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Bad loans are bad revenue that will eventually kill you, even though for a while they look like profit.
Drawn from what Jamie Dimon said
Mental modelSecond-order thinking
What Jamie Dimon actually said
- Jamie Dimon Chairman and chief executive of JPMorgan Chase
And then, revenues, you know, if I make bad loans, they are bad revenues. They will kill you, but for a while, they look pretty good.
Where this was said
Watch from 0:24:41 plays here↗The Jamie Dimon Interview: How JP Morgan Became an $800 Billion Bankyoutube.com
All 19 korrents from this recordingthis one is 7th
Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us
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