Jamie Dimon calls out bland letters from CEOs — and reveals the 2 he always reads

• Jimmy Damon torn the messages of the CEO and hard regulations at a conference on Tuesday.

• JPMorgan CEO said he was reading Warren Buffett, Andy Jassi, and Jeff Bezos, but they are overcome by others.

• Damon called on the inflated annual reports and value -free banking rules, and warned of the definitions.

Jimmy Damon took the goal of the messages of Insipid CEO, criticized the nonsense, and set a cautious tone on the economy at the Morgan Stanley US Financies on Tuesday.

“Some CEOs are very good; others are just Pablum, ongoing companies, so I do not read them,” according to the Alfasin version of his comments.

“I have always read Buffett, Andy Jaci and Jeff Bezos,” said Damon.

During this event, billionaire Panker called Bizos quoting that “your margin is my chance” to emphasize the competitiveness of JPMorgan. He also directed Pavit’s love for the imoded and the desire awaiting the right opportunity.

“I love buying arrows when you are cheap,” Damon said about the re -purchase of JPMorgan. He said about the bank’s extra capital, “Basically, we will be patient,” describing it as “just profits in the store and cash waiting to publish it.” This repeats the Buffett’s vision of the massive monetary treasure of Berkshire as a dry powder in future deals.

The largest bank in America also talked about the annual reports, financial regulations and company culture. Regarding the topic of 10-KS, he said that “no one reads them anymore because they are full of foolishness.”

Regarding banking regulations, Damon said, “You are likely to throw the full thing because it does not work – 80,000 pages of shit.” He added that some organizational accounts “through the glass of appearance” and that someone took time to think about them will say, “What is the right of hell?”

Damon also emphasized the value of open communication in the workplace, saying that he “gets rid of policy and bs” when the meetings are not “nominated for means” only.

The Wall Street heavyweight has issued a cautious economic look, saying that it is expected that the work and inflation will decrease “a little” with the ease of import taxes in the Trump administration and the suppression of immigration.

“The customs tariff just strikes,” Damon said. “The soft landing may make a little softer” without making the “ship decreases.”

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