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.
Here’s a disaster du jour. I went to their website, since their company name (WalkMe) doesn’t exactly suggest what they do, and this is their mission statement, front and center on their website: “Drive strategic business goals with WalkMe’s Digital Adoption Platform and realize the full value of your technology investment.”
Umm. OK!
Palantir, the Palo Alto-based company with its Alex Karp crazy-hair guy, has lost the majority of its market cap in just one year’s time. If James Altucher wasn’t proof enough, maybe Mr. Karp will finally demonstrate my point irrefutably.
Well. How about that, huh?
Having finished The Rise and Fall of the Third Reich a couple of weeks ago, I learned a thing or two about deception when it comes to countries in Europe doing their invasion-thang. What’s actually happening over there now, who knows, but what I can tell you is my “Buy Gold and Short Everything Else” philosophy seems to be working out quite nicely as of late.
I am typing this about half an hour before the opening bell (I often say that during tumultuous times, just in case the market is in a radically different place when you finally get the chance to read this post), but as of this tippity-typing on my keyboard, it certain seems that certain support levels are being threatened in the world of equities:
(more…)Well, I guess the “R-Word” is off limits, so I’ll instead refer to the denizens of WSB as brain-dead. At least until the Association for Brain-Dead Dignity comes after me, at which time I’ll be foreclosed from using the “B-Word.” But, for now, brain-dead it is.
As most of you know (unless you, too, are brain dead) the WSB sub-reddit is crowded with degenerate gamblers and males in a state of arrested development. They are dreadful investors, and their hero is DFV, whose drug of choice, famously, was GME. It was one of those once-in-a-lifetime things, but attempting to behave like DFV is, I believe, akin to modeling yourself after someone who won the lottery. They got lucky, and it’s one-and-done, so it’s all a bit silly. Of course, WSB and its self-deluded victims would not exist were it not for the Fed’s wicked machinations, but this is what we’ve got to work with.
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