Category Archives: Best-of-Slope

The Air We Breathe

By -

A few years ago, I was chatting with an acquaintance of mine who happens to be pretty rich. I don’t know the exact figure, but his net worth was probably something like $80 million. He was definitely in “ultra-high net worth” territory and quite obviously never needed to work another day in his life.

He was bemoaning to me the fact that if he hadn’t sold his energy company so early, he would be “a billionaire by now.” My heart didn’t exactly ache for the guy, but his complaint (which these days I think is referred to as a “humblebrag“) made an impression.

(more…)

What a Long Strange Trip It’s Been

By -

(Editor’s Note: Davis Ramsey is well-known to Slopers. After reporting a blow-out month in profits on the NADEX, he shared a couple of interesting insights in the comments section about his journey. I encouraged him to expand those comments into a post, which he has kindly done below. – Tim)

I should start by saying that what you’re about to read was only possible because of the community here on Slope. I was directed here in the wake of the 2010 Flash Crash by a post on Yahoo Finance message boards. I didn’t say much for a long time – nothing to say really. But I learned a lot and people here helped me become the trader I am today. I very much believe in the value of community and sharing ideas freely – that’s why I’m committed to as much transparency as possible in what I do on NADEX.

(more…)

Misremembering

By -

Like a lot of people through the years, I had a fairly lousy time socially in the eighth grade. I had just moved to the Bay Area, and as a smart, gentle kid, I made an easy target for bullies. I didn’t go to a rough school at all, but still, there are going to be a few assholes anywhere you go, and my new town was no exception, and they had no trouble sniffing out the nice guy for verbal abuse. (One of the few kids who was consistently nice to me was pretty much the first girl I met out here who, incidentally, became my wife and mother of our children).

(more…)

Targeting a 2015 Low

By -

One of the great ironies of Slope is that, in spite of it being formed as a charting/technical analysis discussion area, it has attracted a lot of folks who regard technical analysis as little better than astrology and palm-reading. All the same, in spite of near certain cat-calls and hoots from the crowd, I’d like to offer up a target low for 2015. I would add that this projection embraces my “scare the children” possibility laid out in this recent post.

(more…)

God As A Dog

By -

Today was the last day of Kobe’s life. Kobe was my dog. One of eight that I’ve had in my life. He was a beautiful yellow lab with a heart of gold, and he lived nearly sixteen years. He’s gone, and my heart is heavy with his loss.

Longer-time readers may recall that I adopted Kobe a couple of summers ago, and I wrote a post about him called In Praise of Older Dogs.  (The post is worth checking out, if only to see a thirteen-year old dog tromp around in my fish pond or swim with my kids).

(more…)