All right. David i dont consider myself a journalist. And, nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . We are here today with chuck schwab, one of the bestknown figures in the American Business world, certainly has been so over the last several decades because of his ubiquitous face and his ads, but also because of the Great Company he has built, which is one of the leading Financial Service companies in the united states. He has now just written a book, called invested by Charles Schwab, and i want to talk about that. Let me start by asking about something you made news with just recently. Your Company Announced you are not just going to do discount brokerage, you are going to give away brokerage for free. In other words, if i want to buy some stock, i call up, i have an account, and i trade for fre
I hope that you send him a dozen roses today because he will not be there to receive them. And you have the armani story. Everyone on global wall street must be focused this weekend on the soap opera going on. Banking is think left, right, and center. And i have a chart looking at the swiss franc. What it means for the further negative. But first, lets get straight to the bloomberg first word news with viviana hurtado. Begin with the coronavirus outbreak. It is getting tougher to gauge the true scope of it because china has provided the data that the death toll was lowered to less than 1400. Now there are more than 53,000 reported. U. S. Officials are stepping up criticism of chinas response. A stunning rebuke of President Trump from one of his most trusted cabinet numbers. William barr saying that tweets and remarks about going ongoing cases make his job impossible. Already vowed to veto a resolution to restrict his ability to wage war against iran. To be passed by the u. S. House, it
That to come. But heres editor joel weber. Joel we put together a holiday cover for you. Jason what a year. Joel this is one of the biggest stories of the year. And it started with we work, even preipo chatter. As that coverage developed and went on and on, there was another story we started to think about, which was softbank, one of the biggest investors and we were. We work. Carol softbank, we did talk about it so much. What i love is that you guys go into the layers of softbank division fund. Obviously the leader of it all, but also other players. Visionary at softbank, especially at division fund, this outside force in Silicon Valley, 100 billion vc fund that can do a lot of work because it has so much money. One of the ways it can do that is go into we work and bankroll we work, a Business Model that may not have been for the long haul. Carol funny you talk about the Business Model. Jason joel lets flood the zone with money. Go big or go home. Sometimes that works. We they have ha
Streets of chile. We put together a holiday cover for you guys. Quite a cover talking about softbank. We think this is one of the biggest stories of the year. It started with we work, which the magazine covered early on. Coverage developed and went on and on, there was another story we started think about, which was softbank. Softbank, we did talk about it so much this year. What i love about the story, you go into the layers of softbank. Obviously the leader of the role, but there are other players. The guy who is the visionary at softbank, especially the vision fund. This outsized force in silicon billion that can do a lot of things because it has so much money. It can go into we work and basically bankroll we work, which is a Business Model that might not have been right for the long haul yet. You were aggressive. Go big or go home was the strategy behind softbank. Sometimes that worked. Other times it doesnt. This story reveals the culture within softbank and the vision fund where
Millions marching into the streets of chile. Jason all that to come. But heres editor joel weber. Joel we put together a holiday cover for you. Jason what a year. Joel this is one of the biggest stories of the year. And it started with we work, even preipo chatter. As that coverage developed and went on and on, there was another story we started to think about, which was softbank, one of the biggest investors and in wework. Carol softbank, we did talk about it so much. What i love is that you guys go into the layers of softbank division fund. Obviously the leader of it all, but also other players. Joel the visionary at softbank, especially at division fund, this outside force in Silicon Valley, 100 billion vc fund that can do a lot of work because it has so much money. One of the ways it can do that is go into we work and bankroll we work, a Business Model that may not have been for the long haul. Carol funny you talk about the Business Model. Joel lets flood the zone with money. Go bi