| Title | : | Last Man Standing: The Ascent of Jamie Dimon and JPMorgan Chase |
| Author | : | |
| Rating | : | |
| ISBN | : | 1416599533 |
| ISBN-10 | : | 9781416599531 |
| Language | : | English |
| Format Type | : | Hardcover |
| Number of Pages | : | 352 |
| Publication | : | First published January 1, 2009 |
In Last Man Standing, award-winning journalist Duff McDonald chronicles Dimon's tumultuous rise: from his joining the legendary Sandy Weill at American Express fresh out of Harvard Business School to their building of Citigroup (and Dimon's unceremonious ouster) to his rescue of Bank One and, at the unprecedented age of forty-eight, his ascension to the top post at JPMorgan Chase -- a bank he transformed from a broken institution to the sine qua non of global banking in five short years.
Upon gaining unfettered access to Dimon, McDonald spent countless hours interviewing him and his full circle of family, friends, and colleagues to provide an unprecedented and deeply personal look at this extraordinary figure. Moving beyond Dimon's "fortress" balance sheets, McDonald reveals a dedicated family man whose uncanny facility with numbers and tireless work ethic are complemented by fierce loyalty and an unrelenting aversion to offi ce politics. Dimon, for the first time, shares detailed insights on the heart of his business and management philosophies, and industry titans such as Weill and Warren Buffett offer their analyses of his career.
At a time when Dimon's competitors watch their companies crumble, JPMorgan not only continues to weather the worst period in the history of Wall Street but is growing by leaps and bounds. The defi nitive biography of Jamie Dimon, Last Man Standing is by far the most comprehensive portrait of the only man in finance today who can be called an American hero.
Last Man Standing: The Ascent of Jamie Dimon and JPMorgan Chase Reviews
-
“When you’re in a commodity business, the only way to thrive is to be a low-cost producer. And when you’re selling money, you’re in a commodity business.”
-
Exciting blow-by-blow account of Jamie Dimon’s career and recent JP Morgan history. It is a fitting follow up book to Ron Chernow’s House of Morgan.
-
It is shame that this book was published in 2009 and not 2019 because Jamie Dimon and JPMorgan Chase have done incredibly well in the last decade.
The book is obviously a puff piece on Jamie Dimon and I am sure Dimon has some negative sides to him that was either conveniently left out or the author didn't want to dig those out.
However, I can certainly say that Dimon is a real operator, as real as they come - intelligent, cautious and straightforward.
There is a ton to learn from him and the author has done a great job of highlighting the traits that make Dimon such a "Sphinx-like" figure.
Being a CEO is not an easy job by any stretch of the imagination. While reading this book and the story of Jamie Dimon, I was constantly reminded that there is a difference between "Wanting to be liked" vs. "Wanting to be fair", and the latter commands more respect, both from your own self and the world.
I recommend this book 100%. -
One of the best books I've ever read! This writer has verve, style, and erudition.
-
Great book about a great banker
Though too much unrestricted praise for Dimon, he surely is one of the top bankers the world has seen. Very good book, with much history of each of Jamie's career steps and phases, and also the details of the banks and the decisions that were made. The Epilogue is unnecessary, as the comparison between Jamie and Sandy is vain ... saying that Jamie is bigger (or vice-versa) is irrelevant and wrong ... both are who they are, and accomplished what they accomplished, because of each other (would Sandy be Sandy without Jamie's sharp mind? And would Jamie be Jamie if Sandy had not believed in him and gave him all the exposure to the core of banking in his early 30's?). Overall, a great book for anyone who wants to learn more about the banking industry, and one of its main protagonists. -
Great insight about Jamie Dimon outstanding career, one of the greatest Wall Street bankers. Jamie discipline, hard work and leadership style help him to get to the top and managed JP Morgan in an incredible way through the 2008 financial crisis.
-
Fascinating, but should have focused more on the man... we kinda know that Hank Paulson was a lousy Secretary and that Bear Stearns was a mess.
-
Fantastic book. It's highly insightful on the banking industry in the US in the past 2 decades as well as on Jamie Dimon. The book is very well written and very thoroughly researched, with lots of quotations from books, articles, earning calls, annual reports, and quotes from people closed to the situation.
While some says the book paints a too rosy picture of Jamie Dimon, I find the author has done a great job of balancing the views by giving views from both sides of the camp always.
It's one of those I really struggle to put it down. It's the last thing I put away before I sleep and first thing I grab in the morning.
Highly recommended for anyone interested in banking industry, finance, investment... -
Although the story of Jamie Dimon is truly enchanting and interesting to read, I was not satisfied the way the author puts it. There are gaps in the narration, and I often found myself puzzled with some parts and how they are related to the story. Most of the stuff written in the book seems as if you're reading a news report rather than actual narration of Jamie Dimon's life and his achievements.
The style of writing is flawed but I thoroughly enjoyed the aspects of Jamie's hard work, intelligence ,style of leadership and emphasis on building stable businesses. I would not recommend this book if you do not have much familiarity with technical aspects of the financial sector. -
Wall Street and high finance is perceived by many to be cold, soulless and callous - and Jamie sits right at the pinnacle.
I enjoyed the humanising theme running throughout the book. It’s clear that Jamie prioritises loyalty above all else and most of his decisions are guided by this principle. Loyalty to his mentor, his companies, his family (including the family dog!).
It’s also exciting to have a serialised account of all the career risks and gambles that he had to take for him to end up where he is today. -
This is a real book of self-masturbation.
Jamie depicts himself as amazing at everything he does (including women falling to his feet and all the students being wowed by his questions in class), and doesn’t share real struggles. He also confesses (proudly) that he came from a “convenient” background. This is a man that was handed success from birth, with all of America’s riches being family friends and offering him opportunities. Not a lot to learn from it to apply to my own life. NOT RECOMMENDED. -
There are two types of biographies that generally work. (A) Autobiographies - where you’re chasing the author’s voice and perspective. Or (B) where the author’s position is so remarkably aligned to the subject’s style, that the subject is brought to life in vivid colour. Last Man Standing wins at the latter, many times over. This is above and beyond all there is to take away from Dimon and his way of life. Solid gold.
-
I really enjoyed hearing Jamie Dimon’s life and career. It was great to read how he thinks, his character, his decision making, and his values. I love that he treats everyone fairly and demands fairness from everyone around him. I like his bluntness and courage to stick up for what is right. He’s truly a leader in every definition of the word. His company, country, and the world are better off because of him.
-
Good history of Jamie Dimon-intesting even if at times is appears to be overly adoring. And the author doesn't seem to have a good understanding for how the financial system works or what happened in 2008. But a good account of Jamie's life-a very impressive man.
-
Above Average Read
Solid biography. Slow in some spots and overly flattering in others, however it succeed at providing an interesting look into the life of a rather unconventional Wall Street CEO. -
It half-demystified finance for me, a daily review of essential quotes is enough to get me through the drudgery of life
-
Informative and interesting read
Enjoyable read that delved into the making of Jamie Dimon in each step of his life. Highly recommend this book. -
Great biography of Jamie Dimon. Also gets into the details of the 2008 Financial crisis, and gives you an in-depth look at Sandy Weill, who was Dimon's mentor.
-
Everybody’s got their own value system. In mine, I want to be buried with a little self-respect one day.
