Fred Schwed, Jr. was an American stock broker turned author, known for his book on Wall Street, Where Are the Customers' Yachts?[1][2]
Background
editSchwed was born in New York. Schwed's father, Frederick Schwed, was a member of the New York Curb Exchange (renamed in 1953 to AMEX).[3]
He was a professional trader on Wall Street, but lost much of his wealth in the stock market crash of 1929. He subsequently published a children's book, Wacky, the Small Boy, and later, Where Are the Customers' Yachts?[4][5] Published in 1940 by Simon & Schuster (New York), the book is often cited by finance people such as Warren Buffett, Jack Bogle, and Michael Lewis as one of the most authentic, timeless, hilarious, and true descriptions of the culture of Wall Street and investment firms.[6][7]
References
edit- ^ "Where are the Customers' Yachts? The Bull Edition by Fred Schwed, Jr". www.goantiques.com. Go Antiques. Retrieved December 18, 2017.
- ^ "10 Great Lines From 'Where Are the Customers' Yachts?'". awealthofcommonsense.com. February 15, 2015. Retrieved December 18, 2017.
- ^ "FRED SCHWED JR., WRITER OF HUMOR; Author of Popular Books and Articles, 64, Dies". The New York Times. May 11, 1966. Retrieved June 7, 2022.
- ^ "Books on wall street (A website in Chinese)". www.wallstreetcn.com. Retrieved December 18, 2017.
- ^ "Business books: Where Are the Customers' Yachts? (Fred Schwed)". Business Insider. March 31, 2017. Retrieved December 18, 2017.
- ^ Schwed, Jr., Fred (January 1, 2006). Where Are the Customers' Yachts?: or A Good Hard Look at Wall Street. New York: Wiley. ISBN 0471770892.
- ^ "Books and illustration on finance". www.philnel.com. Retrieved December 18, 2017.
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