Jamie Dimon Banking Quotations

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.

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.

Part of the concept of the euro zone was to establish a common market. The banks were going to bank across all their countries like we bank across states. But that concept got killed for a whole bunch of reasons that I won't get into. That was a good concept, by the way. It may yet return, because there are huge economies of scale in banking. That's another thing people don't quite get.