{"id":35153,"date":"2026-02-27T23:23:43","date_gmt":"2026-02-28T04:23:43","guid":{"rendered":"https:\/\/sharewatch.com\/wp\/2026\/02\/27\/jason-fieber-just-bought-this-6-yielder\/"},"modified":"2026-02-27T23:23:43","modified_gmt":"2026-02-28T04:23:43","slug":"jason-fieber-just-bought-this-6-yielder","status":"publish","type":"post","link":"https:\/\/sharewatch.com\/wp\/2026\/02\/27\/jason-fieber-just-bought-this-6-yielder\/","title":{"rendered":"Jason Fieber Just Bought This 6% Yielder"},"content":{"rendered":"
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My colleague Jason Fieber just bought a stock yielding roughly 6%<\/strong>.<\/p>\n

Not a speculative turnaround. Not a \u201cstory stock.\u201d Not some AI-adjacent darling trading at 30x earnings.<\/p>\n

Nope. He bought a fortress business in one of the most stable economies in the world. Paying him 6% to wait.<\/p>\n

Before I tell you the name of this stock, I want to tell you what he sold to buy it.<\/p>\n

Jason exited two consultancy firms that had been in his real-money FIRE Fund for years: Elixirr International (ELIX)<\/strong> and Reply SpA (REY)<\/strong>.<\/p>\n

Both are excellent companies that were profitable investments for him\u2026 so why sell?<\/em><\/p>\n

In short, because AI is changing the math.<\/p>\n

Consulting firms are built on specialized human expertise and billable hours. AI, on the other hand, operates at scale, at speed, and at near-zero marginal cost.<\/p>\n

Could those firms adapt? Possibly.<\/p>\n

Will pricing pressure creep in? Probably.<\/p>\n

Is the long-term visibility as clear as it once was? Not really.<\/p>\n

And that\u2019s important, because Jason doesn\u2019t get rewarded to hope. He\u2019s rewarded when he allocates his capital where durability is highest.<\/p>\n

So he stepped aside \u2014 not because those businesses are broken, but because the road ahead looks foggier than it used to.<\/p>\n

Now, about that 6% yielder\u2026<\/p>\n

Jason initiated a position in DNB Bank (DNBBY)<\/strong> \u2014 Norway\u2019s largest financial institution.<\/p>\n

Here\u2019s what caught his attention:<\/p>\n\n\n\n\n\n\n\n
Dividend yield<\/strong><\/td>\n6%<\/td>\n<\/tr>\n
Return on equity<\/strong><\/td>\n20%<\/td>\n<\/tr>\n
CET1 ratio<\/strong><\/td>\n18%<\/td>\n<\/tr>\n
Government ownership<\/strong><\/td>\n34%<\/td>\n<\/tr>\n
Valuation<\/strong><\/td>\n10.6x earnings; 1.6x book<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

This isn\u2019t speculation. This is a government-backed, capital-rich financial fortress in one of the world\u2019s most stable economies \u2014 trading at a modest multiple and paying a 6% dividend.<\/p>\n

High-single-digit earnings growth. A recently increased dividend. Thick capital buffers.<\/p>\n

Jason calls that a \u201cone-foot hurdle\u201d he can step over.<\/p>\n

Importantly, in a market obsessed with excitement, Jason\u2019s choosing visibility.<\/p>\n

The bigger picture here isn\u2019t just one bank, though:<\/p>\n

Jason reduced exposure to businesses facing potential AI-driven margin compression\u2026 and increased exposure to regulated financial infrastructure and other industries with stronger long-term visibility.<\/p>\n

That\u2019s not dramatic. It\u2019s disciplined \u2014 and disciplined capital allocation is how you build a portfolio that pays you safe, passive, growing income for the rest of your life.<\/p>\n

Good investing!
Greg Patrick<\/p>\n

P.S. DNB Bank wasn\u2019t Jason\u2019s only addition. He also initiated positions in two global testing and inspection leaders and added to several other holdings \u2014 each with its own rationale and valuation framework.<\/p>\n

If you want the full breakdown \u2014 including every buy and sell alert in real time \u2014 along with full visibility into his real-money FIRE Fund portfolio \u2014 you can follow along inside his Patreon. Click here to get Jason\u2019s trade alerts and portfolio access.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

My colleague Jason Fieber just bought a stock yielding roughly 6%. Not a speculative turnaround. Not a \u201cstory stock.\u201d Not some AI-adjacent darling trading at 30x earnings. Nope. He bought a fortress business in one of the most stable economies in the world. Paying him 6% to wait. Before I tell you the name of […]<\/p>\n","protected":false},"author":1,"featured_media":35154,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[29],"tags":[],"class_list":["post-35153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dividends","entry","has-media"],"_links":{"self":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts\/35153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/comments?post=35153"}],"version-history":[{"count":0,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts\/35153\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/media\/35154"}],"wp:attachment":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/media?parent=35153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/categories?post=35153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/tags?post=35153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}