Quote

I think the free-enterprise system has been great for society. That doesn't mean it's completely perfect. And also, when people say capitalism, I'm not really sure what they mean.

Jamie Dimon

Change background

T
T
T

Change font

TAGS & TOPICS

Jamie Dimon
Age: 68
Born: 1956
Born: March 13
Banker
Business Person
New York City
New York
James Dimon
James Jamie Dimon
Enterprise
Doesn
Capitalism
Also
Completely
Mean
System
Great
Sure
Really
Society
Think
Free
Thinking
People
Perfect

More quotes by Jamie Dimon

Image
I am struck that so many of our leaders in the U.S. forget how strong our country can be.
Jamie Dimon
Image
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
Image
We continued to build the business, even in the worst of times. We do business all over America.
Jamie Dimon
Image
The yen is trading where it's trading because people are guessing about people's future interest rates, dollar and yen and about the future growth potential of the economies. And, if this policy works, then the yen will probably strengthen.
Jamie Dimon
Image
More people are working, lending is up and savings are up. These are all positive signs for a strengthening economy.
Jamie Dimon
Image
That's probably good, all things being equal, for emerging markets, not bad, even though it may not be great for all their currencies.
Jamie Dimon
Image
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
Image
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
Image
We represent companies from around the world who say, I want to look at Japanese companies. I want to invest in Japan.
Jamie Dimon
Image
All our clients know that we're there, we're steady, we do a good job, we earn a fair return for ourselves, which I think is critical.
Jamie Dimon
Image
If you have the choice, it's far better to say, That person has the job, and they really don't need that much of my oversight. Maybe they don't need any of it.
Jamie Dimon
Image
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
Image
India is a huge democracy. Prime Minister [Narendra] Modi has ambitions to try to fix the infrastructure, the rules, taxes, education, and to lift up the Indian people. And we're hopeful that that's going to create positive momentum.
Jamie Dimon
Image
No one can forecast the economy with certainty.
Jamie Dimon
Image
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
Image
If I ran the whole place like it was my way or the highway, we would not be as good a company. I'm going to have mistakes - they'll be made on my watch and will embarrass me. But I'll also make sure the company learns from them so it can become a better company.
Jamie Dimon
Image
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
Image
The third arrow (of structural reform) is critically important. Japan has some of the best companies in the world, and if you look at their technology, their capability, it's extraordinary.
Jamie Dimon
Image
On Wall Street, there is no Wall Street there are individuals.
Jamie Dimon
Image
I also believe that most of the emerging economies have a fairly large amount of foreign exchange reserves, relative to 10 years ago.
Jamie Dimon