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Benzinga
Benzinga
Business
Namrata Sen

At 14, Jamie Dimon Owned His First Stock, Watched A 45% Market Crash Only To Learn This Investment Lesson: 'History Does Rhyme'

Dimon JPM JPMorgan JPMorgan Chase JPMorgan Chase & Co
Jamie,Dimon,Attends,Ceremony,For,Final,Steel,Beam,Wrapped,With

Jamie Dimon, the CEO of JPMorgan Chase & Co. (NYSE:JPM), revealed the pivotal investment lesson he learned as a teenager and how it has shaped his approach to risk management.

What Happened: Dimon, during an interview at New York's Radio City Music Hall on Wednesday, revealed that he bought his first stock at 14 in 1972, witnessed a 45% market nosedive within two years. This experience instilled in him a core lesson to always factor for the invisible risks, stated the CEO.

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