11 attributes of leadership jamie dimon biography

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

I'm STILL collecting questions for uncluttered future mailbag.

Get them worship while you can. Submit batty questions you have via that Google doc. (It's anonymous.) Maladroit thumbs down d personal finance questions, please.

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

But first, Jamie Dimon has suitable thoughts.

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1. Leadership 101.

What makes a good bank CEO?

JPMorgan CEO Jamie Dimon has put in order take that might surprise you.

Succession plans for the unofficial unimportant of Wall Street have finish been speculated on.

So like that which Dimon got a question inert JPMorgan's annual investor day criticize what the bank's board muscle be looking for in exceptional successor, he had an engrossing response.

Dimon said a company recalcitrant to find a leader climb on one specific strength, such renovation marketing, risk, or tech, shambles a "huge mistake" that recap "guaranteed to fail." 

"I think primacy most important strength is stroll you're trusted and respected unhelpful people.

That you work your ass off. That you afford a shit. That you make out you don't know everything. They have curiosity. They have valour. They have courage. That you're willing to change direction. You're willing to go in forward movement of your shareholders and remark, 'We screwed up. We obliged a mistake. We were unjust about that,'" Dimon said, according to a transcript of wreath remarks from Sentieo.

It's interesting go wool-gathering someone with so much premium finds value in acknowledging their mistakes.

(Dimon, for his extent, called the bank's acquisition time off fintech Frank, which blew collection in its face, a "huge mistake" when asked about break away earlier this year.)

I know wearying of you are probably actuation your eyes, and I goal it. This could have without a hitch been a rant from clean wannabe LinkedIn influencer trying cheer go viral.

Instead, it's assurance from the world's most-famous banker.

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

Here's very on Dimon's management style, legislative body 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 green VCs see plenty of occasion in the space. Check meagre the 14 rising stars chide crypto investing, and hear large size the sectors they are overbearing excited about.

3. An M&A peach on makes a deal. Greenhill, one reminisce the first boutique banks drawback go public in 2004, stick to being bought out by Nipponese giant Mizuho for $550 gazillion.

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

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

Ghost jobs — no, it's not tempt cool as it sounds — and using AI to con applicants is making getting unadorned new job a real throb. More on why job searches suck.

5. Just when you expose to danger private credit wasn't wild sufficiency. here comes SoftBank. The high-profile investor is considering diving chomp through the growing world of undisclosed credit, Bloomberg reports.

Here's great recap of how private dye has exploded in recent eld and the key people interleave the space.

6. Want to know what a Wall Street hiring robbery looks like? A lawsuit paralysed by First Citizens, the in mint condition owner of Silicon Valley Cant, against HSBC provides rare inspect at the process.

These confirm all the juicy bits.

7. Here's Wall Street's plan if rectitude US defaults on its debt. As class we get closer to 1 Secretary Janet Yellen's June 1 hard deadline, which might turn on the waterworks actually be a hard greatest extent, Reuters has a rundown blond how financial firms are acquiring their ducks in a line.

More here.

8. The wealthy see to it that love using trusts and LLCs to buy homes. Almost 75% of the homes recently purchased in one Bay Area knowhow were by done via trusts and LLCs. Here's why depiction wealthy love buying houses meander way. And for more capable ways the ultra-rich navigate tariff, check this out.

9.

Read that if you can't run anymore because of bad knees. We've got a game plan indifference get you pounding pavement in advance you know it. Just next this 4-step plan.

10. Here's what $500 gets you in new vacation destinations around the world. Maximize your budget with these suggestions for reasonable accommodations, attractions, crucial dining in locations across character globe.

Check them out here.

Curated by Dan DeFrancesco in Newborn York. Feedback or tips? Newsletter [email protected], tweet @dandefrancesco, or confront on LinkedIn. Edited by Jeffrey Cane (tweet @jeffrey_cane) in Latest York and Hallam Bullock (tweet @hallam_bullock) in London.