We all laugh at Jim Cramer, it’s true, when he says to buy something and it immediately goes down. There was one instance, though – – the only one in history, I think – – where he not only admitted he had been wrong, but he broke down into tears and apologized for screwing up so bad, after his followers had their heads handed to them.
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.
Dildo Bros
It’s truly sickening, looking at the tweets of the likes of Bill Ackman, Jason Calacanis, and David Sacks – – all of them billionaires, but every single one of them whining and pleading for the U.S. Government to BAIL OUT Silicon Valley Bank. Remember the game, people. Private profits (specifically, the men mentioned above). Public losses. Fuckin’ Ackman even has the gall to demand the announcement before the Oscars so he can enjoy the show.
Lulz from the SVB Website
Since I entered Friday massively short, and have zero buying power left, I was bored enough to wander over to a place I’ve never been in my life – – the Silicon Valley Bank website – – and take a look around.
I thought I’d share some nuggets from there, since, for the moment, the website is still up and running. As you might guess, since this is a financial institution, it is absolutely SLATHERED with virtue-signaling. Indeed, there’s not a white male to be found anywhere except for their actual senior leadership page, which is the kind of do-as-I-say-not-as-I-do hypocrisy rampant in modern American corporations, particularly banks.
(more…)Thanks, Morgan Stanley!
Paid-millions-for-great-advice Michael Wilson top-ticked the market to the MILLISECOND yesterday morning (the chart time is PST, the post time is EST). Thank you, Mike! Thank you, Morgan Stanley!
What Will People Do?
There is an increasingly large amount of digital ink being spilled on how AI is going to put more and more people out of work. There’s this handy chart, for example:
