Rating: 
Summary: Original Motley Fool
Review: "The more things change, the more they stay the same." That's how Fred Schwed, Jr. introduces this gem, if my translation of the French is correct. The book is timely, even though it was first published in 1940. The author shares his observations of Wall Street with wit and humor."The chief concern of this book", he states, "will be with an examination of the nonsense ... ." One example is this excerpt from a paragraph he takes out of The Wall Street Journal: "the action of the market was regarded as in the nature of a technical recovery, with little thought of the imminence of dynamic action." Nonsense was apparently well articulated before the bull market of the '90s. Another example is his explanation of why people buy high and sell low when they go to the stock market. They mistakenly believe that once prices are rising (or falling), they'll continue to rise (or fall). "But it is not a fair thing to say of the stock market," he claims,"which, not being a physical thing, is not subject to Newton's laws of propulsion or inertia." There's more than "an examination of the nonsense" here. Readers may take "A Little Aptitude Test" to see if finance is their calling and consider "A Little Wonderful Advice" on getting rich. If Schwed's advice doesn't make you rich, his hilarious insight will at least make you laugh.
Rating: 
Summary: Laugh and Learn!
Review: A friend of mine gave me this book to read to help me understand a bit about why the economy is in the dumps and why all my investments are in the toilet. While I laughed a lot and learned a lot, my investments are still in the toilet. I guess I'll never know how wall street really works, but this book is a great introduction and has some good (humorous) insights for outsiders like me.
Rating:
Summary: Laugh and Learn!
Review: although written in the 1940's this tells you many of the difficulties of investing today. His comparison of investing and speculating to love and passion is a classic explanation of the problems of investing. Do not miss this classic, and trust your own inner voice, instead of those so called professionals.
Rating:
Summary: the more they stay the same
Review: although written in the 1940's this tells you many of the difficulties of investing today. His comparison of investing and speculating to love and passion is a classic explanation of the problems of investing. Do not miss this classic, and trust your own inner voice, instead of those so called professionals.
Rating:
Summary: Manage your own investments
Review: Financial advisors, pundits and prognosticators abound, though not as much now that the bubble has burst. "Where Are All The Customers' Yachts?" provides comical insight into the ways of The Street. It was written in 1940, but not much has changed. The simple truth is no one can predict the future, not the weather (wo)man and not the financial community. In light of this simple truth, there is an awful lot of money flowing out of investors' pockets into (the pockets of) those paid to know the unknowable. The cartoons and stories in the book make light of this and will cause most readers to chuckle. Before buying financial advice (in the form of a broker, financial advisor, or mutual fund fees) understand just what it is you are paying for.
Rating:
Summary: Manage your own investments
Review: Financial advisors, pundits and prognosticators abound, though not as much now that the bubble has burst. "Where Are All The Customers' Yachts?" provides comical insight into the ways of The Street. It was written in 1940, but not much has changed. The simple truth is no one can predict the future, not the weather (wo)man and not the financial community. In light of this simple truth, there is an awful lot of money flowing out of investors' pockets into (the pockets of) those paid to know the unknowable. The cartoons and stories in the book make light of this and will cause most readers to chuckle. Before buying financial advice (in the form of a broker, financial advisor, or mutual fund fees) understand just what it is you are paying for.
Rating:
Summary: As funny today as it was years ago!
Review: I read this book years ago before Amazon.com was even a glint in Jeffs eye, and happenstance put it back in my hands recently. It is every bit as hilarious today as it was back then. I came here as I was curious to see if it was still in print and if so, what people today were saying about it.
As not enough of the reviews reflected my experience I felt compelled to post my two cents so as to keep any prospective readers from being scared away.
Even if you've never had any personal experience with Wall Street, the Chicago Board of Trade or anything else in between, if you'd like a very, very funny read I recommend this book. If you *do* have investment experience you'll find it even funnier.
If you're going to be taking the Paoli local into town anytime soon, look for the copy Scott left on the bench on his way to Starbuck's. I promise you if read with a sense of humour you'll be howling with laughter before you get to Daylesford!
Rating: 
Summary: A Look at Wall Street Excess with Classic Humor
Review: If Will Rogers and Mark Twain got together to write a book on the excesses of Wall Street, the outcome would have been this book. Having stood the test of time and now displayed as an investment classic, this book is a must read for anyone who works in finance. The author does a great job of humorously outlining the excesses of Wall Street, the classic conflicts between bankers and their clients, and the fickle nature of the market. It is a very quick read with many anecdotes that are relevant to this day.
Rating:
Summary: Humor for the Intelligent!
Review: If you are tired of so much seriousness as everyone discusses Wall St., you have got to read this book. Do it now! Before you send another check for investing your to your broker (or your brother-in-law). Very quick to read, the author keeps a quick pace as he jabs at everyone associated with "The Street"
Rating:
Summary: Funny!
Review: If you think reading Investment books is a rather dry and serious affair, then you'll be pleasantly surprised by this one. I found it funny but also bearing a ring of truth. The short story relating to the title was I thought the most funny of all.
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