A thoughtful Sloper just sent me this article from MarketWatch. Give it a read. But the bottom line is that the seven-figure Wall Street Analysts pretty much all got an “F” but your humble narrator landed a “B”. Not bad for a lonely little fellow working from a spare bedroom, is it?
Slope of Hope Blog Posts
This is the heart and soul of the web site. Here we have literally tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. You can also click on any category icon to see posts tagged with that particular category.
One of my favorite Slopers shared with me a video I absolutely loved. I just finished listening to it in the background as I was entering in all my new trades. I encourage you to enjoy this informative and excellent conversation with a legendary investor.
James Altucher, the self-described “crypto genius”, is someone about whom I’ve written in the past, but as I gaze upon the smoldering landscape that used to be the thriving cryptocurrency industry, I feel compelled to write on this topic again, since I think Altucher’s marketing efforts a year ago speak so much about the nature of the crypto craze at that time.
To be clear, I have no axe to grind. I’ve never lost money with the guy. Never had any kind of personal or professional relationship. Never met him. But, like virtually all of you reading this post, I’ve seen his face countless times on ads (especially late in 2017 and early in 2018) touting the surefire investment power of crypto. He became, in the words of the press, the “face of Bitcoin” (I guess all the other faces were taken).
Altucher is definitely a man who could be described in totally opposite ways, all while being completely honest. You could, for example, talk about him as a successful entrepreneur, popular author, widely-followed podcast host, and multimillionaire venture capitalist. Every one of those things would be true. You could, with just as much honesty, describe him as a man with multiple failed marriages and relationships, a person who by his own admission blew tens of millions of dollars and was at the brink of suicide, and a man who has created businesses that have drawn the wrath of customers and the Better Business Bureau alike. All true. It depends on how you want to spin things. (more…)
The Cohen brothers have just finished another marvelous feature, The Ballad of Buster Scruggs, and you Netflix subscribers get it for free. I’m enjoying it tremendously and highly recommend it. Watch it during the holiday!
I am an enormous Stanley Kubrick fan, and I spent much of the trading day watching videos about the genius and his work. Here’s one I liked in particular that I wanted to share with everyone here:
No, this isn’t some fancy-pants options trading suggestion about NFLX. It’s actually about a couple of items on Netflix, the video streaming service, which I’d like to recommend.
I’m a big cinema and documentary buff, and both of these items are documentaries about filmmaking – – so, a double win. The first is called They’ll Love Me When I’m Dead, It’s about the creation of Orson Welles’ last unreleased movie, The Other Side of the Wind. I must say, the movie itself looks absolutely dreadful (Netflix did its best to complete the production of the film and has simultaneously released the movie itself), but the documentary about its creation is absolutely engaging. It seems like one of those self-indulgent vanity projects that only already-successful creative types can get away with, and I suspect Citizen Kane’s place on the mantle is quite secure.
There is no product of media that has had more influence in my life than the original Star Trek series. I watched the show incessantly as a child via reruns, but it has been a long time since I’ve really spent time watching the episodes in detail. Having done so recently, the experience is naturally an enormous contrast with what I experienced as a kid.
The special effects are obviously quite primitive, the technology references are woefully outdated, and the writing is uneven, varying from superb to absolutely awful.
The biggest shock for me, however, was the sex. It’s EVERYWHERE in the show. Easily one-third of the episodes are almost entirely driven by some kind of love interest, and it isn’t just Kirk. Most of the male crew members have got it goin’ on at some point or another with human women, alien women, green-skinned women, and even robots (that look like women).
I’m sure I spent far more time om this than I should have, but………….. (more…)
Since everyone in the country is watching Dr. Ford, I’ve put together a just-for-fun post. I also want to encourage you to check out Slope this afternoon, because I have created Yet Another Awesome Feature in SlopeCharts that you should know about.
As a little kid, one of my simple pleasures was Highlights magazine. Most of you probably remember this, since it was a staple at most pediatric and dental offices. The part I liked the most, of course, was Goofus and Gallant. I was a really good kid, but I guess I had a prurient curiosity about what a nasty kid like Goofus would be up to. Whether he is demanding to be fed….….
Someone brought to my attention that none other than Jim Cramer – – who, inexplicably, is considered some kind of stock market god – – strongly suggested everyone buy Sears back in 2007, calling it “the next Berkshire Hathaway”. It looks like he made this urgent “buy” suggestion at pretty much the millisecond the stock peaked. It is down over 99% now. I wonder if they ever mention this on CNBC?
Oh. My. God. How did I not know about this until now? Mesmerizing! The music. The soundtrack. The lighting. The laugh track. The applause. There is far too much to like here. We are blessed to live in the time of David Lynch. Slope Cinema is proud to present: Rabbits