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Kicking the Tires

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Kicking the Tires
Slang for doing the grassroots research of a prospective investment.

Notes:
Individual investors and fund managers alike partake in tire kicking. Asking your full service broker or financial adviser about a company, calling and visiting a company, and doing general investigative research prior to investing in a stock are all examples of kicking the tires.

The term originates from people's tendency to give a scrutinizing kick to the front tire of an automobile they are looking to buy while the salesman makes his or her pitch. Despite the metaphorical use of the term in stock picking, "kicking the tires" of a prospective investment is always an advisable thing to do, as the more you know about an investment, the better.


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Big box tenants are kicking the tires on the city with the existence of Home Depot and Bed, Bath and Beyond," Zelnick said.
And after traversing the InfoComm show floor for three days and meeting with AV manufacturers; listening to our speakers at the EduComm conference; and kicking the tires during new product demos, I must admit that Kayye may not be over-hyping what's around the bend.
``People have been much more inclined to pick up a new turbine recently than keeping the old one and kicking the tires for a few more years,'' said Masroor Siddiqui, vice president at Goldman Sachs & Company.
 
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