People always say to me, "What if it doesn't work?" If it doesn't work, we redouble our effort. … - Jamie Dimon

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Writing about the indignities of old age: the daunting stairway to the restaurant restroom, the benefits of a wheelchair in airports and its disadvantages at cocktail parties, giving the user what he described as a child's-eye view of the party and a crotch-level view of the guests. Dying is a matter of slapstick and pratfalls. The aging process is not gradual or gentle. It rushes up, pushes you over and runs off laughing. No one should grow old who isn't ready to appear ridiculous.

Jamie Dimon

People always say to me, "What if it doesn't work?" If it doesn't work, we redouble our effort. We're not going to cry like a bunch of babies. We're going to redouble our effort.

Babies, Baby, Effort, People, Say

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I don't think you're going to have one bank. Big companies aren't going to give us all their business. So they can pick and choose - by product, by country, whatever. We have major competition across every product in every place we operate.

Across, Country, Giving, Operate, Think, Thinking

But in general, as countries get wealthier, there's going to be more savings, which means you're going to have intermediation. So part of it is just the huge growth in wealth, and part of it was globalization - these companies, these clients getting much bigger and much more global.

Companies, Country, Growth, Mean, Part, Savings

Let's look at lending, where they're using big data for the credit side. And it's just credit data enhanced, by the way, which we do, too. It's nothing mystical. But they're very good at reducing the pain points. They can underwrite it quicker using - I'm just going to call it big data, for lack of a better term: "Why does it take two weeks? Why can't you do it in 15 minutes?"

Call, Data, Good, Pain, Reducing, Two

I am struck that so many of our leaders in the U. S. forget how strong our country can be.

Country, Forget, Leader, Strong

My guess is the big Chinese banks will be in 100 countries by then. They will have very sophisticated operations, and they may very well have bought banks around the world in countries that allow it. I mean, I don't think the American government would allow them to buy JPMorgan. But they will be able to buy a sizable big bank in the U. S. at some point. Whether they do or not, or if it's allowed or not, I don't know.

Allow, Country, Mean, Think, Thinking, World