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.


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With a P/E ratio of 840, I think we can all agree that PTON is a richly-valued creature. The market seems to have embraced the thought that:

  1. The lockdown will last forever;
  2. In spite of being famously pudgy and lazy for decades, Americans will all suddenly want to exercise vigorously at home;
  3. They will do so by way of a very expensive stationary bike with a big monthly recurring fee.

Of course!

I’d like to suggest these charts, and the accompanying indicators, indicate otherwise: