Wally Weitz Comments on Charles Schwab

Guru stock highlight

Jan 28, 2022

Summary

A top performer.

Financial services firm Charles Schwab (SCHW, Financial) took bronze medals for the fourth quarter and calendar year. Brokerage account balances are higher, and investors are anticipating better profit margins for the bank’s lending business in the quarters ahead.

From Wallace Weitz (Trades, Portfolio)'s Partners III Opportunity Fund fourth-quarter 2021 letter.

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