Jamie Dimon
speaker
1,379 appearances
70 recordings
17 series
first heard Sep 2024
last heard 16 Jul
Jamie Dimon’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 54 in all, peaking in Jan 2026 with 25.
Appearances
you can handle them so you continue to build your business and so i always look what i call the fat tails and manage that we can handle all the all the fat tails and not the stress test the fed gives us but all the fat tails market's down 50 interest rates up to eight percent credit spreads back to worst ever of course your results will be worse but you're there and and the thing about financial services leverage kills you aggressive accounting can kill you which a lot of companies do do
And, you know, the goal should be, and also confidence.
If you lose money as a financial company, I always knew this too, the headlines are, you know, people read that, and if they're relying on putting their money with you, they look at that different.
They lose trust.
And that's what's causing, you've seen runs on banks, and you saw some recently, because people take their money out.
Yeah, a little bit.
He's saying that if you look at the history of banks from up until 2007, a lot of banks were earning 30% equity.
Most of them went bankrupt.
We never did that much.
But in 2008 and 2009, we were fine, and they weren't.
But you want to build a real strong company with real margins, real clients, conservative accounting, where you're not relying on leverage.
And it's very easy to use leverage to jack up returns in any business.
But in banking, it could be particularly dangerous.
I go way back to Primerica.
I used to talk about that.
You're going to be able to survive the tough times.
Probably the 1990s.
Like I said, I grew up with my father and I went through those market things.
I remember how hard it was on people on Wall Street.
But the Fortress Balance Sheet is...
Showing 761–780 of 1,379 · page 39 of 69
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