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
Articles
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.
KIM: ‘Secret’ to stunning philanthropic gifts hiding in plain sight
“Salt-of-the-earth” people of modest means can still manage to amass multimillion-dollar estates, through discipline and the miracle of compounded interest.
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.
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.