Jamie Dimon Quotes

Of course, economic forecasts must be revised when new information arrives and are thus necessarily provisional.

I'm scared about every dollar that comes into my business. I'm scared about what that means in Obamacare, in taxes. Every single thing that is happening to me is out of my control.

It doesn't matter how big of a company you have: I always tell people that you are one job away from being broke. And if you don't live that way, you'll be broke.

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

If there's one thing that's certain in business, it's uncertainty.

Savings is an important tool because it can help the poor deal with the ups and downs of irregular earnings and help them build reserves for a rainy day.

Managing and navigating through a financial crisis is no fun at all.

My mother and I were on welfare and food stamps until I was 18, so I've always had this ethos of, like, 'try and make a little bit of money now because you don't know what's going to happen tomorrow.'

When there is a situation where one does not see demand for a year or two, then capex is suspended. It will reverse only when the situation improves.

Individuals should think about the worst-case scenarios and plan for them. The world will be crazier than you think it will be. Put money away, and then you can live with much more freedom.

We make a series of investments, some will pan out and some won't.

But we had a pretty diversified portfolio of businesses around the world and things tended to offset each other. But one or two years ago, we had a lot of things happening at the same time.

Now more than ever is the time to really work on learning a money management system that can work, no matter how low things seem right now.

When you're on a series, it's tough to go on and do something else afterward. If you're smart, save your money and you can wait out the bad times, until something else comes along.

Contrary to common assumption, many of the wealthiest Americans aren't worried about the weakening economy at all. They are actually excited about it.

Economists have predicted seven of the last two recessions.

I don’t know anything about money.

Even Warren Buffet is allowed to have an awful year from time to time.

Whenever you start a new business, the sheer number of variables at hand makes failure a constant possibility.

The economics of setting up a new restaurant are scary in good times and terrifying in bad ones.

I never predict freight rates; nobody can do that.

If I've learned anything as an economic analyst, it is that the stock market and economic winds can shift by the hour.

I'm very careful with the money I have, I pay myself the living wage, and I try to save the rest, because if life has taught me one thing it's that you never know what is around the corner.

In my business, you could be making money one day, and the next day you could be serving up burgers at McDonald's. So if you want to be able to stay on top of your game, you've got to keep with it.

Uncertainty is bad for business.