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Rick Wurster

๐Ÿ‘ค Speaker
222 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

Next year.

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

That's what we're shooting for.

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

And so far, so good.

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

I'm not going to get that specific.

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

I'd get slapped later by somebody.

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

I have not bought crypto.

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

I have nothing against crypto.

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

I can certainly see the case of it.

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

If people believe it's a store of value, it is scarce and it could go up.

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

I think the blockchain is something that is likely to play a bigger part in markets and therefore crypto can have some value around blockchain.

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

For me personally,

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

My investments are in assets that I consider to be productive assets.

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

They're generating earnings, they're generating principal or interest, and that's where I focus my investment portfolio.

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

Possibly.

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

And Bitcoin and crypto generally is going to go up.

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

It's going to go down.

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

Its volatility is something, its standard deviation is something like 50%.

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

So we should expect wild swings.

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

And for the right group of folks, they want to own it.

Bloomberg Talks
President & CEO of Charles Schwab Talks Advisor Services

They believe passionately in it.