KIM: When other investors panic, it’s time to get greedy
Whenever uncertainty abounds, such as the present, the brain seeks to find some semblance of control—even if it is just an illusion of control.
Mickey Kim
Articles
KIM: Buffett on coronavirus scare: ‘We certainly won’t be selling’
Nobody knows how long and far the coronavirus outbreak will go or how it will end. In a global economy, near-term cash flows will be hurt, but cash flows going out 10 or 20 years will not be.
KIM: In football and investing, conventional wisdom is ‘just OK’
Whether you’re an NFL team trying to make it to the Super Bowl or an investor who wants to generate better-than-average long-term results, your odds of success are greater if you ignore conventional wisdom.
KIM: New tools help families weigh investment merit of college choices
As with any investment, price is what you pay, but value is what you get.
KIM: Is WeWork the ‘canary in the coal mine’ for profitless ‘unicorns’?
When investors compete to give their capital to private companies, you get standards that are lowered at the same time valuations are raised, a recipe for disaster.
KIM: How Luck’s move explains the inverted yield curve
While Luck’s retirement obviously has nothing to do with the inversion of the yield curve, I’ve often found the world of sports provides useful analogies to the world of investing.
KIM: Study shows ‘behavior gap’ continues to destroy investor returns
Unfortunately, investors have an uncanny, destructive tendency to buy high (when they’re feeling overconfident) and sell low (when they’re scared).
KIM: Fasten seatbelts for second-half roller-coaster ride
While history suggests the road is likely to get increasingly bumpy over the next four months, it will be important (as always) to try to remain unemotional and stick with the plan.
KIM: Is Beyond Meat’s IPO valuation beyond rational?
Just like Clara Peller in the 1984 Wendy’s commercial, investors should be asking, “Where’s the beef?” at Beyond.
KIM: Get off the ‘positional treadmill’ and you just might be happier
You know what’s worse than judging a book by its cover? Judging a book by its cover—then making financial decisions based on what you guess the book might tell you.
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.
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.