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.

You Darned Kids!

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The subreddit known as Wall Street Bets is well-known as the haven for inexperienced young “traders” who are always on the prowl for the next easy, surefire way to make some quick money. As one might guess – – since we live in a rational world in which gamblers are swiftly parted with their money – – the vast majority of them bleed their accounts out in short order.

With all the self-inflicted financial suffering that takes place, naturally there is a strong desire for commiseration, and the community is happy to oblige. The site is littered with “loss porn” from fellow users, which are often the most popular posts, and their equity curves usually look a little something like this: