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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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Jamie Dimon
Age: 68
Born: 1956
Born: March 13
Banker
Business Person
New York City
New York
James Dimon
James Jamie Dimon
Work
Redouble
Always
Babies
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Bunch
People
Cry
Baby
Effort
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Going
More quotes by Jamie Dimon
Wall Street gives money to both [Democrats and Republicans] because they want to be on the good side of whoever becomes president .
Jamie Dimon
Don't do anything stupd. And don't waste money. Let everybody else waste money and do stupid things then we'll buy them.
Jamie Dimon
If you went to all those little towns in America, JPMorgan was there in good times and bad times, and, in fact, helped a lot of people through the tough times. And we know that's when they need us the most.
Jamie Dimon
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
You've seen certain credit type products that are going to be in nonbanks, like sophisticated CLO [collateralized loan obligation] tranches and stuff where the capital charge is so high that a bank simply will not own it. Someone will buy it, hedge it, trade it. But it won't typically be a bank.
Jamie Dimon
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
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
I do believe that some of these regulations made the markets more volatile, and it remains to be seen how bad that can be.
Jamie Dimon
Companies that build scale for the benefit of their customers and shareholders more often succeed over time.
Jamie Dimon
I do want the tax system to be efficient and be conducive to growth, which it is not.
Jamie Dimon
I'm a really big believer - this is not a statement about President [Barack] Obama, but whoever is president - that good policy is really important.
Jamie Dimon
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
I think normalization is a good thing.
Jamie Dimon
We did not anticipate the political fallout from it. We definitely didn't need it and we paid it back the first day we were allowed to.
Jamie Dimon
We're going to do the right thing for the company and our customers, all things considered.
Jamie Dimon
Just because you have a good hand today doesn't mean it's good tomorrow. And some of the things we're doing may become very disadvantageous at some point.
Jamie Dimon
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
You have your own culture and your own ways of doing things. I hope Japan continues on this path.
Jamie Dimon
I am struck that so many of our leaders in the U.S. forget how strong our country can be.
Jamie Dimon
JPMorgan Chase are among the most successful global investment banks, most successful global asset managers, and, in the United States, one of the most successful retail and commercial bankers. We do a great job for customers.
Jamie Dimon
