Results 1 – 9 of 9 Discover Book Depository’s huge selection of Fred-Schwed books online. Free delivery worldwide on over 19 million titles. Writing with a rare mixture of wry cynicism and bonhomie reminiscent of Mark Twain and H. L. Mencken, Fred Schwed, Jr., skewers everyone including himself in. 4 quotes from Fred Schwed Jr.: ‘Speculation is an effort, probably unsuccessful, to turn a little money into a lot. Investment is an effort, which should be.

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Fred Schwed – Wikipedia

fted We’re featuring millions of their reader ratings on feed book pages to help you find your new favourite book. Get Daily updates directly to your inbox Subscribe See our privacy notice. A must read for any investment or portfolio professional Sep 21, Terry Koressel rated it it was ok. Sadly, the signs of this phenomenon are everywhere.

I heard about this little book in Alice’s Schroeder The Snowball: No speculators will beat the market forever. Sadly, there is a lot of truth in sched comment. Amazon Renewed Refurbished products with a warranty. However, it is possible that Wall Street has more than its fair share of the negatives, given the belief that big money is attainable without the years of study or the incredibly hard work that is required of any successful professional.

Only the names have been changed to protect the innocent. Home Contact Us Help Free delivery worldwide. With this realistic outlook on those career paths, I’d hardly convince myself frrd enter those golden-cow farms. Bonds might go down further but don’t pay attention. Goodreads helps you keep track of books you want to read.


Very useful in understanding Wall Street’s and society’s behavior.

Battle for Investment Survival Gerald M. Amazon Inspire Digital Educational Resources. Sometimes I really hope Schwed’s wrong. Maybe then we would ask more, think more and get fooled less. Wacky became a bestseller, and Schwed went on to draw further on his experience in writing Where Are the Customers’ Yachts?

Experts such as, statisticians, partners or even thinkers offer ostentatious profundity, frsd even self-deceiving. Reform–Some Yeas and Nays.

Aug 03, Rishi Prakash rated it liked it. Amazon Restaurants Food delivery from local restaurants. Just listen to his take on the conservative banker: Speculation is almost nothing but coin flipping. What Schwed has done is capture fully–in deceptively cleanlanguage–the lunacy at the heart of the investmentbusiness.

Where Are the Customers’ Yachts?: Or a Good Hard Look at Wall Street

Feb 11, SallyStenger added it. Old-style humor, probably will go over the head of most modern day readers. Mar 23, Godfrey rated it really liked it. Where Are the Customers’ Yachts? Amazon Drive Cloud storage from Amazon.

His insights are as fresh as ever, and now most new “experts” shcwed the matter e.

Withoutabox Submit to Film Festivals. Mencken, Schwed skewers everyone includinghimself in his vivid depictions of the bankers, brokers, traders, investors, analysts, and hapless customers. Visit our Beautiful Books page and find fded books for kids, photography lovers and more. Return to Book Page.


Fred Schwed

Only 2 left in stock more on the way. When it’s bust buy the stocks from the people who are dying to sell the stock by selling bonds even at loss and stocks may go down further don’t pay attention and wait until the peak of 1. Like any industry, there are competents and inepts; those with integrity and the dishonest; folks who are out to serve their customers and those that are out for themselves.

Aug 16, Justin rated it it was ok Shelves: Jan 12, Tim Robinson rated it it was amazing Shelves: Nice, cynical view of Wall Street that everyone should read before investing. Subscribe to our Daily newsletter Enter email Subscribe. About Fred Schwed Jr.

The names of institutions and professional titles have changed over time, but Schwed comically and wittily proclaims why broker dealers are only in it for themselves – in the 40’s and today. Some years later, Schwed published a children’s book titled Wacky, the Small Boy. A very funny book and probably the truest and most enduring description of American finance ever written.