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.

Even the Bears are Bullish

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I read as much as I can, and I’m fairly familiar with regular contributors at the sites I visit. There’s one chap, Graham Summers, who has an outfit called Phoenix Capital Research. He has a well-earned reputation on Zerohedge for being apocalyptically bearish. He makes me look positively even-tempered in comparison. Most recently, however, there’s been a 180 degree change.

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Changes in the Rearview Mirror

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For years now, I’ve done something which is a bit unusual, but I find oddly helpful, which is to track the positions I have closed out. In other words, when I close a position, I move it to a different part of my portfolio spreadsheet, updating its “entry” price with its “exit” price so that I can see what would have happened to that position if I had simply hung on to it.

By its nature, this is a constant source of either relief (“Phew, glad I got out!“) or regret (“Idiot! Coward! You should have hung on!“) I constantly have my eye on the rearview mirror.

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