Why Charles Schwab CEO Warns Against ‘Quick Hit’ Trading | WSJ

• Young investors ought to be focused on saving. They ought to be focused on the merits of long-term investing. If they wanna actively trade, that's great.But they shouldn't expect a quick hit. - Rick Wurster took over as CEO of Charles Schwab in January. His appointment comes at a time when retail investors are gaining more influence over the state of the stock market, which is sparking a divide in the brokerage industry that could shape how millions of people accumulate wealth.What makes prediction market ...