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.

Exponential Magic

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This is an extraordinary illustration of the power of exponents. Below is the chart of UVXY, which is the ultra-short fund based on the VIX. Let’s just say it isn’t a good long-term investment. It has been reverse-split countless times, for obvious reasons. Its price as I am composing this post is about $7.45. Want to know its price when it started trading? A little under $25 billion. Just sayin’.