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.
On Sunday, we did something we very rarely do, which is visit the nearby city of San Francisco. This may seem hard to believe, but San Francisco was once the most-visited city on the entire planet of Earth. In recent years, as has been incessantly reported, it has diminished in terms of overall quality of life, particularly in certain parts of town including, ironically, this one:
Well worth a listen!
It has been no secret that Tesla, which was heralded as the greatest stock in the universe until 2021 (and which I highlighted as a long position in 2012 before anyone else was talking about it) nas become a total dog. The Magnificent Seven is now merely Six, and the relative strength of TSLA versus the QQQ makes its demise as plain as day.
Yes, yes, he’s incredibly rich and did amazing things in the 1970s and 1980s. But, honestly, take a look at how Berkshire stacks up against the plain old boring simply SPY since the March 2009 bottom. It beat it, yes, by about 10%, but is 10% really worth that kind of adulation?
