40 JP Morgan Quotes

John Pierpont Morgan Sr., born on April 17, 1837, was an American financier and banker.

All through his heyday, he ruled corporate finance and industrial consolidation. He was well-known as a humanitarian and art connoisseur.

For his strong understanding of cost-benefit analysis and improvisation, he is hailed for solely revamping the USA banking system.  His diligent modernization efforts aided in the transformation of several American firms. As a humble tribute to this brilliant mind, here is a collection of a few of his most incredible lines that will surely enlighten you.

JP Morgan Witty Quotes

The American financier JP Morgan's involvement in the developing US economy, was extraordinary.

(Enjoy the JP Morgan quotes that state, in business, you expect things to happen, and they happen strangely enough.)

"If you want time to pass quickly, just give a banker your note for 90 days."

"Anyone who has to ask about the annual upkeep of a yacht can’t afford one."

"When you expect things to happen - strangely enough - they do happen."

"I'm not in Wall Street for my health."

"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."

"Nothing so undermines your financial judgment as the sight of your neighbor getting rich."

"Let every lion do his duty."

"Never sell a bear on the United States."

"You can't pick cherries with your back to the tree."

"I’ll go to jail rather than discuss my personal affairs."

JP Morgan Business Quotes

JP Morgan quotes can give you an idea of how money equals business as well as equals power.

"My first guess is sometimes right. My second never is."

"Gold is money and nothing else."

"The first thing (in credit) is character… before money or anything else. Money cannot buy it."

— 1912, Testimony to the Pujo Committee.

"Giving debt relief to people that really need it, that's what foreclosure is."

"I feel bound in honor when I reorganize a property and am morally responsible for its management, to protect it – and I generally do protect it."

"No price is too great for a work of unquestioned beauty and known authenticity."

"The key to living a moral life is this: Do nothing in private that you would be ashamed to discuss openly with your mother."

"A man generally has two reasons for doing a thing. One that sounds good, and a real one."

— 'Roosevelt: The Story of a Friendship', Owen Wister, 1930.

"[Credit] is an evidence of banking, but it is not the money itself. Money is gold, and nothing else."

— 1912, Testimony to the Pujo Committee.

"When I have business on hand I think it is better to have it done quickly."

"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."

JP Morgan Quotes On People

Here we have brought a posy of outstanding  JP Morgan quotes that are assuredly inspiring for their clarity and deep insight.

"When a man abuses his power, he loses it."

"People without homes will not quarrel with their leaders. This is well known among our principle men now engaged in forming an imperialism of capitalism to govern the world."

"Anybody has a right to evade taxes if he can get away with it. No citizen has a moral obligation to assist in maintaining his government".

"Of all forms of tyranny the least attractive and the most vulgar is the tyranny of mere wealth, the tyranny of plutocracy."

"Anybody has a right to evade taxes if he can get away with it.  No citizen has a moral obligation to assist in maintaining his government."

"By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd."

"Money equals business which equals power, all of which come from character and trust."

"Go as far as you can see; when you get there you'll be able to see farther."

"You can't unscramble eggs."

"I'll do business with anyone, but I'll only go sailing with gentlemen."

Famous JP Morgan Quotes

The American financier JP Morgan quotes can help you find your inner genius.

"I say you can get a combination that can control business and all that. You can control business, but you cannot control money."

— December 18 and 19, 1912, Testimony of J. P. Morgan.

"The public reads the headlines ..... . The story itself is fair and shows the facts. That would be all right if the public read the facts. But it does not. It reads the headline and listens to the demagogues and that's the stuff public opinion is made of."

"Yes; but I would like to say in reply to that that there is no place where mergers and consolidations and all that have taken place to the same extent that they have in England during the last twenty years."

— December 18 and 19, 1912, Testimony of J. P. Morgan.

“I do not remember in my whole life I ever willfully misrepresented anything to anybody at any time.  I have never knowingly had connection with a fraudulent scheme.”

"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."

"It will fluctuate."

— 'Morgan: American Financier', Jean Strouse.

"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."

"That is the reason why in reorganizing a company we employ that method. We exercise our powers and protect the stockholders."

— December 18 and 19, 1912, Testimony of J. P. Morgan.

"No sir.  The first thing is character… before money or anything else."