Beneficiaries Quote by Jamie Dimon
“Scale can create value for shareholders; for consumers, who are beneficiaries of better products, delivered more quickly and at less cost; for the businesses that are our customers; and for the economy as a whole.”
About This Quote
Source Speech: Annual Shareholder Meeting, JPMorgan Chase, 2020
Scale benefits shareholders, consumers, partner businesses, and the overall economy.
In simple terms: Scale creates broad value for many stakeholders.
Key Takeaway
Leverage scale responsibly.
Themes
economics
business strategy
value creation
Mood
analytical
optimistic
Type
observation
strategic
When to use this quote
- product rollout
- market expansion
- cost reduction
Key Concepts
economies of scale
consumer welfare
Questions to Reflect On
- What are the trade‑offs of scaling?
- How to ensure fair distribution of benefits?
A Different Perspective
Scaling can harm competition and workers.
![“I think if we had another set of policies for - not the crisis years, but after that, that we might be growing faster. But we didn't. And some of that was Republicans' [fault], by the way.” quote by Jamie Dimon](https://sms4smile.com/quotes/img-quotes/c6a/jamie-dimon-1320_crisis_i-think-if-we-had-another-set-of-policie_34817.jpg)
![“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, was completely steadfast. We bought Bear Stearns because we thought we were helping the situation. We didn't cut and run.” quote by Jamie Dimon](https://sms4smile.com/quotes/img-quotes/04a/jamie-dimon-1320_assets_not-every-company-went-bankrupt-not-ever_128310.jpg)
