Charles Schwab
How One Company Beat Wall Street and Reinvented the Brokerage Industry
by:
John Kador
in:
Investing
Summary:
The book chronicles the rise of Charles Schwab Corporation and its founder, detailing how the firm revolutionized the brokerage industry by offering low-cost, accessible trading to the average investor. It explores the strategies and innovations that allowed the company to thrive and outmaneuver traditional Wall Street firms.
Key points:
1. Tech Disruption: Charles Schwab revolutionized trading with computer systems in the 70s, cutting costs and speeding up transactions.
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