[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Benzinga [@Benzinga](/creator/twitter/Benzinga) on x 306.7K followers Created: 2025-07-21 23:59:50 UTC At just XX years old, Jamie Dimon bought his first stock in 1972. Within two years, the market crashed by XX percent. That early loss taught him a lasting lesson about risk and volatility. Speaking recently at Radio City Music Hall, Dimon recalled how the crash wiped out limousines on Wall Street and closed restaurants. “Markets move violently,” he said. From the 1929 crash to the dot-com bust, he noticed a common cause: too much leverage and risk. His father, a stockbroker, guided his early investing. That foundation shaped Dimon’s belief in preparing for the worst, including rare but devastating events known as “fat tails.” This mindset has defined his leadership at JPMorgan Chase. During boom times, Dimon focuses on survival rather than chasing high returns. His approach helped the bank navigate the 2008 financial crisis and remain stable during turbulent periods. Recently, he warned investors not to underestimate the risk of rising interest rates. Despite a cautious stance, JPMorgan’s earnings have remained strong. And while Dimon has been critical of cryptocurrency in the past, some like Jim Cramer now believe he may eventually warm to it—especially as Bitcoin continues to rally.  XXXXX engagements  **Related Topics** [wall street](/topic/wall-street) [coins music](/topic/coins-music) [volatility](/topic/volatility) [Post Link](https://x.com/Benzinga/status/1947446450817826951)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Benzinga @Benzinga on x 306.7K followers
Created: 2025-07-21 23:59:50 UTC
At just XX years old, Jamie Dimon bought his first stock in 1972. Within two years, the market crashed by XX percent. That early loss taught him a lasting lesson about risk and volatility.
Speaking recently at Radio City Music Hall, Dimon recalled how the crash wiped out limousines on Wall Street and closed restaurants. “Markets move violently,” he said. From the 1929 crash to the dot-com bust, he noticed a common cause: too much leverage and risk.
His father, a stockbroker, guided his early investing. That foundation shaped Dimon’s belief in preparing for the worst, including rare but devastating events known as “fat tails.”
This mindset has defined his leadership at JPMorgan Chase. During boom times, Dimon focuses on survival rather than chasing high returns. His approach helped the bank navigate the 2008 financial crisis and remain stable during turbulent periods.
Recently, he warned investors not to underestimate the risk of rising interest rates. Despite a cautious stance, JPMorgan’s earnings have remained strong.
And while Dimon has been critical of cryptocurrency in the past, some like Jim Cramer now believe he may eventually warm to it—especially as Bitcoin continues to rally.
XXXXX engagements
Related Topics wall street coins music volatility