At this very moment, I am in the baggage claim area at Charlotte’s airport. I am confronted with two simultaneous facts. One, the poisonous addiction to equity prices has so affected popular culture, they flash stock charts to the retards waiting for their bags, just to keep the disease fresh:(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.
No, no, this isn’t about being a bear. This post is little more than a hyperlink – – but what a link it is! I just stumbled upon this jaw-dropping story about a family who immigrated to the U.S. and had built up a nice little real estate business, having come from El Salvador with nothing. Regrettably, they decided a couple of years ago to dump all their properties ($1.5 million worth) and try to make a much larger fortune by day-trading and, later, options. You can probably guess what happened, but give this a read.
Dealing with Loss
In the summer of 2006, I left my job at Dell Computers. I was planning to take a year off, which I did, before moving forward. I spent my year off diving into my passion of investing. At one point I became particularly consumed with the idea of peak oil (13 years later an idea debunked by the combination of US shale oil and QE). At the time though, I needed to buy a new car. I had been driving a truck for a number of years, which I loved. However, with my study of the energy market, I decided to buy something I never would have before. I bought a Prius.(more…)
I just got a full report for Slope’s traffic in 2019, and it was quite a read. Most of it is confidential, but I wanted to share a couple of nuggets. First off, not surprisingly, the good old U.S. of A is our biggest draw.(more…)
As you know, I love announcing new features here on Slope, which happens with some regularity. This time, however, I’d like to re-introduce a feature we’ve made a lot better: the Follow function.
Simply stated, if you want to see every comment any specific Sloper makes, just click on the Follow button, as shown below (it looks like a pedestrian):(more…)
I am typing this shortly before the first regular session of the year begins, and the ES is up 17 while the NQ is up nearly 70. Any bull glancing at the overnight activity must be ready for another year of record highs every day on the S&P 500.(more…)