Jamie Dimon Quotes
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Abraham Lincoln never denigrated, never scapegoated, never finger-pointed. And he had reason to.
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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.
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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.
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I am struck that so many of our leaders in the U.S. forget how strong our country can be.
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The best way to look at any business is from the standpoint of the clients.
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Among those people not graduating, there might be a Steve Jobs or Barack Obama. We'll never know.
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All businesses tend to pass costs onto customers.
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I'm very close to thinking the United States shouldn't be in Basel any more. I would not have agreed to rules that are blatantly anti-American. Our regulators should go there and say, 'If it's not in the interests of the United States, we're not doing it.'
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Until Donald Trump got to where he was, they said you'll never see a rich businessman who's never been in politics be president. I clearly was wrong about that.
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America has the best hand ever dealt to any country on this planet, ever. Yes, we have problems, but you travel around the world, you'll see we have it all.
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We don't have a divine right to success. So I agree with a lot of politicians out there when they say, 'We've got serious issues.' We do: immigration, infrastructure. I think income inequality's one of them.
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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.
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Trade is very good for the country. It's very good for the GDP. It's good for wages, but it doesn't mean it's always good for every business. So we should have trade assistance, which is about relocation, re-education, and training.
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Scale can create value for shareholders; for consumers, who are beneficiaries of better products, delivered more quickly and at less cost; for the businesses that are our customers; and for the economy as a whole.
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In the old days, you dealt with one regulator. Now it's five or six. You all should ask the question how American that is.
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That's my contribution - running a sound, healthy company that serves millions of customers well and employs hundreds of thousands of people. What else am I going to do? I'm not an artist. I'm not a writer. I'm not a musician. I'd love to be a tennis player or musician. I'm not.
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I think it's a mistake for the American public to constantly be told that if you work for an oil company or you work for a bank, that automatically makes you bad. I think a lot of these people are very qualified people who are patriots. They're going to want to help the country.
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I love my children. I spend a lot of time with them.
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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.
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People need to understand: Businesses are going to make mistakes. They shouldn't be shot and hung every time.
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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.
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People and companies make mistakes. I guarantee we'll make a mistake next quarter. So what? Businesses make mistakes. Hopefully smaller, and fewer.
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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.
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I would love to be the president of United States, and I think I would be good at it, but it's too late, and it is too hard.