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 More Quotes by Charles R. Schwab More Quotes From Charles R. Schwab 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 motivational love life Don't limit investing to the financial world. Invest something of yourself, and you will be richly rewarded. Charles R. Schwab investing goal happiness I consider my ability to arouse enthusiasm among men the greatest asset I possess. The way to develop the best that is in a man is by appreciation and encouragement. Charles R. Schwab encouragement leadership appreciation The best place to succeed is where you are with what you've got. Charles R. Schwab succeed success positive There is nothing else that so kills the ambitions of a person as criticisms from superiors. I never criticize anyone. I believe in giving a person incentive to work. So I am anxious to praise but loath to find fault. . . . I have yet to find a person, however great or exalted his station, who did not do better work and put forth greater effort under a spirit of approval than he would ever do under a spirit of criticism. Charles R. Schwab ambition giving believe Three men were laying brick. The first was asked: " What are you doing? He answered: " Laying some brick." The second man was asked: " What are you working for? " He answered: " Five dollars a day." The third man was asked: " What are you doing? He answered: " I am helping to build a great cathedral." Which man are you? Charles R. Schwab dollars three men One can succeed at almost anything for which he has enthusiasm. Charles R. Schwab enthusiasm-for-life succeed education 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 clients care powerful There is nothing else that so kills the ambitions of a person as criticisms from superiors. I never criticize anyone...If I like anything, I am hearty in my approbation and lavish in my praise. Charles R. Schwab criticism ambition praise 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 enthusiasm life ideas Kindness is more powerful than compulsion. Charles R. Schwab powerful leadership kindness 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 business success commitment People succeed at just about anything they're genuinely enthusiastic about. Charles R. Schwab enthusiastic succeed people I have yet to find the man, however exalted his station, who did not do better work and put forth greater effort under a spirit of approval than under a spirit of criticism. Charles R. Schwab money leadership inspirational The man who has done less than his best has done nothing. Charles R. Schwab self-improvement done men 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 competition desire mean I was once ask if a big business man ever reached his objective. I replied that if a man ever reached his objective he was not a big business man. Charles R. Schwab objectivity vision men I am like a chief. I like to taste the food. If it tastes bad, I don't serve it. I'm constantly monitoring what we do, and I'm always looking for better ways we can provide financial services, ways that would make me happy if I were a client. Charles R. Schwab innovation taste way 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 investing doe mean Passion is the great slayer of adversity. Focus on strengths and what you enjoy. Charles R. Schwab adversity passion focus
