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𝗧𝗼𝗺 𝗟𝗲𝗲 𝗽𝗿𝗲𝗱𝗶𝗰𝘁𝘀 𝟱 𝗼𝗳 𝘁𝗵𝗲 𝟭𝟬 𝗹𝗮𝗿𝗴𝗲𝘀𝘁 𝗯𝗮𝗻𝗸𝘀 𝗶𝗻 𝘁𝗵𝗲 𝘄𝗼𝗿𝗹𝗱 𝘄𝗶𝗹𝗹 𝗯𝗲 𝗱𝗶𝗴𝗶𝘁𝗮𝗹𝗹𝘆 𝗻𝗮𝘁𝗶𝘃𝗲 𝘄𝗶𝘁𝗵𝗶𝗻 𝗮 𝗱𝗲𝗰𝗮𝗱𝗲: "JPMorgan makes $60 billion a year, the most profitable bank in the world, with 300,000 employees. Jane Street... just reported $10 billion in profit in the first quarter with 3,000... employees." "With one one-thousandth the number of employees, they're almost as profitable as JPMorgan. And they're making more money than the second, third, fourth largest banks in the world." "Tether, which is a crypto-native, completely digital-native bank selling a stablecoin, is going to make $15 billion this year, which would rank it as the eighth most profitable bank in the world with 300 employees." "What's happening with blockchain is what happened with digital media where there were the traditional studios and then there was Netflix, or with telecom where there was long distance and local and then there was cellular." Full episode with Thomas (Tom) Lee (not drummer) FundstratDirect.com: 🍎 𝗔𝗽𝗽𝗹𝗲: 📺 𝗬𝗼𝘂𝗧𝘂𝗯𝗲:show more

Meb Faber

143,984 subscribers

117,563 Aufrufe • vor 4 Monaten •via X (Twitter)

Anya Rossi• Live Now

Private livecam show

25 Kommentare

Profilbild von Dave Murphy

Dave Murphyvor 4 Monaten

“One thousandth the number of employees“? Did Tom Lee actually write this? And you repeated it?

Profilbild von Andrew Clements

Andrew Clementsvor 4 Monaten

Is the author using “new math?”

Profilbild von JBenn

JBennvor 4 Monaten

Because Jane Street does the same thing as JPMC, great comparison Tom!

Profilbild von AMD Man

AMD Manvor 4 Monaten

Damn! The future is bright for my 20,000 shares of $sofi! 😃

Profilbild von sky

skyvor 4 Monaten

Bullish $SOFI @anthonynoto @Dr_Crossroads @FunOfInvesting @Futurenvesting

Profilbild von @jimaverse

@jimaversevor 4 Monaten

Good episode, but they are almost always good

Profilbild von 𝙽𝚒𝚔𝚘𝚕𝚊𝚢 𝙺𝚘𝚣𝚎𝚟

𝙽𝚒𝚔𝚘𝚕𝚊𝚢 𝙺𝚘𝚣𝚎𝚟vor 4 Monaten

Tom Lee is great in his predictions 😉

Profilbild von Winner Investor MD

Winner Investor MDvor 4 Monaten

$BMNR at all time low, wtf is he talking about? get the job done.

Profilbild von Sarcastic Hedgie

Sarcastic Hedgievor 4 Monaten

wildest part is mapping this against actual balance sheet constraints... tech can scale users sure but try scaling a loan book without getting rekt on regulatory capital also jpm's real edge isn't headcount - it's being everyone's counterparty

Profilbild von John A Daprano

John A Dapranovor 4 Monaten

Tom I thought Jane Street was one of the companies that was being investigated for market manipulation for the coordinated dump ever morning around 10am - 11am?

Profilbild von Helen Jean

Helen Jeanvor 4 Monaten

Somehow agree.

Profilbild von MajorGroovy

MajorGroovyvor 4 Monaten

That math ain’t mathing

Profilbild von Trend ℏ

Trend ℏvor 4 Monaten

Sofi ?

Profilbild von Transplanted Birds Fan

Transplanted Birds Fanvor 4 Monaten

I dunno but lately he’s like Cramer and anytime he talks about BMNR I take even more of a bath.

Profilbild von Lewis M. Johnson

Lewis M. Johnsonvor 4 Monaten

how much capital has this guy incincerated?

Profilbild von Ex chaos ordo

Ex chaos ordovor 4 Monaten

$CRCL

Profilbild von Christopher Robb

Christopher Robbvor 4 Monaten

Amazing analysis @fundstrat, thank you needed some good ideas.

Profilbild von Paul W

Paul Wvor 4 Monaten

They suck and manipulate the market. I hope they lose their lawsuit in a big way.

Profilbild von KryptoMate

KryptoMatevor 4 Monaten

Stablecoins are becoming one of the clearest real-world crypto use cases. The next step is making USDT/USDC feel natural at checkout for travel, games, gift cards, and daily digital services.

Profilbild von TheHylander

TheHylandervor 4 Monaten

Thanks as we know them today will be a thing of the past.

Profilbild von Bill B

Bill Bvor 4 Monaten

Look at ticker $DAVE. I dont know what it is but seems to be growing fast with pe kess than 10.

Profilbild von Jack Nick

Jack Nickvor 4 Monaten

Where is this mfer? And his $BMNR

Profilbild von ALGO_BRO

ALGO_BROvor 4 Monaten

Notice how Tom didn’t mention Ethereum $ETH ?? Is Tom swapping all his $ETH to $ALGO ??

Profilbild von toni

tonivor 4 Monaten

JPMorgan's edge isn't headcount - it's proprietary data on 80M+ customers. The banks that survive the next decade already know which transactions predict behavior before any fintech does.

Profilbild von Eric modernel

Eric modernelvor 4 Monaten

He fucked over shareholders so bad.

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NEW LONG FORM VIDEO: The rise and fall of OnlyFans The owner of OnlyFans made $700 million last year with just 46 employees and no debt. By almost any measure, it’s one of the most profitable businesses on the internet. About a year ago, the owner tried to sell the company and has been struggling ever since to get the price he wants. So why is one of the most profitable businesses in internet history so hard to sell? The answer goes back to how the business was built. It all started with a $10,000 loan from a father to his son to launch the company. Today, more than $7.2 billion in revenue flows through OnlyFans each year. If a business generating $700 million in annual cash flow were publicly traded, it would likely be valued in the tens of billions of dollars. But here we are, and OnlyFans is still stuck on the market. And look, this is a complicated story. OnlyFans is an adult content platform, which makes it one of the more challenging businesses to analyze and talk about openly. Still, there are some fascinating business lessons behind how it grew, why it became so profitable, and why selling it has proven so difficult.

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No client list? This man, JPMorgan Chase (JPM.N) it processed more than $1 billion for Jeffrey Epstein’s sex-trafficking operation over 16 years JPMorgan was a full service bank for Jeffrey Epstein’s sex trafficking,” JPMorgan Chase settled two lawsuits related to its dealings with Jeffrey Epstein for a total of $290 million. A: One settlement, for $75 million, was with the U.S. Virgin Islands, which accused the bank of enabling Epstein’s sex trafficking operation. B: The other settlement, also totaling $290 million, was with a group of Epstein’s victims. These settlements followed allegations that JPMorgan ignored red flags and continued to provide banking services to Epstein despite knowing about his activities. Where there are $2 billion worth of sex trafficking transactions and $290 million in settlements for victims, that means there are pedophiles, there are Bill Clintons, there are Bill Gates’, there are Prince Andrews, there are clients. Who the fuck is Pam Bondi fooling?

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Cochrane: "I was texting with someone in the Ontario government where I said, 'Is there a world in which Doug Ford would relent on the LCBO issue?' And I was told, 'Absolutely not.' And the point was made that Canada needs more points of leverage, not fewer points of leverage. And the complaining you have heard about alcohol from senior members of the Trump administration, they basically see it as a tell. This is something they're feeling. This is something that's hurting them."

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Some of the works done in India stand out and one such example is that of Digital Public Infrastructure (DPI) and its success. More than a billion digital identities have been created using DPI. Using these digital identities bank accounts of people were created and during Covid-19 pandemic, money was transferred by the government in a click of a button. DPI also came useful in administering vaccine during Covid-19 pandemic. In my interactions with the G20, the World Bank or the IMF, this singular population-scale achievement of India is repeatedly lauded. - Smt Nirmala Sitharaman at the Hoover Institution in Stanford University in California. India in San Francisco India in USA

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Nirmala Sitharaman Office

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BILLIONAIRE UNIVERSITY®

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While China now actually owns $618 billion in U.S. debt with Japan being the largest debt owner, with $1.1 trillion followed by the UK with $940 billion. The point Richard Wolf makes here is still valid, as was clearly demonstrated by Xi’s state visit where Trump bent over backwards to fawn over him and attempt to put on a show. Be in no doubt China is just sitting back watching Trump destroy the reputation and economy of the U.S. on the world stage and you the US taxpayers are funding it. 🎥 TikTok -

While China now actually owns $618 billion in U.S. debt with Japan being the largest debt owner, with $1.1 trillion followed by the UK with $940 billion. The point Richard Wolf makes here is still valid, as was clearly demonstrated by Xi’s state visit where Trump bent over backwards to fawn over him and attempt to put on a show. Be in no doubt China is just sitting back watching Trump destroy the reputation and economy of the U.S. on the world stage and you the US taxpayers are funding it. 🎥 TikTok -

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