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.
In late May of last year, I did a post called The DMC Challenge which had a very simple premise: I would take a hypothetical $500,000 wad of cash and put all of it into my best long ideas and best short ideas, evenly distributed among every symbol, and see what happens. When I did the post, the first comment was:
Well, it’s been almost eight months, so let’s check in on the Devil May Care portfolios!
(more…)Since late 2008, the semiconductor fund SMH has gone up about twenty-fold with hardly a downtick on the way. This morning, the sector is brought into particularly light, since INTC had an enormous burst higher. Looking at more recent history, I think we can agree that even if semis do not look at threat of failure, they are certainly on the high side of the range.
As a side note, I’m awfully curious what the long-term effects on commercial real estate will be. The landlords in this area seem to believe that once this blows over, things will flop back to normal and it’ll be 2019 all over again. My view is that owning commercial property will be disastrous for a long time to come. Some of the effects of C-19 are permanent alterations of the capital landscape.
If you wanted to guess one of the most incredible stocks of the past ten months. roaring over 200%, which has just set a lifetime high price in its long history, you probably wouldn’t get it: General Motors. Yes, the same GM that would have gone bankrupt in 2008 were it not for the emergency bailout from the federal government.
