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.
If you, like, me, are of a certain age, you probably remember from your childhood how businesses would fantasize about the day when we could trade freely with China. “If we could sell just one Coke to every person in China…....” it would always begin. The notion being that with a billion people, what a terrific new consumer market that would be for all our junk.
Didn’t quite turn out that way, did it? And here is proof positive of how “Communist” China has changed:
Boredom. I’ve written about it many times. I invariably describe it as more terrifying to me than death. I’m not exaggerating. The prospect of having nothing to do is miserable beyond belief to me. I do not idle well. I’m not going to relax. I don’t want to relax. I want to make things. And when I can’t make things, I lose my mind. Trust me, I’ve been losing my mind severely lately, and my grappling with the boredom demons has never been worse.
Of course, I don’t just roll around on the floor shrieking when I am in this state. I desperately try to find something productive or constructive to do. But sometimes there’s just nothing left, and I have to get creative. After all, one can sort the proverbial sock drawer only so many times. So I did something I hadn’t ever done before: I opened up my huge trunk of memories, and I sorted through it.
Early in 2005, my wife told me I should start a blog. I told her I thought it was a dumb idea. She kept pushing. I kept saying it was dumb. I finally relented on March 29, 2005, and here we are on Slope. In my life, she is basically batting 1,000 about being right.
She’s been at it again. This time, regarding Clubhouse. This is the invitation-only audio app. I don’t want to do it. She thinks it’s a great idea. I think it’s dumb (plus – how shall I put this delicately – – surprisingly urban). Although the empirical data suggests I should listen (specifically, of the past fifty million opinions she has expressed, none of them have been wrong) I’d be interested to know if any of you would want to try this. I can’t imagine people wanting to hear each other, especially me, but who knows. Let me know……….
Here’s an interesting breakdown showing who it is that actually owns all those trillions in U.S. equities. Increasingly, it is foreign holders, which struck me as a surprise. Click on the image for easier readability.