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A margin only counts while you are still investing heavily, because cutting the investment raises this year's margin and lowers the long-term one.

Drawn from what Jamie Dimon said

Interesting
A private bookmark. Not a position, and never counted.

What Jamie Dimon actually said

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  1. Jamie Dimon

    Chairman and chief executive of JPMorgan Chase

    we can cut billions of dollars of marketing out tomorrow. We can stop opening branches and save a billion dollars next year. We could do a lot of things. Your margins will go up. Your growth will go down. Your long-term margins will probably get worse.

    Where this was said

    Watch from 0:58:42 plays here

    ↗The Jamie Dimon Interview: How JP Morgan Became an $800 Billion Bankyoutube.com

    video · 1h 06m · spoken · machine transcript

    All 19 korrents from this recordingthis one is 18th

Added to korrents 16 Jul 2025 · How quotes work · Something wrong? Tell us

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Our reading — they may agree, disagree or merely touch the same thing. Closest first: a shared subject counts for most, then how near the wording is.

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