#4218
Mentioned in 7 episodes

Where Are the Customers' Yachts?

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

', Fred Schwed Jr. delivers a witty and incisive critique of the financial industry, exposing the myths and misconceptions that pervade Wall Street.

The book humorously explores how financial professionals often prioritize their own wealth over clients' financial well-being, and it offers insights into human psychology and investment behaviors.

First published in 1940, the book remains relevant today, cautioning investors to approach financial advice with skepticism.

Mentioned by

Mentioned in 7 episodes

Recommended by
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Jason Zweig
as a funny and insightful book about investing.
48 snips
The Intelligent Investor
Mentioned by
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Gautam Baid
to highlight perverse incentives in the investment management industry.
47 snips
TIP566: The Passionate Pursuit of Lifelong Learning w/ Gautam Baid
Recommended by
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Anthony Yoseloff
as a classic book on investing.
37 snips
The Absolute Return Revival with Tony Yoseloff
Mentioned by the speaker as a book that offers a cynical view of Wall Street.
13 snips
Other People’s Money: Jacob Goldstein and the Bonds of Wall Street
Mentioned by
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Clay Finck
while discussing Nick Sleep's views on market crowds and investment timing.
TIP492: The Best Investor You've Never Heard of
Recommended by
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William Green
as a book containing helpful human truths and advice on how to die rich.
RWH012: Fear the Fed w/ Jim Grant
Mentioned by
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Matt McLennan
in the context of his high school investment club.
RWH014: The Resilient Investor w/ Matthew McLennan
Mentioned by
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Emmanuel Lemelson
as a book about how insane Wall Street can be.
Investor's Picks Up 50% In 3 Months, Called TSLA Crash, Here Are His Next Buys | Emmanuel Lemelson

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