The mission of Kennon Green Enterprises is to create, acquire, nurture, and grow a collection of excellent businesses that generate high returns on equity, require little or no debt, have talented management teams, and come at a fair price to the firm. Our unique philosophy means that we wish to profit from the underlying results of a business over decades, not from rapid trading, financial engineering, or buying and selling divisions or subsidiaries.
As first voiced by J.P. Morgan more than a century ago, we wish to do, “first class business in a first class way”. We don’t believe economics is a zero-sum game. By focusing on new opportunities in the right fields, we believe that we can make our shareholders wealthy, reward our employees, do our part to grow the economy, improve the quality of merchandise and service experience of our customers, and pay ever-increasing taxes to fund the needs of a developed nation. Our demonstrated leadership in the area of supply chain efficiencies by partnering with the right vendors is a great example of how everyone can win. Some of our businesses even include a built-in charitable component by donating a percentage of operating profits to foundations complimentary to the mission of the company.
We understand that building a collection of businesses to last generations takes a lifetime of dedicated, disciplined adherence to these principles. From the first acorns to the ultimate forest, we couldn’t ask for a better job.
Industries
Investments & Capital Management – Our trading and investing activities
Design & Manufacturing – Domestic factories engaged in custom manufacturing
Publishing & Digital Assets – Domain licensing and digital content distribution
Retail Stores & E-Commerce – Specialty retail stores and niche market online sites