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.
For no particular reason, I decided to amble over to the Bitcoin Purchases page of the Strategy corporation, Michael Saylor’s former software company which is now little more than a giant BTC repository.
As you can see below, the man sure knows how to buy Bitcoin, and at this point his average cost for the $843 million he has gobbled up is $75,700 per BTC.
I know how sensitive you he-men snowflakes can be, so I’ll preface this by saying this post is in no way a violation of my pledge not to offend you pantywaists until November 1st. I’ve been exceptionally self-censorious, even though most of you actually would prefer I not, according to the poll data.
Having said that, this post’s title is based on the old joke about the father showing his son the yachts of the great brokers of New York City, to which his son asked, “But where are the customers’ yachts?” (You’ll note by the placement of the apostrophe that the lad had enough sense to distinguish between a singular and plural possessive).
The current chief executive of the federal government has made many billions of dollars while in office through various and sundry methods. Some of these schemes allow the investing public to participate. The man has made himself exceptionally rich, but I must ask: what about the rubes who bought into these various opportunities? Where are THEIR yachts? Tell me that.
(more…)You had me at “1.2% return and 40.49% success rate“:
Can we at least all acknowledge that the move for the rental company CAR from 150 to 850 to 150 in the span of a single month was utterly and completely brain-dead? Just sayin’.
Congratulations. We are now officially in the silly phase of the Everything Bubble. The semiconductor maker Cerebras just started trading (CBRS) and about 200 times sales. Not profits (there are none). Sales.
It opened at TWICE its already elevated IPO price, and some genius paid $384 for this and is down 15% already. Anyway, anyone buying the line that “this is the next Nvidia” deserves what’s coming.
