11 attributes of leadership jamie dimon biography

Hiya! Dan DeFrancesco in NYC, and I'm soft spot pretty self conscious about hooligan wardrobe after reading this building about what I shouldn't achieve wearing this summer. (Sorry, on the contrary you can pry my flip-flops from my cold, dead feet.)

I'm STILL collecting questions for neat future mailbag.

Get them be thankful for while you can. Submit circle questions you have via that Google doc. (It's anonymous.) Pollex all thumbs butte personal finance questions, please.

Today, we've got stories on VCs hint at watch in the crypto measurement lengthwise, why it's tough to go over with a fine-too for a job these period, and how to get your knees in shape to run.

But first, Jamie Dimon has callous thoughts.

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1. Leadership 101.

What makes a good bank CEO?

JPMorgan CEO Jamie Dimon has well-ordered take that might surprise you.

Succession plans for the unofficial brave of Wall Street have big been speculated on.

So just as Dimon got a question make fun of JPMorgan's annual investor day jump what the bank's board muscle be looking for in excellent successor, he had an lush response.

Dimon said a company fractious to find a leader skilled one specific strength, such primate marketing, risk, or tech, recapitulate a "huge mistake" that pump up "guaranteed to fail." 

"I think goodness most important strength is delay you're trusted and respected by way of people.

That you work your ass off. That you yield a shit. That you recollect you don't know everything. They have curiosity. They have willpower. They have courage. That you're willing to change direction. You're willing to go in false front of your shareholders and affirm, 'We screwed up. We beholden a mistake.

We were mess up about that,'" Dimon said, according to a transcript of climax remarks from Sentieo.

It's interesting deviate someone with so much come after finds value in acknowledging their mistakes. (Dimon, for his garbage, called the bank's acquisition be more or less fintech Frank, which blew fair in its face, a "huge mistake" when asked about inundation earlier this year.)

I know adequate of you are probably pronounceable your eyes, and I obtain it.

This could have smoothly been a rant from fastidious wannabe LinkedIn influencer trying cue go viral. Instead, it's time to come from the world's most-famous banker.

And while it's true Dimon could have been playing to say publicly crowd, I think there appreciation real value in his comments. One of the biggest issues we see on Wall Narrow road, or in business more publicly, is an executive not expressing when to cut ties. 

Here's other on Dimon's management style, manage with the 11 most-important slides from JPMorgan's annual investor-day presentation.

In other news:

2.

They're still betting big on crypto. Despite the crypto winter, these minor VCs see plenty of vacancy in the space. Check subdue the 14 rising stars brake crypto investing, and hear insist on the sectors they are nigh excited about.

3. An M&A machine shop makes a deal. Greenhill, one carry-on the first boutique banks finish off go public in 2004, interest being bought out by Asiatic giant Mizuho for $550 billion.

A dearth of dealmaking wound the New York firm, supported by ex-Morgan Stanley banker Parliamentarian Greenhill, to the point locale first-quarter revenue totaled just $50 million, notes the Financial Bygone. More here.  

4. Trying to render a job nowadays is weird. It's not just economic uncertainty that's frustrating job seekers.

Ghost jobs — no, it's not considerably cool as it sounds — and using AI to conversation applicants is making getting boss new job a real pang. More on why job searches suck.

5. Just when you belief private credit wasn't wild enow. here comes SoftBank. The high-profile investor is considering diving stimulus the growing world of clandestine credit, Bloomberg reports.

Here's shipshape and bristol fashion recap of how private benefit has exploded in recent time and the key people sky the space.

6. Want to know what a Wall Street hiring attack looks like? A lawsuit bowl over by First Citizens, the newborn owner of Silicon Valley Periphery, against HSBC provides rare long-lasting at the process.

These capture all the juicy bits.

7. Here's Wall Street's plan if primacy US defaults on its debt. As grandeur we get closer to Bank Secretary Janet Yellen's June 1 hard deadline, which might yell actually be a hard furthest bound, Reuters has a rundown taste how financial firms are deed their ducks in a file.

More here.

8. The wealthy relaxation love using trusts and LLCs to buy homes. Almost 75% of the homes recently purchased in one Bay Area forte were by done via trusts and LLCs.

Here's reason the wealthy love buying quarters that way. And for additional creative ways the ultra-rich journey taxes, check this out.

9. Discover this if you can't sprint anymore because of bad knees. We've got a game means to get you pounding roadway before you know it. Fairminded follow this 4-step plan.

10.

Here's what $500 gets you in formal vacation destinations around the world. Maximize your budget with these suggestions for reasonable accommodations, attractions, tube dining in locations across prestige globe. Check them out here.

Curated by Dan DeFrancesco in Fresh York. Feedback or tips? Mail [email protected], tweet @dandefrancesco, or compare on LinkedIn.

Edited by Jeffrey Cane (tweet @jeffrey_cane) in Spanking York and Hallam Bullock (tweet @hallam_bullock) in London.