Jordan Belfort has a message...

Posted by Eudaimonia 1 year, 4 months ago to Economics
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Jordan Belfort, the man that the movie "The Wolf of Wall Street" is based on, has a message for Redditors, WSB, GameStoppers, RobinHood, and Wall Street.
SOURCE URL: https://www.youtube.com/watch?v=MQL5-GVt-8I

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  • Posted by $ Commander 1 year, 4 months ago
    Love it Pappa!
    After watching the Hunts do their thing in 79, as a kid, and losing 50% "value" in portfolio in 95, I pulled all investments away from those whom I had no direct contact with. I invested everything back into my machine shop. I'm scaled down to a home shop now with more opportunities to peruse than ever before.
    I just might have to buy some stocks.......spite!
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  • Posted by $ Abaco 1 year, 4 months ago
    That's great.

    A friend of mine was there, at a nearby firm, at the same time. He knew Jordan and their kids went to school together. A couple good stories there. I worked for a young guy at a national firm once years ago who is very similar...very, very smart young man, this kid. Gotta love the spirit...
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  • Posted by term2 1 year, 4 months ago
    It wasnt robinhood tht was the culprit. It was the clearinghouses that made robinhood put up too much collateral in order to accept the trades.

    Everyone is grabbing a seat before the music stops. Short sellers are the ones who should put up the collateral.
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