Charles R. Schwab Quotes

#1. It's fun to play around ... it's human nature to try to select the right horse ... But for the average person, I'm more of an indexer ... The predictability is so high ... For 10, 15, 20 years you'll be in the 85th percentile of performance. Why would you screw it up?

Charles R. Schwab

#2. The word passive does a disservice to investors considering their options. Indexing provides an effective means of owning the market and allows investors to participate in the returns of a basket of stocks. The basket of stocks changes over time as stocks are added or removed based on its rules.

Charles R. Schwab

#3. Many times I can see a solution to something differently and quicker than other people. I see the end zone and say 'This is where I want to go.'

Charles R. Schwab

#4. I quickly learned that if I kept at it and plowed right through the rejections I would eventually get somebody to buy my wares.

Charles R. Schwab

#5. The man who has done less than his best has done nothing.

Charles R. Schwab

#6. The man who does not work for the love of work but only for money is not likely to make money nor find much fun in life.

Charles R. Schwab

#7. I did as much as I could: raising chickens, pushing an ice-cream cart, bagging walnuts, driving a tractor on a beet farm, working on the railroad. I think this eclectic career helped me a lot in life.

Charles R. Schwab

#8. Most of the mutual fund investments I have are index funds, approximately 75%.

Charles R. Schwab

#9. The way to get things done is to stimulate competition. I do not mean in a sordid, money-getting way, but in the desire to excel.

Charles R. Schwab

#10. The nasty little secret was that I couldn't read worth a darn. In my case, I still read very slowly to this moment.

Charles R. Schwab

#11. We are all salesmen every day of our lives. We are selling our ideas, our plans, our enthusiasms to those with whom we come in contact.

Charles R. Schwab

#12. At the end of every day, having a clientele that speaks well of you, that's the largest source of business. I don't care what kind of business you're in. Clients referring us to their friends or relatives is so much more powerful than any advertising we could ever do.

Charles R. Schwab

#13. Nobody wants to be passive; indexing is not passive - much more goes into indexing than watching a stock become the next buggy whip.

Charles R. Schwab

#14. One can succeed at almost anything for which he has enthusiasm.

Charles R. Schwab

#15. I couldn't read. I just scraped by. My solution back then was to read classic comic books because I could figure them out from the context of the pictures. Now I listen to books on tape.

Charles R. Schwab

#16. Don't limit investing to the financial world. Invest something of yourself, and you will be richly rewarded.

Charles R. Schwab

#17. Kindness is more powerful than compulsion.

Charles R. Schwab