Charles Schwab on a Life in Investing

Charles Schwab on a Life in Investing

Assessment

Interactive Video

Business

University

Hard

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The transcript covers a discussion with Chuck Schwab about his new book 'Invested', the introduction of zero commission trades, and its impact on Schwab's business. Schwab explains how the company plans to offset revenue loss through increased client volume and other services. The conversation also touches on potential industry consolidation, Schwab's company values, and investment strategies. Schwab emphasizes the importance of innovation and maintaining company values to ensure sustainable growth.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the introduction of zero commission for transactions impacted the company's revenue?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest about the relationship between cutting commissions and gaining more clients?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the speaker believe technology has benefited their business?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the book titled 'Invested' according to the speaker?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker describe the current economic environment and its effect on investors?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What lessons does the speaker want readers to take away from their experiences shared in the book?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the core values that the speaker emphasizes for their company?

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