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Where Are the Customers' Yachts?Discover the timeless classic, 'Where Are the Customers' Yachts?', a brilliant and humorous take on the investment industry. This insightful book, penned by Fred Schwed Jr., probes the absurdities of Wall Street, expertly highlighting the disparities between the wealth of financial advisors and their clients. If you're looking for a compelling read that blends humor with critical financial insights, this is it. First published over fifty years ago and
Discover the timeless classic, 'Where Are the Customers' Yachts?', a brilliant and humorous take on the investment industry. This insightful book, penned by Fred Schwed Jr., probes the absurdities of Wall Street, expertly highlighting the disparities between the wealth of financial advisors and their clients. If you're looking for a compelling read that blends humor with critical financial insights, this is it. First published over fifty years ago and reissued for a new generation, this book uses witty prose to expose the irony of the stock market and the financial services industry. The title itself is derived from a whimsical story that captures the essence of the investment advisory world—an inquiry about the elusive yachts owned by customers, juxtaposed against the opulent boats of bankers and brokers. With 208 pages of enlightenment, it serves as both a mirror reflecting the ongoing dynamics of the financial world and a guide for investors who dare to wade through the murky waters of Wall Street. Schwed’s work continues to resonate, providing contrarian advice while making readers laugh. Whether you are an experienced investor or a novice seeking knowledge, 'Where Are the Customers' Yachts?' is essential reading for anyone interested in understanding the truth behind investing. It’s a book that you will not want to put down once you've started. Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled. Condition: BRAND NEW. ISBN: 9780471770893. Year: 2005. Publisher: John Wiley & Sons Inc (US)Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.
Condition: BRAND NEW
ISBN: 9780471770893
Year: 2005
Publisher: John Wiley & Sons Inc (US)
Pages: 208
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
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★★★★★ 5
Beat tuxedo ever !!!
Size: Large, Color: Royal Blue
So beautiful. The texture, design, and quality.
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Reviewed in the United States on May 31, 2026
★★★★★ 5
Suit.
Size: Large, Color: Sliver
Great well fitting suit.
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Reviewed in the United States on March 19, 2026
★★★★★ 1
Bad service
Size: XX-Large, Color: Green
Delivered the wrong size returned the suit then they delivered the pants minus the vest and jacket
Not sure went wrong but was definitely not pleased 10 thumbs down 👎🏾
The tux is a very nice tux and color was on point trued it on was very comfortable feels cool enough to we’re in the summer great quality just sent the wrong size I also sent a email never got a response thanks for messing up my plans
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Reviewed in the United States on March 4, 2026
★★★★★ 4
Traje
Size: XX-Large, Color: Dark Black
El traje se lo compré a mi hijo, dude en comprarlo por internet ya que el tiene 16 años es alto y de complexión robusto, el traje viene de tres piezas el bordado del saco es muy bonito la calidad de la tela es muy buena y resistente viene de acuerdo a la talla, no llega ni muy reducido la talla ni muy grande, solo el pantalón viene sin costura para que lo pongas al largo que tú quieres
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Reviewed in the United States on February 5, 2026
★★★★★ 5
Nice
Size: X-Large, Color: Royal Blue
Nice to size great fit very nice
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Reviewed in the United States on March 10, 2026