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.
There was a time when the most conservative, boring, made-for-old-people investment was Treasury Bonds. Thanks to the pathetic needs of equity bulls, and their childish desire to be given gains every single month, the government has gone helplessly into debt for the sake of the Adam Neumanns and David Portnoys of the world. Thus, the performance of bonds resembles that of a biotech startup.
The irony, of course, being that the loss in asset values this year roughly equals the entire debt of the United States. So it didn’t get us one hell of a lot, except to ruin a once-great Republic.
