4.6 • 2.1K Ratings
🗓️ 14 November 2023
⏱️ 62 minutes
🔗️ Recording | iTunes | RSS
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Jordan Belfort shared his advice on running a business and the rules he uses to hire, manage and fire people. He’s recently written a book about how to invest without getting scammed that seems to be full of extremely reasonable information for the average person. Hint - avoid money managers. If you want to learn about long term financial planning, as well as how to optimize business operations, this is a handy episode.
Jordan Belfort is an author, motivational speaker, and former stockbroker. In 1999, he pleaded guilty to fraud and related crimes in connection with stock-market manipulation and running a boiler room as part of a penny-stock scam. After 22 months in prison, he published a memoir, The Wolf of Wall Street, which was adapted into a film starring Leonardo DiCaprio. Jordan now uses his experiences to teach people how to make and maximize their money.
Jordan’s book, The Wolf of Investing: My Insider’s Playbook for Making a Fortune on Wall Street, can be purchased here: https://www.amazon.com/Wolf-Investing-Playbook-Making-Fortune/dp/1982197056/
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0:00.0 | I know is how so many people out there that are successful, smart, educated, diligent, but when it comes to putting their money that they've made to work, they screw it up. |
0:09.0 | The mathematical studies are conclusive. The best investment of all is literally it's the one |
0:16.1 | exception to the rule of I should seek out an expert to help me get a better result |
0:21.2 | financial planners meet the fuckers. |
0:23.2 | They take more than they give. |
0:26.7 | Bottom line, Juan Buffett's been screaming this from the ill-tops for God knows how long. |
0:31.1 | These people are very good at talking themselves up. |
0:33.2 | Like, oh, I'm the best around. |
0:35.1 | This will help you. |
0:35.8 | You don't know what you're doing. |
0:37.2 | Let us do it. |
0:38.2 | I'm like, I can't believe they're saying this shit. |
0:40.0 | So it's bullshit. |
0:41.4 | When it comes to investing, it's so easy once you know the formula it's almost the blueprint for success |
0:46.9 | over the last hundred years that type of investment structure pays off every time |
0:51.6 | here's the deal. |
0:55.0 | Jordan Belfort, welcome to my podcast. |
0:59.0 | Thank you. It's great to be here. |
1:01.0 | You've got an extremely interesting life. You made tons of money, then you lost it, and then you fairly quickly managed to make tons of money again. |
1:11.0 | So what do you think it is about you that enables you to capitalize I guess |
1:16.7 | on opportunity and make that kind of money when the average Joe I would say can't do that or |
1:21.6 | doesn't think they're able to do that. What makes you |
... |
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