PS, if you would like to review the book, if you'd like me to talk about it for an event, if you'd like me to come on a podcast or anything else, now is very much the time to get in touch and ask!

Thank you! That's great to hear

JP Morgan now accounts for about 30% of the market cap of large American banks, from 12% when Dimon started. Mike Mayo, the Wells Fargo banks analyst, thinks itsm's heading to $1tn. It already had a lead over competitors on efficiency pre-pandemic, but the gap is huge now.

Actually can take it back further: only 3 occasions since 1964 with larger 2-day sellouts in S&P 500

What was that all priced in, guilders? Spanish dollars?

I dunno, because there was quite a drumbeat for that which didn't come from Churchill. Was it also more binary than this? I don't know if there was any discussion about the precise level to peg at

Yeah it may be that - although at least the US was at that time perceptibly in crisis

I'm trying to think of something as clearly discretionary as this, where there's no immediate or meaningful consequence to just not doing it.