the.com/stockbroker
Someone who charges you a fee to be wrong with confidence.
means A licensed professional who buys and sells stocks and other securities on behalf of clients, usually for a commission or fee.
from From 'stock' (shares of a company, itself from the old word for a trading capital or 'stock' of goods) plus 'broker,' which traces back through French to the Old French 'brocour,' a wine-tapper or small trader — someone who literally broached (opened) casks to sell their contents piecemeal. Over centuries 'broker' drifted from cask-tapping to deal-making, and by the 1700s, as formal stock exchanges took shape in London, 'stockbroker' emerged as the name for the go-between who tapped not barrels but capital.
- origin
- medieval brokers sold wine, not stocks
- nyse 1792
- started under a tree, literally
- commission era
- fixed fees ended in 1975, chaos followed
- modern irony
- most now just sell you index funds