KIM: NHL coaches and investors often focus on wrong ‘risk’
Both hockey coaches and investors need to accept higher volatility in trying to turn probable losses into possible wins.
Mickey Kim
Articles
INVESTING: Stocks typically struggle during midterm election years
There is a “presidential cycle” for stocks, a pattern coinciding with various years of a presidency.
MICKEY KIM: Value and process key for Kentucky Derby, stock picks
Referring to picking stocks, Warren Buffett famously said, “Price is what you pay; value is what you get.” As it turns out, the same can be said for betting the Derby.
KIM: Fear of trade war rocks stocks, investor confidence
We hope/believe much of this talk is “saber-rattling” and posturing ahead of negotiations that will occur between the United States and China in the coming weeks.
KIM: For a viable retirement, age 70 is the new 65
The results under the current “do it yourself” retirement system with investment-based, worker-savings-funded accounts have been disastrous.
KIM: Overconfidence plagues ‘bracketologists’ and investors
Never accept a wager offered by Warren Buffett and don’t sell when he’s buying (or vice versa).
KIM: Did you pass or fail February’s market test?
Pundits blamed the correction on fears over rising inflation/interest rates, a more “hawkish” Fed, and the breakdown of a misused option product used to place leveraged bets on market volatility.
‘Philly Special’ a recipe for Super Bowl—and investing—success
No situation illustrates both the benefit of analytics and curse of conventional wisdom than whether to “go for it” on fourth down in football.
KIM: ‘Breaking Bad’ provides valuable business lessons
Aside from tremendous pure entertainment value, “Breaking Bad” taught important business and investing lessons.
KIM: Tipping’s role in society perpetuates class system
The practice of tipping is ingrained in American culture but is a huge can of worms.
KIM: Focus on the ‘signal,’ ignore the ‘noise’
Headlines and talking heads are noise to be ignored.
KIM: Don’t let Bitcoin turn you into the ‘greater fool’
“Greed,” “envy” and “pride” are three of the seven deadly sins, inflating not only the current bubble in Bitcoin but all the bubbles that came before and will follow.
KIM: Gifts for college education easier to make than ever
Instead of getting sucked into Black Friday’s vortex of excessive holiday consumerism, consider giving a gift that will last a lifetime.
KIM: Mutual fund distributions are a risk you can avoid
Taxable shareholders should avoid buying shares of a fund in front of a large distribution. The last thing you want is to buy into a fund and pay taxes on a distribution you did not enjoy in any way.
KIM: Nobel winner: We’re more Homer than Mr. Spock
Humans act on biases in irrational and predictable ways, often leading to poor decisions.
KIM: Review timeless truths before next market ‘crisis’
Reviews Ben Carlson’s “obvious truths” about investing in times of relative calm
KIM: Betting against Buffett is a costly proposition
Don’t buy when he’s selling or sell when he’s buying.
KIM: ‘CAT’ bonds ease financial pain of nature’s fury
Weather forecasting and investing are both probabilistic endeavors.
KIM: Is new Greek bond deal deja vu all over again?
With bailout support and shackles both expiring next August, I’m afraid we’ve seen this movie before.
KIM: Are passively managed funds too ‘dumb’ to vote?
Because passive funds do not choose stocks based on performance potential, Lund asserts they lack a financial incentive to ensure that each of the companies in their very large portfolios is well run.