Jamie Dimon Quotes
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About Jamie Dimon
Jamie Dimon (born March 13, 1956) is an American business executive.
Famous Jamie Dimon quotes
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The best way to look at any business is from the standpoint of the clients. Jamie Dimon
Most decisions are not binary, and there are usually better answers waiting to be found if you do the analysis and involve the right people. Jamie Dimon
JP Morgan always has higher capital liquidity, that is partially to make up for mistakes and problems and obviously it’s 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
You can compromise without violating your principles, but it is nearly impossible to compromise when you turn principles into ideology. Jamie Dimon
When my grandfather was born, there was no healthcare. There were no airplanes. There were no boats. There were no trains. There were no communications. No Internet. No widespread knowledge. It will be a completely different world but a much better place in a hundred years. Jamie Dimon
You know, the benefit in life is to say, ‘Maybe you made a mistake, let’s dig deep.’ Jamie Dimon
Virtual currency, where it’s called a bitcoin vs. a U.S. dollar, that’s going to be stopped. No government will ever support a virtual currency that goes around borders and doesn’t have the same controls. It’s not going to happen. Jamie Dimon
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
I am not responsible for the financial crisis, I hate to tell you. Jamie Dimon
Everything needs to work at the same time. But what keeps society vibrant permanently is jobs, industry, business, and stuff like that. It pays for everything else. If you just build affordable housing, and those people don’t have jobs, it’ll no longer be affordable soon. So you really have to build around the business community. Jamie Dimon
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
No one can forecast the economy with certainty. Jamie Dimon
We support too big to fail. We want the government to be able to take down a big bank like JP Morgan and it could be done. We think Dodd-Frank, which we supported parts of, gave the FDIC the authority to take down a big bank. Jamie Dimon
Some things never change – there will be another crisis, and its impact will be felt by the financial markets. Jamie Dimon
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
America is best when we come together with clear leadership, expertise, and the political will to take on difficult challenges and get things done. No one should ever doubt the strength and resilience of our country and our democracy. Jamie Dimon
If the government wants to do social policy, it should not be done in a quasi-public company. If you have a mortgage guarantee company which is done by the U.S. government, it should be guaranteed by the originators, i.e., the shareholder. Jamie Dimon
The term ‘too big to fail’ must be excised from our vocabulary. Jamie Dimon
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
If you’re blindly loyal to me, then you’re just acting like a crony of mine. If you say you admire me because of the principles for which I stand, I understand that, but then you also have the right to call me to the carpet when you think I’m falling short. Jamie Dimon
I think that technology is the best thing that ever happened to mankind. It’s an absurd notion that somehow, ‘My God, what are we going to do when driverless cars come along?’ It’s going to save lives on the road. And maybe, one day, we’ll all be working four days a week and not five or six days a week. Jamie Dimon
I am not embarrassed to be a banker. I am not embarrassed to be in business. Jamie Dimon
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
Walk into a Chase branch and we can give you so much quicker, better and faster. Like Wal-Mart. Jamie Dimon
I’ve seen people, when they get into these bigger and bigger jobs, it goes to their heads. I’ve seen it. Some people in life change who they are, and some don’t. I’m basically the same guy I’ve always been. Jamie Dimon
People and companies make mistakes. I guarantee we’ll make a mistake next quarter. So what? Businesses make mistakes. Hopefully smaller, and fewer. Jamie Dimon
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