---
title: "14 Knows Quotes By Jamie Dimon"
description: "14 Knows quotes by Jamie Dimon. Plus more from Jamie Dimon and more Knows sayings from other authors."
image: "https://sms4smile.com/quotes/i/131/jamie-dimon-1320_aircraft_businesses-can-be-opaque-they-are-comple_2093825.png"
---

> [Businesses can be opaque. They are complex. You don't know how aircraft engines work either.](https://sms4smile.com/quotes/jamie-dimon/businesses-can-be-opaque-they-are-complex-you-don-t-know-how-aircraft/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

[Image](https://sms4smile.com/quotes/i/131/jamie-dimon-1320_aircraft_businesses-can-be-opaque-they-are-comple_2093825.png)

> [Abenomics, quantitative easing, fiscal policy - we know all the issues.](https://sms4smile.com/quotes/jamie-dimon/abenomics-quantitative-easing-fiscal-policy-we-know-all-the-issues/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

[Image](https://sms4smile.com/quotes/i/706/jamie-dimon-1320_fiscal-policy_abenomics-quantitative-easing-fiscal-pol_406615.png)

> [You never know exactly how new policies are going to work. That doesn't mean you shouldn't try them.](https://sms4smile.com/quotes/jamie-dimon/you-never-know-exactly-how-new-policies-are-going-to-work-that-doesn/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

[Image](https://sms4smile.com/quotes/i/328/jamie-dimon-1320_going-to-work_you-never-know-exactly-how-new-policies_239501.png)

> [All our clients know that we're there, we're steady, we do a good job, we earn a fair return for ourselves, which…](https://sms4smile.com/quotes/jamie-dimon/all-our-clients-know-that-we-re-there-we-re-steady-we-do-a-good-job/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

[Image](https://sms4smile.com/quotes/i/acb/jamie-dimon-1320_clients_all-our-clients-know-that-we-re-there-we_1403709.png)

> [ I know the President \[Barack Obama\]. I like him and respect him. That does not mean I agree with all of our… ](https://sms4smile.com/quotes/jamie-dimon/i-know-the-president-barack-obama-i-like-him-and-respect-him-that/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

[Image](https://sms4smile.com/quotes/i/c9f/jamie-dimon-1320_agree_i-know-the-president-barack-obama-i-like_3018713.png)

> [The government isn't going to say, "We're going to regulate banks, but we'll leave these other companies alone." I think the regulators…](https://sms4smile.com/quotes/jamie-dimon/the-government-isn-t-going-to-say-we-re-going-to-regulate-banks-but/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

[Image](https://sms4smile.com/quotes/i/03d/jamie-dimon-1320_company_the-government-isn-t-going-to-say-we-re_224346.png)

> [I don't like the term "universal bank." The Chinese government legitimately wants to have a very strong economy. When they talk about…](https://sms4smile.com/quotes/jamie-dimon/i-don-t-like-the-term-universal-bank-the-chinese-government/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

[Image](https://sms4smile.com/quotes/i/d91/jamie-dimon-1320_chinese_i-don-t-like-the-term-universal-bank-the_2364332.png)

> [I hate the word universal, because I don't know exactly what it means. The question is, does it work for the client?…](https://sms4smile.com/quotes/jamie-dimon/i-hate-the-word-universal-because-i-don-t-know-exactly-what-it-means/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

[Image](https://sms4smile.com/quotes/i/e6d/jamie-dimon-1320_business_i-hate-the-word-universal-because-i-don_1159460.png)

> [If you went to all those little towns in America, JPMorgan was there in good times and bad times, and, in fact,…](https://sms4smile.com/quotes/jamie-dimon/if-you-went-to-all-those-little-towns-in-america-jpmorgan-was-there/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

[Image](https://sms4smile.com/quotes/i/790/jamie-dimon-1320_america_if-you-went-to-all-those-little-towns-in_1541249.png)

> [A bank is a relationship. I can't desert you and expect to have a strong relationship afterward. If I told someone, "I…](https://sms4smile.com/quotes/jamie-dimon/a-bank-is-a-relationship-i-can-t-desert-you-and-expect-to-have-a/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

[Image](https://sms4smile.com/quotes/i/c6e/jamie-dimon-1320_bank_a-bank-is-a-relationship-i-can-t-desert_1995889.png)

> [My guess is the big Chinese banks will be in 100 countries by then. They will have very sophisticated operations, and they may…](https://sms4smile.com/quotes/jamie-dimon/my-guess-is-the-big-chinese-banks-will-be-in-100-countries-by-then/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

[Image](https://sms4smile.com/quotes/i/98c/jamie-dimon-1320_able_my-guess-is-the-big-chinese-banks-will-b_2210113.png)

> [When the secretary of treasury, the head of the central bank, the head of the FDIC (Federal Deposit Insurance Corp.), and the…](https://sms4smile.com/quotes/jamie-dimon/when-the-secretary-of-treasury-the-head-of-the-central-bank-the-head/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

[Image](https://sms4smile.com/quotes/i/1c8/jamie-dimon-1320_america_when-the-secretary-of-treasury-the-head_1390216.png)

> [And if you're going to be a leader, you know what I ask myself? Would I want to work for you in…](https://sms4smile.com/quotes/jamie-dimon/and-if-you-re-going-to-be-a-leader-you-know-what-i-ask-myself-would-i/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

[Image](https://sms4smile.com/quotes/i/4da/jamie-dimon-1320_asks_and-if-you-re-going-to-be-a-leader-you-k_1282463.png)

> [I want you to say to me right from the start, "We are here to serve customers. We're not here for me…](https://sms4smile.com/quotes/jamie-dimon/i-want-you-to-say-to-me-right-from-the-start-we-are-here-to-serve/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

[Image](https://sms4smile.com/quotes/i/d8b/jamie-dimon-1320_business_i-want-you-to-say-to-me-right-from-the-s_382791.jpg)

## Other authors on Knows

## More by Jamie Dimon

> [I think if we had another set of policies for - not the crisis years, but after that, that we might be growing faster.…](https://sms4smile.com/quotes/jamie-dimon/i-think-if-we-had-another-set-of-policies-for-not-the-crisis-years/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

> [I learn from all our major competitors, whether they're in or out of the U.S. Wells Fargo is very actively, very aggressively, and very…](https://sms4smile.com/quotes/jamie-dimon/i-learn-from-all-our-major-competitors-whether-they-re-in-or-out-of/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

> [The United States has the best, deepest, widest, and most transparent capital markets in the world which give you, the investor, the ability to…](https://sms4smile.com/quotes/jamie-dimon/the-united-states-has-the-best-deepest-widest-and-most-transparent/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

> [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…](https://sms4smile.com/quotes/jamie-dimon/people-always-say-to-me-what-if-it-doesn-t-work-if-it-doesn-t-work-we/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

> [We've made a huge effort globally and in the US, in getting kids jobs. This is one piece. The South Bronx and inner-city schools…](https://sms4smile.com/quotes/jamie-dimon/we-ve-made-a-huge-effort-globally-and-in-the-us-in-getting-kids-jobs/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

> [You know, the benefit in life is to say, 'Maybe you made a mistake, let's dig deep.](https://sms4smile.com/quotes/jamie-dimon/you-know-the-benefit-in-life-is-to-say-maybe-you-made-a-mistake-let-s/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

> [JP Morgan always has higher capital liquidity, that is partially to make up for mistakes and problems and obviously its a tough economy. We…](https://sms4smile.com/quotes/jamie-dimon/jp-morgan-always-has-higher-capital-liquidity-that-is-partially-to/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

> [Trade is very good for the country. It's very good for the GDP. It's good for wages, but it doesn't mean it's always good…](https://sms4smile.com/quotes/jamie-dimon/trade-is-very-good-for-the-country-it-s-very-good-for-the-gdp-it-s/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

> [I've asked our people, "Why don't we just put a revolver on top of our basic loan?" Make it easier for the client.](https://sms4smile.com/quotes/jamie-dimon/i-ve-asked-our-people-why-don-t-we-just-put-a-revolver-on-top-of-our/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

> [As a matter of fact 25% of our U.S. investment banking business comes out of our commercial bank. So it's a competitive advantage for…](https://sms4smile.com/quotes/jamie-dimon/as-a-matter-of-fact-25-of-our-u-s-investment-banking-business-comes/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

> [ Not every company went bankrupt. Not every bank needed TARP \[Troubled Asset Relief Program\]. So I'm very proud that JPMorgan, throughout that time period,… ](https://sms4smile.com/quotes/jamie-dimon/not-every-company-went-bankrupt-not-every-bank-needed-tarp-troubled/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

> [I do want the tax system to be efficient and be conducive to growth, which it is not.](https://sms4smile.com/quotes/jamie-dimon/i-do-want-the-tax-system-to-be-efficient-and-be-conducive-to-growth/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

> [ There are parts \[in Dodd-Frank\] that I don't agree with. But, in total, it is what it is. ](https://sms4smile.com/quotes/jamie-dimon/there-are-parts-in-dodd-frank-that-i-don-t-agree-with-but-in-total-it/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

> [It's good for America when the rest of the world grows, because you can sell more to the rest of the world.](https://sms4smile.com/quotes/jamie-dimon/it-s-good-for-america-when-the-rest-of-the-world-grows-because-you/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

> [We had a lot of gridlock on a lot of issues. But, the American system is pretty resilient.](https://sms4smile.com/quotes/jamie-dimon/we-had-a-lot-of-gridlock-on-a-lot-of-issues-but-the-american-system/)

[Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/)

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                        "text": "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.",
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                        "text": "A bank is a relationship. I can't desert you and expect to have a strong relationship afterward. If I told someone, \"I know you've been buying milk from me and you need milk to survive. But the price is no longer $2 a gallon. It's going to be $40 a gallon. I'm going to bankrupt you.\" What do you guys think of me? You would hate us.",
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                        "text": "My guess is the big Chinese banks will be in 100 countries by then. They will have very sophisticated operations, and they may very well have bought banks around the world in countries that allow it. I mean, I don't think the American government would allow them to buy JPMorgan. But they will be able to buy a sizable big bank in the U.S. at some point. Whether they do or not, or if it's allowed or not, I don't know.",
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                        "text": "When the secretary of treasury, the head of the central bank, the head of the FDIC (Federal Deposit Insurance Corp.), and the head of the New York Fed say, \"We want you to do this because we think it's in the best interest of the United States of America,\" you know, we're like the Japanese. We're a little patriotic that way. We said, \"Yes, sir!\"",
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                        "text": "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?",
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                        "text": "I want you to say to me right from the start, \"We are here to serve customers. We're not here for me to make a lot of money. We're not here to bet on interest rates or credit spreads. We are here to serve our customers really well over a long period of time, and that's how you build a successful business.\" And so I want to see that, too, you know?",
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