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

This humorous and wise book takes a good hard look at the world of investing on Wall Street. Exposing the folly and hypocrisy of the industry, it offers contrarian advice and opens investors' eyes to the reality of brokers getting rich while their customers go broke. Featuring a hilarious story about visitors to New York admiring yachts of bankers and brokers, the book makes readers question where the customers' yachts are. It's a classic that proves the more things change, the more they stay the same.