Ability Quote by Jamie Dimon
“The best way to look at any business is from the standpoint of the clients. So there are these certain basic things that aren't going to change. Companies are going to have needs for equity, debt, advice, FX, and derivatives. Individuals are going to have needs for auto loans, mortgages, something that looks like a deposit account, and the ability to send money to people. Those things aren't going to change.”
About This Quote
Source Speech: Annual Shareholder Meeting, 2021
Business fundamentals remain constant: clients need core financial services regardless of market changes.
In simple terms: Core financial needs stay the same over time.
Key Takeaway
Focus on reliable services that meet timeless client demands.
Themes
finance
client focus
stability
fundamentals
Mood
pragmatic
forward‑looking
Type
business
strategic
When to use this quote
- banking
- investment
- personal finance
- money transfers
Key Concepts
risk management
service design
Questions to Reflect On
- What emerging services could meet these timeless needs?
- How can firms stay adaptable while preserving core offerings?
A Different Perspective
Innovation may shift delivery but not underlying needs.
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