Where Are the Customers' Yachts?: Or A Good Hard Look at Wall Street Free Audiobook Download by Fred Schwed

Where Are the Customers' Yachts?: Or A Good Hard Look at Wall Street is a short story written by Fred Schwed, which tells the story of a fictional investment bank. The narrator finds an innovative way to increase revenue and profits while simultaneously reducing employees' workload.

The whole point of this audiobook is to show how the whole financial world has turned on its head, and to look at all the greed and corruption, as well as what we can do in order to change it.

In this audiobook, Fred Schwed investigates the people and institutions of Wall Street. He goes back to the days when America was a place where people could make their own way and become their own masters, a country that had an opportunity to shine in its own light. But then it started to slip into something else and he knew what it was. It was greed, unbridled greed. There was no other name for it.

In "Where Are the Customers' Yachts?" Fred Schwed tells his story of being a salesman at Goldman Sachs, and in particular, how he dealt with pitching to customers. In this audiobook, Schwed describes how he used humor as a sales tactic with clients. He also shares his idea on what constitutes a good salesman--someone who is able to act like they are actually happy when they sell something to a client even if they are not happy with it themselves.

This captivating audiobook is an entertaining look at the recession and how the stock market has been manipulated to produce huge profits for Wall Street. The narrator's voice, which I found to be very easy to listen to, is helpful in keeping you engaged with the characters' thoughts. Although this book was written in 2006 and therefore may seem dated by today's standards, it's still a great way to get up-to-date take on the financial markets.

When a stock market bubble starts to burst, what happens to the people who bought into it? They're left with nothing but time and a once-prized asset that they can't sell.