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Where Are the Customers' Yachts? by Fred Schwed Jr. — WisdomDeck honest review
Honest review · Money

Where Are the Customers' Yachts?

by Fred Schwed Jr.

A 1940 satire of Wall Street that is still accurate: brokers get rich, customers do not. Funny and wise.

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Read it if…

you want investing skepticism with laughs.

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Skip it if…

you want a how-to.

Try instead: The Money Game →

Three things you will actually use

  1. Fees are the business.
  2. Skepticism is protective.
  3. Keep it simple.

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Read the chapter on the title question.

Our verdict

Wall Street satire.

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