Pay it all off, and what do you have left? Humans and dirt. That’s it.
The Illusion of Prosperity
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.
Five Big Fish
As we approach the end of the year, I was glancing at my portfolio and taking note of some positions I had sold in recent weeks which went on to much better gains. Keeping in mind these are VERY conservative positions (long-dated, in-the-money puts), the gains are that much more impressive. Or shall I say the “could-have-been” gains………..
WING March $400 puts sold @ 53.00 (went up 117%)
DHI June $170 puts sold @ 14.50 (went up 114%)
NEE March $90 puts sold @ 8.00 (went up 130%)
LUMN April $10 puts sold @ 1.90 (went up 145%)
EWZ March $28 put sold @ 2.10 (went up 205%)
The five underlying securities are shown below. The rough part is that not only have all five of these positions tacked on triple-digit profits after my own profit-taking, but I don’t think any of them are anywhere close to being done to falling!
(more…)Best of 2024 (9 of 9)
This weekend, we’re going to look at the very best posts from the thousands created in 2024. Click on any link to read the post in a new tab:
- The Long Goodbye – poignant passage about my dog Coda
- $1.5 Million Goners – getting blown to pieces on wallstreetbets
- Me, Myself, and I – in which I absolutely go off on pronouns
- No One Need Apply – my best post of the year, this is about what it takes to run Slope
An Athletic Supporter
Best of 2024 (8 of 9)
This weekend, we’re going to look at the very best posts from the thousands created in 2024. Right-click on any link to read the post in a new tab:
- Our Era’s Bernie Goetz – yeah, sorry, but – – – in praise of Luigi.
- Literary Agent Saga – the absolutely ridiculous situation with getting a novel published
- A Signal You’ll Find Nowhere Else – Slope’s popularity is the harbinger of market doom
- You’ve Got to Admit – the effects of admissions when race quotas go away
- Gamblers Not-So-Anonymous – the modern age makes it easy to lose money quickly
- As Normal as Apple Pie – I continue to struggle with weirdos
