J.P. Morgan

Banking magnate

Modern influential 132 sayings

Sayings by J.P. Morgan

You can't be a first-class man with a third-class mind.

unknown — Attributed, often cited in discussions of business acumen
Strange & Unusual Disputed

I would rather have a man's character than all the collateral in the world.

1912 — Testimony before the Pujo Committee
Strange & Unusual Unverifiable

I would rather have a man's character than all the collateral in the world.

1912 — Testimony before the Pujo Committee
Strange & Unusual Confirmed

The best way to make money is to stop losing it.

unknown — Attributed, often cited in financial advice
Strange & Unusual Unverifiable

The best way to make money is to stop losing it.

unknown — Attributed, often cited in financial advice
Strange & Unusual Disputed

Millionaires don't use Astrology, billionaires do.

Unknown — A surprising and often quoted statement, suggesting a belief in or at least an awareness of less con…
Strange & Unusual Unverifiable

A man always has two reasons for doing anything: a good reason and the real reason.

Unknown — A cynical yet insightful observation on human motivation.
Strange & Unusual Confirmed

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.

Unknown — Revealing his aggressive and results-oriented approach to legal counsel.
Strange & Unusual Confirmed

Gold is money. Everything else is credit.

Unknown — A definitive and absolute statement on the nature of currency and value.
Strange & Unusual Confirmed

Anybody has a right to evade taxes if he can get away with it.

Unknown — A controversial statement on tax avoidance.
Strange & Unusual Unverifiable

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. 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.

Unknown — A highly controversial and conspiratorial-sounding statement, suggesting a cynical view of social co…
Strange & Unusual Unverifiable

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

Unknown — An unexpected insight into his reliance on intuition.
Strange & Unusual Unverifiable

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

Unknown — A surprising self-reflection or critique from a titan of wealth.
Strange & Unusual Unverifiable

You can't unscramble eggs.

Unknown — A simple, folksy, yet profound statement on irreversibility.
Strange & Unusual Unverifiable

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

Unknown — Unexpected moral advice from a Gilded Age financier.
Strange & Unusual Unverifiable

Don't talk to me about appealing to the public.

Unknown — Revealing his disdain for public opinion and preference for direct action.
Strange & Unusual Unverifiable

When you expect things to happen – strangely enough – they do happen.

Unknown — An almost mystical observation on the power of expectation.
Strange & Unusual Unverifiable

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

Unknown — An unexpected emphasis on intangible qualities like character over tangible assets in finance.
Strange & Unusual Confirmed

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

Unknown — A cynical, humorous observation on the nature of debt and time.
Strange & Unusual Unverifiable

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

1905 — Business advice
Strange & Unusual Confirmed