Jamie Dimon: “If You Are Not Fearful, You Are Crazy”

By Edward Harrison On Oct 16, 2008

I love Jamie Dimon, JPMorgan Chase’s CEO. He really tells it like it is. At last quarter’s earnings call, he called a spade a spade and said “prime looks terrible” in reference to prime mortgage loans.

This quarter his quote is even more to the point:

“If You Are Not Fearful, You Are Crazy.”
–Deal Book

Words of wisdom.

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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