JPMorgan Chase isn’t just a bank — it’s four distinct businesses under one roof, printing $21.2 billion in profit last quarter. Here’s how the world’s most important financial institution actually works, and what every Australian investor should know before buying it.
Issue #14 | Sunday, 9 August 2026
The S&P 500 cleared 7,700 for the first time in history this week as Palantir surged 29.5% on earnings that proved AI isn’t a promise anymore — it’s a machine. Here’s what moved markets and what it means for your portfolio.
SpaceX beat every number in its first public earnings report and raised guidance. The stock fell anyway. Two days later, up to $116 billion in insider shares unlock. Here’s what’s actually moving the price.
Berkshire Hathaway has never paid a dividend. It’s also one of the greatest wealth-compounding machines in history. That tells you something important about how this choice actually works — and when each approach wins.
Palantir posted a Rule of 40 of 155 — almost unheard of in software. Its own analysts then valued the stock anywhere from $70 to $255. The real story isn’t the ninth straight beat. It’s that nobody agrees what the business is actually worth.
Buffett is still in the room — just not running the meeting. Greg Abel inherited the most sophisticated capital allocation machine ever built, $397 billion in cash, and a market where nothing looks cheap. This is what Berkshire actually is, and what comes next.
Issue #13 | Sunday, 2 August 2026
The Magnificent Seven shed nearly $800B in market value last week as investors demanded proof that AI capex converts to earnings. Oil spiked on US-Iran tensions, the Fed held firm, and smart money quietly rotated into mid-caps and energy. Here’s the Australian investor read.
The next 30% crash will come. The question isn’t whether your portfolio will survive — it’s whether you’ve built the architecture to endure it before the panic sets in.
Every quarter, US companies report results that ripple through your ASX ETF overnight. Here’s the exact chain — and why you always seem to wake up to the move already done.
64 consecutive years of dividend increases. Two lean, high-margin businesses post-Kenvue. A litigation cloud the market has largely priced. Here is what JNJ actually is today — and why it quietly sits in more SMSF portfolios than most advisers realise.