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.

Author: Samurisar Maurn
Country: India
Language: English (Spanish)
Genre: Photos
Published (Last): 9 May 2010
Pages: 376
PDF File Size: 3.9 Mb
ePub File Size: 11.50 Mb
ISBN: 801-5-42376-294-5
Downloads: 3436
Price: Free* [*Free Regsitration Required]
Uploader: Malkis

Market is naturally unpredictable as weather appears.

A classic, in that is was written ina timeless classic in that is still rings solid and true. Refresh and try again. From Disney to Churchill. Which should be pretty much anyone both on the inside and on the outside. A peasant, however, who is rich beyond his limited dreams of avarice. About the only thing that’s changed on Wall Street is that computers have replaced pencils and graph paper.

A humorous look at the people, practices and myths that make up the investment business. A must read for any investment or portfolio professional Bonds might go down further but don’t pay attention. For some reason the subtle humor of the The Liberty Bar calendar never gets old for me.

Maybe then we would ask more, think more and get fooled less. Overall, an excellent read, and well worth the money. Maybe we should treat it like everything else that we are good at – something that captures our interest and doesn’t scare us.


I say useful because we all need clever ways to defend ourselves against myths of Wall Street and its fawning handlers within the Financial Infotainment Industrial Complex.

Nice, cynical view of Wall Street that everyone should read before investing. Maybe because we ought to ask ourselves whether investing really is all that deadly serious at all.

Even if you don’t have a deep interest in investing or personal finance this book is a must read because all people are or ought to be investing.

Yet this old book is plenty wise. Sometimes I procrastinate reading something really important to the point that I want to kick myself.

So you’ve got a good broker making you lots of money?

Where Are the Customers’ Yachts?: Or a Good Hard Look at Wall Street

It’s an insightful and witty read as promised. Otherwise, the basics are the same. Schwed satirically punctures our deeply-held myths in a totally goofy way. A professional trader, who had the good sense to get out after losing a bundle of money in the crash, offers svhwed and astute observations on Wall Street along with bottom-line wisdom.

Fred Schwed – Wikipedia

Apr 07, Aleksandr Batalov rated it it was amazing. Seems simple at first but th the end you catch onto the subtle truths underneath the dry wit. Apr 07, Mahesh rated it really liked it.


Would you like to change to the site? Jan 12, Tim Robinson rated tye it was amazing Shelves: Yes, you do know what. We read useful other thoughts, couched in humorous self-deprecation. Series Wiley Investment Classics. An inside look of the wall street from back in the early days. Jun 17, Senthil rated it really liked it.

It is a pretty short book, and so shall also this review be. It works for me. A book which is still running so well after 60 years gives a clear indication on its content! If you don’t you’ll end up doing nothing but making your broker happy.

I thought so too! To ask other readers questions about Where Are the Customers’ Rae That, if anything, is a lesson one might take away from this book.

Sometimes I really hope Schwed’s wrong. Schwed’s classic book from has stood the test of time and still raises lots of questions like the one in the title. All the answers, comments and habits that just don’t get questioned. Although written 75 years ago, applies very well today.