
Elon Musk in costume from Saturday Night Live.
(more…)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.
This is a tale about risk, hubris, and disaster. I stumbled upon it quite by accident.
Let us begin by taking a look at the chart of a relatively young stock named Rocket Companies (symbol RKT). You may have heard of Rocket Mortgage, but they have a variety of other financial lending products. Anyway, here is the chart, absent a couple weeks of the most recent history:
