What podcasts say about Rick Wurster

Every statement, with the speaker, the exact quote and the moment it was said.

What Rick Wurster has said on podcasts

24 statements · 14 positive · 6 negative · 3 mixed · 1 neutral

on Investment feesPositiveOct 16, 2026· Bloomberg Surveillance
Lower investment fees benefit clients by returning more money to them.
“So the fact that fees are coming down, I view, is a good thing.”
Listen at 6:40
Open the episode · AI Integration and Stock Fears
on Artificial intelligence at Charles SchwabPositiveOct 16, 2026· Bloomberg Surveillance
AI is accelerating Charles Schwab’s business.
“AI is a big accelerant to our company.”
Listen at 6:47
Open the episode · AI Integration and Stock Fears
on Private investmentsPositiveOct 16, 2026· Bloomberg Surveillance
Retail investors should access private investments available to institutions.
“I believe retail investors should have access to those very same investments.”
Listen at 9:23
Open the episode · AI Integration and Stock Fears
on Retail alternative investmentsPositiveOct 16, 2026· Bloomberg Surveillance
Retail clients should consult professionals before accessing alternative investments.
“they need to speak to a professional.”
Listen at 9:43
Open the episode · AI Integration and Stock Fears
on Texas Stock ExchangePositiveOct 16, 2026· Bloomberg Surveillance
The Texas Stock Exchange will become substantially larger within five years.
“I think it'll be a lot bigger.”
Listen at 12:09
Open the episode · AI Integration and Stock Fears
on CoreWeave funding costsNegativeOct 16, 2026· Bloomberg Surveillance
Funding at 15% is expensive for CoreWeave.
“But nevertheless, if you have to fund yourself at 15%, it's expensive.”
Listen at 12:10
Open the episode · Bloomberg Surveillance TV: October 16th, 2026
on NYSE and NasdaqPositiveOct 16, 2026· Bloomberg Surveillance
The NYSE and Nasdaq will continue operating rather than disappear.
“I don't see the NYSE or NASDAQ going away.”
Listen at 12:47
Open the episode · AI Integration and Stock Fears
on Intergenerational wealth transferNeutralOct 16, 2026· Bloomberg Surveillance
Most wealth transfers will move from very old people to older adults, not young adults.
“The money is going to go from a 95-year-old to a 65-year-old. It's not going to the 24-year-old.”
Listen at 13:26
Open the episode · AI Integration and Stock Fears
on High-beta companiesNegativeOct 16, 2026· Bloomberg Surveillance
Weakness in a high-beta company can spread to the next-highest-beta company.
“I think what you will tend to see is if a higher beta company tends to do badly, you have a little bit of... contagion to the next highest beta”
Listen at 13:47
Open the episode · Bloomberg Surveillance TV: October 16th, 2026
on Funding-constrained slow-growth companiesNegativeOct 16, 2026· Bloomberg Surveillance
Funding-constrained, slow-growth companies face greater pressure.
“companies that have now less access to funding or more expensive access to funding and the companies that have a hard time to grow the top line, that's where I think the... pressure can be.”
Listen at 14:43
Open the episode · Bloomberg Surveillance TV: October 16th, 2026
on Defined-contribution retirement systemPositiveOct 16, 2026· Bloomberg Surveillance
Defined-contribution retirement plans work for investors who benefit from them.
“I do think that is working for the for the the investor that it's not benefiting from that.”
Listen at 15:05
Open the episode · AI Integration and Stock Fears
on Investment-grade creditNegativeOct 16, 2026· Bloomberg Surveillance
Investment-grade credit risk-reward is currently unattractive.
“The risk reward is not quite where it should be.”
Listen at 15:38
Open the episode · Bloomberg Surveillance TV: October 16th, 2026
on Front-end double-B bondsPositiveOct 16, 2026· Bloomberg Surveillance
Front-end double-B bonds are attractive investments.
“I do like front-end double Bs. I think there's good stuff to be done there.”
Listen at 16:54
Open the episode · Bloomberg Surveillance TV: October 16th, 2026
on AI financial agentsNegativeOct 16, 2026· Bloomberg Surveillance
Consumers currently resist giving AI agents control of financial accounts.
“people love AI, they're not willing to turn their financial accounts over to them just yet.”
Listen at 24:15
Open the episode · Bloomberg Surveillance TV: October 16th, 2026
on Schwab cybersecurityPositiveOct 16, 2026· Bloomberg Surveillance
Schwab uses frontier AI models to identify and patch cybersecurity challenges quickly.
“We're using all the frontier models. finding challenges and patching them as quickly as we can.”
Listen at 24:31
Open the episode · Bloomberg Surveillance TV: October 16th, 2026
on Schwab LLM access policyMixedOct 16, 2026· Bloomberg Surveillance
Schwab provides two secure LLM pathways while blocking direct agent access.
“we want them to, if they want to use LLMs, which we think is great, do it in a safe and secure way, and we're providing two avenues to do that. But we will not allow the agents just to come in.”
Listen at 25:04
Open the episode · Bloomberg Surveillance TV: October 16th, 2026
on U.S. financial clientsMixedOct 16, 2026· Bloomberg Surveillance
Most U.S. clients use AI financially, while over 90% want human involvement.
“77% of clients today in the U.S. are using AI in some way in their financial life, but more than 90% want a human involved.”
Listen at 26:04
Open the episode · Bloomberg Surveillance TV: October 16th, 2026
on Schwab employmentPositiveOct 16, 2026· Bloomberg Surveillance
Schwab will employ more people as its business grows.
“And so I do think we'll have more people because our business will grow.”
Listen at 26:13
Open the episode · Bloomberg Surveillance TV: October 16th, 2026
on AI in financial servicesMixedOct 16, 2026· Bloomberg Surveillance
AI improves client outcomes without replacing human advisers.
“AI is leading to better outcomes for clients, but it's not replacing the power of a person.”
Listen at 27:10
Open the episode · Bloomberg Surveillance TV: October 16th, 2026
on Schwab personal financial consultant relationshipsPositiveOct 16, 2026· Bloomberg Surveillance
Schwab grows about three times faster when clients have personal consultants.
“The RIA industry is ripping in terms of growth, and we grow about three times faster with clients that have a personal financial consultant relationship with Schwab.”
Listen at 27:34
Open the episode · Bloomberg Surveillance TV: October 16th, 2026
on Canadian natural resourcesPositiveOct 16, 2026· Bloomberg Surveillance
Canadian Natural Resources reduces oil-business risk through its large oil-sands reserves.
“Canadian Natural Resources, the company we invest in, that takes a lot of the risk out of the oil business because you've got this giant oil sand.”
Listen at 43:06
Open the episode · AI Integration and Stock Fears
on Semiconductor foundry businessPositiveOct 16, 2026· Bloomberg Surveillance
The semiconductor foundry business benefits from scale once established.
“We actually love the foundry business because you've got, it's like a scale business once you're in it.”
Listen at 46:15
Open the episode · AI Integration and Stock Fears
on Samsung U.S. foundry expansionNegativeOct 16, 2026· Bloomberg Surveillance
Skilled labor is the biggest bottleneck for Samsung’s U.S. foundry expansion.
“The labor issue is the hardest part.”
Listen at 47:03
Open the episode · AI Integration and Stock Fears
on Korean companiesPositiveOct 16, 2026· Bloomberg Surveillance
Korean companies offer lower-multiple exposure with substantially reduced valuation risk.
“we can own them for a price where the risk in that investment. thesis is de-risk in a huge way relative to paying high multiples for effectively the same competitive companies.”
Listen at 48:17
Open the episode · AI Integration and Stock Fears

Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.