The launch of the new Slope of Hope is, God willing, drawing close. After way more time and way more money than I ever expected, it is just about done, but I really want to make sure we get as many kinks out as possible before the launch. Please, for YOUR sake, test the site, because I will be far, far more attentive now to your weird-ass problem with your Firefox browser on a Commodore 64 than I will after we are live. I want to trace down oddities NOW, not once we’re in production. Please! With sugar on top.
The location of the new site is http://dev.slopeofhope.com. Go ahead and click that link to fire it up. Bang on it. Play with it. See what you can break.
At the risk of getting all Holden Caulfield-y on you, I really hate phony. Anything fake or phony drives me to distraction. Dyed hair. Insincere compliments. Ulterior motives. Plastic surgery. Anyone or anything constructing a facade just rubs me the wrong way.
And that is the principal reason I have written so many posts about Theranos (this is my eleventh one) even though it was never a public company and there’s nothing to chart about it. Some have even wondered out loud if I’m obsessed with Elizabeth Holmes. Far from it. First off, take my word for it, she isn’t my type, and secondly, I don’t get all tingly about baritone-voiced business criminals. Never been a turn-on. Honest. (more…)
Since the BTFD crowd and “it’s still a bull market” imbeciles were after me today, I thought this would be appropriate…………..
As we move deeper into the year 2018, and as the market slips lower, I am increasingly confident that the gargantuan bull market that started on March 6 2009 ended on January 26 2018. We all know that no one rings a bell at the top………but I think we’re all starting to hear the ringing anyway.
With that in mind, I decided to take a look backward at the kind of chatter that was going on in mainstream financial media when the market was peaking. What became quickly there clear was two “legendary” voices – – Bill Miller and Jeremy Grantham – – took center stage and encouraged people to throw all their money into an equity market that had already gone up over 300%.
Let’s start with the first “legend” – – Bill Miller – – who in January 2018 (that is, the month the market reached its highest peak in human history) notified planet Earth that the market was going to “melt up” by 30%. (more…)
Besides being a husband, father, blogger, and designer-of-new-things, I’m also a pretty decent cook. I do pretty much all the cooking at Chez Knight, and so I’m fairly acquainted with ingredients, food preparation, cooking techniques, and overall making happy eaters.
It’s therefore with special interest that I’ve been following Blue Apron, which went public last year to quite a bit of fanfare (and about which I’ve written a few times).
There has been much talk in recent years about how computers and robots are going to take over everything. We’re all going to lose our jobs to them. They’re all going to drive trucks and cars. They might even turn on us and take over earth.
I have been mixed up in technology pretty deeply since 1979, and these concerns have never crossed my mind. Technology, even in its most modern form, usually has so many band-aids holding it together, there’s no fear on my part that it’ll suddenly become self-aware and decide to enslave us. Hell, personal computers have been around for over forty YEARS, and they still take several minutes to boot and are prone to freezing. Do you really think the Macintosh would need a “Force Quit” function if technology was totally reliable? It isn’t. (more…)
As of today – March 29, 2018 – Slope is a teenager.
Yes, thirteen years ago, at the prodding of a family member, I wrote my first blog post. In those days, I thought of blogs the same way I think of cryptocurrencies today – – as a fad with far too much media attention. Although I had sold my company, Prophet, just weeks earlier, I had resisted the nudges to start writing a blog in my free time, but I finally gave in. I’m glad I did.
Since this is, by definition, the thirteenth time I’ve written a “birthday” post, I was trying to think of something engaging or clever to write. I confess, I’m a bit stumped. In last year’s post, I already referenced some of the things I was considering here, such as Patton Oswalt’s birthday routine, so it’s clear I’m exhibiting a sign of age by way of repeating myself. (more…)
I want to begin this post by again noting publicly that feel like I clowned myself yesterday in my own trading and in my lack of attention to the market at a critical point (couldn’t really be helped, but it’s the results that matter). Despite a market doing generally as expected, I was not really prepared. My macro views often prove right on while my own execution can shall we say, vary. It’s why I tell NFTRH subscribers or anyone considering the service it is best to follow the analysis, not what some faulty trader is doing at any given time.
The reason for the paragraph above is balance for the paragraphs below, in which we drive home once again the folly of listening to experts (at least the experts the media shove in your face at ill-timed junctures). I had a subscriber leave NFTRH in mid-2016 (he’s back and we’ve had a friendly review of that situation) in part because I was doggedly bearish gold and bullish the Semiconductors, which was exactly opposite to the stance of a technology expert, whose service he also subscribed to. It made me sad (for both of us) to have stuck to my convictions, but lost a subscriber while turning out to be right in my view. (more…)