if you think it is such great business buy publicly traded brokerage firms.
I use to hear the same about the oil business when oil started to trade over $50.
take a look at LT charts of oil co's and bds. it is remarkable that executing firms make a profit charging .003 to .005. these bds are not particular money machines.
you didn't include taxes in your calculation.
I use to hear the same about the oil business when oil started to trade over $50.
take a look at LT charts of oil co's and bds. it is remarkable that executing firms make a profit charging .003 to .005. these bds are not particular money machines.
you didn't include taxes in your calculation.