Duff McDonald Quotes

• Any chief executive who hires a consultant to give them strategy should be fired.

  Duff McDonald

  Giving, Strategy, Should

  Duff McDonald (2014). “The Firm: The Inside Story of McKinsey, The World's Most Controversial Management Consultancy”, p.113, Oneworld Publications

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• When you're in a commodity business, the only way to thrive is to be a low-cost producer. And when you're selling money, you're in a commodity business.

  Duff McDonald

  Cost, Banking, Way

  Duff McDonald (2009). “Last Man Standing: The Ascent of Jamie Dimon and JPMorgan Chase”, p.151, Simon and Schuster

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• The goal [is] not only to earn high returns at the top of the cycle but also to avoid giving them back at the bottom.

  Duff McDonald

  Giving, Goal, Banking

  Duff McDonald (2009). “Last Man Standing: The Ascent of Jamie Dimon and JPMorgan Chase”, p.235, Simon and Schuster

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