Best Quotes by 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

The term ‘too big to fail’ must be excised from our vocabulary.

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

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

I am not embarrassed to be a banker. I am not embarrassed to be in business.

Jamie Dimon

The best way to look at any business is from the standpoint of the clients.

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

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.

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

Walk into a Chase branch and we can give you so much quicker, better and faster. Like Wal-Mart.

Jamie Dimon

I am not responsible for the financial crisis, I hate to tell you.

Jamie Dimon

Donald Trump has put some professional people around himself. Experienced. Successful. I know a lot of people seem to think that success and experience are reasons you shouldn’t serve in public office. But they are knowledgeable and smart, and they’ve been around the world.

Jamie Dimon

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.

Jamie Dimon

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

My retirement date, every time you ask me that, I’m going to say five years. I don’t want to retire.

Jamie Dimon

The government has the right to change laws and rules and regulations.

Jamie Dimon

I love my children. I spend a lot of time with them.

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

I am a patriot: I want to help my country and help it grow.

Jamie Dimon

You can compromise without violating your principles, but it is nearly impossible to compromise when you turn principles into ideology.

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

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

Abraham Lincoln never denigrated, never scapegoated, never finger-pointed. And he had reason to.

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

It is true that too many people are not getting a fair opportunity to get ahead. We must find ways to help them move up the economic ladder, and everyone – business, government, and nonprofits – needs to play a role.

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

There are legitimate concerns long term, in my view, about nuclear war and policy and stuff like that. But the world has become a better place every 20 years for the last 2,000 years.

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

In America, you keep on hearing productivity is low; secular stagnation, it’s a new normal. It’s just not true: We’ve had multiple wars; we’re not educating our kids. We had government shut downs, badly-spent money, failures in the health system, failures and an extreme amount of regulation – that’s why we’re going slow.

Jamie Dimon

If the economy grows, housing gets better, quicker.

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

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

Jamie Dimon

We are totally open kimono with regulators.

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

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

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 am struck that so many of our leaders in the U.S. forget how strong our country can be.

Jamie Dimon

No one can forecast the economy with certainty.

Jamie Dimon

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

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

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

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

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

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.

Jamie Dimon

When the government gets involved in pricing, I don’t think it’s the right way to look at a business.

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

All businesses tend to pass costs onto customers.

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 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

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

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

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