Where are the customers' yachts? or, A good hard look at Wall Street

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Fraser Pub. Co., Jun 1, 1985 - Business & Economics - 215 pages
One of the most amusing and penetrating views of Wall Street ever written. Enlightening and hilarious, packed with brilliantly funny anecdotes and astute observations on Wall Street and its players. The title derives from the naive comment of a New York tourist who, when shown the East River was told "there are the great Wall Street brokers Yachts".

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User Review  - dougb56586 - LibraryThing

This book is a humorous review of the Stock Market. It was written about 10 years after the 1929 stock market crash by an author who had been working on Wall Street at the time. His definitions of ... Read full review

LibraryThing Review

User Review  - drewfull - LibraryThing

A fun book that offers no solutions nor concrete advice, but does it's darndest to illustrate the problems on 1930's Wall Street, most of which are as poignant today as they were then. Schwed is ... Read full review


The Modest Cough of a Minor Poet
CustomersThat Hardy Breed
Puts Calls Straddles and Gabble

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About the author (1985)

Fred Schwed, Jr., was a professional trader who had the good sense to get out after losing a bundle (of mostly his own money) in the 1929 crash. Some years later, Schwed published a children's book titled Wacky, the Small Boy. Wacky became a bestseller, and Schwed went on to draw further on his experience in writing Where Are the Customers' Yachts? His publisher said of him, "Mr. Schwed has attended Lawrenceville and Princeton and has spent the last ten years on Wall Street. As a result, he knows everything there is to know about children.

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