221 Quotes by Jamie Dimon

I don't like the term "universal bank." The Chinese government legitimately wants to have a very strong economy. When they talk about SOE reform, they know that's part of it.

Don't do anything stupd. And don't waste money. Let everybody else waste money and do stupid things; then we'll buy them.

We have built a very good company, and we're proud of it. We also recognize that much of it has been built on the shoulders of the thousands of employees and leaders who have worked here before us.

As countries get wealthier – all of them, together – you’re going to have financial assets. That is a good thing. You could argue the assets were traded too much, or that they’re too highly valued, or too leveraged.

Don’t do anything stupd. And don’t waste money. Let everybody else waste money and do stupid things; then we’ll buy them.

It might be harder for us to charge a higher interest rate, like they do, so it might not be as profitable for us. But we can either compete or partner, like we’ve announced with On Deck, which does some of the stuff we just spoke about.

My daughter asked me when she came home from school, “What’s the financial crisis?” and I said, it’s something that happens every five to seven years.

I don’t think you could have a banker serving in a major role in Washington in the next 10 years. I just don’t think it’s going to happen – it’s just not politically feasible – so I don’t spend much time thinking about it. Do I think I could do a good job? Maybe. It’s possible.

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?