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.

Another Source Of Alpha Kicks In

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Since June of 2017, we’ve been posting Portfolio Armor’s top ten names each week, and tracking their performance in real time. So far, we have full 6-month performance data for 135 cohorts, and they’ve outperformed SPY by 0.54% annualized so far. In an article published in February, I wrote about another possible source of alpha, names that appear on my system’s “cash substitute” list: 

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Hedging Market Portfolios Using Analytics

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What follows is a recording of my presentation to the San Francisco chapter of the American Association of Individual Investors on June 25th. Given the proximity to San Francisco, many of these investors have large positions in current or former employers’ shares, so risk management was of particular concern to them. 

Slopers with a similar concerns may find this of interest, although I also discussed the importance of hedging market risk. In addition, I discussed the hedged portfolio method for constructing portfolios designed to maximize expected return while strictly limiting risk. 

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I’m. An. Ord. I. Nar. Y. Guy.

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No visible means of support and you have not seen nothin’ yet
Everything’s stuck together
And I don’t know what you expect starring into the TV set
Fighting fire with fire

It is a terribly difficult time to be a thinking person. Almost agonizing.

Hey, hold up there, Tim-bo. I’ve been buying stocks, and I’ve been doing great! I’m a thinking person!

No, you’re not. You’re opportunistic. You’re profitable. But you’re not thinking. You’re just in the right place, at the right time, with the right disposition.

I say again: this is a terrible time to be a thinking person. The more stupid you are, the better you’ll do. The more cloying, the better. A sycophant? You’ll thrive.

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