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.
Stroll down the main street of your town (OK, you can’t, but just pretend) and ask 100 random people to tell you about Snowflake and its business. I suspect, in round numbers, the number of people who could do so would be zero. And yet, here we have it, this unknown upstart now has a market cap……..
Different as it is, but the construction of this post is just the same as the one one Peloton. Except this time: precious metals miners (GDX):
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:
Of course!
I’d like to suggest these charts, and the accompanying indicators, indicate otherwise:
(more…)Gee, I thought things were just peachy again, what with the Dow above 30,000 and all.
Where I live, the amount of wealth surrounding me has done nothing but increase. Considering the growing number of desperate, impoverished people that I see – – – there’s a huge homeless camp right near the Apple headquarters! – – it’s quite grotesque.
Tim Cook, a billionaire, lives four blocks from my house. Marissa Mayer, a couple of blocks from Cook. Mark Zuckerberg is five blocks away, and I’ve lost track how many billions he’s got. The place is awash with personal assets that are borderline criminal, and yet this holiday season, I am thinking of a worthless tree.
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