![]() ![]() “And as word of this little secret began to spread throughout Long Island-that there was this wild office, in Lake Success, where all you had to do was show up, follow orders, swear your undying loyalty to the owner, and he would make you rich-young kids started showing up at the boardroom unannounced.” – Jordan Belfort 3. The reason Belfort was able to transform young, uneducated people into charismatic stock brokers was because he was able to impart his knowledge by giving simple instructions in a way that even the most stupid employees could easily understand. While there had been other people on Wall Street who’d had the same idea, Jordan Belfort was the first person to execute on this idea. That rich people love to gamble – especially when the gamble seems like a legitimate business opportunity. Stratton Oakmont’s initial success was based on two premises: That Belfort had come up with a way of teaching young, uneducated people how to sound like professional stock brokers over the phone. Read on for some great insight into this motivated business man that will show you how Jordan Belfort was able to build a super pumped organization before it all came tumbling down. But beneath all the debauchery there are a number of key lessons for you to learn from the success of Jordan Belfort and Stratton Oakmont. Haha so we’ve got some bad news for ya, hedge funds.Both the book and the movie “ The Wolf of Wall Street” contain many crazy, entertaining, and decadent stories. Yeaaa im deff gonna develop a gambling addiction by the end of todayġ6. This wasn’t a problem before? Do we need help? Just had the same convo with our girls.ġ3. They’ll just pull themselves up by their bootstraps!ġ2. Me after buying 3 shares of #amcstock /8HoArrp3O0Ĩ. We’re all figuring this out collectively.ĥ. Because if we can’t go to the movie theater, at least we can get rich off them. Up next on their list? AMC, Blackberry, and Nokia. Guess it’s time for them to cut back on the avocado toast. So far, the hedge funds have lost five billion. Their goal? To bankrupt the hedge fund managers when those shorts come due on Friday. And, in a matter of few weeks, they took the meme stock (sorry, stonk) from $39 to $347 at the close of the market today. ![]() This week, Reddit - specifically the subredding r/wallstreetbets - decided to take on hedge fund managers that had shorted Gamestop (GME). In fact, there’s plenty of funny tweets and memes about what’s happening on Wall Street this week. Unless you run a hedge fund, are obsessed with finding new The Wolf of Wall Street scenes to make memes from, or are named Chad, the stock market is generally boring. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
January 2023
Categories |