two Big Ideas In Your Lifetime

I often get messages from some of you expressing a desire to invest but not wanting to sign up for a life buried in balance sheets or income statements.  The good news: In investing, you can do extremely well if you have a few good, big ideas in your lifetime.  You don’t have to become a master of everything.  You just need to understand what you are doing, focus on it with the persistence of a pit bull, and be patient during the periods when there is nothing attractive to do, content to sit on cash.  There is no need to master every industry, or spend your evenings pouring over the disclosure documents of a pharmaceutical giant to make money.  It isn’t necessary.

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How to Remain Detached from the Stock Market and Treat Your Investments Like Private Businesses Header

How to Remain Detached from the Stock Market and Treat Your Investments Like Private Businesses

How to Remain Detached from the Stock Market and Treat Your Investments Like Private Businesses When I was much younger, I kept seeing Benjamin Graham’s famous allegory called Mr. Market mentioned by great economists, investors, and financial historians.  I bought a copy of The Intelligent Investor to figure out why everyone was so enthralled with a book…

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