John Pierpont Morgan was a successful American financier and industrial organizer during the two decades preceding World War I.
He played a crucial role in reorganizing major railroads and financing industrial consolidations that led to the formation of corporations like U.S. Steel, General Electric and International Harvester.
Morgan began his career at Duncan, Sherman and Company and later became a partner at Drexel, Morgan and Company, which evolved into J.P. Morgan and Company, one of the world’s most powerful banking houses.
He used his connections with the London financial world to provide capital to rapidly growing US industrial corporations, stabilized railroad competition and formed syndicates that helped avert financial crises.
Even after accumulating vast control over financial institutions and earning distrust from some quarters, Morgan remained a dominant figure in American capitalism until his death.
Furthermore, he was a significant art and book collector, donating many works to the Metropolitan Museum of Art and leaving his collection to the public, which is now part of the Morgan Library & Museum.
I have shortlisted the best quotes by JP Morgan in this blog post.
Best JP Morgan Quotes
You have no right to own a yacht if you ask that question. ~ JP Morgan.
You can’t pick cherries with your back to the tree. ~ JP Morgan.
Anyone can be a millionaire, but to become a billionaire you need an astrologer. ~ JP Morgan.
Let every lion do his duty. ~ J.P. Morgan.
Money equals business which equals power, all of which come from character and trust. ~ JP Morgan.
The wise man bridges the gap by laying out the path by means of which he can get from where he is to where he wants to go. ~ JP Morgan.
Famous JP Morgan Quotes
No problem can be solved until it is reduced to some simple form. The changing of a vague difficulty into a specific, concrete form is a very essential element in thinking. ~ JP Morgan.
I made a fortune getting out too soon. ~ J.P. Morgan.
If you have to ask how much it costs, you can’t afford it. ~ JP Morgan.
Well, I don’t know as I want a lawyer to tell me what I cannot do. I hire him to tell how to do what I want to do. ~ JP Morgan.
Go as far as you can see; when you get there, you’ll be able to see farther. ~ JP Morgan.
A man generally has two reasons for doing a thing. One that sounds good, and a real one. ~ JP Morgan.
A man always has two reasons for doing anything: a good reason and the real reason. ~ J.P. Morgan.
When you expect things to happen – strangely enough – they do happen. ~ JP Morgan.
Inspiring JP Morgan Quotes
Millionaires don’t use astrology…the billionaires do. ~ JP Morgan.
Decide that you are not going to stay where you are. ~ JP Morgan.
If that’s all he can get, and he takes it, I should say it’s enough. ~ JP Morgan.
Gold is money. Everything else is credit. ~ JP Morgan.
I’ll do business with anyone, but I’ll only go sailing with gentlemen. ~ JP Morgan.
Anyone who has to ask about the annual upkeep of a yacht can’t afford one. ~ JP Morgan.
When a man abuses his power, he loses it. ~ JP Morgan.
Nothing so undermines your financial judgement as the sight of your neighbor getting rich. ~ JP Morgan.
I’m not in Wall Street for my health. ~ JP Morgan.
Giving debt relief to people that really need it, that’s what foreclosure is. ~ JP Morgan.
When I have business on hand I think it is better to have it done quickly. ~ JP Morgan.
Top JP Morgan Quotes
No price is too great for a work of unquestioned beauty and known authenticity. ~ JP Morgan.
My first guess is sometimes right. My second never is. ~ JP Morgan.
The first step towards getting somewhere is to decide that you are not going to stay where you are. ~ JP Morgan.
Never sell a bear in the United States. ~ JP Morgan.
If you have to ask how much it costs, you can’t afford it. ~ JP Morgan.
It was not really a question of price. It was a question of success. ~ JP Morgan.
Popular JP Morgan Quotes
No problem can be solved until it is reduced to some simple form. The changing of a vague difficulty into a specific, concrete form is a very essential element in thinking. ~ JP Morgan.
You are affluent when you buy what you want, do what you wish and don’t give a thought to what it costs. ~ JP Morgan.
You can’t unscramble eggs. ~ JP Morgan.
If you want time to pass quickly, just give a banker your note for 90 days. ~ JP Morgan.
Anybody has a right to evade taxes if he can get away with it. No citizen has a moral obligation to assist in maintaining his government. ~ JP Morgan.
A man I do not trust could not get money from me on all the bonds in Christendom. I think that is the fundamental basis of business. ~ JP Morgan.
