Bob Walters
Bob Walters
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Full Name and Common Aliases
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Robert Aloysius "Bob" Walters was a renowned American businessman and entrepreneur who founded eTrade, one of the pioneers in online brokerage services.
Birth and Death Dates
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Born on October 29, 1945, Bob Walters passed away on August 26, 2020. His life's work left an indelible mark on the financial industry and beyond.
Nationality and Profession(s)
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Walters was an American with a distinguished career in finance, specifically as a business executive and entrepreneur. He is best known for his role in revolutionizing the way people invest in the stock market through eTrade's innovative online platform.
Early Life and Background
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Growing up in California, Walters developed an early interest in technology and business. After completing his education, he embarked on a successful career in finance, eventually rising to prominence as one of the key figures behind eTrade's meteoric rise to success.
Major Accomplishments
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Walters' most significant accomplishment was undoubtedly founding eTrade in 1982, alongside William R. Porter and Harold McNeil. Under Walters' leadership, eTrade became one of the first companies to offer online brokerage services, transforming the way individuals invest and manage their financial portfolios.
Notable Works or Actions
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Walters was instrumental in developing eTrade's pioneering technology that enabled users to buy and sell securities over the internet. This innovative approach not only reduced transaction costs but also opened up investment opportunities to a broader audience, democratizing access to the stock market.
Impact and Legacy
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Bob Walters' legacy extends far beyond his role at eTrade. He played a pivotal part in shaping the modern financial landscape by introducing a new paradigm for investing that has since been emulated by numerous institutions worldwide. His commitment to innovation and customer-centric solutions has inspired generations of entrepreneurs and business leaders.
Why They Are Widely Quoted or Remembered
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Bob Walters is remembered as one of the visionaries behind eTrade's groundbreaking success, which not only transformed the financial sector but also paved the way for other disruptive technologies in the years to come. His quotes continue to inspire and motivate individuals seeking to make a lasting impact on their industries.
As an entrepreneur and business leader, Bob Walters left behind a profound legacy that continues to influence contemporary thought leadership. Through his pioneering work at eTrade, he has inspired countless others to explore new frontiers of innovation, making him one of the most widely quoted figures in the world of finance today.
Quotes by Bob Walters
The cards have to be laid on the table. I worry that the project is so massive. They say a six-month planning process, but even that seems too short a time. I wish I would be more hopeful, but I worry that it could be the same old Yonkers.
Although down somewhat, the purchase market continues to benefit from strong job formation and long-term mortgage rates that have remained within range of 40-year lows.
I appreciate the thought that these higher buildings will create a better view of the corridor, but the word is corridor. We'll be looking through a telescope to the river rather than a panorama.
If I'm seen as an impediment to downtown, it's only because I declined to sacrifice my own welfare. I'm not the problem. The city has shown no great inclination to resolve this. They've shown no interest in being creative, which is unfortunate.
Homeowners are taking advantage of the rally by locking in still historically low long-term mortgage rates.
Home sales will remain strong because all the fundamentals remain rock solid. Long-term rates are falling, inflation is falling and employment remains strong.
These things are tools. Is a chainsaw a good thing or a bad thing? If you're cutting down a stand of trees, it's a good thing. If you accidentally chop off your finger, it's a bad thing.
It's critically important that people understand and know what their what their credit score is, ... Even if you're not going to buy a home for a year or two, you need to talk to a mortgage banker you trust. They're going to pull what's called a tri-merged credit report.
It's a wide, wide world and you are surrounded by in large, even in the harried times in which we live, you are surrounded by nature. And guess what? We are not we are certainly different than the eagles but in fact, we are as dependant on mother earth as are they.