Core Insights - The article emphasizes the importance of generating alpha through independent investment strategies, focusing on a generalist approach across various sectors with potential alpha compared to the S&P 500 [1]. Investment Strategy - The investment strategy involves managing a family portfolio primarily through a Self Managed Super Fund, with a typical holding period ranging from a few quarters to multiple years [1]. - The research methodology includes building comprehensive spreadsheets that track historical financial data, key metrics, guidance trends, and performance indicators [1]. Research Approach - The analysis does not heavily rely on Discounted Cash Flow (DCF) models for long-term projections, instead focusing on assessing a company's historical performance and outlook on five key drivers: revenues, costs and margins, cash flow conversion, capital expenditures, and interest rates [1]. Market Positioning - The article indicates a potential interest in initiating a long position in COIN within the next 72 hours, suggesting a proactive approach to investment opportunities [1].

Key Takeaways JPM filed a trademark for "JPMD," tied to digital asset trading, transfer, and payment services. JPM's move follows rising stablecoin interest and $1B daily use of its JPM Coin for wholesale payments. JPM is in talks with major banks like BAC on launching a joint stablecoin amid evolving regulations.On June 15, JPMorgan (JPM) filed a trademark application for “JPMD” with the United States Patent and Trademark Office (USPTO), suggesting potential plans related to digital currency. This move i ...