Jamie Dimon
Appearances
Acquired
The Mark Zuckerberg Interview
Hello, Acquired listeners. Welcome to the Chase Center and to Acquired Live. I'm Jamie Dimon, chairman and CEO of JPMorgan Chase. I'm happy to kick off the show tonight and welcome all of you to one of my favorite arenas. It's been a great partnership all year between J.P. Morgan Payments and Acquired, storytelling and educating about some of the greatest companies in the world.
Acquired
Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
Hello, Acquired listeners. Welcome to the Chase Center and to Acquired Live. I'm Jamie Dimon, Chairman and CEO of JPMorgan Chase. I'm happy to kick off the show tonight and welcome all of you to one of my favorite arenas. It's been a great partnership all year between JPMorgan Payments and Acquired, storytelling and educating about some of the greatest companies in the world.
Acquired
Acquired LIVE from Chase Center (with Daniel Ek, Emily Chang, Jensen Huang and Mark Zuckerberg)
For many of them, just like many of you in the crowd, we're thrilled to call you friends and partners of the firm. Sorry I couldn't be there in person tonight, but I hope everyone enjoys the show. Ben and David, over to you.
All-In with Chamath, Jason, Sacks & Friedberg
The Stablecoin Future, Milei's Memecoin, DOGE for the DoD, Grok 3, Why Stripe Stays Private
A lot of you were on the Zoom and you were doing the following, okay? You know, looking at your mail, sending texts to each other about what an a**hole the other person is. Okay, not paying attention, not reading your stuff, you know, and if you don't think that slows down efficiency, creativity, creates rudeness, it does.
All-In with Chamath, Jason, Sacks & Friedberg
The Stablecoin Future, Milei's Memecoin, DOGE for the DoD, Grok 3, Why Stripe Stays Private
Okay, and when I found out that people are doing that, you don't do that in my goddamn meetings. You go to a meeting with me, you got my attention, you got my focus, I don't bring my goddamn phone, I'm not sending texts to people. Okay, it simply doesn't work. The young generation is being damaged by this. That may or may not be on your particular staff, but they are being left behind.
All-In with Chamath, Jason, Sacks & Friedberg
The Stablecoin Future, Milei's Memecoin, DOGE for the DoD, Grok 3, Why Stripe Stays Private
They're being left behind socially, ideas, meeting people. In fact, my guess is most of you live in communities a hell of a lot less diverse than this room. That's not how you run a great company. We didn't build this great company by doing that, by doing the same semi-disease that everybody else does.
All-In with Chamath, Jason, Sacks & Friedberg
The Stablecoin Future, Milei's Memecoin, DOGE for the DoD, Grok 3, Why Stripe Stays Private
Every area should be looking to be 10% more efficient. If I was running a department of 100 people, I guarantee you, if I wanted to, I could run it with 90 and be more efficient. I guarantee you, I could do it in my sleep. And the notion, these bureaucracies, I need more people, I can't get it done. No, because you're filling out requests that don't need to be done.
All-In with Chamath, Jason, Sacks & Friedberg
The Stablecoin Future, Milei's Memecoin, DOGE for the DoD, Grok 3, Why Stripe Stays Private
Your people are going to meetings they don't need to go to. Someone told me to approve something as wealth management that they had to go to 14 committees. I am dying to get the name of the 14 committees. And I feel like firing 14 chairman of committees. I can't stand it anymore.
Brooke and Jeffrey: Second Date Update
Second Date Update Classic: Dino Drunkfest
Develop your EQ. A lot of people have plenty of brains, but EQ is, do you trust me? Do I communicate well? Develop the team, develop the people, create a system of trust, and it works over time.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
Homeowners? HOA.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
A lot of you were on the fucking Zoom, and you were doing the following, okay? You know, looking at your mail, sending texts to each other about what an asshole the other person is.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
okay not paying attention not reading your stuff you know and if you don't think that slows down efficiency creativity creates rudeness and so it does okay and when i found out that people are doing that you don't do that my goddamn meetings you go to me with me you got my attention you got my focus i don't bring my goddamn phone i'm not sending texts to people okay it simply doesn't work and it doesn't work for creativity it slows down decision making
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
And don't give me the shit that work from home Friday works. I call a lot of people on Friday. They're not a goddamn person to get a hold of. But here are the problems, okay? And they are substantial, okay? Which is the young generation is being damaged by this. That may or may not be on your particular staff, but they are being left behind.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
They're being left behind socially, ideas, meeting people. In fact, my guess is most of you live in communities a hell of a lot less diverse than this room. Every area should be looking to be 10% more efficient. If I was running a department of 100 people, I guarantee you, if I wanted to, I could run it with 90 and be more efficient. I guarantee you. I could do it in my sleep.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
And the notion, these bureaucracies, I need more people, I can't get it done. No, because you're filling out requests that don't need to be done. Your people are going to meetings they don't need to go to. Someone told me to approve something as wealth management that they had to go to 14 committees. I am dying to get the name of the 14 committees, and I feel like firing 14 chairmen of committees.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
I can't stand it anymore. Now, you have a choice. You don't have to work at J.P. Morgan. So the people of you who don't want to work at the company, that's fine with me. I'm not mad at you. Don't be mad at me. It's a free country. You can walk on your feet. You know, but this company is going to set our own standards and do it our own way. Thank you. And I've had it with this kind of stuff.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
And, you know, I come in, you know, I've been working seven days a goddamn week since COVID. And I come in and I'm like, where's everybody else? But they're here and there and the Zooms and the Zooms don't show up. And people say they didn't get stuff. So that's not how you run a great company.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
We didn't build this great company by doing that, by doing the same semi-disease shit that everybody else does.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
They're about to shut it down.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
He does, yeah.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
Look at this shirt. Oh, wow.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
Yeah.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
That is hilarious. Should I move it? Should I move it? Leave it.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
I get the kick out of it. Do me a favor. That looks like a Don't ruin Jillian's shot. That looks like a tea cup. I love it.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
Or burnt this city on liberal policies, right? We burnt this city. We burned this city on liberal policies. That's what they got to say, right? We didn't start the fire. It was always burning since. That's a good one.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
Oh, man.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
He goes, damn, man.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
I got you. I got you.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
Play on, player, Jillian, okay?
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
That's one.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
That's marriage.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
It's a waiting game.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
Thank you. I agree.
PBD Podcast
Zelenskyy Oval Office Meeting, Trump Tariffs In Effect, Epstein Files Update | PBD Podcast | Ep. 556
They look sick.
PBD Podcast
Canada CAVES To Trump Tariff Threats In Trade War | PBD Podcast | Ep. 561
working from home somebody from the crowd asks and his response if this is a club i think it is his response is a magical go ahead rob stanford university you have a free market you know you can do one thing i can do another this one that's what's called a free market you know if you work in a restaurant you got to be in you all may not know this but 60 of americans worked the whole time where did you get your amazon packages from your beef your meat your vodka
PBD Podcast
Canada CAVES To Trump Tariff Threats In Trade War | PBD Podcast | Ep. 561
Where did you get the diapers from? You got UPS and FedEx and manufacturers and agriculture and hospitals and cities and schools and nurses and sanitation and firemen and military. They all worked. It's only this people in the middle who complain a lot about it. I'm being quite serious, and you go to Washington DC now, some of these people come in five days a month, and you're paying for it.
PBD Podcast
Canada CAVES To Trump Tariff Threats In Trade War | PBD Podcast | Ep. 561
But the other thing, here's why it doesn't work in our business. So it may very well work in certain things. For the younger people being left behind, I've known this for a while, we can prove a little bit of it, and that is cumulative. It's not like the first month you're working.
PBD Podcast
Canada CAVES To Trump Tariff Threats In Trade War | PBD Podcast | Ep. 561
It's by the second year you have less people, you're put on less assignments, you know less what's going on, you have less conversations at the water cooler or in the cafeteria, so it's leaving them behind. I won't do that. And to have the younger people coming in but not their bosses, I have a problem with that too. And then people say to me always, well, you know, it works for me, but...
PBD Podcast
Canada CAVES To Trump Tariff Threats In Trade War | PBD Podcast | Ep. 561
Actually, we were on Zoom yesterday, and people were saying it works for me. I said, yeah, but people are reading their mail and getting their notifications. And as I was talking, there were 12 people in the room and four people on the screen, and all four people on the screen were on their phone. And people say, and you think you're focusing and learning?
PBD Podcast
Canada CAVES To Trump Tariff Threats In Trade War | PBD Podcast | Ep. 561
And then as a management tool, when we meet in the morning, we talk, we have these debates. All day long we're talking. Hey, no, I checked on that. You're right about that. Here's what I think we should do. All day long, constant update, constant share of information. So I tell you, it doesn't work in our business. And for culture, you talk about culture, it's impossible to do culture right.
Stuff You Should Know
Editorial Cartoons: Art as Satire
Develop your EQ. A lot of people have plenty of brains, but EQ is, do you trust me? Do I communicate well? Develop the team, develop the people, create a system of trust, and it works over time.
Stuff You Should Know
Editorial Cartoons: Art as Satire
Develop your EQ. A lot of people have plenty of brains, but EQ is do you trust me? Do I communicate well? Develop the team, develop the people, create a system of trust, and it works over time.
Stuff You Should Know
How GPS Works
Develop your EQ. A lot of people have plenty of brains, but EQ is, do you trust me? Do I communicate well? You know, when you walk in a room, do people feel good you're there? Are you responsive to people? Do people know you have a heart? Develop the team, develop the people, create a system of trust, and it works over time.
The Psychology of your 20s
277. Let's talk about birthday anxiety
Develop your EQ. A lot of people have plenty of brains, but EQ is, do you trust me? Do I communicate well? You know, when you walk in a room, do people feel good you're there? Are you responsive to people? Do people know you have a heart? Develop the team, develop the people, create a system of trust, and it works over time.
This Is Important
Ep 242: Are You Smarter Than A Podcaster?
Develop your EQ. A lot of people have plenty of brains, but EQ is, do you trust me? Do I communicate well? You know, when you walk in a room, do people feel good you're there? Are you responsive to people? Do people know you have a heart? Develop the team, develop the people, create a system of trust, and it works over time.