JPM
JPMorgan Chase & Co.
stock NYSE

300+ paper contracts exist for every physical ounce of Silver…..Let that sink in….The only thing I’m pissed off about is those Azzhats @ JP Morgan hold a substantial amount of physical and weren’t kicked out of CME trading for their gross manipulation of the Ag markets. I want JPM to go broke along with BofA and Wells Fargo!

JPM

Im actually only at 4% yield right now with a mix of dividend paying stocks that pay out between ~1-6% (mix of about 30 different stocks from MSFT @ 0.8% to JPM @ 4% to O @ 5.5% to BTI @ 9%) and covered call funds that pay out between ~8-13% (GPIX/Q, NEOS, JEPI/Q) but as I get closer to retirement im planning on going a bit more heavy into CC funds

Tatsächlich kenne ich viele im IB, M&A, PE
Die Leute aus der Doku sollen gerade soviel verdienen, damit der deutsche Zuschauer es glaubt und relativieren kann dass die Jenigen bald an den 100k kratzen, dafür aber sehr viel mehr arbeiten.
Keiner von meinen Freunden und Verwandten arbeitet bei den Big4 - sondern bei KKR, Blackstone, Carlyle, JPM, Goldman usw. Einstieg in London war vor 7 Jahren so bei 70-80t£ bzw. 90-100t$ in New York mit Bonus in der Regel nochmal 100%. Es gibt feste Level - du steigst als Analyst ein, bleibst zwei Jahre und wenn du nen offer fürs nächste Level bekommst bist du je nach company auch nicht mehr angestellt sondern gründest deine eigene Firma und wirst von deinem Arbeitgeber in USD bezahlt - Konto auf den Cayman Islands. Im zweiten Level steigt das base sallary schnell auf 140t$ + 100-300% Bonus.
Wenn du bis Principal überlebt hast kann es sein dass dein base dann bei 350k + 100-200% liegt. Als Principal (im PE) bekommst du neben base + Bonus noch einen carry, also bei Verkauf des Deals bekommt das Team welches am Deal beteiligt war 5% vom Gewinn, welcher nach Köpfen verteilt wird, wenn die ersten davon reinkommen bist du garantiert Millionär (netto), wenn dein Lebensstil nicht zu übertrieben war und du etwas aufs Geld geachtet hast.
Und ja die Leute arbeiten in Projektphasen unnormal viel, auch am WE. An Weihnachten bekommt man zumindest 24h im Heiligabend frei, feste Zeiten im Jahr zu denen Urlaub genommen werden darf.
Meine Kumpels/Verwandten waren in Schule und Studium immer unter den besten 5%. Waren auf Privatschulen/Internaten und an bestimmten Eliteuniversitäten. 99% kommen schon aus sehr wohlhabenden Elternhäusern und bekommen von Haus aus die besten Tips wie man an diese Jobs kommt.
Ich hab hier nur 3-6 Antworten gesehen die darauf hindeuten dass sie wirklich in der Branche arbeiten, der Rest hat zum Glück keine Vorstellung davon was andere so verdienen.
Man muss aber nicht gleich im IB arbeiten. Wenn man bei den UN arbeitet verdient man auch ordentlich und hat riesige Steuerfreibeträge. Ähnlich sind Jobs bei der EZB.
Letztlich bleibt mir nur zu sagen: „von nichts kommt nichts“.

No one does.  JPM ultimately pulls the strings, as they’re effectively the backstop of our Federal Reserve now.  It’s not a symbiotic relationship though, oh no.  Fed does as it wants, so long as JPM is reasonably on board with it. In exchange, if Fed has to deal with a problem in the economy that has deep and painful ramifications, JPM gets to have a say in it.

VTI dividend payout will be 2.2% higher than 2024, this is the slowest rate of dividend increase in this past decade, things did slow down in GFC and Covid, but outside of that VTI has had more robust dividend growth.
I wonder what will happen in 2026, but it's something to keep an eye on.
BTW this is despite the mega caps introducing dividends (like GOOGL) and MSFT continuing its 9.5-10% increase, and JPM AXP V also doing closer to 15-20% hikes, so things have dramatically slowed elsewhere.

My defensive stocks are GLD, VZ, BRK.B, UNH, MCD, FISV, JPM.

GOOGL, JPM and BK

I've been buying pretty steadily for the last 15 years or so.  I'm pretty numb to price movements down as that's when I'll back up the truck and go all in at this point.  In fact, I wish it was still as cheap as it used to be.  Maybe some people didn't truly appreciate the price suppression that alone us to buy so much for less than half it's current price?  I liked JPM and big players shorting it!  I always had my full faith and trust that is was a great value and made it my biggest asset.  I don't have as much as some people but more than most, I think.  I'll consider selling some at a higher price if I see some deep value in other assets I want to transistor into but only if I truly own it and not just a beneficiary and custodian of something.

Hi all,
I spent this very chilly sunday morning looking into some value players in international markets. I ended up being quite interested in two companies - KB Financial Group (Korean Group, owns the Kookmin Bank $KB) and Grupo Aeroportuario del Sureste ($ASR).
I will focus the post on the second company as I believe they are now in a transformational path that could be the catalyst to unlock a lot of value in 2026. I am a long-time commenter, first time poster so bear with me and anything I have missed let me know.
**TL;DR**: Boring Mexican airport concession company decides to become a Latin American airport powerhouse, ditches balance sheet strength for growth and makes some big acquisitions, trades cheap (12.85x P/E), Shareholder Meeting to approve acquisition of Brazilian Airports on January 26 is the catalyst.
**The Company**
ASUR is a Mexican international airport operator with a portfolio of concessions to operate, maintain and develop 16 airports. These comprise 9 airports in Mexico, including the Cancun International Airport, and 6 airports in Colombia, including the Medellin airport which is the second largest in Colombia. Moreover, the company is a 60% JV partner in Aerostar Airport Holdings, which is the operator of the Luis Munoz Marin International Airport in San Juan, Puerto Rico.

**The Stock**
It is traded in the Mexican exchange under ASUR and on an ADR in the NYSE under the ticker $ASR. There is a random company with a ticker $ASUR in the NYSE. Do not confuse them!
Each ADR is 10 Series B shares. It has seen a degree of growth over the year (25% YTD). It currently trades at USD322/ADR and it previously reached peaks of c.USD350 over the year.

**The Financials**
Historically the company has been a cash fortress with a Net Leverage of 0.2x by Q3'25. This has led the company to pay an extraordinary dividend of USD25.71/ADR in May 2025 as they wanted to clear out their excess cash pile (they had around USD800m of cash on hand by end of 2024) and now have USD125m by Q3'25.
In terms of P&L and Cash Flow, the company saw a revenue of roughly USD1.71bn in 2024 and has seen an increase of c.18% YoY by 9M'25. EBITDA margins remain at around 68-70%. The main concern on P&L remains their exposure to non-USD currencies given their operations are mostly in Mexico and Colombia, opening the company to possible FX losses. In Q2'25, they saw a massive FX loss of around USD60m due to the strength of the mexican peso vs their USD cash piles.
In terms of Cash Flow, it is quite stable and the company consistently produces more than USD700m of FCF per year. This has historically mostly been used for dividends and some capex.

**The Growth Catalyst**
They have historically been a super boring company. Airports, the tourists gotta pay the toll and splurge on duty free stuff. We all have to do it.
However, there seems to be a quite big strategic shift in their strategy. The company has decided they want to expand significanty and the next Shareholder Meeting on January 26 2026 is the big strategic shift.
The company announced that they would be acquiring Companhia de Participacoes em Concessoes from Motiva for a purchase price of USD936m. This entity owns equity interests in 20 airports with concessions in Brazil, Ecuador, Costa Rica, and Curacao. This portoflio includes concessions for the Quito Airport in Ecuador, San Jose airport in Costa Rica, the Confins International Airport in Brazil and some other smaller ones. This acquisition will be voted in the meeting for approval.
CPC has LTM EBITDA of roughly USD243m and a financial debt of USD1,180m (on a 100% basis of the airport portfolio, not fully consolidated). This effectively means that the company is aiming to ditch their boring, balance sheet fortress strategy of focusing on three airports (Puerto Rico, Medellin, Cancun) and trying to become a powerhouse in Latin America and the Caribbean. This acquisition will be financed through a secured loan by JPM, with the company effectively ditching the low debt strategy into a growth portfolio of airports. More nformation (including pro-forma financials) can be found [here](https://www.asur.com.mx/media/Comunicados%20de%20prensa/Asamblea%20de%20Accionistas/2025/Material%20AGM%202026%20English.pdf).
Additionally, they have just completed last week the acquisition of URW Airports for an EV of USD295m. This entity is the retail developer and operator of Terminals 8 and the next New Terminal One of JFK Airport, Terminals 1,2,3,6 and Tom Bradley International Terminal of LAX, and Terminal 5 of O'Hare.

**If they are taking on new debt, why did they pay that extraordinary dividend?**
This is something that I have struggled with. It felt very counterintuitive that the company had a big cash pile, distributed it and now wanted more debt.
Effectively this is due to Mexican regulation in which dividends paid out of their Net Tax Profit Account (CUFIN) is tax-free to distribute. This "tax-paid" benefit on this account would be trapped if they had become entangled in the cross-border merger prior to the distribution.
Moreover, there is an arbitration in that they believe the new airports can obtain a higher return than their debt payments, so they will be making the spread while leveraging the balance sheet. It would be cheaper than paying directly with their money.
Moreover, and just as a last point, this is a value/income stock historically. It effectively serves as a goodbye and thank you gift to their shareholder base as they move towards a growth-focused entity.

**What can actually go wrong?**
**The Cancun Problem** \- Passenger traffic in Mexico has been nearly flat (growing around 1%) for much of 2025. There is concern that their main asset, the Cancun Airport, is now located in a saturated market. Additionally, the new Tulum International Airport just opened in 2023, which may cannibalize future growth for the Cancun Airport.
**Integration and Debt** \- If the deal is approved, they are effectively making a very large strategic shift by needing to integrated 20 new airports whilst getting a huge load of new debt. There is significant integration risk when doing mergers of this nature and the margin for error disappears with their weaker Balance Sheet, particularly if 2026 sees a more pronounced macroeconomic slowdown.
**Regulation** \- The Mexican Government is notorious for unilaterally changing airport tariff regulation. Additionally, the USMCA trade agreement review is coming in 2026 and a friction between the US and Mexico may lead to a sharp drop in business and leisure travel.
**Environmental Risk** \- It is pretty dumb, but massive blooms of Sargassum seaweed have plagued Caribbean beaches over the past years. If 2026 is a bad seaweed year, there may be a decrease in luxury travel as they pivot to other destinations.
**My Positions** \- None yet. I am fully invested and do not want to sell anything else in 2025 because of tax, so I cannot shift to this. I will probably be opening a position when we turn into the year 2026.

Once the big players (JPM et al) have shifted their synthetic exposure to physical things should really pick up steam.

Consider adding ONON, amzn, sofi , Hood, JPM

Jain. You can always get a grad role at JPM after working at Jain. The other way around is not a given

You deserve zero credit. Nobody went bankrupt. A hedge fund shutting down is very different than bankruptcy and ultimately wasn’t material to GME. Hedge funds come and go all the time. System isn’t corrupt at all, no exchanges blocked anything a tiny tiny fraction of extremely poorly run brokerages couldn’t afford the deposit to allow customers to buy more shares because they used the cheapest clearing system because they were poorly run. The vast majority of market infrastructure doesn’t operate anywhere near this stuff and most brokers and every institutional broker had no problems transacting. No corruption when Morgan Stanley/JPM/UBS/BAML are all open for business and represent the 4 largest holders of retail wealth. You’ll get suckered by something else soon enough.

JPM, MSFT, WMT

GOOGL, JPM and ZIM

Put money in monthly as well as cash gifts from grandparents. She started working at 15. I opened a Roth and pulled what she made out of her taxable and deposited to the Roth. I bought a handful of stocks of companies she was familiar and could track, ie KO, APPL, SBUX, MSFT, MCD…. SWPPX is her largest holding and dividends allow monthly automatic investment. Her best long term performers are JPM and AVGO.

I developed an FX paper trading learning platform with 2 profs at Johns Hopkins University several years ago using real-time feeds. While that was an academic exercise, I recently applied those neural-network principles to a proprietary directional model for high-liquidity Large-Caps (NVDA/IBM/JPM).
I just wrapped a 6-week **out-of-sample forward test**. Here is the performance at a glance:
* **Sample Size:** 39 trades (Fixed 100-share sizing)
* **Win Rate:** 69.2%
* **Profit Factor:** 3.6
* **Max Drawdown:** 8.1% (Peak-to-trough)
* **Strategy:** **Intraday Long-Only bias** (Zero overnight exposure)
The equity curve is a steady "staircase" with very tight risk control. The model architecture is configurable, allowing me to tighten the threshold to increase Win Rate at the expense of trade frequency.
**Question:** For those in the systematic space, would you prioritize scaling the current frequency with a 3.6 PF, or would you further optimize for a higher Win Rate to appeal to institutional "alpha-license" requirements?

I've been the same for JPM, Meta, Nvidia, AMD & fucking Oracle i lost 1000€

Read about JPM Vs Lehman. Nothing is protected except the protected class of TBTF banks.