Invested: Changing Forever the Way Americans Invest Audiobook (Free) | AudioBooksLoft

Invested: Changing Forever the Way Americans Invest Audiobook (Free)

Summary:

“To state Charles Schwab can be an entrepreneur is in fact an understatement. He is a real innovative.”-Phil Knight, co-founder of Nike, author of Shoe Dog

The founder of The Charles Schwab Company recounts his ups and downs as he produced stock investing, after the expensive and clubby reserve of the few, accessible to ordinary Americans.

In this deeply personal memoir, Schwab describes his passion to have Main Street participate in the developing economy as investors and& about Invested: Changing Forever the Way Americans Invest nbsp;owners, not only earners. Schwab opens up about his dyslexia and exactly how he worked about and eventually embraced it, and approximately the challenges he confronted while beginning his fledgling firm in the 1970s. A 12 months into his grand test in discounted stock trading, living in a small house in Sausalito along with his wife, Helen, and new baby, he transported a six-figure personal debt and a pocketful of unsecured loans. As it turned out, clients flocked to Schwab, departing his small group scrambling with scarce resources and no street map to control the company’s growth.

He recounts the company’s game-changing sale to Standard bank of America-and how, in the end, the merger almost doomed his organization. We learn about the clever and well-timed leveraged buyout he crafted to regain self-reliance; the crushing stock market collapse of 1987, just weeks following the company had opted general public; the dot-com meltdown of 2000 and its own reverberating aftermath of financial stagnation, layoffs, as well as the company’s eventual reinvention; and the way the company’s focus on controlling risk protected it and its clients during the financial meltdown in 2008, propelling its growth.

A remarkable story of the company succeeding by challenging norms and conventions through decades of change, Invested offers unique insights and lifelong principles for readers-the values that Schwab has lived and worked by that have made him probably one of the most successful entrepreneurs of our time. Today, his eponymous business is among the leading financial services companies in the globe.

Advance compliment for Invested

“I’ve admired Chuck Schwab for a long time. When you read this book, you’ll realize why.”-Warren E. Buffett

“This 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. Therefore read, learn how to understand from experience, and enjoy.”-George P. Shultz, former secretary of Labor, Treasury, and State