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. And his life, which is incredible. 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, a
Tips for me . Do you have any good ideas for me of what i can do with my money . Charles how about an index fund . Would you fix your tie, please . David well, people would not recognize me if my tie was fixed, but ok. Just leave it this way. All right. 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. And his life, which is incredible. Let me start b
I want to be a successful real estate developer. What is the skill set . Stephen to be successful in anything you have to have a , passion for what you are doing. David lets talk about your ye philanthropy. You have signed the giving pledge with no gates and Warren Buffett and so forth. Why did you do that . What did why did you give david so one of the causes you have is something i would like to talk about. You have been very open about it, unlike many people who have this problem. It is called dyslexia. Charles right. David and for those who are not familiar with it, it basically means it is difficult for you to read in the conventional way that the average person can read. Charles right. David but, the amazing part, in your book, as you describe it, is that you had it for much of your life, and you did not know you actually had it. Charles right. David can you explain it . Charles our youngest son was about seven or eight. We had him diagnosed. It turns out he had all the similar,
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, who is 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 were going to talk about that and his life, which is quite incredible. Let me start by asking about something you made news with just recently. Your Company Announced you are not really going to just do discount brokerage, you are going to give away brokerage for free. In other words, if i want to buy some stock, i
The dow down 879. Combine with more than a thousand point loss of yesterday, it is drop of over 1900, this steepest two day drop of dow has seen in history. This is significant, also remember, dow less than 500 points from correction territory that is down about 10 from the highs, we saw a big flight to safety today, continued one, which is also a red flag, yield on 1 10year note a little bit higher than 1. 3 , also hitting record lows, now latest coronavirus numbers is what is spooking the market. In china more than 77,000 cases, in italy 322 in iran 95. And that spread outside that took investors off guard. This selling all on the back of more concerns that you could see the spread come to the United States today cdc warning it is not a matter of if, but when the virus hits the states, and how many people will contract a severe illness. You had hhs secretary weighing in on that. There is now Community Transmission in a number of countries including outside of asia. That is concerning