• Login
  • Register
en
afsqam ar hy az eu be bn bs bg ca ceb ny zh-CN zh-TWco hr cs da nl en eo et tl fi fr fy gl ka de el gu ht ha haw iw hi hmn hu is ig id ga it ja jw kn kk km ko ku ky lo la lv lt lb mk mg ms ml mt mi mr mn my ne no ps fa pl pt pa ro ru sm gd sr st sn sd si sk sl so es su sw sv tg ta te th tr uk ur uz vi cy xh yi yo zu
Victor Mochere
No Result
View All Result
  • Business
    Top 20 countries with the highest minimum wages in the world

    Top 20 countries with the highest minimum wages in the world 2023

    Office etiquette rules you should know

    Office etiquette rules you should know

    Tips for effective workplace housekeeping

    Tips for effective workplace housekeeping

    How to promote your business

    How to promote your business

    Top 10 largest tech acquisitions in history

    Top 10 largest tech acquisitions in history 2023

    Importance of business intelligence for CFOs

    Importance of business intelligence for CFOs

    How businesses can be more socially responsible

    How businesses can be more socially responsible

    Leadership styles to skyrocket business growth

    Leadership styles to skyrocket business growth

    Advantages and disadvantages of leadership

    Advantages and disadvantages of leadership

    How to be a good leader

    How to be a good leader

    How to improve productivity in the workplace

    How to improve productivity in the workplace

    How to start an online dating business

    How to start an online dating business

    Benefits of low volume manufacturing

    Benefits of low volume manufacturing

    Business management tactics for an eager entrepreneur

    Business management tactics for an eager entrepreneur

    How to use website chats for lead generation

    How to use website chats for lead generation

    How to write a business plan

    How to write a business plan

    Top 10 most valuable bootstrapped companies in the world

    Top 10 most valuable bootstrapped companies in the world 2023

    How to drive profitable business growth

    How to drive profitable business growth

    Best employee recognition quotes

    Best employee recognition quotes

    Importance of employee recognition

    Importance of employee recognition

  • Finance
    How to simplify your finances using technology

    How to simplify your finances using technology

    Top 10 best personal finance apps

    Top 10 best personal finance apps 2023

    Guide to altcoins for beginners

    Guide to altcoins for beginners

    Things to consider when choosing a forex broker

    Things to consider when choosing a forex broker

    Top 20 cities with the most millionaires in the world

    Top 20 cities with the most millionaires in the world 2023

    Top 10 richest YouTubers in the world

    Top 10 richest YouTubers in the world 2023

    MrBeast Net Worth

    MrBeast Net Worth 2023

    Top 10 fastest growing economies in Africa

    Top 10 fastest growing economies in Africa 2023

    Top 10 richest real estate billionaires in the world

    Top 10 richest real estate billionaires in the world 2023

    Top 10 richest media billionaires in the world

    Top 10 richest media billionaires in the world 2023

    Sundar Pichai Net Worth

    Sundar Pichai Net Worth 2023

    Top 10 richest retail billionaires in the world

    Top 10 richest retail billionaires in the world 2023

    Rishi Sunak Net Worth

    Rishi Sunak Net Worth 2023

    Gautam Adani Net Worth

    Gautam Adani Net Worth 2023

    Queen Margrethe II Net Worth

    Queen Margrethe II Net Worth 2023

    Mohammed bin Salman Net Worth

    Mohammed bin Salman Net Worth 2023

    Recep Tayyip Erdoğan Net Worth

    Recep Tayyip Erdoğan Net Worth 2023

    Daniel Ek Net Worth

    Daniel Ek Net Worth 2023

    Johnson Sakaja Net Worth

    Johnson Sakaja Net Worth 2023

    How to grow your assets and build up your net worth

    How to grow your assets and build up your net worth

  • Education
    Top 10 best success books

    Top 10 best success books 2023

    Types of insurance to consider for college students

    Types of insurance to consider for college students

    Best self-guided tech courses

    Best self-guided tech courses 2023

    How to check for plagiarism

    How to check for plagiarism

    Benefits of poetry

    Benefits of poetry

    How to introduce education to your child with ADHD

    How to introduce education to your child with ADHD

    Reasons to practice creative writing

    Reasons to practice creative writing

    How to write a good essay for TOEFL

    How to write a good essay for TOEFL

    How learning leads to healthy living

    How learning leads to healthy living

    Top 10 best data science books

    Top 10 best data science books 2023

    Best quotes from PLO Lumumba

    Best quotes from PLO Lumumba

    Best quotes from Amin Maalouf

    Best quotes from Amin Maalouf

    How to write a good thesis

    How to write a good thesis

    P's to consider when choosing a career

    P’s to consider when choosing a career

    Best quotes from Michael Faraday

    Best quotes from Michael Faraday

    Top 20 greatest minds in history

    Top 20 greatest minds in history

    Best quotes from Voltaire

    Best quotes from Voltaire

    Best quotes from Chinua Achebe

    Best quotes from Chinua Achebe

    How language skills increase your net worth

    How language skills increase your net worth

    How to get free textbooks

    How to get free textbooks

  • Travel
    How to apply for a personalized number plate in Kenya

    How to apply for a personalized number plate in Kenya

    How a jet engine works

    How a jet engine works

    Top 10 weakest passports in Africa

    Top 10 weakest passports in Africa 2023

    Top 20 weakest passports in the world

    Top 20 weakest passports in the world 2023

    Tips for defensive driving

    Tips for defensive driving

    How to drive safely in the rain

    How to drive safely in the rain

    How to drive safely during a winter storm

    How to drive safely during a winter storm

    Driving tips for seniors

    Driving tips for seniors

    How to stop diesel engine runaway

    How to stop diesel engine runaway

    Benefits of vehicle tracking systems

    Benefits of vehicle tracking systems

    Things to consider when buying a vehicle tracking system

    Things to consider when buying a vehicle tracking system

    How a car engine works

    How a car engine works

    How to handle a car engine overheating

    How to handle a car engine overheating

    Top 20 largest urban parks in the world

    Top 20 largest urban parks in the world 2023

    Driving habits that damage your car

    Driving habits that damage your car

    Things to consider when choosing a fuel efficient car

    Things to consider when choosing a fuel efficient car

    Top 20 most expensive cars ever sold

    Top 20 most expensive cars ever sold 2023

    Things you need to know before importing a car into Kenya

    Things you need to know before importing a car into Kenya

    How to import a used car into Kenya

    How to import a used car into Kenya

    Common acronyms in cars

    Common acronyms in cars

  • Technology
    How to check supported sleep states on Windows

    How to check supported sleep states on Windows

    How to make your Windows PC boot quicker

    How to make your Windows PC boot quicker

    Guide to Python OCR for beginners

    Guide to Python OCR for beginners

    Different types of internet connections

    Different types of internet connections

    History and evolution of DAOs

    History and evolution of DAOs

    How to secure your online accounts

    How to secure your online accounts

    Future of content writing with AI technology

    Future of content writing with AI technology

    Top 5 best workforce management software

    Top 5 best workforce management software 2023

    Guide to CDN for beginners

    Guide to CDN for beginners

    How NFTs have changed the gaming industry

    How NFTs have changed the gaming industry

    Computer tricks you need to know

    Computer tricks you need to know

    Things you can do with ChatGPT

    Things you can do with ChatGPT

    How to get the best results from ChatGPT

    How to get the best results from ChatGPT

    How to integrate ChatGPT with WhatsApp

    How to integrate ChatGPT with WhatsApp

    Things to consider when choosing a video editing company

    Things to consider when choosing a video editing company

    Top 10 most popular DIY electronics projects

    Top 10 most popular DIY electronics projects 2023

    How to keep your smartphone safe

    How to keep your smartphone safe

    How to increase your WordPress website speed

    How to increase your WordPress website speed

    Benefits and drawbacks of decentralized blockchains

    Benefits and drawbacks of decentralized blockchains

    How to stay safe online

    How to stay safe online

  • Living
    How to become more resilient

    How to become more resilient

    Best accountability quotes

    Best accountability quotes

    Best responsibility quotes

    Best responsibility quotes

    Best redemption quotes

    Best redemption quotes

    Best resilience quotes

    Best resilience quotes

    Top 10 most intelligent animals in the world

    Top 10 most intelligent animals in the world

    Understanding your credit score

    Understanding your credit score

    Benefits of installing an in-roof solar panel system

    Benefits of installing an in-roof solar panel system

    My reflections on turning 30

    My reflections on turning 30

    How to maximize earnings from your side hustle

    How to maximize earnings from your side hustle

    How to stretch your money during inflation

    How to stretch your money during inflation

    Top 20 largest fleets of combat tanks in the world

    Top 20 largest fleets of combat tanks in the world 2023

    How to fix a bad posture

    How to fix a bad posture

    How to prevent eye strain when using a computer

    How to prevent eye strain when using a computer

    Things to consider when choosing a home hospice provider

    Things to consider when choosing a home hospice provider

    How incarceration impacts mental health

    How incarceration impacts mental health

    How to bounce back after a downtime

    How to bounce back after a downtime

    How to get the most out of your downtime after work

    How to get the most out of your downtime after work

    Benefits of CBD for the skin

    Benefits of CBD for the skin

    Things to know before going for hiking and camping

    Things to know before going for hiking and camping

  • Entertainment
    Top 20 most complex movies of all time

    Top 20 most complex movies of all time 2023

    Best quotes from Whitney Houston

    Best quotes from Whitney Houston

    Top 10 most rewatchable movies

    Top 10 most rewatchable movies 2023

    Best quotes from Denzel Washington

    Best quotes from Denzel Washington

    Snack ideas for an online gaming night

    Snack ideas for an online gaming night

    Best quotes from Frank Sinatra

    Best quotes from Frank Sinatra

    Roku vs Amazon Fire Stick: Which is better?

    Roku vs Amazon Fire Stick: Which is better?

    Top 20 highest paid entertainers in the world

    Top 20 highest paid entertainers in the world 2023

    Best quotes from Shonda Rhimes

    Best quotes from Shonda Rhimes

    Best poker tips for beginners

    Best poker tips for beginners

    Top 10 best budget wireless headphones

    Top 10 best budget wireless headphones 2023

    Best quotes from Betty White

    Best quotes from Betty White

    Free internet TV channels you can watch online

    Free internet TV channels you can watch online

    Top 10 most Grammy Awards nominees of all time

    Top 10 most Grammy Awards nominees of all time 2023

    Top 10 most Grammy Awards winners of all time

    Top 10 most Grammy Awards winners of all time 2023

    Benefits of using an online video editor for your vlog

    Benefits of using an online video editor for your vlog

    Best quotes from Adele

    Best quotes from Adele

    Best apps and games on App Store

    Best apps and games on App Store 2023

    Best apps and games on Google Play Store

    Best apps and games on Google Play Store 2023

    Top 20 best-selling singles of all time

    Top 20 best-selling singles of all time 2023

  • Governance
    Members of Parliament in Kenya

    Members of Parliament in Kenya 2023

    Principal Secretaries in Kenya

    Principal Secretaries in Kenya 2023

    Cabinet Secretaries in Kenya

    Cabinet Secretaries in Kenya 2023

    Top 10 ruthless African warlords

    Top 10 ruthless African warlords

    Best quotes from Kwame Nkrumah

    Best quotes from Kwame Nkrumah

    What you need to know about IEBC forms

    What you need to know about IEBC forms

    Top 20 largest empires in history

    Top 20 largest empires in history

    Diplomatic number plates in Kenya

    Diplomatic number plates in Kenya

    Best quotes from Marcus Aurelius

    Best quotes from Marcus Aurelius

    Best quotes from Vladimir Lenin

    Best quotes from Vladimir Lenin

    Best quotes from John Magufuli

    Best quotes from John Magufuli

    Best quotes from Volodymyr Zelenskyy

    Best quotes from Volodymyr Zelenskyy

    Best quotes from Vladimir Putin

    Best quotes from Vladimir Putin

    Best quotes from Angela Merkel

    Best quotes from Angela Merkel

    Top 20 countries with the most debt in the world

    Top 20 countries with the most debt in the world 2023

    Top 10 least indebted countries in Africa

    Top 10 least indebted countries in Africa 2023

    Top 10 most indebted countries in Africa

    Top 10 most indebted countries in Africa 2023

    Top 20 least indebted countries in the world

    Top 20 least indebted countries in the world 2023

    Top 20 most indebted countries in the world

    Top 20 most indebted countries in the world 2023

    Monarchs of Britain

    Monarchs of Britain

  • Sports
    Best quotes from Pelé

    Best quotes from Pelé

    How to bet on the NFL

    How to bet on the NFL

    How to bet on the Breeders' Cup

    How to bet on the Breeders’ Cup

    Types of swimming styles and strokes

    Types of swimming styles and strokes

    Benefits of swimming

    Benefits of swimming

    Safety rules every swimmer should follow

    Safety rules every swimmer should follow

    Must-have equipment for softball coaches

    Must-have equipment for softball coaches

    How to take advantage of changing odds

    How to take advantage of changing odds

    Guide to baseball betting

    Guide to baseball betting

    Top 10 most watched sporting events of all time

    Top 10 most watched sporting events of all time 2023

    Top 10 highest paid NFL players

    Top 10 highest paid NFL players 2023

    Top 10 richest sports leagues in the world

    Top 10 richest sports leagues in the world 2023

    Top 10 most popular sports in the world

    Top 10 most popular sports in the world 2023

    Top 10 highest paid NHL players in the world

    Top 10 highest paid NHL players in the world 2023

    Top 10 football players with the most free kick goals

    Top 10 football players with the most free kick goals 2023

    Slam Dunk: How to become an NBA betting pro

    Slam Dunk: How to become an NBA betting pro

    History of badminton in the Olympic Games

    History of badminton in the Olympic Games

    Top 10 most lucrative football shirt sponsorships

    Top 10 most lucrative football shirt sponsorships 2023

    Top 10 countries with the least Olympic medals in Africa

    Top 10 countries with the least Olympic medals in Africa 2023

    Top 20 countries with the least Olympic medals in the world

    Top 20 countries with the least Olympic medals in the world 2023

en
afsqam ar hy az eu be bn bs bg ca ceb ny zh-CN zh-TWco hr cs da nl en eo et tl fi fr fy gl ka de el gu ht ha haw iw hi hmn hu is ig id ga it ja jw kn kk km ko ku ky lo la lv lt lb mk mg ms ml mt mi mr mn my ne no ps fa pl pt pa ro ru sm gd sr st sn sd si sk sl so es su sw sv tg ta te th tr uk ur uz vi cy xh yi yo zu
Victor Mochere
No Result
View All Result
en
afsqam ar hy az eu be bn bs bg ca ceb ny zh-CN zh-TWco hr cs da nl en eo et tl fi fr fy gl ka de el gu ht ha haw iw hi hmn hu is ig id ga it ja jw kn kk km ko ku ky lo la lv lt lb mk mg ms ml mt mi mr mn my ne no ps fa pl pt pa ro ru sm gd sr st sn sd si sk sl so es su sw sv tg ta te th tr uk ur uz vi cy xh yi yo zu
Victor Mochere
No Result
View All Result
Home Business

Best quotes from Jamie Dimon

Victor Mochere by Victor Mochere
July 20, 2021
in Business
Reading Time: 12 mins read
A A
0
Best quotes from Jamie Dimon

James “Jamie” Dimon is an American billionaire businessman. He is the chairman and chief executive officer (CEO) of JPMorgan Chase, the largest of the big four American banks, since 2005 and was previously on the board of directors of the Federal Reserve Bank of New York. Dimon is one of the few bank chief executives to become a billionaire.

Some of the best quotes from Jamie Dimon are listed below.

  1. “A democracy is a compromise by its nature. It’s not a dictatorship.” – Jamie Dimon
  2. “Acting like everyone who’s been successful is bad and because you’re rich you’re bad, I don’t understand it.” – Jamie Dimon
  3. “All businesses tend to pass costs onto customers.” – Jamie Dimon
  4. “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
  5. “As countries get wealthier – all of them, together – you’re going to have financial assets. That is a good thing. You could argue the assets were traded too much, or that they’re too highly valued, or too leveraged.” – Jamie Dimon
  6. “At Travelers, we were much more opportunistic. It was very successful, but it wasn’t an integrated financial services company. We had a property casualty company, a life company, a brokerage company. We were a financial conglomerate. It wasn’t a unified, coordinated strategy of any sort. When it merged with Citi, that became a big issue; Citi, at that time, wasn’t yet a fully integrated, coordinated company.” – Jamie Dimon
  7. “Banks also have to say no to customers. We can’t always give clients what they want; it may not be in the client’s best interest.” – Jamie Dimon
  8. “Businesses can be opaque. They are complex. You don’t know how aircraft engines work either.” – Jamie Dimon
  9. “But in general, as countries get wealthier, there’s going to be more savings, which means you’re going to have intermediation. So part of it is just the huge growth in wealth, and part of it was globalization – these companies, these clients getting much bigger and much more global.” – Jamie Dimon
  10. “Capping the size of American banks won’t eliminate the needs of big businesses; it will force them to turn to foreign banks that won’t face the same restrictions.” – Jamie Dimon
  11. “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
  12. “Don’t do anything stupid. And don’t waste money. Let everybody else waste money and do stupid things; then we’ll buy them.” – Jamie Dimon
  13. “Economies of scale are a good thing. If we didn’t have them, we’d still be living in tents and eating buffalo.” – Jamie Dimon
  14. “Finance went from being a small business, effectively, to being a big business. In part, that’s the growth of the world’s wealth. That’s called savings.” – Jamie Dimon
  15. “From my point of view, the American financial system – including banks and investment banks – is far safer because of capital and liquidity requirements. Despite all the turbulence so far this year, I don’t think anyone’s questioning our system. And that, obviously, is a good thing.” – Jamie Dimon
  16. “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
  17. “I am not embarrassed to be a banker. I am not embarrassed to be in business.” – Jamie Dimon
  18. “I don’t think you could have a banker serving in a major role in Washington in the next 10 years. I just don’t think it’s going to happen – it’s just not politically feasible – so I don’t spend much time thinking about it. Do I think I could do a good job? Maybe. It’s possible.” – Jamie Dimon
  19. “I don’t think you’re going to have one bank. Big companies aren’t going to give us all their business. So they can pick and choose – by product, by country, whatever. We have major competition across every product in every place we operate.” – Jamie Dimon
  20. “I don’t like the term “universal bank.” The Chinese government legitimately wants to have a very strong economy. When they talk about SOE reform, they know that’s part of it.” – Jamie Dimon
  21. “I don’t think you’re going to have one bank. Big companies aren’t going to give us all their business. So they can pick and choose – by product, by country, whatever. We have major competition across every product in every place we operate.” – Jamie Dimon
  22. “I hate the word universal, because I don’t know exactly what it means. The question is, does it work for the client? Travelers was a diversified, financial conglomerate that did very well. The businesses had nothing to do with each other.” – Jamie Dimon
  23. “I have gotten disturbed at … some of the Democrats’ anti-business behavior, the sentiment, the attacks on work ethic and successful people. I think it’s very counter-productive.” – Jamie Dimon
  24. “I haven’t studied it deeply, but the American banks started the crisis with far more capital and what I would call “good liquidity.” The riskiest funding is unsecured wholesale funding. It’s the most fickle. Not repo, which the government focused on, too. Unsecured. JPMorgan Chase had almost none of that – virtually zero.” – Jamie Dimon
  25. “I hope the story of 2011 is that America gets its mojo back. You’ve got to remember that America has the best universities; it’s got some of the best businesses. It’s got an unbelievable work ethic, rule of law. The story of 2011 will be America blossoming again.” – Jamie Dimon
  26. “I think one could argue that there’s more political input into the regulatory side, and on the regulatory side there seem to be fewer people with financial and banking experience – there are more lawyers, academics, economists, maybe politicians now.” – Jamie Dimon
  27. “I think the free-enterprise system has been great for society. That doesn’t mean it’s completely perfect. And also, when people say capitalism, I’m not really sure what they mean.” – Jamie Dimon
  28. “I think what you’ve seen them do recently in the markets is what most of us learn doesn’t ultimately work. But I think everyone has to figure that on their own.” – Jamie Dimon
  29. “I’m not going to name anybody, but I think there are about five to 10 global institutions that will emerge as our primary competitors across the board. They’re adjusting to this new world, like we are.” – Jamie Dimon
  30. “I’ve asked our people, “Why don’t we just put a revolver on top of our basic loan?” Make it easier for the client.” – Jamie Dimon
  31. “I’ve been regulated my whole life. We have progressive taxes. It’s not a free-market free-for-all. I completely understand that society has a perfectly legitimate right to put in structures and regulations and rules that make it fairer, better, cleaner.” – Jamie Dimon
  32. “If business doesn’t thrive, it hurts America. We need improved relations, more collaboration, more thought and more consistency as we go about trying to make sure we have the best country in the world. Not scapegoating and finger-pointing.” – Jamie Dimon
  33. “If I ran the whole place like it was my way or the highway, we would not be as good a company. I’m going to have mistakes – they’ll be made on my watch and will embarrass me. But I’ll also make sure the company learns from them so it can become a better company.” – Jamie Dimon
  34. “If the numbers are right, ICBC [Industrial & Commercial Bank of China], which already earns nearly twice as much as JPMorgan. They’ll probably be going a lot faster over time, and one day they can be a lot bigger than us.” – Jamie Dimon
  35. “If you have the choice, it’s far better to say, “That person has the job, and they really don’t need that much of my oversight.” Maybe they don’t need any of it.” – Jamie Dimon
  36. “If you look at the banking business over many years, it’s always been a huge user of technology. This has been going on my whole life, that people have been adding technology, digitizing services.” – Jamie Dimon
  37. “If you were a corporation needing financial services, and I can give you something better, faster, and cheaper across 12 products as opposed to eight, that’s business. I’m doing it because I’m serving you; I’m not doing it because I want to be universal.” – Jamie Dimon
  38. “If you’re making all your money simply betting on interest rates, that’s not a business. Flow is a business. On the outside, they look the same for a while. But when you dig into them, no, they weren’t exactly the same.” – Jamie Dimon
  39. “It is vital for officials and regulators to have input from people within our businesses who understand the intricacies of how financial markets operate and the consequences of certain policy decisions.” – Jamie Dimon
  40. “It’s good for America when the rest of the world grows, because you can sell more to the rest of the world.” – Jamie Dimon
  41. “It’s great that people get together and collaborate, talk about the facts and the analysis, all in the interest of having a great financial system.” – Jamie Dimon
  42. “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
  43. “Just because we’re stupid doesn’t mean everybody else was.” – Jamie Dimon
  44. “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
  45. “Look, every institution will make mistakes. I acknowledge we make mistakes, and they can hurt my reputation and our company’s. But you also must be willing to let go a little bit, trust others, and not always be so stringent, provided you have robust controls.” – Jamie Dimon
  46. “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
  47. “My operating assumption is we will always have very tough competition. And even with some European banks struggling right now, some of them can reemerge – and maybe even stronger.” – Jamie Dimon
  48. “No one can forecast the economy with certainty.” – Jamie Dimon
  49. “No one has the right to not assume that the business cycle will turn! Every five years or so, you have got to assume that something bad will happen.” – Jamie Dimon
  50. “One of the issues with some of these lenders is going to be, where will their provider of credit be when there’s a crisis? That’s why some of these smarter services, to support their operations, are courting more permanent capital. They want a source of longer-term funding that can survive a crisis.” – Jamie Dimon
  51. “Our global corporate investment bank competes with Goldman Sachs, Citibank, and a bunch of other banks that are in those businesses. We may have slightly different products or services, but so what? That’s always been true in American business.” – Jamie Dimon
  52. “Our investment bank looks like it does because its customers like our expansive network and want to do equity, debt, M&A, custody, move money, deposit money, et cetera.” – Jamie Dimon
  53. “Our plate is full. We have a lot to do building our company organically and that is our key focus.” – Jamie Dimon
  54. “People need to understand: Businesses are going to make mistakes. They shouldn’t be shot and hung every time. We should apologize for it. We should make up for it. My shareholders paid for it. No customer was hurt, which is critical to me. But I hurt my shareholders, and I wish I hadn’t.” – Jamie Dimon
  55. “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
  56. “The best way to look at any business is from the standpoint of the clients. So there are these certain basic things that aren’t going to change. Companies are going to have needs for equity, debt, advice, FX, and derivatives. Individuals are going to have needs for auto loans, mortgages, something that looks like a deposit account, and the ability to send money to people. Those things aren’t going to change.” – Jamie Dimon
  57. “The government has the right to change laws and rules and regulations.” – Jamie Dimon
  58. “The government isn’t going to say, “We’re going to regulate banks, but we’ll leave these other companies alone.” I think the regulators want to make sure that they have some form of regulation on anything systemic. We like our hand. But, you know, honestly, who owns the future?” – Jamie Dimon
  59. “The real story in housing will be a recovery in the economy that will drive a recovery in housing, When people are working, when there are more jobs, more households forming and people go back to buying cars, they’re going to want their apartments and homes. And that’s when you’ll start to see a recovery in home prices.” – Jamie Dimon
  60. “The term ‘too big to fail’ must be excised from our vocabulary.” – Jamie Dimon
  61. “The transaction reflects our disciplined strategy of investing capital in core businesses where we can leverage scale and expertise for competitive advantage. In addition to being a great strategic fit, the deal is compelling financially.” – Jamie Dimon
  62. “The United States has the best, deepest, widest, and most transparent capital markets in the world which give you, the investor, the ability to buy and sell large amounts at very cheap prices. That is a good thing.” – Jamie Dimon
  63. “They [Chinese] have very smart, experienced people. I don’t want to paint them all with the same brush. There was a little bit of a feeling that the stock market, which went from something like $4 trillion in valuation to $10 trillion, that the Chinese wanted that.” – Jamie Dimon
  64. “They’ll [China] probably be a fully developed nation. The road there just is not going to be that easy. You’re going from a macromanaged, top-down economy to a market-managed, micromanaged type of economy, with all the potential corruption issues, SOE [state-owned enterprise] reform, and market reform that come with it.” – Jamie Dimon
  65. “Unraveling the euro is a terrible thing. This is a 50-year endeavor to get this continent together and that’s a wonderful endeavor.” – Jamie Dimon
  66. “We don’t think there are cases where people were evicted out of homes when they shouldn’t have been.” – Jamie Dimon
  67. “We got a lot of excellent people and businesses from Bear and WaMu. But Bear definitely was more painful. WaMu got us into Florida, California, and other states, which was a huge benefit – to expand and grow and add middle-market, private banking, investment banking, and other products, too.” – Jamie Dimon
  68. “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
  69. “We use technology to make it cheaper, better, and faster for the client. And then if you have the most flow, you can win. Now, having said that, Silicon Valley wants to take on this business. They think they see an opening.” – Jamie Dimon
  70. “We’re going to do the right thing for the company and our customers, all things considered.” – Jamie Dimon
  71. “Well, if you were the American public, you saw a catastrophe. In general, you would say, “The biggest institutions of America – Washington, broadly, and Wall Street, broadly – they’re to blame.” And, broadly, they’re right.” – Jamie Dimon
  72. “When the government gets involved in pricing, I don’t think it’s the right way to look at a business.” – Jamie Dimon
  73. “When you walk into a store and you want to buy something, you give them cash and they sell it to you. But very often, you walk into our “store” and you want something – a credit card, maybe, or a loan – and very often the answer is “No,” even if you’re a large corporation.” – Jamie Dimon
  74. “While legislation obviously is political, we now have allowed regulation to become politicized, which we believe will likely lead to some bad outcomes.” – Jamie Dimon
  75. “You can design a mortgage system that is different without a Fannie and Freddie, but there are principles you have to have, to have a good system.” – Jamie Dimon
  76. “You cannot prove this in real time, but when economists 20 years from now write a book on the recovery, it may well be entitled, it could have been much better.” – Jamie Dimon
  77. “You don’t run a business hoping you don’t have a recession.” – Jamie Dimon
  78. “You know, the benefit in life is to say, ‘Maybe you made a mistake, let’s dig deep.’” – Jamie Dimon
  79. “You read constantly that banks are lobbying regulators and elected officials as if this is inappropriate. We don’t look at it that way.” – Jamie Dimon
  80. “You’ve seen certain credit type products that are going to be in nonbanks, like sophisticated CLO [collateralized loan obligation] tranches and stuff where the capital charge is so high that a bank simply will not own it. Someone will buy it, hedge it, trade it. But it won’t typically be a bank.” – Jamie Dimon
Tags: Quotes
Previous Post

How to make a good first impression

Next Post

Tim Cook Net Worth 2023

Victor Mochere

Victor Mochere

Victor Mochere is a blogger, social media influencer, and netpreneur creating and marketing digital content.

Related Posts

Top 20 countries with the highest minimum wages in the world

Top 20 countries with the highest minimum wages in the world 2023

March 21, 2023
Office etiquette rules you should know

Office etiquette rules you should know

March 21, 2023
Tips for effective workplace housekeeping

Tips for effective workplace housekeeping

February 28, 2023
How to promote your business

How to promote your business

February 24, 2023
Top 10 largest tech acquisitions in history

Top 10 largest tech acquisitions in history 2023

February 21, 2023
Importance of business intelligence for CFOs

Importance of business intelligence for CFOs

February 6, 2023
Load More
Next Post
Tim Cook Net Worth

Tim Cook Net Worth 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Privacy Policy.

Trending posts

  • Top 20 richest singers in the world

    Top 20 richest singers in the world 2023

    0 shares
    Share 0 Tweet 0
  • Top 10 best gay dating apps 2023

    4 shares
    Share 0 Tweet 0
  • How to activate Microsoft Office on Mac for free

    1 shares
    Share 0 Tweet 0
  • African countries and their current presidents 2023

    1 shares
    Share 0 Tweet 0
  • Top 20 countries with the most debt in the world 2023

    1 shares
    Share 0 Tweet 0

Download our app

Google-play Shopping-bag Amazon
Victor Mochere

Victor Mochere is one of the biggest informational blogs on the web. We publish well curated up-to-date facts and important updates from around the world.

Follow us

Facebook-f Twitter Instagram Pinterest Linkedin Youtube Tiktok Snapchat-ghost Telegram Rss

Recent posts

  • How to become more resilient
  • Best accountability quotes
  • Best responsibility quotes
  • Best redemption quotes
  • Best resilience quotes

Sections

  • Business
  • Education
  • Entertainment
  • Finance
  • Flacked
  • Governance
  • Living
  • Sports
  • Technology
  • Travel

Download our app

Google-play Shopping-bag Amazon

Find us on

Newspaper Flipboard
  • Advertise
  • Disclaimer
  • Cookies
  • Privacy Policy
  • Copyright
  • DMCA
  • Write For Us
  • Send us a topic
  • Contact

© 2023 Victor Mochere. All rights reserved.

en
afsqam ar hy az eu be bn bs bg ca ceb ny zh-CN zh-TWco hr cs da nl en eo et tl fi fr fy gl ka de el gu ht ha haw iw hi hmn hu is ig id ga it ja jw kn kk km ko ku ky lo la lv lt lb mk mg ms ml mt mi mr mn my ne no ps fa pl pt pa ro ru sm gd sr st sn sd si sk sl so es su sw sv tg ta te th tr uk ur uz vi cy xh yi yo zu
  • Login
  • Sign Up
No Result
View All Result
  • Sections
    • Business
    • Finance
    • Education
    • Travel
    • Technology
    • Living
    • Entertainment
    • Governance
    • Sports
  • About
  • Editor-in-Chief
  • Donate
  • Sitemap
  • Crossword
  • Social Media Policy
  • Corrections Policy
  • Comment Policy

© 2023 Victor Mochere. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

*By registering onto our website, you agree to the Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Cookie Policy.