Don’t Blindly Follow Jamie Dimon, Deutsche Bank Says (WSJ)

Highlights:
Just because Jamie Dimon bought J.P. Morgan Chase JPM +8.33% & Co. stock, doesn’t mean you should, Deutsche Bank DBK.XE +12.06% analysts told clients Friday.

Deutsche Bank analysts say that Mr. Dimon’s purchase of JPM stock for about $26 billion is equivalent to about 3% of his net worth. “Still, it is a whole year’s pay, not to be sniffed at.”

Source
http://blogs.wsj.com/…/dont-blindly-follow-jamie-dimon-deu…/

 

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