About Todd Wenning

I'm an investor and writer based in Cincinnati, Ohio. After graduating with a history degree in 2003, I started from scratch in finance and have spent the last 20+ years learning, improving, and teaching. Writing publicly about investing since 2006 accelerated my development, including my book, Keeping Your Dividend Edge (2016), and hundreds of blog posts and articles for sites such as Morningstar, Investor's Chronicle (UK), the CFA Institute, and The Motley Fool.

My philosophy is rooted in a simple (yet hard to do) principle: investing in companies with economic moats, managed by dedicated and capable stewards, at attractive prices, and then - critically - not getting in the way of that combination as it compounds value over time. 

In August 2017, I published a diagram of my investing philosophy that was widely shared on Twitter. Below is my updated version with some minor changes.

Copyright 2017, 2023, W8 Group, LLC

I've spent eight years on the buy-side as a generalist analyst at Ensemble Capital and Johnson Investment Counsel and have nearly four years of sell-side experience at Morningstar where I led the company's equity stewardship methodology and covered companies in the basic materials, consumer, and industrial sectors. Before my time in institutional research, I was an analyst, newsletter editor, and writer for The Motley Fool, supported private wealth managers at SunTrust Asset Management, and was a licensed representative at Vanguard.

I’m a finance lecturer and the Director of the Hanley Center for ESG Investing at The University of Dayton.

In 2024, I launched KNA Capital Management, where I serve as the President and CIO.

I'm a proud graduate of Saint Joseph's University in Philadelphia, where I majored in history and minored in economics. I'm a lifelong Cincinnati Reds & Bengals fan and support Fulham FC in English football.

You can read some of my earlier writing here and contact me by email if you have any questions.

It’s great to have you on board.

Stay patient, stay focused.


Todd is the President and CIO of KNA Capital Management, LLC, an investment management firm based in Cincinnati, Ohio that is currently pending state registration. The information contained on this site as well as kna-capital.com is for informational purposes only and should not be considered as investment advice or as a recommendation of any particular strategy or investment product. This blog should not be considered as a solicitation for services.

This material on FlyoverStocks.com is published by W8 Group, LLC and is for informational, entertainment, and educational purposes only and is not financial advice or a solicitation to deal in any of the securities mentioned. All investments carry risks, including the risk of losing all your investment. Investors should carefully consider the risks involved before making any investment decision. Be sure to do your own due diligence before making an investment of any kind.

At time of publication, the author, his family, or KNA Capital Management clients may have an interest in the securities mentioned or discussed. Any ownership of this kind will be disclosed at the time of publication, but may not be updated if ownership of a particular security changes after publication.

This newsletter does not provide buy or sell recommendations and articles should not be interpreted this way.

Information presented may be sourced from third parties and public filings. Unless otherwise specified, any links to these sources are included for convenience only and are not endorsements, sponsorships, or recommendations of any opinions expressed or services offered by those third parties.

Flyover Stocks has partnered with Koyfin to provide a discount to Koyfin’s services for Flyover Stocks readers. The W8 Group, LLC, which publishes Flyover Stocks, may receive a commission from a reader’s purchase of products linked from this page as part of an affiliate program.

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Flyover Stocks is an investing newsletter that focuses on finding quality businesses with economic moats, led by talented stewards of shareholder capital. We will also discuss investing philosophy, strategy, portfolio management, and behavior.


Investor and writer based in Cincinnati, Ohio. Focused on finding businesses with economic moats and led by thoughtful stewards of capital.