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Where Are the Customers' Yachts?

Or A Good Hard Look at Wall Street

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Teklif 29 Ocak 2026 tarihinde saat 23:59 GMT itibarıyla sona erer.
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Where Are the Customers' Yachts?

Yazan: Fred Schwed Jr.
Seslendiren: Mark Moseley
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3 aydan sonra aylık 8,99 £. Aylık olarak iptal edilir. Teklif 29 Ocak 2026 tarihinde saat 23:59 GMT itibarıyla sona erer.

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Özet
 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.

"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(P)2012 Audible, Inc. Investing & Trading Personal Finance Wall Street Yatırım
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The book is very entertaining and easy to listen. Descriptive and humorous narrative brings to light hypocrisy of the Wall Street with lots of irony and satire.

The book is not a manual of how to invest or what to avoid rather enjoyable and fun view of the financial madness and absurdity back in 50’s which also is sadly present today.

Cynical view of Wall Street

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Excellent quick book on the working and experience of one man on Wall Street. Good if you are just getting into investing or if you want something to listen to on an evening.

Fast, funny & interesting

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Loved every line of it, dripping with wit and humour yet very insightful and well ahead of its time.

Funtastic, unputdownable

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This in a book that I lyssend to becours it was om Charlie Mungers reading list an and The book and Charlie always delivers thatful idéer.

It sems to holdingbolag upp in 2024

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First written in 1940, many of these wry observations on the wacky and irrational ways humans approach finance can still be seen in full swing. Much has of course changed in the last 80 odd years and some of it is inevitably anachronistic, but the core themes of people over-estimating their own foresight and blaming everyone but themselves for the outcomes - will find plenty of modern parallels in any readers mind. It helps that Schwed comes across as someone overserving universal human failings rather than setting himself up as a wise exception to them, as some authors on this subject occasionally do. It's a fun little listen that will entertain for a few hours even if one is not closely familiar with the finance industry.

The narrator is excellent and really brings out the author's tone and style of writing.

A witty collection of musings on human folly.

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