Why Is Anyone Still Listening to Jamie Dimon? Jamie Dimon is in the strata of rich guys whose opinions on just about anything are periodically deemed newsworthy. Dimon fancies himself an important man with important ideas. He is also a man with a lot of bad ideas.

https://newrepublic.com/article/180593/jamie-dimon-oil-gas

by mafco

15 comments
  1. He’s a billionaire, simply put. Billionaires believe their thoughts and feelings are SUPER important. Look at Paulson; one good trade and he’s been a shit manager ever since. But my god he talks! Ackman the same.

    What’s amazing is that Dimon is just a banker. Maybe a great one, maybe a good one, but a manager. Arguably he actually hasn’t created anything.
    There are VERY few billionaires that haven’t been founders of companies. The US economy is made for people like him.

  2. Why is anyone listening to the CEO of the largest bank in the largest economy in the world????

    You are kidding right?

  3. My thoughts exactly after I hear his name in the news so often. He seems to have a lot of things to say that may or may not be correct at all

  4. While I don’t think he’s omniscient the idea that Jamie Dimon or anyone in his position doesn’t have an educated opinion on the state of the economy is kind of stupid. He may have good ideas, he may have bad ideas, but he’s the CEO of the largest bank in the world (admittedly by market cap), so his opinion on economic issues has weight. He might not be right all the time, and lets be honest this is economics we are talking about, he might not be right the majority of the time. But it’s foolish to assume that because he’s wealthy, or a banker that he doesn’t know things that are potentially useful to policymakers and the rest of us.

  5. Let’s not forget he signed off on Epstein doing business with his bank.

  6. I use to work for JP Morgan.. I left recently because this dude treats his employees like absolute garbage.. For some reason many in his Org worship this dude like I’ve never seen before.. He is a trash CEO who is out of touch with many today..

  7. Dumb post. This is an economics sub. He has been the ceo of the largest bank in the world’s largest economy for almost twenty years. His opinions – some good, some bad – do actually matter, especially with regards to the economy.

  8. Go look at his statements and predictions over the past few years. He is often wrong. He is another person that keeps saying something every year. Well yeah eventually you will probably be right. But what about all those years you were wrong. He is also incredibly negative. You run a bank. You should run the bank and stop running your mouth.

  9. This is the classic post of angry interneters who want to discredit someone just to “stick it to the man.” NO ONE out there gets it right all of the time. However, being the CEO of the biggest bank in the world (for a long time and at the helm of significant growth) has given him credentials that he probably has a good idea of how the market works more than most sources.

  10. I love it when he rants against cryptocurrency, because it reminds me that even the richest people in the world get scared when they see change coming.

  11. His opinions haven’t been relevant in a decade. Too old and overpaid.

  12. Jamie Dimon, Dave Ramsey, and Kevin O’Leary are the unholy trinity of unsolicited financial opinions.

    Every single day my newsfeeds are littered with financial hot take headlines by the same three people. Prior to the pandemic, I don’t think I ever knew the name of a bank CEO, investment guru, or financial advisor, but now it feels like these three have moved into my apartment, don’t pay rent, and won’t shut the fuck up.

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