Where Are the Customers' Yachts?: or A Good Hard Look at Wall Street (Wiley Investment Classics)

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9780471770893: Where Are the Customers' Yachts?: or A Good Hard Look at Wall Street (Wiley Investment Classics)
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Dear Folks at Home: The Glorious Story of the United States Marines in France as Told by Their Letters from the Battlefield (1919)

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"More than half a century on, Where Are the Customers' Yachts? Remains a fascinating read" (Money Week, July 2006)

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'Once I picked it up I did not put it down until I finished...What Schwed has done is capture fully-in deceptively clean language - the lunacy at the heart of the investment business' - From the Foreword by Michael Lewis, Bestselling author of "Liar's Poker". '...one of the funniest books ever written about Wall Street' - Jane Bryant Quinn, "The Washington Post". 'How great to have a reissue of a hilarious classic that proves the more things change the more they stay the same. Only the names have been changed to protect the innocent' - Michael Bloomberg. 'It's amazing how well Schwed's book is holding up after fifty-five years. 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 to make a nice living. If one of them has to be disappointed, it's bound to be the former' - John Rothchild, Author, "A Fool and His Money", Financial Columnist, "Time" magazine. Humorous and entertaining, this book exposes the folly and hypocrisy of Wall Street. The 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? Of course, none of the customers could afford yachts, even though they dutifully followed the advice of their bankers and 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.

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9780471119784: Where are the Customers' Yachts?: Or a Good Hard Look at Wall Street (Wiley Investment Classics)

Vorgestellte Ausgabe

ISBN 10: 0471119784 ISBN 13: 9780471119784
Verlag: John Wiley & Sons Inc, 1995
Softcover

9780471119791: Yachts C: Or a Good Hard Look at Wall Street (A Marketplace Book)

John W..., 1995
Hardcover

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Fred Schwed
Verlag: John Wiley & Sons Inc Dez 2005 (2005)
ISBN 10: 0471770892 ISBN 13: 9780471770893
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Buchbeschreibung John Wiley & Sons Inc Dez 2005, 2005. Taschenbuch. Zustand: Neu. Neuware - Where Are the Customers' Yachts exposes the folly and hypocrisy of Wall Street in a humorous and entertaining manner. The title refers to a story about a visitor to New York who admired the yachts of the bankers and brokers in New York Harbor. Naively, he asked where all the customers' yachts were Of course, none of the customers could afford yachts--even though they dutifully followed the advice of their bankers and brokers. With the same caustic humor, this revered investing classic--based on Fred Schwed's own experiences on Wall Street--offers wise contrarian advice and a true look at the reality of the world of investing, in which brokers get rich while their customers go broke. Even decades after its original publication, this book continues to open the eyes of investors to the reality of Wall Street. 208 pp. Englisch. Artikel-Nr. 9780471770893

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