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Jamie Dimon shared a key career lesson he’s ‘learned and relearned’ — don’t make big decisions on Fridays

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Thinking about making a big decision at the end of a long week? JPMorgan CEO Jamie Dimon says it’s worth waiting.

“Making big decisions on a Friday when you’re tired is a really bad idea,” Dimon said in an interview with NPR’s “Newsmakers” on Tuesday.

The comment came as part of a broader answer about what he wishes he knew earlier in life, after nearly 22 years running the world’s largest bank by market capitalization and after he turned 70 last month.

Alongside tactical advice, Dimon pointed to emotional discipline as a key leadership skill.

“Anger doesn’t help,” he said, describing the kinds of habits that can quietly undermine judgment.

He framed these insights as lessons “learned and relearned” over time.

“I still make some of those mistakes, unfortunately,” Dimon said.

Have a ‘purpose in life’

Dimon said he was raised to “have a purpose in life, treat everyone well, do the best you can, leave the world a better place,” and “that hasn’t changed.”

He also pointed to his latest annual letter to shareholders, released Monday, which highlights the USA’s upcoming 250th anniversary as a moment to “rededicate ourselves to the values that made this great nation of ours — freedom, liberty, and opportunity.”

In the NPR interview, Dimon said the idea of happiness in the phrase “the pursuit of happiness” has often been misunderstood.

“When they said the pursuit of happiness, they didn’t mean happiness like we mean happiness,” he said, seemingly referring to the authors of the US Declaration of Independence, but rather “purpose.”

Dimon said that the idea of purpose can take many forms — from business and politics to everyday life.

“That purpose could be an artist, politician, reporter, you know, business person,” he said. “You could be just a caregiver, a mother.”

He recalled reading an op-ed about a Medal of Honor recipient who, decades later, came to see that the real heroes were those who quietly helped others every day — though he did not specify which piece he was referring to.

“They never gave up, and they did it through health and sickness and things like that,” Dimon said.

“So that’s the purpose. You made the world a better place in the way you can contribute,” he added.




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Jamie Dimon says he called Warren Buffett after poaching his protégé

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Jamie Dimon didn’t have much trouble telling Warren Buffett he’d hired one of his top lieutenants.

The JPMorgan CEO said that he called Buffett after hiring Todd Combs in December, who will lead a new $10 billion group at the bank and act as a special advisor to Dimon.

“It’s a free country, and people make their own decisions,” Dimon said in an interview at the Chamber of Commerce on Thursday. “I did call Warren. He probably wouldn’t have preferred it, but he said, ‘if he’s going anywhere, at least he’s going to you.'”

Combs had been at Berkshire since 2010, where he served as CEO of Berkshire-owned Geico and as one of Buffett’s two investment managers. In a press release, Buffett said that Combs “has resigned to accept an interesting and important job at JPMorgan,” and that the bank made “a good decision.”

In his own press release about the hire, Dimon called Combs, a former member of JPMorgan’s board, “one of the greatest investors and leaders I’ve known.” Dimon has praised Buffett time and again over the years, saying that he “represents everything that is good about American capitalism and America itself” after the 95-year-old announced he would step down as Berkshire’s CEO. Business Insider contacted Berkshire Hathaway and JPMorgan for comment.

Dimon, 69, addressed questions of his own future as a corporate leader during Thursday’s interview. When asked whether he wants to stay in the job his characteristic five more years, Dimon said yes, “at least.”

“I love what I do. It’s up to the board how long I do it. As long as I have the energy and the spit in the eye and the fire in the gut, yeah, I want to do it,” he said.

And he said he has absolutely no interest in becoming the Fed Chair: “Absolutely, positively, no chance, no way, no how for any reason.” (Dimon reiterated the importance of the central bank’s independence in the interview, which has come into question in recent days given the Justice Department’s investigation. He said that President Donald Trump also thinks we need an independent board.)

If a president offered him the job of Treasury Secretary, however, Dimon said he would “consider it.” He’d need to understand “what they want and how they want to operate” before making a decision.

For now, though, Dimon said he’s happy to be his own boss.




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