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"Banks don't want certain asset classes, and that's created opportunities for private equity, hedge funds, Silicon Valley. In this case I think he was referring to some of the European banks shedding assets, and the big buyers are probably not going to be big American banks. Someone like Blackstone may have a very good chance to buy those assets, leverage them, borrow up a little bit, and do something good there."

— Jamie Dimon
jamie dimon Quotes Equity,Private Equity,Buyers

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Jamie Dimon
Equity
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Assets
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Hedge Fund

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Rosneft, for instance, was mainly built upon capital stolen from [jailed oligarch Mikhail] Khodorkovsky's company, but the IPO was successful with many Western corporations investing in it. This means that it is extremely difficult to detect these assets in their pure form.

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Today, financial capital is no longer the key asset. It is human capital. Success is no longer about economic competence as the main leverage. It is about emotional intelligence. It is no longer about controls. It is about collaboration. It is no longer about hierarchies. It is about leading through networks. It is no longer about aligning people through structures and spreadsheets. It is about aligning them through meaning and purpose. It is no longer about developing followers. It is about developing leaders.

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