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Cover of Where Are the Customers' Yachts? or A Good Hard Look at Wall Street

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

by Fred Schwed Jr. · 1940

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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 cleanlanguage-the lunacy at the heart of the investment business."-Fromthe Foreword by Michael Lewis, Bestselling author of Liar'sPoker This hilarious portrait of everyday Wall Street and its denizensrings as true today as it did when it was first published in 1940.Writing with a rare mixture of wry cynicism and bonhomiereminiscent of Mark Twain and H. L. Mencken, Fred Schwed, Jr.,skewers everyone including himself in his brilliant send-ups ofbankers, brokers, traders, investors, analysts, and haplesscustomers. "How great to have a reissue of a hilarious classic that proves themore things change the more they stay the same.…

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"The funniest book ever written about investing; it lightly delivers many truly important messages on the subject."
Buffett's Shareholder-Letter Book Recommendations · berkshirehathaway.com