25 quotes from banking legend JP Morgan to inspire the visionary in you
If there was ever a physical embodiment of the saying “A little vision goes a long way,” then it would probably be in the form of the legendary John Pierpont Morgan. John, or JP as he was more commonly known as, lived a successful journey in the banking industry that was a result of years of unyielding hard work, experimentation, and smart risk analysing. Despite all odds, he managed to revolutionise not only the global banking industry, but also ushered in a new, modern era of American business.
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On his 179th birthday, we remember the legacy of the late JP Morgan, on that will remain etched atop the history of business for centuries to follow. As a simple ode to this great visionary, here is a list of some his best quotes which are sure to light the fire within you.
- “You can’t unscramble eggs.”
- “You can’t pick cherries with your back to the trees.”
- “When you expect things to happen – strangely enough – they do happen.”
- “Go as far as you can see; when you get there, you'll be able to see farther.”
- “A man generally has two reasons for doing a thing. One that sounds good, and a real one.”
- “No problem can be solved until it is reduced to some simple form. The changing of a vague difficulty into a specific, concrete form is a very essential element in thinking.”
- “The wise man bridges the gap by laying out the path by means of which he can get from where he is to where he wants to go.”
- “Money equals business which equals power, all of which come from character and trust.”
- “The first thing (in credit) is character… before money or anything else. Money cannot buy it.”
- “A man I do not trust could not get money from me on all the bonds in Christendom. I think that is the fundamental basis of business.”
- “If you have to ask how much it costs, you can’t afford it.”
- “The first step towards getting somewhere is to decide that you are not going to stay where you are.”
- “Nothing so undermines your financial judgement as the sight of your neighbour getting rich.”
- “No price is too great for a work of unquestioned beauty and known authenticity.”
- “If you want time to pass quickly, just give a banker your note for 90 days.”
- “I feel bound in honour when I reorganise a property and am morally responsible for its management, to protect it – and I generally do protect it.”
- “Of all forms of tyranny the least attractive and the most vulgar is the tyranny of mere wealth, the tyranny of plutocracy.”
- “Well, I don't know as I want a lawyer to tell me what I cannot do. I hire him to tell how to do what I want to do.”
- “Millionaires don't use Astrology, billionaires do.”
- “Remember, my son, that any man who is a bear on the future of this country will go broke.”
- “My first guess is sometimes right. My second never is.”
- “Giving debt relief to people that really need it, that's what foreclosure is.”
- “When I have business on hand I think it is better to have it done quickly.”
- “It was not really a question of price. It was a question of success.”
- “When a man abuses his power, he loses it.”