Where Are the Customers' Yachts?: or A Good Hard Look at Wall Street

By Fred Schwed

"Once I picked it up i didn't positioned it down until eventually i ended. . . . What Schwed has performed is catch fully-in deceptively fresh language-the lunacy on the center of the funding business."
-- From the Foreword by way of Michael Lewis, Bestselling writer of Liar's Poker

". . . one of many funniest books ever written approximately Wall Street."
-- Jane Bryant Quinn, The Washington Post

"How nice to have a reissue of a hilarious vintage that proves the extra issues switch the extra they remain a similar. in basic terms the names were replaced to guard the innocent."
-- Michael Bloomberg

"It's awesome how good Schwed's publication is protecting up after fifty-five years. in regards to the in basic terms factor that is replaced on Wall highway is that desktops have changed pencils and graph paper. another way, the fundamentals are an identical. The investor's have to think anyone is matched through the monetary advisor's have the desire to make a pleasant residing. If considered one of them should be dissatisfied, it is absolute to be the former."
-- John Rothchild, writer, A idiot and His Money, monetary Columnist, Time magazine

Humorous and enjoyable, this ebook exposes the folly and hypocrisy of Wall highway. The identify refers to a narrative a couple of customer to ny who widespread the yachts of the bankers and agents. Naively, he requested the place the entire shoppers' yachts have been? after all, not one of the buyers may possibly have enough money yachts, although they dutifully the recommendation in their bankers and agents. jam-packed with clever contrarian suggestion and supplying a real examine the area of making an investment, during which agents get wealthy whereas their shoppers pass broke, this ebook maintains to open the eyes of traders to the truth of Wall Street.

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