Retail Investing. The retail securities industry heavily distributes its products and advice through a broker. The brokerâs job is make recommendations to clients, and then close the transaction between his or her client and the market. For managing this transaction, brokers generally get paid a commission based upon how much product they transact.
At about the same time, a German named Gottlieb Daimler invented another kind of motorcycle. Nicholaus Otto, who invented the Otto Cycle, had an assistant, Gottlieb Daimler. Daimler left Otto to develop his own engine.
Otto was originally a pet form for any of the ancient Germanic names beginning with the element âod, otâ meaning âwealth, prosperityâ (it shares the same Germanic root etymology with the Olde English element âÄadâ also meaning âprosperity, richesâ which gave birth to English names like Edward, Edgar and Edwin).