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

General Electric Stock from the 1940s

Stocks vs Bonds vs Gold Returns for the Past 200 Years

I write a lot about investing in stock and investing in bonds over at Investing for Beginners at About.com, a division of The New York Times. There is a reason I tend to be far more favorable to equity investments (stocks) than fixed income investments (bonds) when it comes to long-term investing and why much…

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Understanding Poverty by Ruby Payne

Being an Effective Educator and Communicator Requires an Understanding of the “Rules” of Your Students’ Social and Economic Class According to Ruby Payne’s Book A Framework for Understanding Poverty

My lunch with friends yesterday turned into a 3 to 4 hour event as we hung out at a local independent pizza parlor and discussed kids, love, True Blood, taxes, and a host of other things.  The topic of poverty came up (as is inevitably bound to happen when the group includes a social worker,…

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Benjamin Graham Value Investing Allegory

Benjamin Graham Intrinsic Value Formula

A Look At How the Father of Value Investing Calculated the Intrinsic Value of an Ordinary Share of Common Stock Benjamin Graham, the rich investor, professor, and mentor to Warren Buffett, once proposed a quick back-of-the-envelope intrinsic value formula for investors to determine if their stocks were at least somewhat rationally priced.  He encouraged investors…

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Intrinsic Value Book Featured

When It Comes to Books, I Don’t Care How Much Money I Spend or Waste Ruining Them

I’m a big reader.  Huge.  My library consists of thousands of titles, mostly all of which are non-fiction (biographies, finance, business, economics, psychology, history, ethics, etc.)  If I were to reproduce it, the cost would be somewhere between $12,000 and $30,000 depending on  how difficult it was to get your hands on many of the…

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