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

Damn Right Charlie Munger Biography by Janet Lowe

A Perfect Example of Acquiring Cash Generating Assets from Charlie Munger

I’m re-reading “Damn Right! Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger” by Janet Lowe and came across a passage that illustrates exactly the sort of thing I’m talking about when I harp on acquiring assets that constantly churn out piles of cash for you spend, redeploy into new investments, give to charity, or…

Read more
Cost of Owning a Car Thumbnail

The Cost of Owning a Car: The Average American Spends 58.5¢ Per Mile Driven, or $8,776 Per Year Per Car

[mainbodyad]It always struck me as particularly stupid when people complained about the cost of gasoline, even when I was a teenager with very little money just learning about how investing worked. It seemed perfectly obvious to me that if an increase of $1 per gallon cut into your standard of living, you were living so…

Read more

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