SCHWED, Fred; Illustrated by Peter Arno.
Where Are the Customers' Yachts: or A Good Hard Look at Wall Street.
First Edition of Fred Schwed's Classic Where Are the Customers' Yachts; Lengthily Inscribed by Fred Schwed and In the Rare Original Dust Jacket
New York: Simon and Schuster, 1940.
$7,500.00
In Stock
Item Number: RRB-150951
* Custom Clamshell Boxes are hand made by the Harcourt Bindery upon request and take approximately 60 days to complete
First edition of "one of the funniest books ever written about Wall Street" (The Washington Post). Octavo, original cloth, illustrated by Peter Arno. Presentation copy, lengthily inscribed by the author on the front free endpaper, "Really dear Virginia - Hope you don't understand a profound tome like this - I would not wish to furrow so smooth & subtle a brow. Fred Schwed Jr." Very good in the rare original dust jacket, which is in very good condition. First editions in the original dust jackets are rare, this is the first signed example we have seen.
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. "Once I picked it up I did not put it down until I finished. . . . What Schwed has done is capture fully—in deceptively clean language—the lunacy at the heart of the investment business" (Michael Lewis).
Where Are the Customers' Yachts: or A Good Hard Look at Wall Street.
$7,500.00
In Stock
