I’m

It’s Scorsese, what do you expect 😂

@@antoinesilva1527 Totally worth it.

Even the funding to make the movie certainly came from criminal 💀

That too, but also what the host meant by “proceeds of crime” is that we have laws against keeping the profits of a crime for which one has been convicted. Whether that includes publishing media about your crime or selling the rights to your story, that’s a legal grey area. Several states passed “Son of Sam” laws saying any proceeds must go to the victims rather than the perp, but those laws have been struck down by the Supreme Court and several lower courts. They could probably be rewritten though to be more airtight. [You may recall that OJ Simpson wrote a _totally hypothetical_ narrative of how someone might _hypothetically_ have killed his ex-wife and her friend. That was kind of a special case: OJ had declared bankruptcy, and the book was an income-producing asset.]

Better leave out the possibilities on how you could still do it. Obama and Trump left a lot of loopholes for the big money

Big short is amazing

Both are great, each in their own way! :D

Wolf of Wall Street was entertaining. The Big Short scared the shit out of me. I'm a fairly defensive investor and that movie is one of the reasons.

Big short all the way, the intensity and comedy just blend in

And everyone loves Margin Call on the side

Because we can just see the tip of the iceberg, many crimes haven't been, aren't or won't be pursued. The question is, how many institutions are really corrupt? Edit: spelling

@@danielwanger5919 in my professional opinion, roughly 1 in 8 felonies are punished. Meaning it's possible to get away with a lot, but serial offenders are invariably caught.

@@samsonsoturian6013 Oh well, I am really not an expert in this area... You've got a professional opinion, so my guess is that you work in law enforcement? Don't you think with the "1 in 8" kind of odds, really smart low-key serial offenders will never be known?

Monkey see, monkey do.

When it comes to the movie, the main funder may have seen it as a piece of dramatic irony, seeing as he was a worse scammer than Belfort.

A fool and his money are easily parted

I'd say if grown ass people are still idiots in this day and age, let them get scammed. Education is free and it's literally in the palm of your hands now

There's a sucker born every minute...

All crypto is the same....

Not all

Finally? LOL

With inflation of USD nearing 20% yearly under slow joe, investors want even more addiction, especially when joe says "You will own nothing and like it."

@@vicioustide was inflation not caused by trillions printed under trump?

@@vicioustide joe biden never said that, klaus schwab and the world economic forum started an ad campaign with one poster that had this sentence, and back pedaled when people started getting angry. schwab really is a dishonest and suspicious individual, though. dont mix up your conspiracy theories.

@@vicioustide ?

Those were the good ol’ days. 🤑💰

I remember when ETH and LTC were the "budget options" compared to bitcoin. Good ol days

Those were when I started mining. But I was a paper hands back then and sold everything as I made it. Boy do I regret that decision 😅

I buy it for 80 but still more coming

Legitimately was late last year

The commissions where a part of it. Using the rat-holes - he was also buying low, pumping, then selling high - using the hype from his own trader crew to raise the price.

Pretty much what ricegum did with that one shitcoin but with stocks.

Yep, and like the guy in the vid said, pump and dump schemes are back with a vengeance nowadays, just with meme coins and NFTs. A whole new generation of suckers to exploit for millions and millions of dollars. People never change, whether it's the 1980s or the 2020s, everyone wants to make a quick buck and the evil geniuses of the stock market and such will take advantage of the uneducated investors

and when clients wanted to cash out, his salesmen simply DIDN'T give them their money back. they had to sue and/or file an SEC complaint.

well yeah i mean... it worked on SENTIMENT TRADING, meaning there was no reason for the trade other than "i reckon this looks good", so basically yeah, they didn't know any better. therefore, sell it to them.. INFLATE THE PRICE (when it's not really inflated) Knowing that it ultimately has to come back down to normalize again

7 million dollars a week, 30 years ago as well.

due to inflation it would be around 14mil a week in todays money

mil a day… imagine

Not going to lie, if I could do what he did, I would probably do it, just not for as long as he did so I would be less likely to get caught. Just one week of making 7 mil alone would set me up for life and let me retire in my late 20s...

@Sean1 Money buys happiness

And if you smell to crap, you're out the door. So he's left with a bunch of street punks that buy into the scam from the inside.

What a great boss. Damn. 😏

To be fair a lot of companies do give their employees stock options which is sort of similar

Yep, and keeping them happy also would make them less likely to of course rat him out and his pump and dump schemes. This is really the one smart thing he did as a lot of scam artists abuse everyone since they are so greedy, even their own employees and partners. He at least knew to take care of them. Of course, that did his victims no good, just made it harder for the feds to catch him.

once you realised it was a scam did you quit?

@@pigeon7777 of course he didn't 😂

@@pigeon7777 if it was u would u have quited

@@klimax2923 yes I would

As he moved on, Belfort ended up in Australia involved in a govt. agri. program and FOUND A WAY TO SCAM THAT, TOO. I thought convicted felons weren't allowed in Australia.

lmao people already do this, but it's legal with crypto because the crypto market isn't nearly as regulated as the securities market. That being said, it takes a fair amount of startup capital and luck

@techlead enters the chat

@@ethanhall7217 it's as legal as giving toddlers cocaïne without getting caught

@@lucasatilano8008 Why you should participate in pump-and-dumps and conspire to commit securities fraud (as a cryptonaire).

@@TheBloofyx Pretty sure in English it's cocaine, not cocaïne, and the two vowels form a diphtong (whereas the ï prohibits that).

the movie was a scam, deluding people into thinking it would explain and describe the scam. But just ends up scamming the audience with a trashy teeny party movie played by an A list actor.

Wait until the Big Short Squeeze comes out.

There’s another contender: Margin Call. The key there though is to read between the lines / dialogue.

It was about cocaine and hookers bro, that’s what people watch

@@sztypettto stop hating you wish you coulda partied like that the movie was fucking fire

Would you mind recommending a specialist with a variety of investment options? This is extremely rare, and I eagerly await your response.

Bots at it again lol

@@lilyhawthorne1196 It's always amusing and an immediate giveaway when they conveniently give this type of "financial" advice and get people to look up a random name

Give me your money, trust.

Fr wtf

Facts

Not "fatty"... Just big boned

It's too bad you missed the entire point of that particular line, and it's actual genius in how people are. It's not that what he's explaining doesn't matter, because it does. It's that he understands that people will zone out or not understand what he's saying in the first place, all they want to hear is a) how it will affect them, and b) how they can make money from it.

Well, he didn't physically hurt anyone, so he's not a "dangerous" person per say. That's why he doesn't need to be locked up. He does have to pay back $100 million to his victims, though. So it's not like he's a completely free man.

@@nasifsiddiquey8867 except he is already back to making tons of money, and has basically paid nothing back.

@@nasifsiddiquey8867 whether he physically hurt anyone isn't relevant. You don't have be physically hurt to be the victim of a crime. He cost thousands of people millions, if not billions, of dollars of their money with his scams. You can say that investing is risky and it is. But deliberately misleading people and causing them to lose money to enrich yourself and others is a crime. I'm glad he served jail time. Unfortunately he did less than two years in a minimum security prison.

@@samuraibiker3793 we all make mistakes, let the man live

@@minidwarfdude9230 what he did wasn't "a mistake". It was a years long, concerted effort to defraud people out of their money.

I've never seen a tv personality or the media try to persuade me.to buy any crypto. Time for you to stop watching shit TV and media

@@mattwith2tees not really crypto but stocks in general. They “suggest” stocks they already bought so when their viewers buy the stock it goes up

@@mattwith2tees Nah. Lets take a look at Jim Cramer for example. One of the biggest stock market media "personalities" who suggests to buy and sell stocks regularly. If you would have followed all his "suggestions" you would be down 50% by now. The GME saga as a whole showed off how rigged the whole financial system + the media involved is.

@@aperson7281 I'll reiterate again.. stop watching shit tv.

@@shiftblyat1115 I'll also reiterate to you as well. Stop watching shit tv.

I literally just got done watching it great movie I agree it is a better movie

Wolf of wall street is more of a comedy movie, Boiler room is a lot more serious in tone.

Both movies have their own strengths. I like WOWS more just cause I like comedies, but Boiler Room is still fantastic

There's something about the way Scorsese films a movie that is unique and why, IMO WoWS was the better movie.

Thanks Tom :)

Yeah, they mainly focused on his personality and how he spent his money. Basically, the movie is not so much about the actual fraud he committed, but the view on his persona, how it transformed him from somewhat nice fellow who is taking care of his girlfriend, trying to find a good job with steady paycheck, to an obscene asshole who lost all touch with reality and how it slowly burned him in the end. Somewhat similar to Breaking Bad - not so much about building the drug cartel from the scratch, but about character transformation.

Yeah I thought it was a bit of a problem with the movie too. I mean in Goodfellas or The Irishman it's pretty easy to see how they're making money and who they're hurting. In the Wolf of Wall Street it really sort of obscures this and how the scam worked. I think this is why so much vapid "finance bro" media uses Di Caprio playing Belfort as an icon. If this is the your early exposure to finance, to many he just ends up looking like a guy who hustled hard and played hard instead of a horrible scammer whose money came at the expense of many normal people.

It's to glorify it so more idiots will take up that lifestyle

@@cw3le - the movie was a scam, deluding people into thinking it would explain and describe the scam. But just ends up scamming the audience with a trashy teeny party movie played by an A list actor.

Sorry, but he DID MENTIONED Belfort and Assoff own the majority of the shares from Madden. It even showed they had to dump all their shares when they heard Steven was trying to sell his shares.......the movie also showed Brad being his rat, the scene where they are playing golf and he brings a bag with the cash he made selling the stocks they inflated.

Try cryoto, thank me later

Content creators pushing crypto, or a stock you should be careful, or never take their advice. They are doing the exact scam , they push a stock for their viewers to buy when they’re selling to scam

It basically glorified thr worst of Wallstreet

Investing in stocks is not like putting your money in a savings account that pays little or nothing annualy. Returns will fluctuate from year to year, some times dramatically. return is only an average of some bang up years and some gut wrenching years.

@@Robertgriffinne I wonder what the best opportunities to invest now are, there are opinions but a little later I find out these opinions don't matter as a totally different turn of events play out with the stocks they discussed therein...

@@Natalieneptune469 Building a good financial-portfolio is more complex so I would recommend you seek professional support. This way you can get strategies designed to address your unique long-term goals and financial dreams.

@@instinctively_awesome8283 very-true, I started investing 2016 and that same year I pulled a profit of about thousands as profit with no prior investing experience, basically all I was doing was seeking guidance from a financial-advisor, so you don't necessarily need to be a perfect investor, just have a professional assist you.

@@marianparker7502 How can one find a verifiable financial Planner, I buy the idea of employing the services of a Financial Advisor because finding that balance between saving and living requires counsel

We can't all have good tastes

Boiler Room is fine and a strong moral movie, but Wolf is superior cinematically.

Thank you for the recommendation!! Loved the movie!!

Totally agree!

Also IMO the acting/directing is better in WoWS@@emanym

IIRC Goldman Sachs is famous for this, downgrading a good stock only to buy into it when it drops.

I concur, Billion Dollar Whale was such a great book. Easily one of my top 5.

and wasn't their office in New Joisey across the river, and never on "Wall STreet" in New York??

Congratulations.

It's a good feeling I remember my first time lol 🤣🤣

Haha congrats man

Glückwunsch :)

Does the power feel goid

Thanks I’ll give it a watch

thanks for the movie recommendation

I ll never see the world the way I did again

​@@DorothyYukon-vk4jlI'm not the same person

@@brandon_henry_222 things will never be the same again between us

Poper nouns... pronounce them however you want

Everyone says it the first way lmao

I read some time ago that both pronounciations are correct in English.

@@sknight874 If by „Everyone“ you’re referring to „every North American“ then yes, you’re right. Doesn’t make the pronunciation right though.

Ratshield

How can I start investing in the crypto markets I have been reading about Zach Micah Demers before now. I am a total beginner on this

When you work with experts like Zach Micah Demers in any field you will surely make improvements and you will undoubtedly make a profit.

Hi, please could you share more insight for someone who is a beginner? Also I could use some referral, how do I reach the expert that assists you?

Thank you for sharing such valued information, I have just found his profile online and I am now working with him

Working with Zach Micah Demers as my investment advisor has been a huge relief. He is well known with years of experience, so I let him to use that knowledge to diversify my investments.

Media personality worship feeds this, but what if it was your legitimate life savings or for paying your spouses medical bills?? The collateral damage is never covered, either. Your kids college fund, GONE, so Melfort and his boys can buy Porsche's, use drugs, hire "employees" thinly disguised as hookers.

The movie does constantly emphasize that Belfort is inevitably going to get knocked off his pedestal, which he does, by his dishonest practices. If you care about actually keeping your money you wouldn’t get involved in anything like this

In pretty much any industry, the most money you can make is by taking money from stupid people. The moral area here goes from shining white all the way to the darkest black and 99% of them are in the gray area inbetween. Everyone has basically 2 different lines they draw somewhere in that gray area. The line they aren't willing to cross to make money, and the line they aren't willing to admit they crossed to make money. Every succesfull Sales-person lives between those lines.

Lemme put it to you this way : think of cells and what the nature of a cell is and us being cellular life forms implies about us. A cells nature is to maximize its gains while minimizing energy loss. Think of the people our society generally holds in contempt: black people, the poor, trailer trash , Romanians, brown immigrants. People who have the reputation of being without resources. Lemme make this as simple as I can : we are attracted to people with resources. We will defend people with resources. We will idolize people with resources. We will say they are good people and ignore the shitty things they do. We will call the ACTUAL Good people whom call them out losers or jealous. even harsss them or ruin their reputation, and those who have financial interest in backing the shitty things of those with resources leverage THEIR resources against naysayers. Which is why : unless there is DAMN good incentive to call them out, typically keep silent about the wrongs they do. But it’s not enough to HAVE resources. You also have to LOOK like you have resources. It’s not the scam they liked. It’s just that they were willing to look PAST the scam with the pornographic image of wealth, sex, and fraternity that wolf of Wall Street reveled in. People hate scammers. Even scammers hate scammers. Which is why Gary Vee calls himself an “entrepreneur”, which is why Tyler Lopez calls himself a “guru” which is why Trump calls himself an “entrepreneur” which is why everyone who sold NFTs was spreading the idea that NFTs would change the world without exploring use cases beyond having a place holding in a digital queue that had a picture attached to it. Make sense?

@@WilliamAndrews0 one of the most underrated comments on this platform. What words dude!

Recently, last year I believe, he actually lost 300,000$ on Nfts. Just another drop in his 100 million dollar debt.

@@s.i.m.poster6823 lol I even forgot NFTs were a thing

I'm yet to start learning about stocks so I found it extremely funny when he just cut to the chase and realized that the viewer had no clue of what he was saying 😂

I'm just guessing but normally subtitles take a bit longer to get uploaded because they don't do it themselves. If you watch them a few days later they should be up. At least that's how it works for other channels.

Not an ideal solution, but switching to automatically generated subtitles will include the clips as well.

Ask for your money back...

What's the price did they make in 4 hour

@@guilhermeodai Nope, not for me 2:37 no subtitles.

That's very practical and smart goal, a wise man once said do everything you can to get outta debt, one of his tips to get rich.

The best approach for novices is to trade under the supervision of an expert, trust me you will be debt free.

Wish I knew about crypto trading earlier.stock is good but crypto is better. Brace up and get yourself a bitcoin before it's too late.

Crypto is the future, investing in it will be the wisest thing to do especially with the current rise.

Fear is one of the factors that hinder most people to invest into crypto, most people say ignorance.

Given what I've seen of Mr Belfort's recent activity I'm not sure if I even would use the past tense.

@@klobiforpresident2254 you can’t deny his selling skills

Abso-fucking-lutely not.

I’m high af why th did you notice that 😂

I’m high af and I think it’s because he respects his public persona.

It does. Ask anyone who's had money for any length of time and they'll tell you it does make some problems go away, but does not make you happy and never satisfies.

Yea it was a lot better then wolf of Wall Street just finished watching it again and every time I can never take my eyes off the movie

You think robinhood is doing a pump and dump scheme? lol did you even watch the video?

@@Baconator1368 No, but a lot of the Redditors who were artificially inflating GameStop's stock price under the guise of sticking it to short sellers were likely doing a pump and dump scheme

@@brianbiekman8805 agreed

If you are using really a good broker or account manager is easier to earn from the market

@@craigbrown7886 That's true. a lot of people today have been having a ton of disappointments in forex and crypto trading in light of helpless direction and awful specialists

@@millerwoods1343 Any specific guide?

@@joykeating3635 check out Mrs Victoria Wilson of UCLA Anderson. she's great and her methods are working for me at the moment Very professional

Ever since I lost my job with the ministry, I have been surviving through my investment with Miss Victoria, I'm so glad I invested when I did.

Markets are rigged anyway you put it. But even then there is no better place to hold your money unless you want the value of your money to decline due to inflation. I work in finance and I have a degree in finance.

@@MrSupernova111 wat should I invited my money in

@@LOCKBlT Aerotyne International. It is a high-tech firm out of the mid-west awaiting imminent patent approval for the next generation of radar detectors with huge military and civilian applications. Right now trades over the counter are 6 cents a share, but our analysts indicate it could go a heck of a lot higher than that!

🤣🤣😭