I’ve written about American Girl before, such as this post. For those unacquainted with American Girl, it started off as a doll-based means for girls to learn about different periods of U.S. history, but it has developed into a phenomenal retail success story of overpriced Chinese-made junk sold in branded stores in high-end shopping malls (like, oh, say, the Stanford Shopping Center). It’s a big deal for the 9-12 year old crowd.
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.
Banning Fear
I just wanted to point out that the fear index crashed yesterday to levels hardly ever seen. It just illustrates how deep the complacency in this market remains.
Me So Einhorny!
Greetings from the Starbucks on the Google campus, which is cram-packed with people and laptops (these aren’t Google employees, naturally; just slobs like me; I hang out here a lot because there’s a Tesla supercharger here, and I can suck down all the electricity I want for free).
Anyway, when I saw all the chatter about how Keurig Green Mountain was getting its balls blown off after-hours, I was reminded of a post I did way back in November. The post relayed the news that, at long last, famed hedge fund manager David Einhorn was throwing in the towel on his GMCR short position. Here’s a snippet from that post:
Before This Year is Over
I firmly believe we are going to see a surge in the VIX to the mid-20s. Until then, I am shorting, and shorting, and then shorting some more. If and when we reach the happy day when something resembling the chart below is realized, I shall finally cover.
