korrents

Our readingWhat is a korrent?

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

investing
What this subject means

investing Putting money into markets on purpose: what a portfolio is for, whether active management earns its cost, and what money is actually a means to.

Second-order thinking

What Jamie Dimon actually said

  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.

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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