What a totally BIZARRE day for me. I am, as most of you know, in the thick of a trip with a lot of traveling, so I was “offline” about 90% of the trading day. Such a circumstance is very painful for me, and one which I try to avoid, but on the heels of a 35%+ quarter, I gave myself a little leeway. Anyway, here’s kind of how things played out over the past thirty hours:(more…)
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.
Today I’ll be driving through the rural beauty of northern Georgia and into North Carolina, so I’ll be out of pocket for a number of hours. Once I’m settled in, though, I’ll get back into the swing of things. Until thing, talk amongst yourselves. (UPDATE: I’m actually just about done driving, but this explains why I’ve been so quiet today; I’ll do a meaty post tonight).
Preface to all parts: 2018 was an extraordinary year for the Slope of Hope, now entering its 14th year in business. There were over 2,000 posts in 2018 alone, and I have extracted for you those I consider the best 1% which were not already included in my compendium Silicon Valley Babble On. For those who want to support the site, I encourage you to open up a brokerage account at tastyworks or subscribe to a Slope membership.
Here are the posts for this portion, in chronological order:
- La Dolce Vita – retirement isn’t what it’s cracked up to be.
- Achieving the Impossible – where do I find the time?
- That He Which Hath No Stomach to This Fight – the bears win!
- Will Chart for Booze – an anecdote about a poor sap who thought he knew what he was doing. Plus I got a free drink.
- Delta Delta Delta – a victory lap for my market prediction.
- The Final Blow – we bid farewell to BDI
- One Fund’s Instant Destruction – Rolex, cufflinks, tears
- Deconstructing the Crypto Genius – piece by piece
- How Now Dow Cow? – a startling pattern
- The Vomit Comet – a different view of the past nine years.
Over the past quarter-century, locales all over the world have tried to ape the success of Silicon Valley. There’s been Silicon _________ of all kinds, like Prairie, Gulch, Swamp, etc. But the secret sauce of Santa Clara Valley, which I suppose is a combination of Stanford, venture capital, and about half a century of momentum/inertia, seems to keep 94301 in the pink.
I’m in Georgia at the moment, and this morning I went into a well-reviewed coffee shop to get some drinks for the family. The guy mentioned it was a shared workspace, and he just rented out the corner. While he made the drinks, I wandered around the place, curious to see what it was like.(more…)
Without any particular catalyst, equity markets have been selling off pretty much all night long. The ES and NQ initially had a nice big pop higher (based, I suppose, on typical New Year’s optimism, which is normally sadly misguided) but went on to shed the equivalent of about 800 Dow points. We’re partly on the rebound as of this writing, but it could turn out to be a nice start for the bears on this first trading day of the year.