Where Are All the Customers Yachts?

Or A Good Hard Look at Wall Street

Fred Schwed Jr. - Collection Wiley Investment Classics

170 pages, parution le 21/02/2006

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Résumé

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.

L'auteur - Fred Schwed Jr.

Fred Schwed Jr. was a professional trader who got out of the market after losing a bundle in the 1929 stock market crash. Years later, he published a bestselling children's book entitled Wacky, the Small Boy, and then went on to write Where Are the Customers' Yachts?

Sommaire

Introduction by Jason Zweig
Foreword to the 1995 Edition by Michael Lewis
Introduction to the 1955 Bull Market Edition
Introduction - "The Modest Cough of a Minor Poet"
Financiers and Seers
Customers - That Hardy Breed
Investment Trusts - Promises and Performance
The Short Seller - He of the Black Heart
Puts, Calls, Straddles, and Gabble
The "Good" Old Days and the "Great" Captains
Investment - Many Questions and a Few Answers
Reform - Some Yeas and Nays
About the Author

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Caractéristiques techniques

	PAPIER
Éditeur(s)	Wiley
Auteur(s)	Fred Schwed Jr.
Collection	Wiley Investment Classics
Parution	21/02/2006
Nb. de pages	170
Format	14 x 21,5
Couverture	Broché
Poids	215g
Intérieur	Noir et Blanc
EAN13	9780471770893
ISBN13	978-0-471-77089-3