Invested by Charles Schwab: 9781984822543 | PenguinRandomHouse.com: Books (2024)

“Chuck Schwab provides an engaging look into the investing world, balanced between his penchant for risk-taking with his grace and humility.He crafts a creative and highly rewarding story of not just Charles Schwab, the company, but Charles Schwab, the person. There are life lessons in this book for everyone, from Wall Street to Main Street.”—Condoleezza Rice, former U.S. Secretary of State and Denning Professor in Global Business and the Economy at the Stanford Graduate School of Business

“By turns practical and personally insightful, Charles Schwab’s indefatigable spirit, sound judgement, and entrepreneurial experience shine through inInvested. Throughout his childhood and career, Chuck overcame challenges and set a standard of leadership and innovation throughout decades of change in our U.S. economic system.”—Jamie Dimon, chairman and CEO, JPMorgan Chase

“Like myself, Chuck is a dyslexic. He learned early on that he had his limits and therefore—unlike most nondyslexics—discovered the power of delegation. He discovered that business is all about people who share your vision and values but bring their own passion and strengths to the tasks. He realized early on that the world is full of people more capable than himself in ‘a thousand different ways.’ Most leaders and entrepreneurs never learn that simple lesson. It was his dyslexia that helped him create one of the most successful companies in the US. Invested is a must-read for anyone interested in working in a business or becoming an entrepreneur. An extraordinary life and book.”—Sir Richard Branson, founder of the Virgin Group

“Charles Schwab is a giant who transformed finance and investing for millions of Americans. His memoir is a textbook case on entrepreneurship and principled leadership.”—Hank Paulson, 74th Secretaryof the Treasury

“Through Chuck’s unique perspective,Investeddetails Schwab’s history as they persevered through adversity while providing wisdom and encouragement along the way. I have admired and respected Chuck for many years. We share a passion for golf and how its challenges parallel those encountered in business.”—Phil Mickelson

“Chuck tells a story that very few can tell.It is a story of creativity, passion, and bravery trumping the odds.Chuck not only created the discount brokerage industry but grew a company in the face of market cycles and a rapidly changing and consolidating landscape. Chuck led the way in democratizing the market for the individual investor. I am proud to have been a partner with Chuck in the early days. I am especially proud to have him as a friend for the past fifty years.”—George R. Roberts, co-chairman and co-CEO, Kohlberg Kravis Roberts

“We learn best from the stories of others, and you’ll be hard pressed to find one so interesting, inspiring, and educational as this one! An enriching read from a great and principled man.”—Steve Forbes, chairman and editor inchief, Forbes

“Sharing his personal story of meeting and overcoming personal and business challenges that enabled the innovations enhancing the financial well-being of millions, Chuck Schwab’sInvestedis full of invaluable insights into, and wise counsel about, building a successful business and successful personal investing. A readily accessible ‘real must-read’ for anyone interested in business and finance.”—Michael J. Boskin, professor of economics, Stanford University; former chair, President’s Council of Economic Advisers

Investedis a wonderful account of a textbook disruptor. By focusing on affordability and accessibility, what Chuck built in Charles Schwab has been a real blessing to mankind.”—Clayton Christensen, Kim B. Clark Professor of Business Administration at the Harvard Business School; author ofThe Innovator’s Dilemma

“For years Chuck Schwab was one of my fiercest competitors; now I consider him a friend. His book about building Charles Schwab into a revolutionary investment powerhouse is a must-read for anyone interested in what an audacious, high-integrity entrepreneur is capable of doing if he dreams big.”—Joe Ricketts, founder, former CEO, and former chairman, TD Ameritrade

“The fact that anyone in America can be an investor both enhances prosperity and reinforces the public’s buy-in to the concept of economic freedom. Few have done more to expand access to this form of direct participation in capitalism and free enterprise than my friend Chuck Schwab, and the story of how he did it belongs on the bookshelf of anyone interested in the evolution of investing over the past four decades.”—Paul Singer, founder of the Elliott Management Corporation

“From the beginning, one of Chuck’s great insights was that he could only create the business of his dreams by leaning heavily on emerging technologies. He bet big on data and never looked back. It changed investing forever.”—Thomas M. Siebel, CEO, C3.ai

Invested by Charles Schwab: 9781984822543 | PenguinRandomHouse.com: Books (2024)

FAQs

What is the value of Charles Schwab tangible book? ›

Charles Schwab Price-to-Tangible-Book Calculation
=Share PriceTangible Book per Share (Q: Mar. 2024 )
=66.607.192
=9.26

What is the book value per share of Charles Schwab? ›

Charles Schwab (Charles Schwab) Book Value per Share : $18.18 (As of Mar. 2024)

How safe is Charles Schwab Investments? ›

We're a member of SIPC.

We're a member of the Securities Investor Protection Corporation (SIPC), which protects securities customers of its members with coverage of up to US$500,000 (including US$250,000 for claims for cash). To learn more, ask us for an explanatory brochure or visit SIPC's website.

What is the best investment at Charles Schwab? ›

The Best Schwab Mutual Funds of August 2024
FundExpense Ratio
Schwab S&P 500 Index Fund (SWPPX)0.02%
Schwab U.S. Aggregate Bond Index Fund (SWAGX)0.04%
Schwab Tax-Free Bond Fund (SWNTX)0.38%
Schwab Fundamental US Small Company Index Fund (SFSNX)0.25%
3 more rows
Jul 1, 2024

What is the book value of my investments? ›

Book value, also known as book cost or average cost, represents the average amount you have paid for your investments – which can change over time (see how below).

What is a good book value per share? ›

Traditionally, any value under 1.0 is considered desirable for value investors, indicating an undervalued stock may have been identified. However, some value investors may often consider stocks with a less stringent P/B value of less than 3.0 as their benchmark.

Is book value what I paid for a stock? ›

The book value of a stock is the amount you paid to acquire units or shares of a security, including commissions associated with the purchase of these securities. It corresponds to the total quantity of units multiplied by their average unit cost.

What is the fair value of Charles Schwab? ›

As of 2024-07-26, the Fair Value of Charles Schwab Corp (SCHW) is 34.79 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 66.6 USD, the upside of Charles Schwab Corp is -47.8%.

What happens to my assets if Schwab fails? ›

And the SIPC protections are activated in the rare event that a broker-dealer fails and client assets are missing. In that situation, SIPC provides up to $500,000 worth of protection against any of those missing assets, including $250,000 in cash against uninvested cash balances.

Is Schwab considered too big to fail? ›

If SVB and Signature Bank are deemed to pose systemic risk to the financial system, you can bet that Charles Schwab is too big to fail.

Is it safe to keep more than $500,000 in a brokerage account? ›

Bottom line. The SIPC is a federally mandated, private non-profit that insures up to $500,000 in cash and securities per ownership capacity, including up to $250,000 in cash. If you have multiple accounts of a different type with one brokerage, you may be insured for up to $500,000 for each account.

What is the best savings rate at Schwab? ›

The Schwab Bank Investor Savings account offers a 0.48% APY that's compounded daily. That means at the end of each month, Schwab will credit your account with the interest earned on your account balance.

What are the top rated stocks by Charles Schwab? ›

The top 5 Charles Schwab stocks include Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Nvidia (NASDAQ:NVDA) and Broadcom (NASDAQ:AVGO) stakes. These are the long-term stocks to which Charles Schwab allocates the most capital.

What is better than Charles Schwab? ›

Fidelity is the investment house of choice for more than 50 million customers, while Charles Schwab is the brokerage of choice for more than 35 million client accounts. Both firms are enormous; Schwab boasts more than $8.8 trillion in client assets, while Fidelity has $13.7 trillion in assets under administration.

What is current tangible book value? ›

Conceptually, the tangible book value (TBV) is the residual net value of a company that belongs to common shareholders post-liquidation, i.e. the remaining value once all outstanding liabilities like debt are repaid.

What is the book value of a tangible asset? ›

Tangible book value (TBV) of a company is what common shareholders can expect to receive if a firm goes bankrupt—thereby forcing the liquidation of its assets at the book value price. Intangible assets, such as goodwill, are not included in tangible book value because they cannot be sold during liquidation.

What is the tangible book value of debt? ›

The concept of tangible book value (TBV) is the post-liquidation residual net value of a firm that belongs to common shareholders, or the value that remains after all existing liabilities, such as debt, are paid back.

Is tangible book value important? ›

By calculating tangible book value we might get a step closer to the baseline value of the company. It's also a useful measure to compare a company with a lot of goodwill on the balance sheet to one without goodwill.

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