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A father, who is a banker shows his son "This is our Yacht and those are our brokers''". Son asks "Dad, where are the customers' yachts?". A book, written in 1
by somberi 11y ago
A father, who is a banker shows his son "This is our Yacht and those are our brokers''". Son asks "Dad, where are the customers' yachts?".
A book, written in 1930s, based on this quip still remains one of my favourite books about Wall street. Link:
http://www.amazon.com/Where-Are-Customers-Yachts-Street/dp/0471770892 http://www.amazon.com/Where-Are-Customers-Yachts-Street/dp/0...