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.

Dash for Cash

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This market has gone full-blown late-1999. I was there. remember. And it was JUST like this.

So basically you’ve got a company which:

  1. Has grown wildly thanks to the lockdown;
  2. Will lose many customers once people are allowed to get out of their goddamned houses and go eat out again, which they are dying to do;
  3. Is losings hundreds of millions of dollars every year.
  4. Is already facing political backlash as state houses CAP how much these services are permitted to charge.

People never learn. Never. Except the investment bankers, who get to sell millions of shares of stocks for twice what they paid to have it.

Where Does It Go?

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Perhaps you’ve heard of the latest meme stock: Luminar. It was started by a 17 year old kid. He started at Stanford, but he dropped out to work on the company, thanks to a Thiel Foundation Grant. Now, at 25, he’s taken it public via reverse merger. He’s got a net worth of $4 billion on this beast. It has, as you can see, roared about 300% higher in a matter of days. The ticker is LAZR: