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.

Run DMC

By -

Late in May, I put together a post called The DMC Challenge in which I put together two hypothetical portfolios: one had nothing but my favorite short ideas, and another had nothing but my favorite long ideas.

It’s been quite interesting to watch. As of today, the short portfolio had suffered a hit of about 8.1%. However, the long portfolio was up 25%. In other words, in the face of this ascending market, my long ideas outperformed my short ideas 3-to-1. One could have taken positions in every single long and short idea and still be ahead by about 17% over the past five weeks or so.

Here are the top three worst performers in the short portfolio (for instance, NLS has gone up 64%, which would be very bad for a short position):

(more…)

The Virus Longs

By -

After the market closed on March 24th, I put together a spreadsheet of what I considered the 15 best “buys” in light of the virus sell-off. Here, in retrospect, are the 15 of them, a little more than a month later. I have placed in the caption the percentage change since I put the spreadsheet together. They are shown from worst performance to best. Ironically, the weakest performance was from none other than Gilead. I have put the percentage change in the caption of each chart.

percentage gain since March 24th: 4.7%
(more…)