J. P. Morgan

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To love one person with a private love is poor and miserable: to love all is glorious.
Thomas Traherne
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John Pierpont Morgan (1837-04-171913-03-31) was an American financier, banker, philanthropist and art collector who dominated corporate finance and industrial consolidation during his time.


  • I owe the public nothing.
  • A man always has two reasons for doing anything: a good reason and the real reason.
  • Go as far as you can see; when you get there, you'll be able to see farther.
  • If you have to ask how much it costs, you can't afford it.
  • 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.
  • 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.
  • 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.
  • When you expect things to happen - strangely enough - they do happen.
  • Money equals business which equals power, all of which come from character and trust.
  • Of all forms of tyranny the least attractive and the most vulgar is the tyranny of mere wealth, the tyranny of plutocracy.
  • I made a fortune getting out too soon.
  • When the house is on fire good girls have to get out as well as the bad ones.
  • Anyone can be a millionaire, but to become a billionaire you need an astrologer.
  • Remember, my son, that any man who is a bear on the future of this country will go broke.
  • Asked [by the lawyer for a congressional investigating committee in 1912]: "Is not commercial credit based primarily upon money or property?"
"No sir," replied Morgan. "The first thing is character."
"Before money or property?"
"Before money or anything else. Money cannot buy it...Because a man I do not trust could not get money from me on all the bonds in Christendom."
  • Any man who does not carry with him the value of all of the men around him does not carry the value to spend my time.
  • Any man who does not carry freedom in his wallet has no value to his life, or the flexibility to switch between cash or points.

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