From one of the fine young lads at /wsb, a rapid journey from $200,000 in profit to a $66,000 loss:(more…)
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.
I keep track of the electric car companies. Here are the big boys, listed in order of performance, from bad (Tesla) to absolutely horrible (Ree). Enjoy!(more…)
Let’s burn on some time waiting for that supervillain Powell by enjoying this:
I remember it like it was yesterday. It was late in 1992, and the partner in my startup, Prophet Financial Systems, told me excitedly that Palo Alto finally had a “real” coffee shop called Starbucks. I had never heard of it before, but he said it was absolutely incredible and that I should try it.
Well, every other storefront in Palo Alto is a coffee shop now, and frankly I’d never even consider going into a SBUX to pick from one of their overly-processed, super-sweet, fat-Americans-pandering “drinks” which are basically 700 calorie desserts in a cup. As a chartist, I simply wanted to point out that the company has broken its long-term trendline and, having lost almost half its value, is illustrative of just how weak the market is now.