Showing posts from August, 2012


I seek a non-seeking mind.

Developing Leaders

Recently, I bought some JP Morgan  stock[NYSE: JPM]. Following my hero, Charlie Munger's advice, I did do my homework before purchasing the equity. Part of my homework was to read Jamie Dimon's letter to JPM shareholders. It is a very interesting read. I was impressed with the clarity and detail Mr. Dimon outlined how he thinks about developing leaders for a multinational corporation. I practically agree with everything he said in the letter. Following is the edited version of Mr. Dimon's thoughts on leadership:   Leadership is an honor, a privilege and a deep obligation. When leaders make mistakes, a lot of people can get hurt. Being true to oneself and avoiding self-deception are as important to a leader as having people to turn to for thoughtful, unbiased advice. Emotional Quotient [EQ] matters in management. EQ can include empathy, clarity of thought, compassion and strength of character.  Good people want to work for good leaders. Bad leaders can drive ou