Title
Where Are The Customers' Yachts?: Or A Good Hard Look At Wall Street
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Once I Picked It Up I Did Not Put It Down Until I Finished. . . . What Schwed Has Done Is Capture Fullyin Deceptively Clean Languagethe 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 PostHow 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 BloombergIt'S Amazing How Well Schwed'S Book Is Holding Up After Fiftyfive 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 Magazinehumorous 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.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
- Q: How many pages does the book have? A: The book has two hundred eight pages. This length makes it a concise read for anyone interested in economics.
- Q: What is the binding type of this book? A: The book is paperback bound. This makes it lightweight and easy to carry around.
- Q: What are the dimensions of the book? A: The book measures five point five one inches in length, zero point seven one inches in width, and eight point five inches in height. These dimensions make it a portable option.
- Q: Who is the author of the book? A: The author of the book is Fred Schwed. He provides a humorous take on the investment business.
- Q: What genre does this book belong to? A: This book belongs to the economics genre. It offers insights into the financial world and investing.
- Q: Is this book suitable for beginners in investing? A: Yes, this book is suitable for beginners in investing. It provides clear and humorous insights into Wall Street and investment strategies.
- Q: What themes are explored in this book? A: The book explores themes of financial folly and investment hypocrisy. It uses humor to reveal the reality of Wall Street.
- Q: Is this book appropriate for young readers? A: No, this book is not specifically aimed at young readers. It is better suited for adults interested in financial topics.
- Q: How should I care for this book? A: To care for this book, keep it in a dry place away from direct sunlight. This will help preserve its physical condition.
- Q: Can I store this book on a shelf? A: Yes, you can store this book on a shelf. Just make sure it is upright to prevent damage to the spine.
- Q: What should I do if my book arrives damaged? A: If your book arrives damaged, contact the retailer for a return or replacement. Most retailers have policies in place for such issues.
- Q: Is there a warranty for this book? A: No, there is typically no warranty for books. However, check the retailer's return policy for any guarantees.
- Q: Are there any common issues with this book? A: Common issues may include printing errors or binding defects. If you notice any, reach out to the retailer.
- Q: How does this book compare to other financial books? A: This book uses humor to discuss investment, making it unique compared to more serious financial texts. It's recommended for those who appreciate wit.
- Q: Is this book recommended for financial professionals? A: Yes, financial professionals may find this book amusing and insightful. It provides a critical look at Wall Street practices.
- Q: Does this book have any awards or recognitions? A: While it may not have specific awards, it is recognized as a classic in financial literature. Many readers praise its humorous approach.