A Quote by Jamie Dimon
If the numbers are right, ICBC [Industrial & Commercial Bank of China], which already earns nearly twice as much as JPMorgan. They'll probably be going a lot faster over time, and one day they can be a lot bigger than us.
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JPMorgan was already, for the most part. Our businesses at JPMorgan share the same cash-management systems. The commercial bank, the private bank, the retail bank, they all use the branches. The cash-management system moves the money around the world - for global corporations, and for you, the consumer, too.
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 both the investment bank - which gets a huge volume of business - and the commercial bank because the commercial bank can walk into a company and say, "Oh, if you need X, Y and Z in Japan or China, we can do that for you."
Over the long term, it's hard for a stock to earn a much better return that the business which underlies it earns. If the business earns six percent on capital over forty years and you hold it for that forty years, you're not going to make much different than a six percent return - even if you originally buy it at a huge discount. Conversely, if a business earns eighteen percent on capital over twenty or thirty years, even if you pay an expensive looking price, you'll end up with one hell of a result.
I was a lot smaller in high school, and guys were a lot bigger and faster than me. I stole some bases in high school, but it wasn't until my senior year that I started getting faster.
One-day cricket is a lot more draining because it's a lot faster. You don't get as much break. You are running a lot harder.
Our commercial bank [JPMorgan] is only in the U.S. We are serving what you call SMEs - small businesses, private companies.
Some of us are going to play faster than others. Hitting the right notes and getting your technique right is so much more important than speed.
China's movie industry is growing a lot faster than that of the U.S.
I'm a lot more comfortable knowing that like the body frame, like these 160-pounders, I'm still a lot bigger than those guys. I'm stronger, I'm faster.
There are a lot of young great athletes out there; they're much better athletes than what we were. They're bigger, faster, stronger, unfortunately, there're fewer places to go.
It looked a lot worse than it was. Al is going to be released. He has vision and it's going to be day-by-day prognosis now. But it's much, much better than we initially anticipated.
Over the past 20 years, I have noticed that the most flexible, dynamic, inquisitive minds among my students have been industrial design majors. Industrial designers are bracingly free of ideology and cant. The industrial designer is trained to be a clear-eyed observer of the commercial world - which, like it or not, is modern reality.
This is the way we win over our enemies, not with bigger weapons, or faster ships, but with human courage, ingenuity, and sacrifice. Don't lose hope. We've faced the darkness before-it has nothing new to teach us. As we go about our lives, let us remember the example Dr. Navarro set for us. At the right time, anyone can be a hero.
Glacial pace is actually an incorrect concept. The glaciers move a lot faster and they react a lot faster than people imagine.
I went to the library and learned how checks work. I found out that routing numbers are like zip codes: the checks are sent to the bank that correlates to the routing number. If I manipulate those numbers to a bank far away, it would take longer to get back to the bank, which gave me more time to write more bad checks.
For us Rock and Roll Fantasy Camp is bigger than the music. It is very much an experience that brings a lot of skills and discoveries about yourself together. In that respect, it also enables you to learn that being in a band is a lot tougher than sitting around and playing guitar in your bedroom.
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