Jamie Dimon when asked about how he can anticipate risk better than any other CEO at Milken Institute Global Conference 2017
What I always tell my board is, we have to be prepared for whether or not it's going to happen. We have to prepare for bad events. We’re a big bank in China, I prepare for the worst. I don’t think it's going to happen, I think China will be a large developed nation in 30 years housing a large percent of global fortune 3000. But there’s a small chance that it won’t happen. They’ve kicked out all foreigners twice in their history. In the 1300’s and now. They might do it again. So if you are a shareholder of JP Morgan Chase, I want you to know, we’ll be fine. It’ll hurt. It won’t be a good year but we’ll make money. And that’s how we run the company. Here are the probabilities and we want to handle all set of them.