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

Jamie Dimon

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Jamie Dimon
Age: 68
Born: 1956
Born: March 13
Banker
Business Person
New York City
New York
James Dimon
James Jamie Dimon
Way
Pricing
Think
Gets
Thinking
Involved
Business
Government
Look
Looks
Right

More quotes by Jamie Dimon

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Manipulating currencies is when you're going into the marketplace and buying something in large amounts to depress the value of the currency.
Jamie Dimon
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Companies that build scale for the benefit of their customers and shareholders more often succeed over time.
Jamie Dimon
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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
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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
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It's offensive to me to be called a cost cutter.
Jamie Dimon
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I know the President [Barack Obama]. I like him and respect him. That does not mean I agree with all of our government's policies, whether they come from Democrats or Republicans.
Jamie Dimon
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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
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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
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Our plate is full. We have a lot to do building our company organically and that is our key focus.
Jamie Dimon
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Their [American banks] big issue will be if they want to deal with the biggest companies, which are doing a lot of business overseas. How they do that is a big question. It's almost impossible to build a global investment bank from scratch. If they want to do that, they probably will have to do an acquisition.
Jamie Dimon
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Part of [Japanese companies] growing and expanding around the world is ... going to help the Japanese keep their lifestyles [despite Japan's] demographics, as a declining population, and [to] make it more conducive to women to go to work, I think, is a plus.
Jamie Dimon
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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
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We're going to do the right thing for the company and our customers, all things considered.
Jamie Dimon
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We're diversified, we're stable and consistent. Our businesses benefit from each other.
Jamie Dimon
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The question is how do you do it [more consumer protection] so that it actually works that way? And that takes analysis, and sometimes collaboration between government and business, to understand how that works.
Jamie Dimon
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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
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No one can forecast the economy with certainty.
Jamie Dimon
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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
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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
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We take smaller companies and middle-sized companies, all around the world, and we do currency exchange for them we raise bonds and equities for them and we do inventory finance, trade finance, and custody of assets.
Jamie Dimon