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.
This post is intended to disabuse people of the notion that, in the financial world, popularity equals competence. This is been much on my mind lately, because for some reason I have been buried in video ads with come-ons from all kinds of hucksters pledging that their followers can basically print money if they only sign up for their expensive seminars or join their programs. These programs must pull in enough suckers to make it worthwhile to the advertiser, because the ads persist.
Long before these, though, I saw the Crypto-Genius ads. Endlessly. I haven’t been shy about rolling my eyes at James Altucher’s ads that polluted everyone’s web browsers early this year. For obvious reasons (like the 95% drop in value on many cryptos), these ads have vanished, but in case you’ve forgotten, here’s what they looked like:
As I mentioned two days ago, the emerging markets was reaching an important supporting trendline. It nailed it pretty much to the pixel and is going through an oh-so-predictable bounce. The year’s action on EEM has been comically consistent.
Let me preface this piece by saying I love ZeroHedge and have read it every day, without exception, ever since it appeared almost ten years ago. I think they provide a tremendous service, and I’m quite sincere in saying I wish they’d be given a Pulitzer Prize at some point for their bold reporting.
I’ve come to notice over the years that if there’s a particular potential disaster looming, our friends at ZH tend to hype it to the ceiling. In fact, it seems the more they hype it, the more of a nothing-burger it becomes in the end. Witness the reporting about Hurricane Florence this week……..
I was delighted to see the reviews tumble in to Amazon about my new book (I just peeked again after I took this screenshot, and there are ten reviews now, nine of which are five stars).
I’m not sure what my problem is, but I can’t push myself to actually read the reviews, even if they are positive. But you can, so click here to see what folks are saying. I hope you’ll consider getting my book (especially the color one, which is super gorgeous). If you like Slope, you’ll love Babble On.