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.
Another important Otto was Otto Frank (1889-1980), the father of Anne Frank. Otto is one of those quintessential German masculine names (others that come to mind: Karl, Ludwig, Franz, Claus, Johann, Leopold, Sigmund and Wolfgang). Today the name Otto is most commonly used in Finland but itâs also a Top 100 choice in Sweden. It appears to have fallen out of fashion in Germany, though.