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![Benzinga Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::44060322.png) Benzinga [@Benzinga](/creator/twitter/Benzinga) on x 306.8K followers
Created: 2025-07-22 15:00:16 UTC

Jamie Dimon recently shared a story about a 1999 meeting with Jeff Bezos that nearly changed the course of his career. 

At the time, Bezos was searching for a company president for Amazon, and the two quickly hit it off. Dimon joked that if he had taken the role, he’d be living on a houseboat and never wearing a suit again.

Despite the connection, he passed on the opportunity. Uprooting his family and leaving the finance world just didn’t feel right. Back then, Amazon’s market cap was only around $X billion. Dimon returned home and began weighing other career moves, receiving offers from major banks, AIG, and even Home Depot’s founders.

Ultimately, he chose to lead the struggling Bank One in Chicago, despite warnings that it was beyond saving. He invested $XX million of his own money, half his net worth at the time, and committed to rebuilding it from within.

On the Acquired podcast, Dimon also shared his guiding investment principle: “don’t blow up.” It’s a mindset that helped shape JPMorgan Chase’s approach to risk. 

He learned early on about unexpected losses, recalling his first stock purchase at XX and watching the market drop XX% soon after. That lesson still guides him today.

![](https://pbs.twimg.com/media/GweGUSGW0AEs0AW.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947673053011288071/c:line.svg)

**Related Topics**
[jeff bezos](/topic/jeff-bezos)

[Post Link](https://x.com/Benzinga/status/1947673053011288071)

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Benzinga Avatar Benzinga @Benzinga on x 306.8K followers Created: 2025-07-22 15:00:16 UTC

Jamie Dimon recently shared a story about a 1999 meeting with Jeff Bezos that nearly changed the course of his career.

At the time, Bezos was searching for a company president for Amazon, and the two quickly hit it off. Dimon joked that if he had taken the role, he’d be living on a houseboat and never wearing a suit again.

Despite the connection, he passed on the opportunity. Uprooting his family and leaving the finance world just didn’t feel right. Back then, Amazon’s market cap was only around $X billion. Dimon returned home and began weighing other career moves, receiving offers from major banks, AIG, and even Home Depot’s founders.

Ultimately, he chose to lead the struggling Bank One in Chicago, despite warnings that it was beyond saving. He invested $XX million of his own money, half his net worth at the time, and committed to rebuilding it from within.

On the Acquired podcast, Dimon also shared his guiding investment principle: “don’t blow up.” It’s a mindset that helped shape JPMorgan Chase’s approach to risk.

He learned early on about unexpected losses, recalling his first stock purchase at XX and watching the market drop XX% soon after. That lesson still guides him today.

XXXXX engagements

Engagements Line Chart

Related Topics jeff bezos

Post Link

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