Invested: Changing Forever the Way Americans Invest

Invested: Changing Forever the Way Americans Invest

â€œTo say Charles Schwab is an entrepreneur is actually an understatement. He really is a revolutionary.â€â€”Phil Knight, co-founder of Nike, author ofÂ Shoe Dog

The founder of The Charles Schwab Corporation recounts his ups and downs as he made stock investing, once the expensive and clubby reserve of the few, accessible to ordinary Americans.
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In this deeply personal memoir, Schwab describes his passion to have Main Street participate in the growing economy asÂ investorsÂ andÂ owners,Â not only earners.Â Schwab opens up about his dyslexia and how he worked around and ultimately embraced it, and about the challenges he facedÂ while starting his fledgling company in the 1970s. AÂ 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 companyâ€™s growth.
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He recounts the companyâ€™s game-changing sale to Bank of Americaâ€”and how, in the end, the merger almost doomed his organization.Â We learn about the clever and timely leveraged buyout he crafted to regain independence; the crushing stock market collapse of 1987, just weeks after the company had gone public;Â the dot-com meltdown of 2000 and its reverberating aftermath of economic stagnation, layoffs, and the companyâ€™s eventual reinvention; and how the companyâ€™s focus on managing risk protected it and its clients during the financial crisis in 2008, propelling its growth.
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A remarkable story of a company succeeding by challenging norms and conventions through decades of change,Â InvestedÂ also offers unique insights and lifelong principles for readersâ€”the values that Schwab has lived and worked by that have made him one of the most successful entrepreneurs of our time.Â Today, his eponymous company is one of the leading financial services firms in the world.

Advance praise for Invested

â€œIâ€™ve admired Chuck Schwab for a long time. When you read this book, youâ€™ll understand why.â€â€”Warren E. Buffett

â€œThis is a fascinating story that teaches you about the never-ending evolution of an entrepreneurial company, but even more about personal learning from that experience. So read, learn how to learn from experience, and enjoy.â€â€”George P. Shultz, former secretary of Labor, Treasury, and State
Country USA
Brand CROWN
Manufacturer Crown Currency
Binding Hardcover
ItemPartNumber 9781984822543
Color Sky/Pale blue
ReleaseDate 2019-10-08
UnitCount 1
EANs 9781984822543

Country	USA
Brand	CROWN
Manufacturer	Crown Currency
Binding	Hardcover
ItemPartNumber	9781984822543
Color	Sky/Pale blue
ReleaseDate	2019-10-08
UnitCount	1
EANs	9781984822543

Invested: Changing Forever the Way Americans Invest

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