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

Walmart Annual Report Produce

Walton Enterprises LLC – The Family Holding Company of Sam Walton and the Walton Family

Sam Walton’s heirs have an estimated net worth of more than $90 billion.  To put that into perspective, the Walton family is as rich as Bill Gates and Warren buffet combined. Virtually all of this wealth came from Wal-Mart Stores, Inc., the publicly traded company that operates as the world’s largest retailer, bringing in a…

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Wisdom, Proverbs, and Knowledge

The Best Advice I Ever Received

The best advice I ever received came when my parents dropped me off at college. As they were getting in the car, my dad looked at me and said, “Your mom and I have done everything we could for you. We fed you, we clothed you and you have a high school education. From now on, it is your responsibility to make your dreams come true. We can’t do it for you, and no one else can either. If you want it, you have to do it on your own.”

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Factor In Your Income Sources When Seeking Diversification - Nest Egg

Factor In Your Income Sources When Seeking Diversification

When it comes to diversification, you have to look at your entire life and not just your portfolio.  Several years ago there was a book I really enjoyed that dealt with this topic called Are You a Stock or a Bond?: Create Your Own Pension Plan for a Secure Financial Future. It provided a valuable framework for understanding how the stability of income in your life should inform your approach to asset allocation.

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