Do you think Jordan Belfort has actually changed?
He's pretty honest in this interview, do you think it's legit or just an act?
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I think he has, to a certain extent. I think he's matured and realized the stupidity and unethical nature of the stuff that he did. I remember reading somewhere (I think in the second book) that he would be a billionaire if he hadn't fucked up. But he's such a slippery fuck; he's gotta be one of the best salespeople alive. Somewhere inside him is a guy that just wants to go nuts on some business idea i bet. I don't exactly look to him as a role model, but he's so intriguing that I sorta have a morbid curiosity about him.
lol you summed it up. he's definitely a slippery fuck. he would probably do it all over again if he could, maybe playing it safer, but still crossing the gray area
Yeah, he says in this interview that he's a better teacher than he is a salesperson, but he's probably only saying that so that he can sell his product. Could someone please embed the video?
//www.youtube.com/embed/HaRLRqcvJVk?rel=0
Prison probably set him straight. He doesn't come off as the type of guy that would enjoy such a place.
i think he has
I think @kraziazi summed it pretty well. It's funny though because I can't tell you how many kids I know who idolize this guy even in spite of what he did. I probably saw 10+ social media posts of the quote: "The only thing standing between you and your goal, is that bullshit story you keep telling yourself as to why you can't achieve it" and how they were going to dream chase. I just find that hilarious.
Scum bag
Reporter = insanely hot
and also borderline retarded
You guys are suckers, this guy sold bullshit for a living! Of course it is an act.
He's refused to pay his victims for years... How has he changed?
He hasn't changed at all. He regrets being dumb enough to get caught. From my understanding he still has a luxurious lifestyle and is nowhere close to paying back his victims.
I would hire him today to be the sales manager of my company...if I had a company that needed a sales manager...maybe I should just start a company with the goal of getting him to be the sales manager...sounds like a multi-million dollar idea. Since finance is out, maybe selling farm equipment?
Jordan Belfort selling farm equipment haha. Danny Porush (the guy Donnie Azoff is based off of) sells medical equipment down in Florida and has a $4 million dollar house. Not bad for a convicted felon.
http://jordanbelfort.com/sales-order/
Read that sales pitch and tell me he's not the same. It looks like one of those sketchy 4 AM infomercials.
This website is golden.
There's no way this guy has changed. Belfort is a sociopath. Sociopaths don't "change". If he had changed he would be doing everything in his power to repay the $100 million he still owes people who had their money and life savings stolen. He may be terrified of going back to prison, but he sure as heck hasn't "changed".
Anyone else kinda resent that WOWS has made this shmuck the poster child for the everyman's idea of "wall street"?
The fact that he's become a popular figure is a poor commentary on the character of our society. He didn't steal from a faceless corporation--he destroyed the financial lives of thousands of "little people", and he did so without remorse. If he hadn't gotten caught he would have continued on forever without his conscience interrupting him. He's one of the worst figures in the history of Wall Street and yet he is lionized. It's disgusting really.
I plan on watching the Wolf of Wall Street, but I plan on stealing it off pirate bay.
The guy came to my school for a speaking engagement and afterwards came to a club meeting for a finance club I am in. At the event he tried really hard to sell the fact that he regretted what he did and how he went down the wrong path and he just went crazy from there. He warned us and tried to sell everyone on it and did a good job of making it seem like he was sorry. However when he came to the club meeting with the small group (about 12 of us) He was a totally different person. He turned into the Jordan Belfort you see in the movie. You could tell he really was obsessed with himself. He was talking about all the money, how he has been training investment bankers to do sales better and getting paid a million to do it etc.
I don't think he's changed one bit.
The man is a egotistical sociopath. These type of people do not change, they learn how to say what people want to hear to continue on their path to self-glorified greatness.
http://www.esquire.com/blogs/news/real-wolf-of-wall-street?click=feed
Thats a great piece on this entire situation.
"Belfort is not even the first financier to use the Wolf of Wall Street sobriquet. That honor goes to David Lamar, a con artist so bold that he once disguised himself as a U.S. Senator in an attempt to deliver a floor speech that would drive down steel prices while he shorted the commodity. Lamar never really worked on Wall Street either."
"never really worked on Wall Street"
+1 for VoidTrading
The guy will have "changed" when makes whole all the people he screwed. That and making it clear to the public that what he did is not what we do. Until then, as far as I'm concerned, he's just milking the next opportunity: the media shit show.
Net net, he's still doing ok and WE have to pay for his legacy with tighter regulation and public scorn for doing our jobs. I say we put a bounty on his head: whoever can publicly humiliate him while illuminating the public with these facts gets free drinks. Bonus points for beating the snot out of him.
The thing that gets me is the "may still be going on" in the headline.
Then the reporter goes on to make a cool point on Porush working with old Stratton guys. "He was selling diabetic supplies to old people and then billing Medicare for it. That business is still operating. There are multiple companies involved with Porush acting as a consultant. Indirectly, the white-collar criminal is billing taxpayers."
Kinda cool how he interviewed Porush's old wife and she said that Belfort/Porush are secretly in touch and have a ton of cash in the Bahamas. Even if un-substantiated, it may be a jumping off point for new investigative journalism. If there is indeed something there, it may make for an even better story. Especially one that isn't enshrouded in the feel-good hype of promoting a movie/story of redemption.
Diffiicult to nail them down, but hey Forbes did it once. Would be insane if they catch either one of them in a crazy scenario again.
I don't blame him. Money is awesome.
Forget Jordan Belfort, who is that beauty of a reporter? She is dope.
That moment when you're a shitty trader and the only way you can make money is by ripping off people. I don't even know why a movie was made about him. All the movie did was glorify him and that is fucked up. Hollywood really is the only shithole that can make a thief look good.
I don't think anyone who has any sort of moral compass saw that movie as a glorification. The told the story as is leaving it up to the viewer to make their own decision about him. He is disloyal, put his children's live at risk, divorced twice, a drug addict, at what point does this scream...I want his life? If you walk away from that movie wanting to trade places with him then your priorities are out of alignment.
This is directed at you but those who feel this away about him.
I agree, but the issue is that not everyone has the ability to realize this guy should not be aspired to. Think about 10 year old kids seeing lamborghinis, yachts and possibly boobs for the first time. The thought this is bad probably didn't come to their mind and won't.
...to younger kids, they often don't fully understand all of what you just said. All they think is "yadda yadda rehab whatever...SIGN ME UP FOR THAT SHIT"
I agree with this. I even hear the new analysts around my office talking about how "cool" the guy is and how great the movie was. It's disturbing. They should be saying, "This guy was a horrible person who profited off of stealing from the elderly."
Movie is great. Dude hasn't changed.
Guy sold shit stocks to morons who bought stock from a guy on the phone. A fool and their money is easily parted.
I don't think he has changed either. But there is one think that still kind of impress me. This guy is one of the best salesman that ever lived on the planet. He basically transformed old farts into rainmakers and he is still able to teach online and make lots of money after having been convicted of many different charges. Actually it's scrary how good he is has been at rigging the game.
It's easy to make money when you're a sociopath. If you were completely unconstrained by conscience while the rest of your competitors were constrained by conscience then sales would be super easy. That's what happens routinely in the mortgage business--the best salesmen are almost always the biggest liars. It's not an impressive trait at all.
I think it's really sad that people can watch Wolf of Wall Street and get excited about working in finance. This wasn't some firm that got too cocky and slacked on risk when the bubble was forming. According to his prosecutors, he would literally spend every day planning how to defraud more and more people.
Watching that movie was like a college professor explaining a moderately difficult concept in terms of sex and drugs because, according to him, it's something we all related to.
If you found the movie entertaining, then it's just a matter of having different tastes than me, which is perfectly okay. But if watching it inspired you to create a WSO account and (try to) network your way into Goldman Sachs, then you should expect better from yourself.
I'm taking this blowoff class called Capitalism, Finance, and American Culture. The professor is everything you would expect her to be. Spent her career studying finance and writing papers on finance culture and shit, but hasn't worked in the field in her life. What the fuck motivates you to be a finance nerd if you don't wanna use it to make money? Nice lady though. We have fun bullshitting.
Whatever though. Last class, we're talking about Wolf of Wall St and she makes this big point about karma's a bitch and 'See, he got his. Bet he regrets everything.' I'm like... he did less than 3 years in minimum security in exchange for living a pretty fucking fun life for a while, probably has money stashed away, and will continue to make money now just because of his name.
wait, is he still banned from trading securities?
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