Jamie Dimon Quotes

Quotes about:

• Don't do anything stupd. And don't waste money. Let everybody else waste money and do stupid things; then we'll buy them.

  Jamie Dimon

  Stupid, Banking, Waste

  50 Copy quote

• Companies that grow for the sake of growth or that expand into areas outside their core business strategy often stumble. On the other hand, companies that build scale for the benefit of their customers and shareholders more often succeed over time.

  Jamie Dimon

  Hands, Organization, Growth

  77 Copy quote

• I've always wanted to help build a better society and build a better company, and I always wanted a healthy, vibrant company, a healthy, vibrant society. We take care of our people, we provide them with opportunity. But I've always believed business is here to serve your clients, your shareholders, your communities. If we do this well, everyone benefits. We have to do a good job for all of them.

  Jamie Dimon

  Jobs, Opportunity, People

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  52 Copy quote

• Just because you have a good hand today doesn't mean it's good tomorrow. And some of the things we're doing may become very disadvantageous at some point.

  Jamie Dimon

  Mean, Hands, May

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  29 Copy quote

• And if you're going to be a leader, you know what I ask myself? Would I want to work for you in this job? Would I let my children work for you? Would I give you this job if I wasn't there to provide oversight? If you went to run another company, would I, as an investor, invest in that company?

  Jamie Dimon

  Running, Jobs, Children

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  46 Copy quote

• We were a land of opportunity. You can never have equal outcomes, but you can have equal opportunity.

  Jamie Dimon

  Opportunity, Equal, Equal Opportunity

  Source: uk.businessinsider.com

  19 Copy quote

• My daughter asked me when she came home from school, "What's the financial crisis?" and I said, it's something that happens every five to seven years.

  Jamie Dimon

  Daughter, Home, School

  29 Copy quote

• I want you to say to me right from the start, "We are here to serve customers. We're not here for me to make a lot of money. We're not here to bet on interest rates or credit spreads. We are here to serve our customers really well over a long period of time, and that's how you build a successful business." And so I want to see that, too, you know?

  Jamie Dimon

  Successful, Long, Credit

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  4 Copy quote

• No one can forecast the economy with certainty.

  Jamie Dimon

  Economy, Certainty, Forecasts

  "Improving Housing Market Driving Economy: Jamie Dimon" by Margo D. Beller, www.cnbc.com. March 28, 2012.

  4 Copy quote

• The toughest are people mistakes, when you put the wrong person in a job. Sometimes you're too slow to move them out. Or not getting the right people involved to solve a problem, or doing something out of anger; you learn, just don't do that. But I'd have to say the Whale was one of them, and I would also have to put Bear Stearns and Washington Mutual on the list at this point.

  Jamie Dimon

  Jobs, Mistake, Moving

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  34 Copy quote

• We're going to do the right thing for the company and our customers, all things considered.

  Jamie Dimon

  Leadership, Company, All Things

  27 Copy quote

• Remember that banks aren't markets. The market is amoral. The market doesn't care who you are. You're a trade to the market. The market will sell you if they think you're riskier. Banks didn't do that

  Jamie Dimon

  Thinking, Care, Remember

  "'Banks aren't markets. The market is amoral. The market doesn't care who you are. You're a trade'". Interview with John Micklethwait, www.independent.ie. March 3, 2016.

  30 Copy quote

• Businesses can be opaque. They are complex. You don't know how aircraft engines work either.

  Jamie Dimon

  Risk, Opaque, Management

  "JPMorgan CEO Hits Back at Policymakers in Davos" by Yousef Gamal El-Din, Antonia van de Velde, www.cnbc.com. January 23, 2013.

  26 Copy quote

• You know, the benefit in life is to say, 'Maybe you made a mistake, let’s dig deep.'

  Jamie Dimon

  Mistake, Benefits, Life Is

  "What Jamie Dimon didn't tell you on 'Meet the Press'" by Michael Hiltzik, articles.latimes.com. May 14, 2012.

  20 Copy quote

• You never know exactly how new policies are going to work. That doesn't mean you shouldn't try them.

  Jamie Dimon

  Mean, Trying, Going To Work

  Source: asia.nikkei.com

  20 Copy quote

• All our clients know that we're there, we're steady, we do a good job, we earn a fair return for ourselves, which I think is critical.

  Jamie Dimon

  Jobs, Thinking, Return

  Source: asia.nikkei.com

  6 Copy quote

• We have built a very good company, and we're proud of it. We also recognize that much of it has been built on the shoulders of the thousands of employees and leaders who have worked here before us.

  Jamie Dimon

  Leader, Proud, Good Company

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  22 Copy quote

• I advise other companies' CEOs, don't fall into the trap where you go, 'Where's the growth? Where's the growth?' Where's the growth?' They feel a tremendous pressure to grow. Well, sometimes you can't grow. Sometimes you don't want to grow. In certain businesses, growth means you either take on bad clients, excess risk, or too much leverage.

  Jamie Dimon

  Fall, Mean, Risk

  21 Copy quote

• On Wall Street, there is no "Wall Street"; there are individuals.

  Jamie Dimon

  Wall, Individual, Streets

  Source: asia.nikkei.com

  6 Copy quote

• We're trying to win business by doing a good job for the clients, as opposed to, "We think being big and universal is just a great, wonderful thing." It's not a morality thing. It's a "Does it work for the client?" thing. Everything we do is because a client uses us. Everything we do is because a client chose to use us of his own free volition.

  Jamie Dimon

  Jobs, Winning, Thinking

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  10 Copy quote

• I always tell people, "There's a book on everyone." I get some of that book before I do anything. If I want to deeply understand someone's reputation, I'll talk to their friends, their former bosses, their peers, and I'll learn a lot about them. I want them to be trusted. I want them to be respected. I want them to give a s - -. Then there are the intangibles: physical and emotional stamina, the ability to confront issues. I can ask all I want about those things, but I also have to see a lot of it.

  Jamie Dimon

  Book, Emotional, Issues

  "Jamie Dimon on Finance: 'Who Owns the Future?'". Interview with John Micklethwait, www.bloomberg.com. March 1, 2016.

  23 Copy quote

• Good regulation should be conducive to business and to customer protection.

  Jamie Dimon

  Regulation, Protection, Should

  Source: asia.nikkei.com

  11 Copy quote

• Companies that build scale for the benefit of their customers and shareholders more often succeed over time.

  Jamie Dimon

  Business, Benefits, Succeed

  10 Copy quote

• JP Morgan always has higher capital liquidity, that is partially to make up for mistakes and problems and obviously its a tough economy. We support an oversight committee, we supported some of the compensation, new compensation rules, though we already follow most of them. We support a lot of it.

  Jamie Dimon

  Mistake, Support, Tough

  14 Copy quote

• Acting like everyone who's been successful is bad and because you're rich you're bad, I don't understand it.

  Jamie Dimon

  Successful, Acting, Rich

  "Bankers, Billionaires Try to Form Movement Against OWS" by Asawin Suebsaeng, www.motherjones.com. December 21, 2011.

  6 Copy quote

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