These estimated results reflect heavy trading volumes, the strength of our core domestic business, the absence of any international proprietary trading and a continued focus on staffing levels, expenses, and risk management,
More Quotes from David Pottruck:
As ardent believers in the power of market competition, we strongly support the idea of a dual-listing, and are proud to be among this initial group of market innovators, ... Our hope is that as more companies opt for dual-listing, we will experience a healthy increased competition in our trading markets, resulting in innovative applications of technology, heightened transparency, and improved trading outcomes for all investors.David Pottruck
My leaving Schwab was on less than elegant terms, ... What is really humbling is to have time to reflect on what you've done and what you could have done better.
David Pottruck
Recent trading volumes are propelling the company to its best quarter ever in terms of revenues and profits.
David Pottruck
We have millions of these customers who are reasonably demanding of services, which we're pleased to provide but which have to be paid for, ... Customers have the opportunity to justify their service levels by adding to their account.
David Pottruck
Just before the meeting got started, Andy Grove, the gruff chairman of Intel's board at the time, pulled Pottruck aside. 'When you got promoted to CEO,' ... 'did that make you a better man' I said no. He said, 'Well then, do you think the fact that you're no longer CEO of Schwab means you're not a better man' I said, 'No, I don't think so.' He said, 'You're as good a man as you were last week. Hold your head high.' It helped me a lot.
David Pottruck
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