KIM: Don’t be fooled by ‘hot hand’ fantasy in hoops or investing
With basketball a metaphor for life for many passionate fans, what lessons hold true both on and off the court?
Mickey Kim
Articles
KIM: Let Indiana help you pay for gift of college education
If there’s one absolute truth in investing, it’s that there is no such thing as a sure thing. However, for Indiana residents who want to help children, grandchildren or other loved ones save for college, there is the next best thing.
KIM: Consider value proposition of various college choices
Two-thirds of bachelor’s degree recipients borrow to attend college. The average debt is $26,500, but some is much higher.
KIM: Election may not sway markets like expected
With election rhetoric reaching a fever pitch, investors are curious about what an Obama re-election or Romney win will mean for the stock market.
KIM: Disrespecting bull market can be costly to investors
What a difference a year makes. Last October, we wrote of the U.S. stock market’s dismal third-quarter performance.
KIM: Don’t let ‘urgent’ tasks trump what’s truly important
Deep down, we know we need to make important life decisions, like updating investment portfolios, creating estate plans, or crafting a college savings strategy. All of these are hard work, take time and are nobody’s idea of fun.
KIM: Investors can find treasure in ‘discarded’ businesses
Our experience has been that corporate restructuring often creates market inefficiencies, allowing us to buy at a significant discount.
KIM: Why the Libor lie matters to the man on the street
Libor, the London interbank offered rate, certainly sounds like an obscure, technical bit of financial jargon. However, Libor directly affects the pricing of more than $800 trillion in securities and loans.
KIM: Is high-frequency trading ‘Knightmare’ on Wall Street?
Much like the fictional Skynet in the “Terminator” movies, firms engaging in “high-frequency trading” have unleashed a torrent of unbridled technological firepower that seems to have overwhelmed its human makers’ ability to control.
KIM: Beware conflicts of interest when seeking financial help
There is no such thing as unbiased advice, and conflicts of interest are not automatically bad. However, it’s up to you to take steps to protect yourself from becoming “skinned” in this jungle.
KIM: Have we seen second quarter of 2012 before?
The U.S. equity market tested the confidence and resolve of investors in the second quarter of 2012.
KIM: Compounding, Rule of 72 work for you if you let them
Saving/investing more and earlier is a simplistic strategy, but it requires discipline, patience and hard work.
KIM: When planning finances, balance wants and needs
I think our educational system needs to do a much better job of equipping students to make wise financial decisions.
KIM: European debt crisis is deja vu all over again
The European debt crisis has reignited and quickly heated to a full boil. Stock markets across the globe have been slammed.
KIM: Talk to your spouse early about money, big issues
Do you and your spouse (or significant other) share exactly the same opinion on financial matters, such as spending, saving, borrowing and investing? If so, you’re in a very small minority of couples.
KIM: Should investors ‘friend’ Facebook’s massive IPO?
At the top end of the predicted range of $28 to $35 per share, Facebook would raise up to $13.6 billion and sport a market value just shy of $100 billion.
KIM: Is Apple trading at $600 investor iNsanity?
At a recent price of $600 per share, Apple boasts a market value just shy of $560 billion, making it by far the most valuable company on the planet.
KIM: Don’t let your fear, greed push you to ‘behavior gap’
While we clearly can’t control the economy or the markets, our behavior is up to us.
KIM: ‘Price is what you pay; value is what you get’
It is impossible to make an intelligent assessment of the investment merit of an asset without accounting for its price.
KIM: Is No. 1 NFL draft pick a franchise fix or fool’s gold?
“Scorecasting” authors say teams consistently place excessive value on high draft picks and routinely overpay, in terms of current and future picks, to move up the draft order.