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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

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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
Looks
Companies
Important
Third
Critically
World
Thirds
Structural
Extraordinary
Arrow
Technology
Arrows
Company
Capability
Best
Japan
Look
Reform

More quotes by Jamie Dimon

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The goal of what Japan's central bank is doing is to create growth. If it actually creates growth, in the long run, it will lead to appreciation.
Jamie Dimon
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I am not embarrassed to be a banker. I am not embarrassed to be in business.
Jamie Dimon
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And if you're going to be a leader, you know what I ask myself? Would I want to work for you in this job? Would I let my children work for you? Would I give you this job if I wasn't there to provide oversight? If you went to run another company, would I, as an investor, invest in that company?
Jamie Dimon
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It can take a long time to get the rules in place that are conducive to growing, sometimes.
Jamie Dimon
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Finance went from being a small business, effectively, to being a big business. In part, that's the growth of the world's wealth. That's called savings.
Jamie Dimon
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The term too big to fail must be excised from our vocabulary.
Jamie Dimon
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More people are working, lending is up and savings are up. These are all positive signs for a strengthening economy.
Jamie Dimon
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Because of that [Brexit], you're going to have slow growth and, unfortunately, while there may not be huge volatility, there will be volatility.
Jamie Dimon
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I believe it's a good thing that people say, Can we find a way to live together in peace? And they did, for the most part.
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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I was a normal human being, but I did like that. I read a lot. I also liked math and science.
Jamie Dimon
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We see very broad-based, moderate, growth. Most of the sectors are quite strong. I don't see any major potholes, and I believe [the economy] is strengthening.
Jamie Dimon
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People always say to me, What if it doesn't work? If it doesn't work, we redouble our effort. We're not going to cry like a bunch of babies. We're going to redouble our effort.
Jamie Dimon
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My father and grandfather were stockbrokers, and they would actually take stock certificates from a vault, give it to a runner, and send it to another vault. Then somebody said, Let's digitize it and have one vault. Now the DTCC clears and settles almost everything, and the cost of doing a trade is a tenth of what it was before.
Jamie Dimon
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Part of the reason some Japanese companies have underperformed financially was corporate governance and board structures.
Jamie Dimon
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But in general, as countries get wealthier, there's going to be more savings, which means you're going to have intermediation. So part of it is just the huge growth in wealth, and part of it was globalization - these companies, these clients getting much bigger and much more global.
Jamie Dimon
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I haven't studied it deeply, but the American banks started the crisis with far more capital and what I would call good liquidity. The riskiest funding is unsecured wholesale funding. It's the most fickle. Not repo, which the government focused on, too. Unsecured. JPMorgan Chase had almost none of that - virtually zero.
Jamie Dimon
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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
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You have your own culture and your own ways of doing things. I hope Japan continues on this path.
Jamie Dimon
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We got a lot of excellent people and businesses from Bear and WaMu. But Bear definitely was more painful. WaMu got us into Florida, California, and other states, which was a huge benefit - to expand and grow and add middle-market, private banking, investment banking, and other products, too.
Jamie Dimon