Fred Schwed
Fred Schwed, Jr. was an American stock broker turned author, better known for his book on Wall street "Where are the customer's yachts?"
Fred Schwed was born in New York. Schwed's father Frederick Schwed was a member of the New York Curb Exchange(renamed in 1955 to NYSE).[1] He was a professional trader at Wall street, but lost much of his wealth in the stockmarket crash of 1929. He subsequently published a children's book "Wacky, the small boy" and later, Where are the customer's yachts?. First published in 1936, the latter is often cited by personalities including Warren Buffett, Jack Bogle and Michael Lewis as one of the most authentic, timeless, hilarious yet true descriptions of the culture of wall street and investment firms.[2]
References
- ^ "FRED SCHWED JR., WRITER OF HUMOR; Author of Popular Books and Articles, 64, Dies". timesmachine.nytimes.com. Retrieved 2016-05-21.
- ^ Schwed, Jr., Fred (1 January 2006). Where Are the Customers' Yachts?: or A Good Hard Look at Wall Street. New york: Wiley. ISBN 0471770892.
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