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.
Many years ago, when I was in high school, I made an odd goal for myself: that every moment of my life, when viewed in retrospect, would be an embarrassment to me. Hey, so far, so good! No, seriously. That’s what I told myself. The reason was because, in my view, if I was more or less on a general path of improvement through my life, I should be able to look in the rear-view mirror and shake my head at the Tim I saw behind me.
Although I hardly view the shortcomings of my past, which are legion, with any kind of delight or achievement, I was reminded of this peculiar adolescent pact because of something I realized about myself which I’ve had wrong my entire life.
As I had hoped, I am “4 for 4” on profitable days this week, in spite of all the insanity. On every one of those four days, I was showing a loss (sometimes a deep one), but my shorts healed themselves nicely. As the ES below shows, this market has become all smoke, no fire. The truth pushes things down, and lies push things back up, and we’re at a stalemate.
The past 48 hours have been some of the strangest trading in recent memory, as portrayed nicely here. I’m just sailing steadily, seeking new ideas and updating my stops. Here are five favorite short positions I wanted to share right now:
This is from nearly half a century ago, but it is the full interview of the legendary Marlon Brando with Dick Cavett. I find it fascinating, and frankly enjoy watching his behavior and mannerisms in real life even more than the characters he portrays. He is clearly an intelligent man with deeply-held values, and it’s a pleasure watching him with this rare openness.
You enjoying this madness, Slopers? Up, down, up, down, and around and around we go. Absolute insanity, based on nothing but rumors, innuendo, and hearsay about a deal that will never happen and is absolutely meaningless. We are card-carrying members of Bizarre-o-World. Welcome!