killerkk. Everyone who made the decision to take our student loans or a mortgage is in debt, at least he got to spend most of the prime of his life on top of the world.
Radu Vlad nobody said he was a good person don’t put words in my mouth. I said he lived life in style for years and if you look back at it it was probably worth it.
Joe no well he started his company in 1990 and was sentenced in 2003 but I’d still say that’s worth it because over half of America is in debt and never got to experience the life he did even for a short while. The thing is he shouldn’t even have been as soon as he was and he probably still lives more lavishly than 98% of the population.
hell Matthew McConaughey should have won an Oscar for his role in this movie alone. He was absolutely phenomenal as that character even if he was just in the beginning of the movie for a small amount of time
I think if you told Tommy Chong any amount of anyone's life story he'd say something along the lines of "Yeah man; you should like totally write a book or something".
I used to work in Finance, and there actually was a dwarf tossing party that did end up getting a brokerage in trouble. It was in Florida. I worked in Compliance and read the NASD and SEC write ups of it. I'm not surprised they threw it in the movie.
The Miami newspaper interviewed the little person in question. He said something to the effect of; they got paid, I got paid, a good time was had by all! Like - uhhh... okay, sir. I appreciate that you were cool with it, but I still have regulatory questions.
There is a dwarf guy called "Beetlejuice" who frequently appeared on The Howard Stern Show that was hired out for dwarf tossing parties. So yeah, I'm not surprised that it is a real thing. BTW you don't have to say "little people", you can say dwarf; the condition is "DWARFism".
500 points was at the time a 22% drop right when the bell rang. That is still the worst opening in history. In march this year the dow fell by the second most of all time but that was still at 12% so even that was about half of black Thursday.
Living that lifestyle for a decade and after all that you get to spend 22 months chillin with Tommy Chong at a "summer camp" ... dude is the luckiest human alive.
Not only that,he had Martin Scorcese made a movie about him,where DiCaprio plays him and he still makes good money with his seminars and book,despite having to pay back his victims. He actually did seminars on sales-techniques for german Deutsche Bank ( one of the biggest banks in Europe and worldwide),so he still lives a comfortable life,while the people he scammed lost their life savings.
@@doublep1980 Yeah, and even though he has to pay back everyone he has scammed, since he is doing it little by little, he will be dead before he finishes.
It’s insane that Jordan Belford got away with about 2 years after basically robbing people of billions of dollars, yet if someone were to rob a gas station or something like that they would most definitely get at least 10 years give or take depending on what state your in. I think the justice system needs to revaluate it’s crime system and serve harsher criminal sentences accordingly. (Edit man this has a lot of likes and comments lol, looking back on this I was definitely wrong on the comment, but I do still think it’s crazy)
you are wrong, that is robbery you put worker on that gas station in danger so you must have a longer sentence, this is fraud by the phone there is no direct impact on someone life and its harder to find evidence to sand someone in jail
Anything that involves violence, threat of violence of threat to someones life should get a longer sentence. If someone took money from your account without you knowing thats bad, if someone puts a gun to your head and steals your wallet, thats a lot worse.
@@dusanmiljkovic7479 you are also wrong. White collar crimes affect more people than you realize. They can affect companies, families, and even a country's economy. They may not be violent,but they are dangerous to anyone's financial stability.
@@alphaligmaphi7151 It's almost like you're viewing Belfort as Bernie Sander's best champion or something. Contrary to what you think, he wasn't Robin Hood.
Nelson W. No I think he was a con artist who defrauded investors with a pump and dump scheme and insider trading with Steve Maddens IPO. I also think that a system that allows him to Foster is the issue, not him.
@@alphaligmaphi7151 11.2 billion in income... no their net is under 5 billion. Gotta love people who don't understand business but then bitch about wealthy companies. (which by the way send earnings to a multitude of people, that's how a c o r p o r a t i o n works)
I remember my old boss saying afterwards he idolized Jordan Belfort and he got mad when I explained what a horrible crook he actually is. I didn't work for him much longer after that.
I had no idea that was Bo Dietl playing himself. That guy deserves a lot of credit, working with Oscar level talent on a HUGE movie production takes a lot more than just memorizing some lines.
I met this kid in college who's father worked for Jordan, he served 3 years. He was very wealthy though which knowing what I know now I wonder how he kept all that money.
That’s why you hire a lawyer long before trouble starts. Offshore companies with bank accounts in phony names etc. Not expensive compared to the other consequences.
@@alexman378 Belfort didn't NEED to be ratted out, Stratton Oakmont was such a massive boiler-room operation that it drew the attention of the SEC and the Feds just by the way it was operating. It's kind of like...your local neighborhood drug dealer might be able to fly under the radar, but a group like the Chambers Brothers, who took over an entire apartment building as part of their operation, selling different drugs on each floor...are bound to draw a bit of attention, and not the good kind, d'yer know what ah mean?
Haha, I found the book in an op shop I was working at and one of the volunteers said it should have been called Wolves of Wall Street which he said was a more accurate label for the seedy nature of some Wall Street ventures and traders, some who also did dodgy practices with assets and liabilities reporting and went out of business screwing their investors (Enron, Lehman Brothers et.al)
You could make the argument that criminality and financial irresponsibility like Belfort's led to the collapse of the dotcom bubble and the GFC of 2008. Ergo: History.
I honestly think it's about the never ending high money can bring an awesome up but like all addicts the user looks for other substances to get that same feeling.
Technically, he didn't embezzle everything. What he did was a form of fraud. Let me break it down. Its called a Pump and Dump. Belfort would tell his friends to buy into a penny stock while it was dirt cheap. Then, his staff would cold call Average Joes and convince them to buy hundreds, thousands in that stock. By doing this, he could artificially raise the price on the stock. Then, his buddies would sell high and Belfort would get 50% commission on all those trades, screwing over the Joes
@@abdullahimran4624 Once Belfort's friends would sell off it would likely end up driving down the price, or just return it to natural and realistic numbers
@@abdullahimran4624 Yes it's basic supply and demand. Let me explain it using a more achievable example. Lets talk about video games. Say were are in the past and Final Fantasy VII just came out and you know that game is going to be amazing and worth more in the future. So you buy multiple brand new copies of the limited edition version and leave them unopened. They were worth $60 each copy brand new. Fast forward to now and those limited edition copies are now worth $1,000 because they are rare and many people want them. You put them all up on eBay but turns out you weren't the only one. There is a guy who put up a few copies for $900 and people aren't buying the $1,000 ones. You see this and put it up for $800 and people buy some of your copies but then someone else puts it for $700 and so on so forth until eventually it's not as special anymore. You want to try it with another game, lets say "ET The Game" but nobody cares about it and it's only worth like $1 per copy. You manipulate people into believing that the game is worth buying and people start buying a lot of copies(demand goes up), so the price starts going up and now every copy is worth $1,000. You know that people are going to start selling and lowering the value so you make sure to put up all copies on eBay before anyone else so you can maximize your profit. This is basically what they were doing.
My aunt was a consultant for this movie as she is one of the lawyers who put him away. She also knew every real Person involved and met most of the actors.
I started as an intern at a large financial institution in the actuarial dept... I quickly moved over to Wealth Management. My first day on the floor The executives were debating the difference between a Call-Girl, Escort, and a Hooker. The Wolf of Wall Street is tame compared to what actually goes on.
@@6redda Work smart my friend. Hard means discipline while Smart means direction. You can work hard like a rower on a rapid's ride, but if you row hard against the tide, well... you aren't doing yourself any favors, are you now?
They're nothing alike, they're just both rich lol. Gatsby was a classy, polite man that did not even partake in the drugs and activities of his own parties, and tries his best to rid himself of his "new money" reputation. Belfort is a blunt, erratic drug-abuser who takes pride in his new money status and activities.
The similarity is only superficial. Belfort was incredible greedy and hedonistic and got rich for only those reasons. Gatsby was succesful and threw his parties to attract Daisy Buchanan, the woman he loved. If you actually had read the book, you'd also know that Gatsby himself is being portrait as shy and certainly not at the forefront of the debauchery like Belfort is in Wolf.
Belfort has come out since and said the monkey was real, the pets were real, but the dwarf throwing was only 'allegedly' since he wasn't there to witness it. In real life Danny had taken over the company by that point and Jordan only heard of something similar happening in the office.
Thank you! A few interesting things you left out, Matthew McConaughey's character in real life was a part owner of Startton Oakmont. Steve Madden went to prison too for this crime and is forbidden from running his own company ever again. The FBI agent ended up becoming friends with Jordan in real life.
Just because someone is a criminal doesn't meant they're a "bad guy" you can still be cool just they're not the most honest people,it's literally the charisma and character but with a few bad habits and if they kick it then it's not too bad
Fûck A you will never see a black people selling shit to rich man... at least they try Black man are used for sports and black culture music and films (sarcasm)
My brother was gaining employment during this time, being from NY, asked him about the firm - it had a reputation of exactly what was shown (and not shown), though he said all firms played hard
What I love about this movie is the underlying fact that the main character is seen as unreliable from the get go so everything that does occur throughout can either been taken as fact or fiction
I mean I would definitely history as *important* things that have happened. Obviously March 2020 was a major historical month for the world, despite being less than two years ago. I don’t see why it shouldn’t be discussed in history and economics classes when it’s a clear and easily relatable time period.
My dad has worked in finance for a good 35 years, and is the same age as Jordan Belfort. He says that he met him a couple times, and Stratton Oakmont was famous (or rather, infamous) among his colleagues. He offered some interesting insights. Apparently the part of the movie with the dialogue scripts that Jordan Belfort gives out is 100% accurate; he believed his process was so perfect, that all he had to do was put the words into his employees' mouths, and they could sell. While I do not work in finance (although I did have some internships in college), I've lived around that world my entire life; many of the kids I knew growing up also had parents that worked in finance. And many of those same kids are currently working in finance now. Considering the people I grew up around, here's what I can say: I loved this movie. Wolf of Wall Street is a fascinating and extremely accurate look at the MINDSET of finance people, how they view themselves, how they talk, and how they think. Many of them, particularly the younger ones that are closer to my age, love this movie and approach it the same way I would imagine gangsters do "The Godfather". Although, while finance people do love to party, spend tons of money, and avoid sobriety wherever possible, I think a lot of that was exaggerated in the film. For instance, finance people love their drugs and alcohol, but apart from the occasional beer on a Friday afternoon, doing either of those while you're actually in the office is highly frowned upon. If you want an accurate picture of what the finance world is actually like, as opposed to the mindset of the people in it, "The Big Short" is 100%.
The Big Short was really entertaining and actually explained all the concepts of the financial world in an ELI5 way that was fun and also helped us understand how banks and regulators screwed up in 2007-08 and the decades leading up to it.
@@aburnoutfailurewithsomemem3085 thats wrong. The Wolf of Wall Street has more fucks in it than any other movie exert a comedy about swearing and a documentation about the word, both of wich don't qualify for a ranking among normal films
I think you should do the movie Michael Collins starring Liam Neeson. It's about the Irish war of independance and civil war. It would be interesting as you have never covered Irish history before.
Here’s some irony for you guys: The financing for The Wolf Of Wall Street was done by the stepson of the Malaysian prime minister who embezzled hundreds of millions from their country (before fleeing with their millions to somewhere.) The film about fraud was paid for with more fraud. 😂 From CNBC:The company behind the 2013 film, "The Wolf of Wall Street", agreed to pay the United States government $60 million to settle a civil lawsuit that sought to seize assets allegedly bought with money stolen from a Malaysian state fund. The film's producer, Red Granite Pictures, co-founded by the Malaysian prime minister's stepson, announced last September that it had "reached a settlement in principle" with the U.S. government, but did not reveal any sum at the time. According to a filing in a California court on Wednesday, the company also settled claims against its rights and interests in two other films, "Daddy's Home" and "Dumb and Dumber To". "We are glad to finally put this matter behind us and look forward to refocusing all of our attention back on our film business," Red Granite said in a statement on the filing. U.S prosecutors, pursuing their biggest kleptocracy asset recovery initiative, had claimed the three films were financed by Red Granite using money misappropriated from 1Malaysia Development Berhad (1MDB), a state fund founded in 2009 by Malaysian Prime Minister Najib Razak.
@@paradisecityX0 90s wasn't all great. Remember the Rwandan Genocide where millions died, Yugoslav wars and the struggling economy of Russia of the post cold war?
and this movie would had tanked without Leo (:and to a lesser extent Jonna). I don't think anyone would had pull those performances, and they made the movie as enjoyable as it is.
I think Gosling could have played Belfort just as good if not better. And I think Jesse Eisenberg could have played Danny Porush/Donnie Azoff (Eisenberg even looks more like the real Porush)
@@notsoaveragejoe2039 are you serious? Watch Place Beyond The Pines, Blue Valentine, Fracture, Only God Forgives, Drive, The Big Short, or The Believer and say the same thing....
Another Scorsese masterpiece! Almost all his movies are a hit! Mean streets, raging bull, goodfellas, and taxi driver, aviator and casino. His upcoming movie with de niro and joe pesci the irshman is going to be awesome.
I think that his movie *Silence,* the story of a Jesuit in 17th century Japan, is an astonishing work of art, and one that could benefit from a History Buffs analysis.
this STILL happens today. salesmen sucker older people into buying penny stocks the salesmen know are worthless. they have rounds of fundraising and are allowed by law to solicit people who have a certain net worth. my uncle had to postpone his retirement because a shady neighbor acting as a salesman for a penny stock firm suckered my uncle into dumping a huge part of his life savings into a worthless penny stock. this happened just 2 years ago
Why would someone invest a huge part of their life savings into a company and not go over the company’s financials and the basis for the valuation of said company’s stock. A con works if the victim thinks they are getting something for nothing, my guess is that your uncle was trying to ride a pump and dump scheme and is now blaming it all on ”shady salesmen”.
I didn't like this movie, it had a misleading title. There were no wolves in this movie. What a scam. I came to the movie to see wolves on wall street, not... whatever this was....
Is it bad that before I knew it was directed by Scorcesse upon seeing the poster I actually did think that Leo's character turned into a wolf and it would be one dumb movie
I love the bit when she wakes him up by throwing water on him and she is asking who a woman is and he say “ who who” and her reply “what are you a fucking owl” 😂😂😂
I appreciate that you did this. So many content creators are only driven by what their audience wants, it’s rare that creators do what THEY want to do.
The reason his sentence was so light is cause for certain individuals they focus on rehabilitation and not punishment. This probably has to do with the fact that in order to pay back all the money he stole he has to legitimately make that money back and you can't do that when you're dead and or severely traumatized by real prison
Martin Scorsese is just a warlock at his movies. He crafts them in such a way that pulls you in and makes you feel interested in knowing the characters
I'm so grateful that showed up in my recommendations. There are very few movies that I can watch over and over again, but Wolf of Wall Street will always top that list. It's incredible to see the accuracy Scorsese put into this.
The wolf of eall street might be one of the most unintentionally depressing movies of all time. The fact he essentially robbed millions of dollars off of people who didn't know any better, and only served 22 months is insulting.
my favorite part is when hes in prison and it pans out "I forgot that I was rich" I think this explains life... Living in even in the congo is nice when you are rich.
I was briefly a share dealer and even at a basic, uninteresting level, the greed of my colleagues was atrocious. I did it for 6 months, made good money (not obscene amounts but better than other entry level jobs). Colleagues would buy £1000 suits just to look the part but would be doing 60 hour weeks to do so. This was just before the bubble burst. I am glad I didn't buy into that bullshit and got out.
where in London? I see many still going on. They have moved into property, alternative investments, diamonds etc...same old pattern. YOu can never get scammed if you simply realize great investment opportunities never go searching for money. Only high risk or scams have to.
i understand the thing about THE SUIT'S The Suit's the Pen's the Shoes that whole.... LOOK RICH appearance even though you realistically don't have a fucking cent to your name and you are hoping to god to make the sale i've worked a lot of sales job over the decades I've been well exposed to this i fully understand it Never worked in a brokerage, but,i can imagine , based on the work that i've done. I've been to enough hard core sales meetings and in enough shit situations to know what you're talking about and i can imagine that what i went through ..... your role is probably amplified by 3 or 4 times worse but.. the concept is the same i also left that lifestyle because of the bullshit best thing i ever did
I am convinced he's going thru the same kinds of contortions that OJ Simpson is doing to avoid paying the civil fine to the Goldmans (using his wife and relatives to hide money)
Best episode ever! Not only is Martin Scorsese a national treasure, of all of his great movies, I think this one brings me the most joy with repeated viewings. Is it a "guilty pleasure"? You bet! Is your critique of it spot on? Indubitably! And thanks for that. Well done. 💙
Cautionary tale? Seems more like an advertisement to me. Even him "struggling to pay back debt" doesn't look a thing like any ordinary person struggling to pay back debt. For most people, travelling around giving talks is what success looks like, not struggle. What a joke the legal system is, to let anyone get away with all that, and basically go unpunished. The film itself left me feeling weird. I knew I'd watched an excellent film, and enjoyed most of it while watching. But after, I felt empty, and angry.
Jane Ross I disagree about it being an advertisement. He’s still paying back all of his victims. So far, he’s only paid $12.8 million of the $110 million, and it seems he will be repaying that debt until he dies. His company, Delos Living, was recently ordered to pay 100 percent of its equity interest by a U.S. District Judge. He tried to argue he should be paying 25 percent under the Consumer Credit Protection Act, but was denied. So I think he got what he has deserved. He still might be living a comfortable/privileged life, but he wouldn’t be able to payback such a large debt or even the amount he has so far if he was sitting in a cell. Ironically, he predicted Bitcoin’s bust since he was a scammer himself and knew it wasn’t viable long-term. But ultimately, he could’ve legally made millions of dollars had he invested initially before the breakout and sold it off.
The film is a critique on not only Wall Street but the system that allows these scumbags to get away with everything. Belfort's prison sentence was just a slap on a wrist. Also in it's ending it's ending where Belfort is talking to those hopeless morons. When the scnes pans to the audience the film is showing a mirror to the audience or society itself that "this is the scumbag you aspire to be"
@@FragmentJack Don't get me wrong I think Bitcoin is the most inexplicable bubble in human history but when I was selling crap on EBAY a guy offered to pay me in Bitcoin when it was worth pennies. I would have made tens of millions of a measly 150 bucks. And it is still going strong. It is trading around 10K. Up 70% or something in a year. How about that for thin fucking air.
Jormangandur83 "They might be murdering someone in a turf war" Then charge them with murder? This is the problem with the justice system. Those with money get light sentences/easy prison life. Guess what would happen if you were a snitch in a regular maximum security prison? You'd probably die.
Jormangandur83 Just more excuses. You know it's a felony right? In my state just having half an ounce could get you up to 10 years with a MANDATORY MINIMUM of one year.
Whichever you way you look at it, guy won at life and got to laugh in the face of everyone who tried to stop him. He's an evil bastard, but damn if that doesn't sound like a life I wish I had.
Holy shit. I live in Taft, and I knew Chong did time here (my mom's friend used to be a guard, got to know Tommy pretty well, supposedly they still talk sometimes), but I had no idea the FREAKIN WOLF did time here.
I worked at Goldman Sachs in Chicago, started in May of 1990 out of college until 2005. It was the most depraved and rewarding work experience I ever had in my entire career. It set me up for all of my future success because of the things I learned. How to deal with people, how to self motivate, how to deal with pressure, how to take calculated risks, how to succeed, how to work in teams, confidence, perspective, persistence...the list goes on. All my future jobs were always compared to that. I left because I wanted more time with my family and the markets were changing. Working in finance is the closest thing to a jungle, it magnifies everything, and is survival of the fittest and I love every minute of it.
Let me guess, the Darwin nonsense was something you learned during your time in finance?! I always laugh at how sociopaths try to justify their actions by claiming they are only following some natural law or other! Not to say you are not a rounded human now of course, but when it is examined closely, evolution has little to do with survival of the fittest, otherwise nature would be filled with bland, cold killers. How do you explain the peacock in terms of survival of the fittest?!?
In the book he says his favorite nickname was "The Wolf" and then it lead to him being called "The Wolf of Wall Street" so yes, he was called the wolf at least somewhat throughout his time as a broker
3 years in a minimum security resort in exchange for living that lifestyle for 20 years? So worth it
BUT is 97 MILLION dollars in debt
killerkk. Everyone who made the decision to take our student loans or a mortgage is in debt, at least he got to spend most of the prime of his life on top of the world.
@@TO-kk7xf yeah he was such an amazing person .
Radu Vlad nobody said he was a good person don’t put words in my mouth. I said he lived life in style for years and if you look back at it it was probably worth it.
Joe no well he started his company in 1990 and was sentenced in 2003 but I’d still say that’s worth it because over half of America is in debt and never got to experience the life he did even for a short while. The thing is he shouldn’t even have been as soon as he was and he probably still lives more lavishly than 98% of the population.
The only thing bad about this movie was Leonardo DiCaprio not winning an Oscar for his performance as Jordan Belfort.
For real it's definitely the movie for which he deserved the Oscar the most
The worst thing is the producer Riza Aziz use (stole) money from Malaysians' taxpayer money to fund the movie.
Aaron Hart him not getting an oscar ever is a /tv/ meme
He didn't win an Oscar because he was playing himself.
hell Matthew McConaughey should have won an Oscar for his role in this movie alone. He was absolutely phenomenal as that character even if he was just in the beginning of the movie for a small amount of time
I think if you told Tommy Chong any amount of anyone's life story he'd say something along the lines of
"Yeah man; you should like totally write a book or something".
hahaha i read that in his voice
@@SeanEpoc Me too , it took me 15 seconds
Probably
I met God on the bus man.
He told me the meaning of life and then he gave me a pretzel 😂
SOLD!!!!
I used to work in Finance, and there actually was a dwarf tossing party that did end up getting a brokerage in trouble. It was in Florida. I worked in Compliance and read the NASD and SEC write ups of it. I'm not surprised they threw it in the movie.
Why am I not surprised that happened in Florida?
The Miami newspaper interviewed the little person in question. He said something to the effect of; they got paid, I got paid, a good time was had by all! Like - uhhh... okay, sir. I appreciate that you were cool with it, but I still have regulatory questions.
"threw it in" I see what you did there
There is a dwarf guy called "Beetlejuice" who frequently appeared on The Howard Stern Show that was hired out for dwarf tossing parties. So yeah, I'm not surprised that it is a real thing.
BTW you don't have to say "little people", you can say dwarf; the condition is "DWARFism".
😂@@ambds1975
I...WILL....NOT....DIE.... *SOBER!!*
Alt Right Knight best scene
We should all high such high aspirations.
your like is a jackpot, 888
the brit guy commenting is so boring,
Honestly I know exactly where he’s coming from
Ah, the days when a 500 point drop in the market could be reported as a great loss, and not just a normal Tuesday.
It’s about percentage
Ivan Buraz bc the US stock market is a bubble now
How about the last 2 weeks
hope rich pump bitcoin and ethereum
500 points was at the time a 22% drop right when the bell rang. That is still the worst opening in history. In march this year the dow fell by the second most of all time but that was still at 12% so even that was about half of black Thursday.
Living that lifestyle for a decade and after all that you get to spend 22 months chillin with Tommy Chong at a "summer camp" ... dude is the luckiest human alive.
Not only that,he had Martin Scorcese made a movie about him,where DiCaprio plays him and he still makes good money with his seminars and book,despite having to pay back his victims.
He actually did seminars on sales-techniques for german Deutsche Bank ( one of the biggest banks in Europe and worldwide),so he still lives a comfortable life,while the people he scammed lost their life savings.
@@doublep1980 Yeah, and even though he has to pay back everyone he has scammed, since he is doing it little by little, he will be dead before he finishes.
@@SI0AX he's still rich he's just not making as much as he use to. Any random loser doing a shitty 9 to 5 job would give everything for his life.
@@moonie1825 Not really. I wouldn't.
@@kelvinphillips7140 Maybe your not much of a loser then.
It’s insane that Jordan Belford got away with about 2 years after basically robbing people of billions of dollars, yet if someone were to rob a gas station or something like that they would most definitely get at least 10 years give or take depending on what state your in. I think the justice system needs to revaluate it’s crime system and serve harsher criminal sentences accordingly.
(Edit man this has a lot of likes and comments lol, looking back on this I was definitely wrong on the comment, but I do still think it’s crazy)
you are wrong, that is robbery you put worker on that gas station in danger so you must have a longer sentence, this is fraud by the phone there is no direct impact on someone life and its harder to find evidence to sand someone in jail
Anything that involves violence, threat of violence of threat to someones life should get a longer sentence. If someone took money from your account without you knowing thats bad, if someone puts a gun to your head and steals your wallet, thats a lot worse.
Yeah true justice really doesn’t even exist in the world. It’s an impossible system to perfect
Do you think something.
@@dusanmiljkovic7479 you are also wrong. White collar crimes affect more people than you realize. They can affect companies, families, and even a country's economy. They may not be violent,but they are dangerous to anyone's financial stability.
Honestly, Jordan's lack of justice is an example of how messed up our justice system is.
What's his crime? Taking money from the 1%? Fuck em.
dmed all I'm saying is that if Amazon is allowed a 129 million dollar tax rebate despite 11.2 billion in income, then Jordan Belfort isn't the problem
@@alphaligmaphi7151 It's almost like you're viewing Belfort as Bernie Sander's best champion or something. Contrary to what you think, he wasn't Robin Hood.
Nelson W. No I think he was a con artist who defrauded investors with a pump and dump scheme and insider trading with Steve Maddens IPO. I also think that a system that allows him to Foster is the issue, not him.
@@alphaligmaphi7151 11.2 billion in income... no their net is under 5 billion. Gotta love people who don't understand business but then bitch about wealthy companies. (which by the way send earnings to a multitude of people, that's how a c o r p o r a t i o n works)
I remember my old boss saying afterwards he idolized Jordan Belfort and he got mad when I explained what a horrible crook he actually is. I didn't work for him much longer after that.
Your boss at walmart? lmao
@@dumbnumbz73 I fucking lold
@theklamfyr im sure his boss isnt rich either and never will be but sucks off billionaire boot in hopes he'll be one
Yeah people who liked Jordan Belfort are attracted to douchebags
@@madphantom92 Actually, he's a pretty cool guy now.
I had no idea that was Bo Dietl playing himself. That guy deserves a lot of credit, working with Oscar level talent on a HUGE movie production takes a lot more than just memorizing some lines.
Wasn't his first time either, he was also in Goodfellas and later cameo'd in The Irishman
@@miguelturk3562 what character was he in goodfellas
Right?! Dude is a legit good actor!
He was pretty good in those Arby's commercials
I met this kid in college who's father worked for Jordan, he served 3 years.
He was very wealthy though which knowing what I know now I wonder how he kept all that money.
Λ2Ᏻ ツƒrคğ๓є seeing as how he only did 3 years he was probably a rat
He probably got out way before the investigation started. Either that, or he did rat Jordan out.
That’s why you hire a lawyer long before trouble starts. Offshore companies with bank accounts in phony names etc. Not expensive compared to the other consequences.
@@alexman378 Belfort didn't NEED to be ratted out, Stratton Oakmont was such a massive boiler-room operation that it drew the attention of the SEC and the Feds just by the way it was operating. It's kind of like...your local neighborhood drug dealer might be able to fly under the radar, but a group like the Chambers Brothers, who took over an entire apartment building as part of their operation, selling different drugs on each floor...are bound to draw a bit of attention, and not the good kind, d'yer know what ah mean?
Worked for Jordan, made less money than Jordan, and did over a year longer than Jordan - that's gotta suck.
The biggest inaccuracy in the film: no wolves.
I wanted to see a bunch of wolves eat all the actors on set??? WHERE ARE THE TRUE WOLVES OF WALL STREET??????
I felt the same way when I found out there was no lion in "The Lion in Winter".
Haha, I found the book in an op shop I was working at and one of the volunteers said it should have been called Wolves of Wall Street which he said was a more accurate label for the seedy nature of some Wall Street ventures and traders, some who also did dodgy practices with assets and liabilities reporting and went out of business screwing their investors (Enron, Lehman Brothers et.al)
"Is this related to history?"
"Did it happen in the past?"
"Yes."
"Then yes."
Patrick Dyer Thank you!
you deserve a medal
I was going to comment this, How come he doesn't consider this history
You could make the argument that criminality and financial irresponsibility like Belfort's led to the collapse of the dotcom bubble and the GFC of 2008. Ergo: History.
The general consensus is that the cut off date is 20 years ago. Before that it's considered recent events.
I disagree around 1:20 - I think that a good portion of the audience is fascinated by the mentality and audacity rather than the drugs and hookers.
Not really. People are fascinated with opulence.
Yes, definitely the opulence
I honestly think it's about the never ending high money can bring an awesome up but like all addicts the user looks for other substances to get that same feeling.
Square
I was your 666 like
Dunno what it is...but I can watch this movie, easily once a week.
Leo is just so good in the role.
Best 👌 he plays sneaky so well
It's a so exhausting to watch
Probably the boobies
Those are rookie numbers - you gotta pump those up.
AGREED
Technically, he didn't embezzle everything. What he did was a form of fraud. Let me break it down.
Its called a Pump and Dump. Belfort would tell his friends to buy into a penny stock while it was dirt cheap. Then, his staff would cold call Average Joes and convince them to buy hundreds, thousands in that stock. By doing this, he could artificially raise the price on the stock. Then, his buddies would sell high and Belfort would get 50% commission on all those trades, screwing over the Joes
just curious how does that screw over the joes? They get the other 50% don't they?
@@abdullahimran4624 Once Belfort's friends would sell off it would likely end up driving down the price, or just return it to natural and realistic numbers
@@abdullahimran4624 Yes it's basic supply and demand. Let me explain it using a more achievable example. Lets talk about video games. Say were are in the past and Final Fantasy VII just came out and you know that game is going to be amazing and worth more in the future. So you buy multiple brand new copies of the limited edition version and leave them unopened. They were worth $60 each copy brand new. Fast forward to now and those limited edition copies are now worth $1,000 because they are rare and many people want them. You put them all up on eBay but turns out you weren't the only one. There is a guy who put up a few copies for $900 and people aren't buying the $1,000 ones. You see this and put it up for $800 and people buy some of your copies but then someone else puts it for $700 and so on so forth until eventually it's not as special anymore.
You want to try it with another game, lets say "ET The Game" but nobody cares about it and it's only worth like $1 per copy. You manipulate people into believing that the game is worth buying and people start buying a lot of copies(demand goes up), so the price starts going up and now every copy is worth $1,000. You know that people are going to start selling and lowering the value so you make sure to put up all copies on eBay before anyone else so you can maximize your profit.
This is basically what they were doing.
@@SI0AX That was some legit "explain like I'm 5" shit and it was fucking perfect. Thanks for that!
Feds do that on the regula r
My aunt was a consultant for this movie as she is one of the lawyers who put him away. She also knew every real Person involved and met most of the actors.
Joey Kevorkian cool story
Joey Kevorkian r/thathappened
My dad is Jordan belfort
I am Jordan Belfort
No I am Spartacus
I started as an intern at a large financial institution in the actuarial dept... I quickly moved over to Wealth Management. My first day on the floor The executives were debating the difference between a Call-Girl, Escort, and a Hooker. The Wolf of Wall Street is tame compared to what actually goes on.
Curtis Payne 😂😂😂
Please go on
I believe there is a difference in "service fee" between the three, with Escort being the most expensive followed by Call Girl then Hooker.
Yeah I worked on Wall St, what goes on in that movie isn't far off from true.
There is no whorearchy, they are all the same.
Revisiting after buying gamestop stock at $400
You lucky bastard...now make the bubble bigger, because this whole situation is fucking hilarious :)
you are an idiot if you bought it at $400
Yea you’re an idiot for buying at 400
Lol GME maxed at 484 hope you sold for a profit.
@@Kostasoflow why??? Do you even know why we are buying???
one day I want to work real hard and end up in rich guy prison
Work inside the government system, you will be able to scam just as many people and not even have to go to prison
Rich people don't work hard.
@@Jake007123 false, i smell envy
@@6redda It's a simple fact. The people who work harder tend to be the poorest of society.
@@6redda Work smart my friend. Hard means discipline while Smart means direction. You can work hard like a rower on a rapid's ride, but if you row hard against the tide, well... you aren't doing yourself any favors, are you now?
The only movie I paid twice to see in theaters. Totally worth it.
Rafael Santos I did it with avengers infinity war
I did with Deadpool 2
slenderboy graveman I seen deadpool 2 it was cool but not for me to go see it twice in the movies
Worth it for those Margot Robbie scenes right? ( ͡° ͜ʖ ͡°)
metoo
the part where jordan belfort introduces jordan belfort is crazy
I find it convenient that this was in my recommended during the GameStop surge
"You're exaggerating, aren't you."
"Only a little bit. That's the messed up part."
Belford said that the movie actually underplayed the substance abuse, it was much worse in reality.
It’s kinda weird that I saw DiCaprio as Jay Gatsby in Great Gatsby, and he plays the more modern and crazier equivalent of that character here lol
sylvain falquet that’s what I thought
sylvain falquet Gatsby mostly avoids the parties he throws tho. He just throws em.
They're nothing alike, they're just both rich lol. Gatsby was a classy, polite man that did not even partake in the drugs and activities of his own parties, and tries his best to rid himself of his "new money" reputation. Belfort is a blunt, erratic drug-abuser who takes pride in his new money status and activities.
The similarity is only superficial. Belfort was incredible greedy and hedonistic and got rich for only those reasons. Gatsby was succesful and threw his parties to attract Daisy Buchanan, the woman he loved. If you actually had read the book, you'd also know that Gatsby himself is being portrait as shy and certainly not at the forefront of the debauchery like Belfort is in Wolf.
Not really
I'm surprised you didn't mention it, but Jordan's "I'm not fuckin' leaving!" speech also never happened.
Let's all pretend it did...
@@VikingMuayThai yeah
Probably didn't have enough time to cover everything that didn't happen
Belfort has come out since and said the monkey was real, the pets were real, but the dwarf throwing was only 'allegedly' since he wasn't there to witness it. In real life Danny had taken over the company by that point and Jordan only heard of something similar happening in the office.
Nadine Belfort looks EXACTLY like Margot Robbie. Great casting.
At first i thought it was that blond chick that came out on "My name is Earl"
You mean Margot Robbie looks like Nadine Belfort
@@OxcyXo thank you i was just about to write that
juan's Dawon i always thought this too lmfao
utterly disappointing
Thank you! A few interesting things you left out, Matthew McConaughey's character in real life was a part owner of Startton Oakmont. Steve Madden went to prison too for this crime and is forbidden from running his own company ever again. The FBI agent ended up becoming friends with Jordan in real life.
Just because someone is a criminal doesn't meant they're a "bad guy" you can still be cool just they're not the most honest people,it's literally the charisma and character but with a few bad habits and if they kick it then it's not too bad
Imagine if he had been caught with marijuana instead of stealing hundreds of millions of dollars. Dude would have been screwed!
Chuck Mangione and if he was black he would never come out again in prison or have good life again.. LONG LIVE AMERICAN RIGHT..! 🙄🇺🇸
This is so true. Plus if he wasn't white... he'd still be locked up.
Fûck A you will never see a black people selling shit to rich man... at least they try
Black man are used for sports and black culture music and films (sarcasm)
you have a great point. How many low life drug dealers have got 15+ years for a couple of grams? Double standards...
YOU ARE FORGETTING HOW RICH HE WAS. THAT WAS THE KEY FACTOR HERE.
I always like to imagine Tommy Chong saying "Whoah man, that's some stooory maaan. You should write a booook maaaan."
yeahh
My brother was gaining employment during this time, being from NY, asked him about the firm - it had a reputation of exactly what was shown (and not shown), though he said all firms played hard
Charles Botensten I’m sure it’s way worth and I’m sure in the underground they murder, money talks bullshit walksn
What I love about this movie is the underlying fact that the main character is seen as unreliable from the get go so everything that does occur throughout can either been taken as fact or fiction
The waitress serving Brad in the restaurant scene was Lois in Goodfellas. Sauce?
Yes and she was jimmy Hoffa's wife in the irishman
I'm pretty sure there wasn't any ketchup in that scene?
Was she wearing her lucky hat that she won't fly anywhere without?
And Bo Dietl played the guy who arrests Lois and Henry in Goodfellas
oh my god Rick Graham???
Jesus I'm a big fan! I follow you on instagram! I'm a guitarist as well
To be fair, "history" simply means "it already happened." Since 1990 already happened, um, yeah, it *is* history.
I mean I would definitely history as *important* things that have happened. Obviously March 2020 was a major historical month for the world, despite being less than two years ago. I don’t see why it shouldn’t be discussed in history and economics classes when it’s a clear and easily relatable time period.
I took a shit ten seconds ago. Truly, a piece of history.
the 90s were 30 years ago, man time flies
My dad has worked in finance for a good 35 years, and is the same age as Jordan Belfort. He says that he met him a couple times, and Stratton Oakmont was famous (or rather, infamous) among his colleagues. He offered some interesting insights. Apparently the part of the movie with the dialogue scripts that Jordan Belfort gives out is 100% accurate; he believed his process was so perfect, that all he had to do was put the words into his employees' mouths, and they could sell. While I do not work in finance (although I did have some internships in college), I've lived around that world my entire life; many of the kids I knew growing up also had parents that worked in finance. And many of those same kids are currently working in finance now.
Considering the people I grew up around, here's what I can say: I loved this movie. Wolf of Wall Street is a fascinating and extremely accurate look at the MINDSET of finance people, how they view themselves, how they talk, and how they think. Many of them, particularly the younger ones that are closer to my age, love this movie and approach it the same way I would imagine gangsters do "The Godfather". Although, while finance people do love to party, spend tons of money, and avoid sobriety wherever possible, I think a lot of that was exaggerated in the film. For instance, finance people love their drugs and alcohol, but apart from the occasional beer on a Friday afternoon, doing either of those while you're actually in the office is highly frowned upon. If you want an accurate picture of what the finance world is actually like, as opposed to the mindset of the people in it, "The Big Short" is 100%.
The Big Short was really entertaining and actually explained all the concepts of the financial world in an ELI5 way that was fun and also helped us understand how banks and regulators screwed up in 2007-08 and the decades leading up to it.
Sell me the PEN!
.
Amit Sharma are you in the market for a pen?
write your name down
It’s the pen that Leonardo DiCaprio used in The Wolf of Wall Street.
I can't , I don't have a pen
Well, I can't imagine what it was like during the roaring 20s then for a broker.
Justin Y. Bro I just saw your comment on isps new video
Justin Y. How the hell are you everywhere?!
Sydus, Maybe he's a bot, or has bots doing shit for him.
Probably, because Roaring 20s has shit to do with this video or the movie.
I see you on every vid
Actors:How many times will we use the f word?
Director: Yes.
2.81 times per minute to be precise (you do the math)
not as much as pulp fiction still
@@aburnoutfailurewithsomemem3085 thats wrong. The Wolf of Wall Street has more fucks in it than any other movie exert a comedy about swearing and a documentation about the word, both of wich don't qualify for a ranking among normal films
Even more than Scorsese’s Casino?
@@matthewschwartz6607 yes, it leads by about 20 if i remember correctly
It's history, just not that long ago.
God l miss the 90s
I think you should do the movie Michael Collins starring Liam Neeson. It's about the Irish war of independance and civil war. It would be interesting as you have never covered Irish history before.
Let's be honest I bet he was astonished that he served time with Tommy Chong like how convenient is that
He had the best lawyers
Here’s some irony for you guys:
The financing for The Wolf Of Wall Street was done by the stepson of the Malaysian prime minister who embezzled hundreds of millions from their country (before fleeing with their millions to somewhere.) The film about fraud was paid for with more fraud. 😂
From CNBC:The company behind the 2013 film, "The Wolf of Wall Street", agreed to pay the United States government $60 million to settle a civil lawsuit that sought to seize assets allegedly bought with money stolen from a Malaysian state fund.
The film's producer, Red Granite Pictures, co-founded by the Malaysian prime minister's stepson, announced last September that it had "reached a settlement in principle" with the U.S. government, but did not reveal any sum at the time. According to a filing in a California court on Wednesday, the company also settled claims against its rights and interests in two other films, "Daddy's Home" and "Dumb and Dumber To".
"We are glad to finally put this matter behind us and look forward to refocusing all of our attention back on our film business," Red Granite said in a statement on the filing.
U.S prosecutors, pursuing their biggest kleptocracy asset recovery initiative, had claimed the three films were financed by Red Granite using money misappropriated from 1Malaysia Development Berhad (1MDB), a state fund founded in 2009 by Malaysian Prime Minister Najib Razak.
It's technically history. Just very recent history
Not very recent. There are people who have children now who were not alive when this happened.
“Everything after 1453 is current events.”
-An actual quote from one of my history professors
The glorious 90s. Back when life made sense
@@thomasbplank Didn't he mean 1492?
@@paradisecityX0 90s wasn't all great. Remember the Rwandan Genocide where millions died, Yugoslav wars and the struggling economy of Russia of the post cold war?
When your friend thought the movie was about a werewolf
Njord I thought it was too when I first saw it. I was a kid okay
Is it bad that I want that movie now?
Wolfie wolfie wolfie
I'd watch a movie about a werewolf stock broker
'when your friend thought' is the new 'asking for a friend'.
and this movie would had tanked without Leo (:and to a lesser extent Jonna). I don't think anyone would had pull those performances, and they made the movie as enjoyable as it is.
Bruh. Its directed by Martin Scorsese anybody put in that man's possession is on a road to a critically acclaimed film.
I think Gosling could have played Belfort just as good if not better. And I think Jesse Eisenberg could have played Danny Porush/Donnie Azoff (Eisenberg even looks more like the real Porush)
@@FirebirdCamaro1220 except Gosling is a super weak actor with no charisma, presence, or range
@@notsoaveragejoe2039 are you serious? Watch Place Beyond The Pines, Blue Valentine, Fracture, Only God Forgives, Drive, The Big Short, or The Believer and say the same thing....
@Iraq Lobsta!! 45 not really. It proves he watches movies and knows what he's talking about. 3 of those movies show gosling with high charisma on show
He went to prison at 42 years old, which means he lived through the latter half of his 20s and his 30s with that insane lifestyle
He won
Idk I don't think being billions in debt along with drug addictions is a bunch of fun.
@@hibiki8473he’s in debt for millions.
@@hibiki8473 Live fast, Die Young
Plenty of people (most of the planet?) has worse problems, and didn't spend most of 2 decades living the most decadent life possible :P@@hibiki8473
@@hibiki8473idk man when he is 60 and his grandchildren ask him " grandpa what did you do in your life " he would have the best answer
You Definetly need to do an episode on HBO's "The Pacific"
And Generation Kill for that matter.
Yes!!
Yes! "The Pacific" would be so cool to see analyzed.
Ah yes, The Pacific; the soulless cousin of Band of Brothers.
@@ThisHandleFeatureIsStupid I am offended
Another Scorsese masterpiece! Almost all his movies are a hit! Mean streets, raging bull, goodfellas, and taxi driver, aviator and casino. His upcoming movie with de niro and joe pesci the irshman is going to be awesome.
What about Hugo, is that one good too?
Paradox The Vegabond what about taxi driver!!
It's a shame that it got dropped by the studio because it exceeded the budget, but Netflix will give it some proper love
the departed and taxi driver are booth amazing! Have yet to see hugo and the aviator is decent
I think that his movie *Silence,* the story of a Jesuit in 17th century Japan, is an astonishing work of art, and one that could benefit from a History Buffs analysis.
this STILL happens today. salesmen sucker older people into buying penny stocks the salesmen know are worthless. they have rounds of fundraising and are allowed by law to solicit people who have a certain net worth. my uncle had to postpone his retirement because a shady neighbor acting as a salesman for a penny stock firm suckered my uncle into dumping a huge part of his life savings into a worthless penny stock. this happened just 2 years ago
And Apple sells people phones for $2,000 that cost less than $300 to make, what's your point?
*Matthew Noneya* truly the biggest scam no one talks about
that’s your uncles fault lmao
you know i do have to ask who is the dumbest one here? he salesman or the suckers that buy?
Why would someone invest a huge part of their life savings into a company and not go over the company’s financials and the basis for the valuation of said company’s stock. A con works if the victim thinks they are getting something for nothing, my guess is that your uncle was trying to ride a pump and dump scheme and is now blaming it all on ”shady salesmen”.
He’s still like 97 million dollars in debt to this day
97 Million dollars in debt with a $30.000 watch lol
Debt doesn't mean shit these days. That money will most likely never be paid back.
Gangs of New York needs an episode if not just for a breakdown on the 5 Points.
Do Enemy at the gates
The being destroyer of worlds I think he did already
It’s a movie that deserves to be ripped apart
( ͡͡ ° ͜ ʖ ͡ °)
Already done
Leandro Garcia when?
4:44 bottom right corner, forgot to edit that out
Ravithian Yes!!
Boobs are allowed for educational purposes.
@@jorischroer5449 LMAO tf we learning from tits
thanks for saying, we'll avert our eyes from now on.
left corner too for a brief second
One of my favorite films. A exciting, thrilling masterpiece! Well done Martin Scorsese👍🏿
I WILL NOT DIE SOBER
appoNo1 GET THE FUCKING LOODS!
In the book his friend got electrocuted (he lived) while trying to recover Jordan's ludes
History Buffs: Catch Me If You Can PLEASE DO IT
Yes. One of Leo’s most underrated performances.
13:17 Oh hey, someone finally got Willy Wonka for killing those kids
Ryne Mcgriffin LOL
Haha
Do you know what's movie that is
OutRaged Deer stir crazy
@@outrageddeer2101 what movie is it?
This shows there are 2 different justice systems in America..1 for the poor and 1 for the rich.
Minimum vs Maximum based on risk
As the saying goes, you can steal more with a pen than with a gun.
If the poor knew how to defraud they wouldn't be poor.
Margot robbie is a goddess
Went to school with her in Australia. Lol she was a late bloomer
Ryan Harrington wow no shit bro? Thats crazy !
@@SAEXFELSTAR ya. She was out going with her own friends but a good girl. Not wild at all. Classy women now
Ryan Harrington she became a great actress ! Thanks for sharing bro 😉
@@ryanharrington6389 of course you did
"Sell me this pen."
Well uhhh its a very good pen and professionals... He didnt sell the pen
I'll sell it for a penny. Done.
Here, take a free pen.
I didn't like this movie, it had a misleading title. There were no wolves in this movie. What a scam. I came to the movie to see wolves on wall street, not... whatever this was....
same, total ripoff
Is it bad that before I knew it was directed by Scorcesse upon seeing the poster I actually did think that Leo's character turned into a wolf and it would be one dumb movie
You must mean " Wall Street Sharknado".
Ahaahah how da fuck can be a wolf in wall street? LoL
The street are in asphalt and the walls are made with stone/wood and cement.
Anyway , unworthed
IansMentalOmega there was a wolf in the beginning
I love the bit when she wakes him up by throwing water on him and she is asking who a woman is and he say “ who who” and her reply “what are you a fucking owl” 😂😂😂
I appreciate that you did this. So many content creators are only driven by what their audience wants, it’s rare that creators do what THEY want to do.
I'm here after Jordan made a podcast episode with the fbi agent that got him arrested lmao
Yo what’s the name of the podcast?
If Leonardo DiCaprio won an oscar for every awesome performance he gave the oscars would seem rigged. lmao
Why did I comment that? Catch me if you can the departed inception the wolf of Wall Street. Yeah
@@hullo8246 You forgot Shutter Island, Titanic, Once Upon a Time in Hollywood, and The Beach...
Literally had no clue this was based on a true story.
terrifying
Its actually based off hordan belforts autobiography of the same name
Will Smith no way its will smith
Watchumean there's literally text at the end of the film saying "JORDAN BELFORT STILL OWES ALL DA MONEY"
@@haydenhoodless2055 yeah. that was at the very end. I watched the whole movie up to that point thinking that this story came from the mind of Marty.
Same
Ah, that wink of Elizabeth Taylor's, in your opening, always takes my breath away.
she is very breath taking.
What about "Catch me if you can"?
Leonardo's a beast!!
Yeah when he pretended to be a third class passenger to cross the atlantic was epic!
The reason his sentence was so light is cause for certain individuals they focus on rehabilitation and not punishment. This probably has to do with the fact that in order to pay back all the money he stole he has to legitimately make that money back and you can't do that when you're dead and or severely traumatized by real prison
This aged like fine wine.
How?
History is anything that happened yesterday lol So Im totally cool with this video Nick. Nicely done, keep up the good work
"And morphine?
Well cause it's awesome"
I liked the ending when he became a motivational speaker and told others about the dangers of addiction and excess.
Do Gangs of New York. I’d love to know how accurate the depiction of that time/place was.
or (and) There Will Be Blood. Daniel Day-Lewis is a master at being 100% in character
Could you do The Imitation Game? I'd love to hear your analysis of that one!
Martin Scorsese is just a warlock at his movies. He crafts them in such a way that pulls you in and makes you feel interested in knowing the characters
Have they done Schindler's List yet? If not it would make an interesting episode.
JamesBu11 I fucking love that movie
I'm so grateful that showed up in my recommendations. There are very few movies that I can watch over and over again, but Wolf of Wall Street will always top that list. It's incredible to see the accuracy Scorsese put into this.
I love stories where the characters build a house of cards and then it all comes crumbling down
Breaking bad for you my guy
I didn’t even know this was based on a true story but that makes it so much better.
This one of my favorite reviews you've done. It's really fun!
The wolf of eall street might be one of the most unintentionally depressing movies of all time. The fact he essentially robbed millions of dollars off of people who didn't know any better, and only served 22 months is insulting.
my favorite part is when hes in prison and it pans out "I forgot that I was rich" I think this explains life... Living in even in the congo is nice when you are rich.
I was briefly a share dealer and even at a basic, uninteresting level, the greed of my colleagues was atrocious. I did it for 6 months, made good money (not obscene amounts but better than other entry level jobs). Colleagues would buy £1000 suits just to look the part but would be doing 60 hour weeks to do so. This was just before the bubble burst. I am glad I didn't buy into that bullshit and got out.
where in London? I see many still going on. They have moved into property, alternative investments, diamonds etc...same old pattern.
YOu can never get scammed if you simply realize great investment opportunities never go searching for money.
Only high risk or scams have to.
i understand the thing about THE SUIT'S
The Suit's
the Pen's
the Shoes
that whole.... LOOK RICH appearance even though you realistically don't have a fucking cent to your name and you are hoping to god to make the sale
i've worked a lot of sales job over the decades
I've been well exposed to this
i fully understand it
Never worked in a brokerage, but,i can imagine , based on the work that i've done.
I've been to enough hard core sales meetings and in enough shit situations to know what you're talking about
and i can imagine that what i went through ..... your role is probably amplified by 3 or 4 times worse
but.. the concept is the same
i also left that lifestyle because of the bullshit
best thing i ever did
He's not struggling to pay everything back, he's just ignoring the court order and pretending he can't afford it.
I am convinced he's going thru the same kinds of contortions that OJ Simpson is doing to avoid paying the civil fine to the Goldmans (using his wife and relatives to hide money)
Best episode ever! Not only is Martin Scorsese a national treasure, of all of his great movies, I think this one brings me the most joy with repeated viewings. Is it a "guilty pleasure"? You bet! Is your critique of it spot on? Indubitably! And thanks for that. Well done. 💙
Cautionary tale? Seems more like an advertisement to me. Even him "struggling to pay back debt" doesn't look a thing like any ordinary person struggling to pay back debt. For most people, travelling around giving talks is what success looks like, not struggle. What a joke the legal system is, to let anyone get away with all that, and basically go unpunished.
The film itself left me feeling weird. I knew I'd watched an excellent film, and enjoyed most of it while watching. But after, I felt empty, and angry.
Jane Ross
I disagree about it being an advertisement. He’s still paying back all of his victims. So far, he’s only paid $12.8 million of the $110 million, and it seems he will be repaying that debt until he dies. His company, Delos Living, was recently ordered to pay 100 percent of its equity interest by a U.S. District Judge. He tried to argue he should be paying 25 percent under the Consumer Credit Protection Act, but was denied. So I think he got what he has deserved. He still might be living a comfortable/privileged life, but he wouldn’t be able to payback such a large debt or even the amount he has so far if he was sitting in a cell.
Ironically, he predicted Bitcoin’s bust since he was a scammer himself and knew it wasn’t viable long-term. But ultimately, he could’ve legally made millions of dollars had he invested initially before the breakout and sold it off.
The film is a critique on not only Wall Street but the system that allows these scumbags to get away with everything. Belfort's prison sentence was just a slap on a wrist. Also in it's ending it's ending where Belfort is talking to those hopeless morons. When the scnes pans to the audience the film is showing a mirror to the audience or society itself that "this is the scumbag you aspire to be"
@@FragmentJack Don't get me wrong I think Bitcoin is the most inexplicable bubble in human history but when I was selling crap on EBAY a guy offered to pay me in Bitcoin when it was worth pennies. I would have made tens of millions of a measly 150 bucks. And it is still going strong. It is trading around 10K. Up 70% or something in a year. How about that for thin fucking air.
Yeah, god forbid anyone steal from the rich.
Debt is still debt and also, yes, it’s tough for an ordinary person to pay back debt bc....they’re ordinary. Most people can’t make money like he did.
Schindler's List
YEEEAAHH, LISTEN TO THIS GODSEND ANGEL !!
That's a good one
True, in the beginning. But in the end he spent all his money to save a thousand lives when he could have just left them to die.
LMAO. You need to be properly red-pilled. Watch Europa: The Last Battle
22 months while a kid selling marijuana can get LIFE
Qwerty Bastard there’s plenty of stories of people getting 25-Life for possession and dealing. Non violent crimes. Just google it ya bum
Jormangandur83 What non violent crime justifies fucking life in prison for a kid?
Jormangandur83 "They might be murdering someone in a turf war"
Then charge them with murder? This is the problem with the justice system. Those with money get light sentences/easy prison life. Guess what would happen if you were a snitch in a regular maximum security prison? You'd probably die.
Jormangandur83 Just more excuses. You know it's a felony right? In my state just having half an ounce could get you up to 10 years with a MANDATORY MINIMUM of one year.
This is America.
Whichever you way you look at it, guy won at life and got to laugh in the face of everyone who tried to stop him.
He's an evil bastard, but damn if that doesn't sound like a life I wish I had.
It's fucking shit
When I saw The Wolf of Wall St. all I could think was DiCaprio sure has a lot of talent.
Holy shit. I live in Taft, and I knew Chong did time here (my mom's friend used to be a guard, got to know Tommy pretty well, supposedly they still talk sometimes), but I had no idea the FREAKIN WOLF did time here.
..well he wasn't the Wolf then...
My great grandpad actually met Cheech when he visited a local art museum of ours
i loved this movie from beginning to end. and didnt understand it at all from beginning to end. now i both love AND understand it. thanks for that.
Leo: Sell me this video.
Me: Is a history buff video about The Wolf of Wallstreet.
Leo: Okey.
I worked at Goldman Sachs in Chicago, started in May of 1990 out of college until 2005. It was the most depraved and rewarding work experience I ever had in my entire career. It set me up for all of my future success because of the things I learned. How to deal with people, how to self motivate, how to deal with pressure, how to take calculated risks, how to succeed, how to work in teams, confidence, perspective, persistence...the list goes on. All my future jobs were always compared to that. I left because I wanted more time with my family and the markets were changing. Working in finance is the closest thing to a jungle, it magnifies everything, and is survival of the fittest and I love every minute of it.
Let me guess, the Darwin nonsense was something you learned during your time in finance?! I always laugh at how sociopaths try to justify their actions by claiming they are only following some natural law or other! Not to say you are not a rounded human now of course, but when it is examined closely, evolution has little to do with survival of the fittest, otherwise nature would be filled with bland, cold killers. How do you explain the peacock in terms of survival of the fittest?!?
@@davidlean1060 you act like being socio is a bad thing
Finance is changing even more in the past 10 years. Your former job is slowly becoming extinct.
3:30 When Billy Joel started playing I got sooooo excited
In regards to dwarf tossing, I think Belfort said: “If there was anything like that, I wasn’t there when it happened.”
In the book he says his favorite nickname was "The Wolf" and then it lead to him being called "The Wolf of Wall Street" so yes, he was called the wolf at least somewhat throughout his time as a broker