|
Product Description
"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.
Customers Who Bought This Item Also Bought
- Tap Dancing to Work: Warren Buffett on Practically Everything, 1966-2013
- Investing Between the Lines: How to Make Smarter Decisions By Decoding CEO Communications
- The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)
- The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits)
- Common Stocks and Uncommon Profits and Other Writings
- A Few Lessons for Investors and Managers From Warren Buffett
- Essays In Persuasion
- The Clash of the Cultures: Investment vs. Speculation
- The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success
- Stress Test: Reflections on Financial Crises
*If this is not the "Where Are the Customers' Yachts? or A Good Hard Look at Wall Street" product you were looking for, you can check the other results by clicking this link. Details were last updated on Dec 25, 2024 10:50 +08.