KIM: Focus on the ‘signal,’ ignore the ‘noise’
Headlines and talking heads are noise to be ignored.
Mickey Kim
Articles
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.
KIM: Recognize role luck plays in success in investing, life
Even the hardest workers and best decision makers among us will fail to succeed consistently without luck.
KIM: Passive indexing boom might turn into bust
My colleagues and I at Kirr Marbach & Co. see parallels between now and the technology stock mania of the late 1990s.
KIM: Amazon’s relentless march collects more casualties
Amazon forever changed the way America shops, to the detriment of traditional brick-and-mortar retailers.
KIM: Fiduciary rule or not, be on guard for conflicts
Now that the Department of Labor’s fiduciary rule is effective, does that mean you can relax your vetting process? Absolutely not, as it’s been proven time and again it’s impossible to legislate ethical behavior.
KIM: Kushners throw spotlight on dubious EB-5 program
Unlike the original aim of EB-5, many projects that qualify would have happened anyway. Access to cheap financing just increases profits of developers.
KIM: We all should heed advice from retired Navy SEAL
Making your bed will also reinforce the fact that little things in life matter. If you can’t do the little things right, you will never do the big things right.
KIM: How new owners turned Twinkies into solid gold
The tale of Hostess’ demise and rise from the ashes is a fascinating case study of iconic brands, mismanagement and how private equity/buyout firms can make mind-boggling sums in the blink of an eye.
KIM: First quarter of this year a mirror image of 2016
We think smaller-cap stocks are poised to do better, as they tend to have less international exposure and pay higher effective tax rates.
KIM: Are ‘tontines’ from 1653 a fix to retirement crisis?
For a possible solution, let’s turn to Italian banker Lorenzo de Tonti, who in the 1600s proposed a “tontine” to Louis XIV as a way for the French king to finance his wars.
KIM: A cautionary tale we’ll call ‘Lefty and the Gambler’
PGA superstar Phil “Lefty” Mickelson may be called to testify in the insider trading trial of sports-bettor William “Billy” Walters.