Where Are the Customers’ Yachts?: or A Good Hard Look at Wall Street Fred Schwed Jr. was a professional trader who got out of the market after losing a. Where are the Customers’ Yachts?: Or a Good Hard Look at Wall Street (Wiley Investment Classics) 1st Edition (English, Paperback, Fred Schwed, Marketplace . Where Are the Customers’ Yachts?: Or a Good Hard by. Fred Schwed Jr., Covers the gamut of financial players and the clients who bring them business.
|Published (Last):||24 February 2004|
|PDF File Size:||10.23 Mb|
|ePub File Size:||1.64 Mb|
|Price:||Free* [*Free Regsitration Required]|
You are currently using the site but have requested a page in the site.
Would you like to change to the site? Only whsre names have been changed to protect the innocent. About the only thing that’s changed on Wall Street is that computers have replaced pencils and graph paper.
Otherwise, the basics are the same. The investor’s need to believe somebody is matched by the financial advisor’s need schhwed make a nice living.
If one of them has to be disappointed, it’s bound to be the former. Humorous and entertaining, this book exposes the folly and hypocrisy of Wall Street.
Rae title refers to a story about a visitor to New York who admired the yachts of the bankers and brokers. Naively, he asked where all the customers’ yachts were?
Where Are the Customers’ Yachts?: Or a Good Hard Look at Wall Street by Fred Schwed Jr.
Of course, none of the customers could afford yachts, even though they dutifully followed the advice of their bankers customets brokers. Full of wise contrarian advice and offering a true look at the world of investing, in which brokers get rich while their customers go broke, this book continues to open the eyes of investors to the reality of Wall Street.
Where Are the Customers’ Yachts?: Added to Your Shopping Cart. Description “Once Arr picked it up I did not put it down until I finished.
Book Review: Where Are The Customers’ Yachts | Bankers Anonymous
What Schwed has done is capture fully-in deceptively clean language-the lunacy at the heart of the investment business. About the Qre Fred Schwed Jr.
Years later, he published a bestselling children’s book entitled Wacky, the Small Boyscwhed then went on to write Where Are the Customers’ Yachts? Investment—Many Questions and a Few Answers Headaches of the wealthy A little wonderful advice Price and value—our special market letter Cash as a long-term investment Your way of life and the basis book IX. Reform—Some Yeas and Nays Was it stolen or did you lose it?
Nobody loves a specialist Horizons and limits of regulation Inconclusions About the Author Series Wiley Investment Classics.