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TED Talks Daily

How I learned to read -- and trade stocks -- in prison | Curtis "Wall Street" Carroll

TED Talks Daily

TED

Creativity, Ted Podcast, Ted Talks Daily, Business, Design, Inspiration, Society & Culture, Science, Technology, Education, Tech Demo, Ted Talks, Ted, Entertainment, Tedtalks

4.111.9K Ratings

🗓️ 24 October 2017

⏱️ 11 minutes

🧾️ Download transcript

Summary

Financial literacy isn't a skill -- it's a lifestyle. Take it from Curtis "Wall Street" Carroll. As an incarcerated individual, Carroll knows the power of a dollar. While in prison, he taught himself how to read and trade stocks, and now he shares a simple, powerful message: we all need to be more savvy with our money.

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Transcript

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0:00.0

This TED Talk features stock picker Curtis Wall Street Carol recorded live at TEDx San Quentin

0:13.2

2016.

0:17.2

I was 14 years old inside of a Bolin alley, burglarizing an arcade game.

0:23.9

And upon exiting the building, a security guard grabbed my arm, so I ran.

0:28.4

I ran down the street, and I jumped on top of a fence.

0:31.5

And when I got to the top, the weight of 3,000 quarters in my book bag pulled me back down

0:36.0

to the ground.

0:37.4

So when I came to,

0:38.8

the security guard was standing over the top of me and he said, next time you little punk still

0:42.2

something you can carry. I was taking a juvenile hall. And when I was releasing to the custody

0:50.1

of my mother, the first words my uncle said was, how did you get caught?

0:55.0

I said, man, the book bag was too heavy.

0:57.0

He said, man, you weren't supposed to take all the quarters.

0:59.0

I said, man, they were small.

1:00.0

What am I supposed to do?

1:02.0

And 10 minutes later, he took me to burglarize another arcade game.

1:07.0

We needed gas money to get home.

1:09.0

That was my life. I grew up in Oakland, California,

1:13.6

with my mother and members of my immediate family addicted to crack cocaine. My environment consisted of

1:19.6

living with family, friends, and homeless shelters. Oftentimes, dinner were served in bread lines and soup kitchens.

1:29.3

The big homie told me this.

1:31.3

Money rules the world and everything in it.

...

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