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.

The Surprising Demise of Reddit

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Well, it seems Ellen Pao managed to step in yet another bucket of syrup.

This is going to require a bit of back-story……….

Some people on the Internet really go for quantity. On their Twitter account, they follow hundreds of people. On Facebook, they connect with thousands of “friends.” And in their browser, they visit dozens of web sites each day.

I tend to be a minimalist. I have precisely 100 friends on Facebook. If I decide I really want someone to be a friend, well, someone else is going to get the boot. On Twitter, even though I have over 13,000 followers, I follow only 8. And as for web sites, there are only three sites I visit repeatedly each day: Slope of Hope, ZeroHedge, and Reddit.

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The Air We Breathe

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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 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.

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What a Long Strange Trip It’s Been

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(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.

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Ritholtz on Gold

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By Biiwii

I linked Barry Ritholtz’s gold bug swipe along with other items in an Around the Web post. Anything linked (or republished from guests for that matter) on this site is to be taken as 100% their view, not mine. You, the reader are tasked with using your own brain to consider, discount or ignore any of it as you see fit.

What do I think of Ritholtz’s view on gold, personally? I think ole’ Barry is picking some easy, low hanging fruit to use up virtual ink over at Bloomberg, per his contract (real or implied). I mean really, gold did not react to Greece and he takes that as a negative for the metal?

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