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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 ...
X @Forbes
Forbes· 2025-08-07 18:37
First Vlad Tenev blew up the brokerage industry’s fee model. Now, thanks in part to his full-on crypto embrace, he has increased his fortune sixfold to $6 billion.Read more: https://t.co/x5bpYg65nU https://t.co/Tto4E1EHOB ...