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.
Last week, my teenaged son asked me a sincere question: “How come Marissa Mayer got $200 million by screwing up Yahoo?”
It was a good question, and one I had trouble answering at first, because I’d like him to think that there’s some level of fairness, meritocracy, and sensibility to this world of ours. In Mayer’s case, however, there is none. Her entire massive fortune is due to being in the right place, at the right time, on multiple occasions. She is no more clever or shrewd than someone who won the mega-jackpot lottery.(more…)
Back on February 7th, I touted going bearish on energy stocks. Since ERY is up nearly 30% since then, it wasn’t at all a bad idea. Oil has been a delight, falling almost every single day for the past half-month, but I’m leering at it now, wanting it to shatter this damned support around $47.50 and really get things rocking……..