Famed Investor Charles Schwab on The David Rubenstein Show

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  • Опубліковано 25 лис 2024

КОМЕНТАРІ • 121

  • @claircourtway
    @claircourtway 4 місяці тому +223

    I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

    • @ElijahOliver-t9u
      @ElijahOliver-t9u 4 місяці тому

      I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes...

    • @claircourtway
      @claircourtway 4 місяці тому

      @@ElijahOliver-t9u That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

    • @ElijahOliver-t9u
      @ElijahOliver-t9u 4 місяці тому

      @@claircourtway My advisor is VICTORIA CARMEN SANTAELLA;

    • @ElijahOliver-t9u
      @ElijahOliver-t9u 4 місяці тому

      You can look her up online

    • @GabrielAnthony-09
      @GabrielAnthony-09 4 місяці тому

      @@ElijahOliver-t9u The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?

  • @thorsten8123
    @thorsten8123 4 роки тому +43

    INVESTED by Charles Schwab - I read the book, listened to the audio book as well - highly recommended !
    Charles Schwab´s story is pure inspiration and motivation for me !
    Thank you Mr. Schwab for your service and may you still have a long life!
    Best wishes from Berlin/Germany
    (I even switched my brokerage depot to Charles Schwab which was not an easy task for a German, but it worked with the help and patience of many friednly Schwabbies. And one of my first trades was 87 stocks of SCHW - out of respect for Mr. Schwab and his courage to buy back the company from Bank of America in 1987 ... can´t afford 1987 shares, but those 87 SCHW are not for sale!)

    • @btw-3006
      @btw-3006 4 роки тому +1

      Great to hear that you were able to open a Charles Schwab account in Germany. In my personal opinion, I think Charles Schwab is the best brokerage account out there and has an awesome checking account (no maintenance or account minimus, unlimited ATM rebates, etc.). Great research tool and fantastic customer service. Been a happy Charles Schwab customer since 2015

  • @georgejones4866
    @georgejones4866 4 роки тому +27

    One of the Best Interviews on this channel

  • @rauserbegins5850
    @rauserbegins5850 3 роки тому +17

    Charles Schwab over here.

  • @Texas80
    @Texas80 4 роки тому +12

    I pass by a beautiful new Charles Schwab Campus in Austin almost every day. I'll have to look and see how this company can help me financially.

  • @yinlong9829
    @yinlong9829 2 роки тому +4

    I watch your interviews daily, 30 minutes of extra juice to enlighten my day!!! Thank you!! Please don’t ever stop!!!

  • @mrjsanchez1
    @mrjsanchez1 4 роки тому +14

    Great man and company, very well done interview.

  • @arigutman
    @arigutman Рік тому +1

    Always an interview worth millions of dollars worth of insights and knowledge. Keep them coming!

  • @marvsaunders5034
    @marvsaunders5034 4 роки тому +2

    Thanks Mr. Rubeinstein and Mr. Schwab

  • @markb9347
    @markb9347 4 роки тому +14

    Mr. Schwab's last line of this interview gave me a great chuckle. Great interview David Rubenstein!

  • @BrunoLuke
    @BrunoLuke Рік тому +104

    Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking the bold steps we need in other to reach our goals.

    • @DavidAntony-gq7id
      @DavidAntony-gq7id Рік тому +2

      I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value

    • @BrunoLuke
      @BrunoLuke Рік тому

      @@DavidAntony-gq7id This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name MARTHA ALONSO HARA and everything changed. I started enjoying huge returns from my investment.

    • @DavidAntony-gq7id
      @DavidAntony-gq7id Рік тому

      @@BrunoLuke Oh, that sounds good but how do I reach out to MARTHA ALONSO HARA

    • @DavidAntony-gq7id
      @DavidAntony-gq7id Рік тому

      @@BrunoLuke Okay, thank you. I just found her website very impressive and dropped a message for her.,. I hope she replies to me

  • @therainmaker1161
    @therainmaker1161 4 роки тому +1

    Great person appreciate your work 👍🏿👍🏿 would love to hear you interviewing yourself.

  • @thomastinti2879
    @thomastinti2879 3 роки тому +3

    At minute 8:52 he basically invented the concept of Retrocession, funds are sold for free but management fees are embedding an inducement for the distributor. Amazing interview.

  • @haykhakobyan84
    @haykhakobyan84 4 роки тому +1

    Thank you Mr. Rubenstein for you job.

  • @charlietaualii396
    @charlietaualii396 4 роки тому +2

    Great interview Dave.

  • @philippegeorgeskoumbassa4920
    @philippegeorgeskoumbassa4920 4 роки тому +15

    just gotta love Mr. Schwab.

  • @arhamshaikh973
    @arhamshaikh973 4 роки тому +13

    1:16 "We're here today with Chuck Schwab" lol

  • @JamrockVybzTV
    @JamrockVybzTV 2 роки тому

    Wonderful interview David

  • @mateohernandez2933
    @mateohernandez2933 4 роки тому +18

    David please interview John Malone from Liberty Media.

    • @dondajulah4168
      @dondajulah4168 4 роки тому

      Yeah, and make sure to ask him about FTD/Provide Commerce and how he screwed the pooch with his entire ecomm collection of companies. Looking forward to hear what he says.

  • @Ducotevision
    @Ducotevision 4 роки тому +8

    You offer it free because someone else did it first and saw crazy growth. So you made a smart change to compete. Don’t make it seem like you always had those intentions. Now I do admire that change was able and they didn’t fight it longer than I thought they would.

  • @Discovery_and_Change
    @Discovery_and_Change Рік тому +2

    Charles R. Schwab - born 7/29/1937 - (age 82 at the time of this interview)
    5:28 "Are you kidding? What are my friends going to say?" Charles thought when asked to feature his face on advertisements
    5:47 "5 Reasons I Should Be Your Broker" advertisement
    7:17 We began using the internet in 1995
    11:14 1 in 7 people have a dyslexia-related issue
    14:14 Brokerages were built upon how they could make money, not on how customers wanted to do business
    15:15 Bank of America bought our company, but I bought it back 4 years later
    15:52 Was on the Bank of America Board of Directors at age 43
    17:04 Sold company for $52 million, bought it back from $250 to $300 million
    17:10 However, it was sold and re-purchased at 3x revenue, each time
    17:32 Leveraged buyout, advised by George Roberts from KKR
    17:52 Same year bought it back, went public with IPO
    18:16 Stock dropped from $15 to $6 (-60%) in crash of 1987
    18:33 Stock market cycles, eventually return to normal
    19:45 Philanthropy is an obligation for all of us
    20:36 This is my purpose
    21:15 Free-market and free-enterprise (supporter of)
    21:43 I've made a lot of mistakes but learned from all of them
    22:16 Schwab 1000 ETF
    23:10 Have enough humility to have a brilliant team around you -- throw ego aside
    23:50 Stock tip: index fund

  • @ovieembu
    @ovieembu 3 роки тому +2

    Well spoken Charles

  • @MrDajiangyoude
    @MrDajiangyoude Рік тому

    Hats off to Mr Schwab.

  • @wenshipeng9587
    @wenshipeng9587 4 роки тому +12

    Thanks for yet another great interview, please interview George Soros! Audience would really appreciate that.

  • @rashardstallworth9240
    @rashardstallworth9240 Рік тому

    Best show on UA-cam

  • @erichawkins5738
    @erichawkins5738 Рік тому +1

    It’s easy to see why he is so successful. He cares about his investors.

  • @JUDALIONNN
    @JUDALIONNN 2 роки тому

    so much wisdom from him

  • @dondajulah4168
    @dondajulah4168 4 роки тому +13

    Charles Schwab ova here

    • @tjcvelarde
      @tjcvelarde 4 роки тому +3

      Jay Santos glad I’m not the only who gets that 😂

    • @dondajulah4168
      @dondajulah4168 4 роки тому +2

      @@tjcvelarde Twenty f**kin years I been waitin to make that comment

    • @tjcvelarde
      @tjcvelarde 4 роки тому +1

      Jay Santos Phil “leotardo”

    • @eddiemiller6237
      @eddiemiller6237 4 роки тому +2

      Ehe-heh-heh-heh-heh-heh)

    • @sarthakbiswas2201
      @sarthakbiswas2201 4 роки тому +1

      Haha Sopranos

  • @jswagner9596
    @jswagner9596 3 роки тому +2

    Legend

  • @haziri5118
    @haziri5118 3 роки тому +1

    I have so much in common with this man

  • @yiyi-py3ew
    @yiyi-py3ew Рік тому

    This video provides valuable financial investment advice that I will consider applying to my investment strategy. Thank you for sharing this useful information!"

  • @yosmuc
    @yosmuc 4 роки тому +5

    20:00 the art world definitely needs improvement, it belongs to the category of first world problems

  • @Jake-mc8te
    @Jake-mc8te 4 роки тому +15

    they went to 0 because of robinhood

    • @Sulfen
      @Sulfen 4 роки тому +14

      Robert Lemus that did push them to finally go all the way. But they’ve always had really good rates anyway. And they are way more reliable than robinhood. You can’t even call robinhood when things go wrong.

    • @User-nu6km
      @User-nu6km 4 роки тому +7

      @@Sulfen f robinhood

    • @Stoneface_
      @Stoneface_ 3 роки тому +4

      Robinhood is terrible. Look at what they did to retail investors with the gamestop mania

  • @ravindertalwar553
    @ravindertalwar553 2 роки тому

    ALMIGHTY GOD IS ONE AND BLESSES EVERYONE

  • @charlescollins7294
    @charlescollins7294 Рік тому

    Barbra Eden recently published a book. For those that are interested in TV side.

  • @Phlegethon
    @Phlegethon 4 роки тому +3

    Charles Schwab is still alive?

  • @princetom8235
    @princetom8235 4 роки тому +3

    Mr Charles Schwab should come to Rockford IL talk to me about new tech on Controlling the weather before Bill Gate come see me first.

    • @princetom8235
      @princetom8235 4 роки тому

      Call Swedish American Hospital 779-696-4400 ask them about weather they know they been video tape me do it everyday .

  • @maxmercor5772
    @maxmercor5772 2 роки тому

    Charles Swab Corporation currently has $7.4 trillion Assets Under Management, this is more than the total Nominal GDP of South America and Africa combined!

  • @enrilesvlogofficial4178
    @enrilesvlogofficial4178 Рік тому

    Wowwwww❤❤❤❤❤

  • @carolyn7691
    @carolyn7691 Рік тому

    Neither of them had too much to say about a wealth tax, other than "I don't like it" .

  • @christinamariehicks1078
    @christinamariehicks1078 2 роки тому

    Only way you exist..im still here ..christina hicks,..

  • @howardleekilby7390
    @howardleekilby7390 Рік тому

    ❤️❤️❤️❤️❤️❤️❤️

  • @enrilesvlogofficial4178
    @enrilesvlogofficial4178 Рік тому

    ❤❤❤❤❤❤

  • @shoelessb4515
    @shoelessb4515 4 роки тому +2

    So Charles, are we investors or traders ???
    The two are not compatible.
    Schwab quit helping me years ago.

  • @rdt3922
    @rdt3922 2 роки тому +1

    Charles Schwab ovah here

  • @1970deamon
    @1970deamon 3 роки тому +6

    This is such cap. Schwab and other brokerages went to 0 because of competition from Robinhood, not because they wanted to.

  • @User10745
    @User10745 4 роки тому +1

    What mr.Charles meant when he said carlisle ?

    • @filipp6860
      @filipp6860 4 роки тому +1

      Carlyle is a company David Rubenstein founded.

  • @จันทร์สุดาแสนแก้วเฮื่อง-ธ8ฒ

    Chem Siam Commercial has Habbancie.

  • @amyfriedlander7850
    @amyfriedlander7850 4 роки тому +2

    I love your show but the sound effects are hideous. Would you consider switching to something that does not jar the nerves?

  • @imtooslow
    @imtooslow 4 роки тому +4

    Free for transactions because the market is so top heavy ie free ticket for dumb money into frothy market

    • @scrazee
      @scrazee 4 роки тому +4

      You sound like a Bernie and aoc supporter :)

  • @jagatdave
    @jagatdave 3 роки тому +1

    When someone makes...52 billion dollar company by hardwork and intelligence and his interview gets only 74k view.....it needs investigation...is it because...he is old person??it is because he is too genuine in a world where 95% are fake ppl...god knows...

  • @jagatdave
    @jagatdave 3 роки тому

    Classic

  • @m.k.s.7417
    @m.k.s.7417 Рік тому +1

    As a dyslexic,
    I Dream, that; he will be:
    able, to: "show-case; what we _dyslexics: can do; for:
    Italian_"Soccer"/FOOTball; ("Calcio" **in Italy**):_-Celtic, F.C. and "dyslexics, from: "Former_colonies"".-etc._-M.K.S.

  • @enemeciomanzanares5758
    @enemeciomanzanares5758 2 роки тому

    Megastar oxcerbar las estrellss del cielo

  • @rosswhitehill3207
    @rosswhitehill3207 3 роки тому +1

    Is he related to Klaus schwab

  • @saintvilvian3302
    @saintvilvian3302 Рік тому

    ❤😂❤😂😂😂,

  • @chesstictacs3107
    @chesstictacs3107 4 роки тому +4

    Vanguard or Fidelity. That’s it. 🎤 dropped.

  • @georgewilson7706
    @georgewilson7706 4 роки тому +1

    Schwab interview was great- the montage of Rubenstein in the beginning, not so much

  • @จันทร์สุดาแสนแก้วเฮื่อง-ธ8ฒ

    เช็มไทยพาณิชย์มีแฮบ

  • @จันทร์สุดาแสนแก้วเฮื่อง-ธ8ฒ

    bok iworf it's for me oh oh oh forme

  • @dawnglianapachuau6433
    @dawnglianapachuau6433 3 роки тому

    Difficult to listen to him talk. Dont know why

    • @rdt3922
      @rdt3922 2 роки тому

      He is talking to you on a human level

  • @MrRyan83
    @MrRyan83 2 роки тому

    Schwab is a crook. Don't let him fool you.

  • @charlech
    @charlech 4 роки тому

    This guy obviously did not innovate and it's gonna get killed by RH

    • @ManMountain1974
      @ManMountain1974 4 роки тому +15

      Lol. Wrong.

    • @ManMountain1974
      @ManMountain1974 4 роки тому +12

      Robinhood targets a complete different audience to Schwab. One is for millennials the other for self directed individuals.

    • @rkwjunior2298
      @rkwjunior2298 4 роки тому +9

      I went with Schwab, not RH. Schwab is solid.

    • @eltocayo87
      @eltocayo87 4 роки тому +8

      If you know anything about Schwab his business model is not transactional. It's about personal relationship with clients and attracting independent investors who need little or no advise. Of course with time they have modify there strategies but that was their original concept.

    • @JC-rl6ln
      @JC-rl6ln 3 роки тому +2

      I moved all my investments from Robinhood to Charles Schwab last year. Very pleased with my decision.

  • @albevargiu
    @albevargiu Рік тому

    Perché io non posso per la legge scrivere parollace o scrivere ciò che vedo su Messenger e loro in gruppo possono sfregiarmi sempre perché e vietato dire parollace o scrivere ciò che si pensa e loro possono usare il potere per fare ciò che vogliono anche se sono povera

  • @TylerMohn-g9l
    @TylerMohn-g9l Місяць тому +175

    I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for..

    • @TylerMohn-g9l
      @TylerMohn-g9l Місяць тому

      @LeilaniClaire That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

    • @zubairadamu2477
      @zubairadamu2477 Місяць тому

      @LeilaniClaire The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?

    • @TylerMohn-g9l
      @TylerMohn-g9l Місяць тому

      @LeilaniClaire I will give this a look, thanks a bunch for sharing.

    • @johnawara9719
      @johnawara9719 Місяць тому

      @LeilaniClaire MARGARET MOLLI ALVEY her trading strategies is working for me for more than a year now and I’m making good profit from the stock market and she's 100% honest, reputable and trustworthy

  • @hotlinesanzensekai7084
    @hotlinesanzensekai7084 3 роки тому +4

    Charles Schwab over here.

  • @Someguythatlikespizza
    @Someguythatlikespizza 11 місяців тому +1

    Charles Schwab over here