Title: Invested: Changing Forever the Way Americans Invest.
Authors: Charles Schwab and S.P. Kothari.
Charles Schwab, the founder of the eponymous brokerage firm, shares his personal journey and the story of how he disrupted traditional investment practices by introducing discount brokerage services and making investing more accessible to a broader audience.
The book explores how technology and innovation have democratized investing, enabling individual investors to access financial markets and make more informed decisions. Schwab discusses the challenges he faced in challenging the status quo and the benefits that arose from providing low-cost trading options and educational resources to everyday investors.
S.P. Kothari, an economist and professor, contributes insights into the broader economic implications of these changes and how they have influenced the landscape of personal finance and wealth creation.
Overall, "Invested" provides readers with a firsthand account of the shifts in the investment industry and the role technology has played in empowering individual investors. It also highlights the importance of education, transparency, and the potential for positive change in the financial world. The book offers inspiration for both seasoned investors and newcomers looking to understand how the investment landscape has evolved and how they can take advantage of these changes to achieve their financial goals.