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Analysis of wolf on wall street
The Wolf of Wall Street essay
Wolf of wall street analysis essay
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Wolf Of Wall Street Sociology
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The Wolf of Wall Street is a movie starring Leonardo DiCaprio as Jordan Belfort, a kid with big dreams to become rich. In order to gain wealth he lures people to buy penny stocks so he himself can get more money. The movie The Wolf of Wall street lacks the victim’s perspective but it is not needed. Linette Lopez writes in her article on BusinessInsider.com [Dec 18 2013 13.15] “The best and worst things about ‘The Wolf of Wall Street’” that the victim’s perspective is missing and therefore not displaying Jordan Belfort as the villain he truly is. This is wrong, because in one part Belfort explains how he lures his clients into investing in penny stocks and thus pumping up the prices of the stocks. Then Jordan Belfort and his company Stratton
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Jordan Belfort Case Study
3181 Words | 7 PagesThe stock market is an enigma to the average individual, as they cannot fathom or predict what the stock market will do. Due to this lack of knowledge, investors typically rely on a knowledgeable individual who inspires the confidence that they can turn their investments into a profit. This trust allowed Jordan Belfort to convince individuals to buy inferior stocks with the belief that they were going to make a fortune, all while he became wealthy instead. Jordan Belfort, the self-titled “Wolf of Wall Street”, at the helm of Stratton Oakmont was investigated and subsequently indicted with twenty-two counts of securities fraud, stock manipulation, money laundering and obstruction of justice. He went to prison at the age of 36 for defrauding an estimated 100 million dollars from investors through his company (Belfort, 2009). Analyzing his history of offences, how individual and environmental factors influenced his decision-making, and why he desisted from crime following his prison sentence can be explained through rational choice theory.
Comparing The Wolf Of Wall Street And The Great Gatsby
1564 Words | 4 PagesThe Wolf of Wall Street is based on the life and also the author, Jordan Belfort. Jordan becomes discontent with his everyday life and realizes his talent for selling. As he continuously gains more money, he begins using more drugs. Way more drugs. Jordan starts his own brokerage firm named Stratton-Oakmont. Jordan hires a staff of, well, criminals to help him sell cheap stocks. They would sell all of these cheap stocks to their customers, then Belfort would buy large amounts of these stocks, running up the price, and then dump it. Finally, Jordan begins running into a lot of legal trouble as the FBI is on to the ways his brokerage firm works. Although Belfort has the FBI watching him very closely, he continues to spend huge sums of money on things such as boats, cars, houses, strippers/hookers, and last, but certainly not least, drugs. As Jordan’s already massive drug problem continues to escalate, he has to keep a very large portion of his money in a European account to hide it from the Feds. Belfort ends up going to prison for 22 months for fraud of his
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1357 Words | 3 PagesJordan Belfort is the notorious 1990’s stockbroker who saw himself earning fifty million dollars a year operating a penny stock boiler room from his Stratton Oakmont, Inc. brokerage firm. Corrupted by drugs, money, and sex he went from being an innocent twenty – two year old on the fringe of a new life to manipulating the system in his infamous “pump and dump” scheme. As a stock swindler, he would motivate his young brokers through insane presentations to rile them up as they defrauded investors with duplicitous stock sales. Toward the end of this debauchery tale he was convicted for securities fraud and money laundering for which he was sentenced to twenty – two months in prison as well as recompensing two – hundred million in restitution to any swindled stock buyers of his brokerage firm (A&E Networks Television). Though his lavish spending and berserk party lifestyle was consumed by excessive greed, he displayed both positive and negative aspects of business communications.
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1301 Words | 3 PagesThis movie starts off as Jordan Belfort, the main character in the movie, losing his job as a stockbroker in Wall Street. After losing his job, he goes and gets a job in a Long Island brokerage room. In the brokerage room, he sells penny stocks. Thanks to him being aggressive in his selling skills, he was able to make a profit. With the new income, he gives his wife a bracelet and she asked him why doesn’t he go after the people that can afford to lose money, not the middle-class people or lower income people. That is when he gets the idea to get a lot of young people and train them to become the best stock brokers.
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444 Words | 1 PagesThis movie is based on a true story, and stars Leonardo DiCaprio as Jordan Belfort, a penny stockbroker who eventually gets sentenced to prison for defrauding investors. Although ludicrous at times, The Wolf of Wall Street provides its audience with an emotional, yet educational, ride through the life of the salesman, Jordan Belfort. Jordan Belfort starts off as a stockbroker for a company, but he loses his job due to the plummet of stocks. Belfort then starts his own stock company, Stratton Oakmont. At this point, Belfort has learned the game of manipulation, and he makes an astonishingly successful career for himself, which is selling worthless stocks to unfortunate people. As someone wise once said, what goes up, must come down, and in the case of Jordan Belfort, his career really fell into shambles. By the end of the picture, Belfort is arrested and is sentenced to thirty-six months in prison.
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