Things are starting out less-than-peachy for the WSB 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.
Cover to Cover
There it was on my driveway, just like every month: the latest issue of Gentry magazine, which, as I described it in a prior post, “is a free magazine they distribute around here, packed with a combination of real estate ads, for the tech zillionaires, and plastic surgery ads, for their vain spouses”.
Well, the cover of the January 2021 issue got my attention, so I thought I’d share it, which I’ve thoughtfully scanned:
I Just Don’t Get It
OK, screw it. Give me a cane, a grey beard, and put me on a front lawn so I can yell at kids. This must be where I’m at in my life. Allow me a brief confused rant:
I stumbled upon an article about the people earning the most from YouTube ads. It turned out the top one was a nine year old kid, who was scoring about $11 million a year. It mentioned his top video ever was the one I’ve placed beneath. It has over two billion views, so I figured it must be absolutely amazing.
Good God, just try to watch the whole thing. I couldn’t even make it past the first minute. It’s just a kid picking up eggs. Jesus H. Christ, people! What the hell? Is watching this dogshit actually a “life”? AIEEEEEEEEEEEEE. TWO BILLION VIEWS!
Easy Come, Easy Go
The preposterous market of 2020 created countless legions of degenerate gamblers out of young people. Below is, I think, the poster child for this kind of nonsense (although, unlike many of his peers, he at least didn’t plunge into personal debt to finance his “trading”). He went from $2,000 to $230,000 and down to $0. His final desperate “investment” was short-dated calls on Palantir (of course) which wound up worthless.
The Sure Thing
“The entry of Tesla into the S&P 500 virtually guarantees its continued rise.” Record volume. Record mania. Purchases of TSLA after the close on Friday at $695. I think even Mr. Magoo would’ve seen this one coming:
