Where Are the Customer's Yachts?, Or, a Good Hard Look at Wall Street

"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 PokerThis hilarious portrait of everyday Wall Street and its denizens rings as true today as it did when it was first published in 1940. Writing with a rare mixture of wry cynicism and bonhomie reminiscent of Mark Twain and H. L. Mencken, Fred Schwed, Jr., skewers everyone including himself in his brilliant send-ups of bankers, brokers, traders, investors, analysts, and hapless customers."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 President, Bloomberg, LP". . . one of the funniest books ever written about Wall Street."_Jane Bryant Quinn, The Washington Post"It's amazing how well Schwed's book is holding up after 55 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"A delightful classic and reminder of excesses past and how little things change." _Bob Farrell, Senior Vice President, Merrill LynchSchwed, Fred is the author of 'Where Are the Customer's Yachts?, Or, a Good Hard Look at Wall Street', published 1995 under ISBN 9780471119784 and ISBN 0471119784.