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 just learned (via Slope, of course) about this superb documentary with what must be the best timing in history. It’s about the past fifteen years of easy money and how it has utterly distorted……….everything. I strongly recommend you watch it (if you’re the impatient sort, like me, crank it up to 2x playback speed). This ties in perfectly with the prior post.
If you are driving all day long with a friend, and there’s nothing but blue sky and straight roads ahead, your conversation will probably wander to all kinds of topics. Perhaps you’ll listen to some music or news together. Maybe you’ll tell a funny story or share some thoughts about something going on in the world. It’s a good way to pass the time.
On the other hand, during the same trip, if you hit a huge patch of ice and start spinning around, putting you and your companion at risk of slamming into ongoing traffic of tumbling down a cliff, the priorities are going to change in a big hurry. You’re not going to be chit-chatting and laughing. You’re going to be focused on the emergency at hand and trying to save your life. Searching the FM radio dial for a good station simply isn’t going to occur to anyone.
Not sure if this is worthy of a full post, but since I rarely seem to have many long ideas AND since I have been banging the table on how well my IBM short idea had been working out so far, I thought it appropriate to announce my assessment that the short trade is done on this. It looks like it is worth getting long (in the short-term at least).