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.
My short-sale ideas over the past year have been extraordinary. What isn’t so extraordinary is my ability to stick with them! Here are just five examples of short-sale ideas which paid off GREAT for me, I covered at nice profits……..and they just……..keep…………FALLING. I’ve said it before, and I’ll say it a hundred times more: I’m a brilliant chartist but overly-scared to be a great trader. Shame on me! I’m confident all five of these will keep getting blown to smithereens.
The human predilection for big round numbers is unceasing. On Friday, when the Dow crossed 50,000 (see all those big round numbers??) for the first time ever, the cult distributed this:
As a starting point, I suggest you take a quick look at this post from a decade ago as well as this more recent one. They both relate to something I’ve written about a number of times, which is teens hurling themselves in front of trains here in my otherwise gentle town of Palo Alto.
It happened again this week, with one Summer Devi Mehta, a young person at Palo Alto High School who threw herself in front of CalTrain at 10:13 on Tuesday morning. What’s quite unusual is that Summer published a suicide note for all to see before she killed herself. It reads as follows.
(more…)Just a quick post to state it’s important not to get hung up on the past success of a financial asset. Below, for example, is a sensationally successful stock. It went up almost every day. It went up hundreds of percent. Everyone was making bank.
This is a long one. But enough about me. To lay the foundation for this post, allow me to state a couple of strong beliefs that I possess. Please keep your hands and feet inside your vehicle at all times as we move through these thoughts. Here we go.
The first is that I believe people are, on the whole, born and not made. That is to say, nature constitutes a person’s personality much more than nurture. A one-hour old baby is almost identical to the same human eighty years later, except that he’s acquired a bunch of real-world knowledge along the way (plus has gone through a million different versions of his body along the way).
For example, I’m a dog person. I was born that way. It wasn’t because, unlike my own children, I was surrounded by dogs from birth (N.B. the first word out of my children’s mouths wasn’t ma-ma or da-da, but dog; I have a special pride in that). Although I had a couple of dogs during my youth, they weren’t really “mine” and I hardly remember anything about them. However, when I reached adulthood, my first instinct, shared with my girlfriend (now wife of many decades) was we have got to get a dog. I was born that way. So was she.
(more…)
