Fred Schwed’s classic Where are the Customers’ Yachts? delivers simple financial truths with a side a satire. He presents the unvarnished view of Wall Street as he saw it:
…thousands of erring humans, of varying degrees of good will, solemnly engaged in the business of predicting the unpredictable.
The book is filled with more great lines about timeless lessons on investing, speculating, and Wall Street.
I thought I’d share a few of my favorites: Continue Reading…