Say “What” Again!
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.
Twenty-Something Zillionaires
To open this topic, I’ll begin with something I heard Bill Cosby say back in 1983 when I watched him on his comedy special (this was Bill Cosby before – – – you know – – all the other stuff, back when I knew him merely as the fun guy who made Fat Albert and the Cosby Kids).
Wealth Inequality Email
Since today features the biggest IPO of all time, which will in turn create the first TRILLIONAIRE of all time, wealth inequality seems like a pretty reasonable topic. I am prompted to do this post because of a long email I received on Thursday morning. It was a friendly email from a reader who took some exception as to what he perceived was my disposition toward homelessness. It is a thoughtful and well-written message, and beneath it I will share with you my reply.
The sender’s email is being shared here with his express permission (otherwise I would not be doing this post).
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Bullet Pointing My Day
- Dumped my TLT put position completely
- Moved two accounts to pure cash (before the rally!)
- Shorted in size a couple of ETFs near the end of the day at what seem to be good “bull trap” prices – EEM and DIA
- Made sure I’ve got more than enough cash on hand for any SPCX shares allotted to me tonight
- Pushed options expirations out to January 2027 in most cases
- Took about a 3% hit overall due to the mega-peace-rally
Happy Eight Months!
I read a super-lefty substack called The Status Kuo, and about once a week he posts pictures of his little kids. I honestly couldn’t care less, and I find it kind of annoying. I hope you don’t feel the same way about my beloved dogs. Here’s Mishka today:
