KIM: Stocks’ recovery from December massacre holds important lessons
The doom and gloom headlines from December have turned ebullient, as the S&P 500 in the first quarter posted its best performance since the third quarter of 2009.
Mickey Kim
Articles
KIM: Kraft Heinz debacle proves not even Buffett immune to mistakes
While Berkshire Hathaway CEO Warren Buffett has achieved well-deserved mythical stature among investors, even the “Oracle of Omaha” makes huge mistakes. Exhibit A is the recent debacle involving his investment in Kraft Heinz. I recently highlighted Buffett’s call in his 2018 annual letter to shareholders of Berkshire Hathaway for investors to focus on Berkshire’s “forest,” […]
KIM: Buffett says to focus on the ‘forest,’ appreciate ‘The American Tailwind’
Rational people don’t risk what they have and need for what they don’t have and don’t need.”
KIM: Savers shouldn’t settle for abysmal interest rates
the only risk-less option giving you immediate access to your funds is a traditional bank savings account earning essentially 0 percent interest. Or is it?
KIM: Shutdown highlights urgent need for ‘uncertainty fund’
We all need to realize nobody is immune to a sudden job loss or other income interruption.
KIM: Have index funds become ‘Frankenstein’s monster?’
Jack Bogle, the inventor of index mutual funds, said just weeks before his death on Jan. 16 at age 89 that index funds had become the “most successful innovation in modern financial history”.
KIM: Take this non-forecast for 2019 to the bank
Not only is volatility normal, it is necessary for generating outstanding long-term returns.
INVESTING: Buffett believes market volatility a gift to savvy investors
Focus on what you can control and try not to fret about what you can’t. Extreme short-term volatility can be a gift to long-term investors, if you let it.
KIM: Break free from anchors, short-term focus to boost returns
The problem with anchoring is, it fails to recognize the extreme volatility inherent in stocks.
KIM: Act now to take advantage of the best college savings tool
With college costs escalating rapidly, reducing future debt by starting to save as much and as soon as you can for a child’s college education is vitally important.
KIM: Use this advice to weather the volatility storm
You might not realize it, but when you decided to invest in stocks, you bought a ticket to ride an emotional roller-coaster.
KIM: Is cannabis stock frenzy a case of ‘reefer madness’?
Cannabis may be the wave of the future, but that doesn’t mean the stocks are a good investment.
MICKEY KIM: Stocks continue to be appealing, but Goldilocks has left building
The fact remains that both the stock market’s advance from the March 2009 lows and the economic expansion are long in the tooth.
KIM: Musk’s reckless tweet unleashed chaos, damaged market integrity
When a company raises capital to fund its growth by selling stock to the public, part of the bargain is that it incurs obligations to disclose certain information to investors that is reliable.
KIM: More skin in game may have prevented Lehman Brothers’ collapse
The Federal Reserve Bank of New York has stated that “misaligned incentives contributed greatly to the financial crisis.”
KIM: Purdue revolutionizing college finance with Back a Boiler
If the Purdue degree is valuable and leads to a well-paying job, Purdue and the student both benefit. If not, Purdue absorbs some or even all the financial pain.
KIM: Wynn Resorts debacle highlights risk of imperial CEO
You can bet if there are narcissistic tendencies locked inside a lucky founder/CEO, fortune, fame and power will set them free.
KIM: Will unfriended Facebook ‘de-FAANG’ the stock market?
the FAANGs have become “one-decision stocks”—stocks you should buy, no matter how expensive, and hold forever.
KIM: ‘Action bias’ harmful to soccer goalkeepers and investors
Not only are humans highly emotional and lacking in self-control, they are influenced by all sorts of biases and supposedly irrelevant factors.
KIM: Buffett says ‘short-termism’ harmful to economy and investors
A shrinking-but-still-significant population of public companies provides quarterly “guidance” to analysts, which is essentially management’s own estimate of future earnings.