A Voice of Disintermediation Speaks
Earlier this week I made a post on William Yeh, a man who personifies disintermediation, in this case the final step of disintermediation in the stock brokerage business. Since that time, people have asked me about why he could do what he is doing, how he could stay in business with prices that are more than 50% lower that all the â€˜low costâ€™ brokers. Mr. Yeh gave an interview to a fellow blogger, Grant Wittenborn and his blog the other day. I just read it and recommend it to those who have a curiosity about how William Yeh could take such a bold action.
Also a tip of the hat to William Yeh for giving a direct interview to a blogger, this guy clearly sees the direction that the world is going.