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Where are the customers' yachts?Fred Schwed

Where are the customers' yachts?

Or, A good hard look at Wall Street
Fred Schwed · 1940 · 256 pages
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About the book

Fred Schwed offers a satirical and perceptive critique of the financial industry through anecdotes and sharp observations. The provocative title questions why, if investment advisors are so competent, it is they—and not their clients—who own yachts. A classic and pertinent read on the conflicts of interest in the industry.

Book details
AuthorFred Schwed
Original titleWhere Are the Customers' Yachts?
Year of publication1940
Pages256

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