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.
Bank On It
As shown by the Slope page of quarterly earnings reports, this is a very heavy week for news about banks and financial services companies:
Two Sensational Successes
We’ve all heard about “the one that got away”; well here are two. I used to talk about these two ideas so frequently that I got embarrassed about it. The rationale for both was the same: an analog. My view was that each of these stocks would ape their behavior between 2006 and 2009. In both cases, this has come sensationally true, and even I am amazed. I confess I didn’t actually partake in these beauties, but I hope a few of you did.
The Vomit Comet
Years ago, people assumed I was really good in math, because I got mixed up in microcomputers starting in 1979. For some reason, people thought computer geeks were math wizards. I wasn’t. I was a writer, as I am to this day. So metaphors, not math, are more my thing.
A few days ago, one came to mind which struck me as particularly good, so I thought I would share it. So join me on a mental model which I think will help explain the past nine years.
(more…)Financials: You Are Here
For the entirety of 2018, I have been obsessed with the analog between the present year and a decade ago. This has been unfolding absolutely beautifully, and one of the reasons I love this market (four words I haven’t been able to say in a very long time) is how chart-friendly it is and how magnificently the financial stocks are breaking down. I suspect we have a long, long way to enjoy this calamity.
