
Better Returns Through Hedging

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.

You want to see a very clean example of how much distortion the government has brought into the markets? This will hit you over the head like a two by four: let’s talk about lumber.
Below is a chart of the price of lumber in the mid-1980s. Sure, it looks volatile, but it isn’t. It hangs around $185, plus or minus about $15. In other words, even over a period of years, it goes up or down about 8%.

I’ve had a SlopeAlert set for DBC ever since Mamie Eisenhower was trying out for the swimsuit edition of Sports Illustrated, and it finally fired this morning.


