221 Quotes by 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.

If you’re making all your money simply betting on interest rates, that’s not a business. Flow is a business. On the outside, they look the same for a while. But when you dig into them, no, they weren’t exactly the same.

When you walk into a store and you want to buy something, you give them cash and they sell it to you. But very often, you walk into our “store” and you want something – a credit card, maybe, or a loan – and very often the answer is “No,” even if you’re a large corporation.

It’s great that people get together and collaborate, talk about the facts and the analysis, all in the interest of having a great financial system.

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.

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.

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.

We don’t think there are cases where people were evicted out of homes when they shouldn’t have been.

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.