Explore Quotes by Jamie Dimon

There are legitimate concerns long term, in my view, about nuclear war and policy and stuff like that. But the world has become a better place every 20 years for the last 2,000 years.

We support too big to fail. We want the government to be able to take down a big bank like JP Morgan and it could be done. We think Dodd-Frank, which we supported parts of, gave the FDIC the authority to take down a big bank.

I get to deal with presidents and prime ministers and - and employees from tellers on up. And I love it.

I am not responsible for the financial crisis, I hate to tell you.

We are totally open kimono with regulators.

Most decisions are not binary, and there are usually better answers waiting to be found if you do the analysis and involve the right people.

We're going to do the right thing for the company and our customers, all things considered.

Businesses can be opaque. They are complex. You don't know how aircraft engines work either.

You read constantly that banks are lobbying regulators and elected officials as if this is inappropriate. We don't look at it that way.

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.

No one has the right to not assume that the business cycle will turn! Every five years or so, you have got to assume that something bad will happen.

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

You don't run a business hoping you don't have a recession.

All businesses tend to pass costs onto customers.

If the economy grows, housing gets better, quicker.

It is vital for officials and regulators to have input from people within our businesses who understand the intricacies of how financial markets operate and the consequences of certain policy decisions.

Economies of scale are a good thing. If we didn't have them, we'd still be living in tents and eating buffalo.

The transaction reflects our disciplined strategy of investing capital in core businesses where we can leverage scale and expertise for competitive advantage. In addition to being a great strategic fit, the deal is compelling financially.

I am struck that so many of our leaders in the U.S. forget how strong our country can be.

Acting like everyone who's been successful is bad and because you're rich you're bad, I don't understand it.

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.