stock-brokerage Books

This directory is well-written as well as full of great information. It's a perfect tool for research in this field. It offers valid phone numbers, addresses, etc. I found this directory very helpful. It's also updated quarterly so the information is up-to-date!

Schwab has redefined Wall Street. He and Bogle have been two lone voices calling for ethical treatment of the customer, and they actually have tried to practice what their preached. The is the first book about Schwab instead of by him, and it is worth reading.

One of Schwab's greatest strengths is adaptation, but that means that any book written about him and his company will quickly be out of date. In this case, it was written before the US Trust acquisition and before he gave up the co-CEO role. It was also written at the beginning of the long, painful downturn following the crash of the NASDAQ that has hurt Schwab as much as anyone.

I can't wait to read the sequel.

Schwab has redefined Wall Street. He and Bogle have been two lone voices calling for ethical treatment of the customer, and they actually have tried to practice what their preached. The is the first book about Schwab instead of by him, and it is worth reading.

One of Schwab's greatest strengths is adaptation, but that means that any book written about him and his company will quickly be out of date. In this case, it was written before the US Trust acquisition and before he gave up the co-CEO role. It was also written at the beginning of the long, painful downturn following the crash of the NASDAQ that has hurt Schwab as much as anyone.

I can't wait to read the sequel.

As an ex-Schwab employee (1988 - 1996) I really enjoyed reading this book. I worked for or with several of the folks interviewed and was at HQ in San Fran. the day after the earthquake--pretty incredible day! I have recommended it to all of my ex-Schwab buddies.

Business writer John Kador describes the evolution of Charles Schwab & Company, a former discount brokerage blessed with the ability to transform itself through four different incarnations. Kador emphasizes Schwab's commitment to integrity and customer service, a code that enabled it to prevail despite upheavals and threats. While the book focuses on the company, the running portrait of Chuck Schwab gives it a personal core. Kador highlights Schwab's concern with exercising his values and leading a highly principled business amid an often shady industry he saw as corrupted by greed. Kador's engaging narrative style is designed to inform and entertain general investors, executives and managers. At times, the discussion of Chuck Schwab and his company sounds almost too laudatory, as if the book is an in-house publicity piece. We from getAbstract recommend that readers should take all that sugar with a grain of salt, given this otherwise compelling dish.

As an ex-Schwab employee (1991-2000), I recommend the book highly. Having firsthand knowledge of the people and many of the events that were reported in the book I found the historical portions of the book to be accurate.

John Kador has done an excellent job of capturing the history, heroic vision and ethics of Schwab (both Chuck and the company) and how the company revolutionized the discount brokerage industry and the distribution of mutual funds. Also, I thought his comments and perspectives into the many challenges the company overcame, and current hurdles to overcome, were incredibly insightful.

John writes in a narrative style that reads more like a fiction novel than what one might expect for a "business book". As I said, I'm an ex-employee and still found it to be a page-turner. I couldn't wait to read what else John had accurately captured about Schwab's long history. I have recommended the book to all of the Schwab employees and ex-employees I keep in touch with.

The book was written prior to the most recent re-emergence of Chuck Schwab as sole CEO of the company, so much has changed since the book was finished, but I still believe it is a great read for anyone who is interested in the history of one of the few revolutionary Fortune 500 companies.

This one is worth buying. You won't regret it!

This is a well-written and exciting view of the sordid goings-on within the world of finance. Efficient, powerful and to the point, this book held my full attention from beginning to end. My only complaint is that Aita at times focuses on some of the more shocking details too explicitly for my taste. Still, a wild ride well worth the time.

Mayer (M) demonstrated great prescience in this 1992 book by showing that the stage had been set for the great stock market bubble of 1995-2000.One of the major ways this bubble was able to keep growing,besides the Federal Reserve System's(Alan Greenspan and the Governor of the Federal Reserve District Bank of New York)abject failure to prevent margin account loans,used to fund the purely speculative purchase of stocks, from increasing from $38 billion in 1992 to just under $280 bilion in 1999,was the complete breakdown in basic market regulatory enforcement by the Securities and Exchange Commission(SEC).One could make a good guess that Spitzer,the present attorney general of New York who has attempted to clean up much of the mess on Wall Street,had read this book carefully.All he would have to do is connect the dotted lines .Massive accounting fraud combined with the outright theft of tens of billions of dollars by various brokerage houses who were allowed to trade against their customers after hours or in secret.All of this might have been prevented if Bill Casey had been running the SEC.There are a few minor slips relating to the history of economic thought that are made on page 148.Joseph Schumpeter is sui generis.He really should not be bracketed with the Austrian economist E.Bohm-Bawerk.Likewise,Schumpeter was extremely critical of the circular flow model.This model is a static,stationary,timeless model of no or little fundamental change or change which is slow,perceptible(like a baby growing up),and easy to adapt to, given the continuous repetition of the same events throughout time.Schumpeter emphasized the impact of dynamic,unexpected changes brought on by innovations that created massive discontinuities in the existing methods of production and finance.He emphasized the creative destruction brought on by technological change and advance.

Excellent resource for those who have trouble with the mathematics of investing. Teaches the use of a simple calculator to figure yields, margin calls, balance sheet and income statement ratios, and other useful mathematical information.

Love math, but this book is not a quick cheat sheet to study from. If you are a broker, don't waste your money. If you're an investor trying to learn more, you can do better.