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.

Another Source Of Alpha Kicks In

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Since June of 2017, we’ve been posting Portfolio Armor’s top ten names each week, and tracking their performance in real time. So far, we have full 6-month performance data for 135 cohorts, and they’ve outperformed SPY by 0.54% annualized so far. In an article published in February, I wrote about another possible source of alpha, names that appear on my system’s “cash substitute” list: 

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I Need to PPP

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You’ve probably read that on Monday the SBA released all the data related to the Paycheck Protection Program (PPP). Everyone who got under $150,000 in loans was anonymous, while all those $150,000 and over were named. (Side Note: just to show how psychotic I am, I stayed up Monday night and put this together of all the Palo Alto PPP recipients. Enjoy).

Even though this program was ostensibly to help out small businesses, quite a number of the firms served are relatively larger, public companies. I have been sifting through the monstrous amount of data, and it’s quite fascinating. For instance, I found 1,351 different companies in my little town of Palo Alto received PPP loans. Only 50,000 people live here in the first place!

Anyway, I put together a list of the largest public companies that got PPP loans, which is the downloadable text file below. You can use this in conjunction with the SlopeCharts import function if you’d like to check out the charts of the firms that saw a need to get an emergency loan.