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Business has to have a seat at the table. Infrastructure isn't going to be built properly if business doesn't have a seat at the table. A school is not going to happen if businesses don't work with schools about what kind of jobs they really need.
Jamie Dimon -
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
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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 -
I am not responsible for the financial crisis, I hate to tell you.
Jamie Dimon -
I'm a little bit of an eternal optimist. People always say to me, 'If you go do this and it fails, what are you going to do?' I don't care. I'm going to give it my best shot. That's what I'm going to do. If it doesn't work, it doesn't work. And I'll try again.
Jamie Dimon -
It's really important that policy be properly designed. It's not enough just to.. .get angry over a subject.
Jamie Dimon -
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 -
I get to deal with presidents and prime ministers and - and employees from tellers on up. And I love it.
Jamie Dimon
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If the economy grows, housing gets better, quicker.
Jamie Dimon -
You can compromise without violating your principles, but it is nearly impossible to compromise when you turn principles into ideology.
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 -
You know, the benefit in life is to say, 'Maybe you made a mistake, let's dig deep.'
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 -
There are downsides to a lot of things. There are downsides to flying - people die every now and then. Do you want to stop all air flights? There are downsides to pharma; sometimes they're misused. Do you want to stop using pills?
Jamie Dimon
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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 -
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 -
First of all, I yell very little, just so you know. Maybe years ago I did more, but I yell very little.
Jamie Dimon -
We are totally open kimono with regulators.
Jamie Dimon -
I don't buy this thing that our industry is responsible for all the ills of the world. We have great people at JPMorgan Chase. We operate with a lot of rigor. Our clients are happy with us.
Jamie Dimon -
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.
Jamie Dimon
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In America, we have a two-party system, and the American Constitution is a piece of brilliance, but they did not know when they set it up we would just have a two-party system. It just so happens that our electorate pushed towards the two-party system because it's a very good way to govern.
Jamie Dimon -
The government has the right to change laws and rules and regulations.
Jamie Dimon -
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 -
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