Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Dow to Double in Ten Years. Fer Sure.

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An alert reader sent me this video from the Yahoo Finance Tech Ticker. In it the fund manager by the name of Hennessy states that the Dow is certainly going to double in the next ten years. His irrefutable logic is that the money "on the sidelines" has nowhere else to go. Oh, and Japan's equities are going to do really well too.

Well, he's being interviewed, and I'm not, so I figured I'd check out the performance of their flagship fund. I mean, after all, the guy could be on to something. Here's their fund versus the SPY:

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So…………his fund tracks the S&P and actually underperforms it? Wow. OK. Interesting.

Well, it's probably going to be another day where (a) I'm not posting that much and (b) there are a bajillion comments in each post, so you'll need to embrace that, accept it, and move on with your life. It's a good start so far today. May the force be with you.