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← Give a banker twenty per cent of the profits on a thirty-times-levered…

8 connected korrents · 7 moments on record from 20 Feb 2024 to 15 Jul 2026.

Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: Give a banker twenty per cent of the profits on a thirty-times-levered book and he will take it to forty times, because the extra leverage is worth a quarter of his bonus. Give a banker twenty per cent of theprofits on a thirty-times-leveredbook and he will take it to fortytimes, because the extra leverage isworth a quarter of his bonus. JD Jamie Dimon — holds since 2025-07-16 — tap for who they are Same subject: Economic coercion has a half-life: use your leverage once and it is much weaker the second time, because everyone starts substituting away from you. — tap to centre the map on it Economic coercion has ahalf-life: use your leverageonce and it is much weaker thesecond time, because everyone… KJ Keyu Jin — holds since 2025-08-13 — tap for who they are Same subject: About a dozen holdings captures nearly all the benefit of diversification; going to fifty adds almost nothing. — tap to centre the map on it About a dozen holdingscaptures nearly all thebenefit of diversification;going to fifty adds almost… BA Bill Ackman — holds since 2024-02-20 — tap for who they are Same subject: A plan that spells out every line of code to change gives you no leverage: it costs as long to read as the pull request, so you end up skimming it and reading the code twice. — tap to centre the map on it A plan that spells out everyline of code to change givesyou no leverage: it costs aslong to read as the pull… DH Dex Horthy — holds since 2026-07-15 — tap for who they are Same subject: Leverage in the AI build-out is neither to be applauded nor feared; what matters is how much debt there is and what backs it. — tap to centre the map on it Leverage in the AI build-outis neither to be applauded norfeared; what matters is howmuch debt there is and what… HM Howard Marks — holds since 2025-12-09 — tap for who they are Same subject: At a market price-earnings ratio of twenty-three there is little upside and a long way to fall, where at fifteen there would be much less risk. — tap to centre the map on it At a market price-earningsratio of twenty-three there islittle upside and a long wayto fall, where at fifteen… JD Jamie Dimon — holds since 2025-07-16 — tap for who they are Same subject: The winning move in coding agents was inverted: take share with a merely good-enough harness first, then go back and make the harness smart. — tap to centre the map on it The winning move in codingagents was inverted: takeshare with a merelygood-enough harness first… DR Dax Raad — holds since 2026-05-27 — tap for who they are Same subject: Selling a saving caps what you can charge; selling more of what the buyer already values raises that cap by an order of magnitude. — tap to centre the map on it Selling a saving caps what youcan charge; selling more ofwhat the buyer already valuesraises that cap by an order of… JC Jason Cohen — holds since 2026-01-25 — tap for who they are Same subject: A margin only counts while you are still investing heavily, because cutting the investment raises this year's margin and lowers the long-term one. — tap to centre the map on it A margin only counts while youare still investing heavily,because cutting the investmentraises this year's margin and… JD Jamie Dimon — holds since 2025-07-16 — tap for who they are
same subject or similar wording

At the centre Give a banker twenty per cent of the profits on a thirty-times-levered book and he will take it to forty times, because the extra leverage is worth a quarter of his bonus. Holds Jamie Dimon Read this korrent →