Where Are the Customers' Yachts? or a Good Hard Look at Wall Street : or A Good Hard Look at Wall Street

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Where Are the Customers' Yachts? or a Good Hard Look at Wall Street
: or A Good Hard Look at Wall Street

作者:FredSchwedJr.

出版社:Wiley

副标题:orAGoodHardLookatWallStreet

出版年:2005-12-22

页数:208

定价:GBP17.99

装帧:Paperback

ISBN:9780471770893

内容简介
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"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.

作者简介
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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?

目录
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Introduction by Jason Zweig.

Foreword to the 1995 Edition by Michael Lewis.

Introduction to the 1955 Bull Market Edition.

I. Introduction—"The Modest Cough of a Minor Poet".

II.. Financiers and Seers.

III.. Customers—That Hardy Breed.

IV. Iinvestment Trusts—Promises and Performance.

V. The Short Seller—He of the Black Heart.

VI. Puts, Calls, Straddles, and Gabble.

VII. The "Good" Old Days and the "Great" Captains.

VIII. Investment—Many Questions and a Few Answers.

IX. Reform—Some Yeas and Nays.

About the Author.

评论 ······

"This book was first published in 1940 and is now in its 4th edition. The funniest book ever written about investing, it lightly delivers many truly important messages on the subject." – Warren Buffet…

An insightful and witty satire of professional investing and Wall Street itself, just as was stated in the recommendation, a book "that will provoke you, teach you, and crack you up all at once". The …

cynical but true, 笑死我了

audiobook

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