WHERE ARE THE CUSTOMERS’ YACHTS?

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This 55 year old classic takes a good hard look at Wall Street…and explains some of the inner workings – and absurdities – of the investing industry. As pertinent and relevant today as it was back in the 40s

1 in stock

SKU: 3565 Category: Tag:

DESCRIPTION

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.

publication_year

2006
product_type

Softcover
pages

170
writer

Fred Schwed
orig_products_id

953