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.

Ramsey’s Year-End Review

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Note from Tim: our own Davis Ramsey was kind enough to compose this breakdown of his trading performance. I’d say he’s got Gartman beat!

Conducting a thorough year end review of your trading results is of the utmost importance. While regular monthly reviews are good snapshots and can keep you on the right track, looking back over a full year can show you some important big picture mistakes or successes that you might otherwise overlook.

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Retail Roundup

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Being an equity bear has been brutal for, oh, nearly eight years now. With the S&P up about 250% since bottoming in March 2009, equities have been, on the whole, raging higher, with some sectors in particular benefiting tremendously from the Trumpgasm. One area, though, seems to be recognizing a bitterly cold chill of reality, and that is retail.

Not everything retail is weak, of course, Amazon has had an astonishing run (and we’ll see if it holds together when they report next week), and some stocks such as Autozone (AZO) and O’Reilly Auto Parts (ORLY) have cranked out multi-hundred percent gains for years now. But many retail companies, particularly those having to do with clothing, have been getting whacked. Take, for instance, Abercrombie & Fitch, which I’ve picked on endlessly: it is actually lower than it was at the greatest depths of the financial crisis. For how many stocks could you make that statement?

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The End of Invention

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I retired when I was thirty-eight years old.

Well, not really. To my mind, “retired” means I stopped working, and I certainly didn’t do that. My work means a tremendous amount to me. Being idle isn’t in my blood. I am reminded of a quote I cited from a blog post I did back in the days when I used to do really amazing posts…..

Finally and above all else, he was marvelously alive; and mankind, dreading boredom even more than anxieties, is grateful to those who make life throb with a swifter, stronger beat

What I mean by my “retirement” was that I was financially independent. I had, single-handedly, Carl Clowngone from being pushed out into the world at the age of 17 without any financial support to having the choice to never need to work work again.

As I say, though, not working isn’t really my thing. On the contrary, I think my desire to work and create exists in such abundance as to make me miserable, because if I’m not actively creating, I am very unhappy. I find myself in that state quite a bit.

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