Invested
Changing Forever the Way Americans Invest
New York : Currency, [2019]
Format: Book
Edition: First edition.
Description: viii, 338 pages, 8 unnumbered pages of plates : illustrations (some color) ; 25 cm
"In this deeply personal memoir, Schwab describes his passion to have Main Street participate in the growing economy as investors and owners, not only earners. Schwab opens up about his dyslexia and how he worked around and ultimately embraced it, and about the challenges he faced while starting his fledgling company in the 1970s. A year into his grand experiment in discounted stock trading, living in a small apartment in Sausalito with his wife, Helen, and new baby, he carried a six-figure debt and a pocketful of personal loans. As it turned out, customers flocked to Schwab, leaving his small team scrambling with scarce resources and no road map to manage the company's growth. He recounts the company's game-changing sale to Bank of America - and how, in the end, the merger almost doomed his organization... A remarkable story of a company succeeding by challenging norms and conventions through decades of change, Invested also offers unique insights and lifelong principles for listeners - the values that Schwab has lived and worked by that have made him one of the most successful entrepreneurs of our time."-- Dust jacket flap.
Contents:
Part I: Getting started. May day ; A sense of independence ; I had a lot of jobs ; Always a struggle ; A piece of the action ; Enter Uncle Bill ; The transaction specialist -- Part II: Riding a rocket. A vaguely disreputable threat ; No salesperson will call ; Uncle Bill gets his branch ; Beta ; Never ending, endlessly frustrating ; Capital and credibility ; The new kid ; A raging case of the yips ; Open revolt ; Free at last ; Don't push your luck ; Tsunami -- Part III: Boom and bust. Advancing the revolution ; Life intercedes ; The network ; Unlike anything I had experienced -- Part IV: Second act. A very difficult decision ; We've got his ; Implement it all ; Talk to Chuck ; A jewel -- Part V: Time tested. You have to be optimistic ; Ready ; Coiled spring ; Chuck's secret sauce ; Epilogue: Personal reflections.
Subjects:
Schwab, Charles.
Investment advisors -- United States -- Biography.
Financial services industry -- United States.
Investments -- United States.
Schwab, Charles.
Investment advisors -- United States -- Biography.
Financial services industry -- United States.
Investments -- United States.
ISBN:
9781984822543
Availability | |||
---|---|---|---|
Call Number | Location | Shelf Location | Status |
BIOGRAPHY Schwab, Charles | Main (Downtown) | Third Level, Biography | Out (Due: 5/3/2024) |