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.
Back in the day, I used to track a stock called Pennsylvania Real Estate (symbol PEI). I don’t remember why I stopped watching it – – maybe the options didn’t exist, or were thinly traded – – but I tossed it to my secondary watch list. I stumbled upon it today, and I can only say WOW. Down from over $250 to just a few bucks. I guess we’ve out-bubbled the former housing bubble.
I want to go on record:
- I have lightened up a ridiculous amount in my portfolio, and I am at a snore-inducing 50% cash (!!!!)
- As good as 2022 has been for the bears, I think the year’s biggest opportunity will present itself this summer for serious re-entry of positions;
- I cannot recall a time in my life I’ve ever had such a large, idle cash balance in my account, but as dull as that is, I believe this is the appropriate place to be (even though it doesn’t exactly make for great content for Slope).
- My biggest personal goal for the rest of the year is not to leave so much money on the table next time. I have had SO many screw-ups this week, it’s breathtaking. But still a record high for my portfolio.