“We are not the mistakes of our past.”

The former boiler room king, Jordan Belfort, is ready for his closeup as The Wolf of Wall Street heads into theaters this December.

I loved his book and I had met most of the old Stratton Oakmont guys fifteen years ago during my early days in the Long Island brokerage scene. I’ve always said that if Jordan had used his powers and charisma for good rather than evil, he’d have been a billionaire. Guys I knew who had worked with him and gotten into trouble because of him still worshipped at the altar of Jordan years after the fact. To this day there are still thousands of brokers using the scripts and selling methods he had devised, albeit not to sling garbage house stocks (let’s hope).

In a new profile at BusinessWeek, Jordan Belfort lets us in on where he is now…

Jordan Belfort, aka the Wolf of Wall Street, hates it when people describe him as a criminal. “‘Convicted stock swindler’—it’s like it hurts my heart,” he says, practically shuddering. “I know it was true, but it’s not who I am. I say to my son, I say it to everybody who I try to mentor: We are not the mistakes of our past. We’re the resources and capabilities that we glean from our past. And it’s so true.”

Keep Reading:

Jordan Belfort, the Real Wolf of Wall Street (BusinessWeek)

 

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. immediate edge review 2020 commented on Sep 22

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2013/11/08/we-are-not-the-mistakes-of-our-past/ […]

  2. Small child commented on Sep 25

    … [Trackback]

    […] Find More on on that Topic: thereformedbroker.com/2013/11/08/we-are-not-the-mistakes-of-our-past/ […]

  3. Microsoft Azure DevOps commented on Nov 23

    … [Trackback]

    […] There you will find 93426 more Information on that Topic: thereformedbroker.com/2013/11/08/we-are-not-the-mistakes-of-our-past/ […]

  4. buy cvv2 commented on Nov 27

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2013/11/08/we-are-not-the-mistakes-of-our-past/ […]

  5. imitation Tissot day date commented on Dec 08

    … [Trackback]

    […] Find More Information here on that Topic: thereformedbroker.com/2013/11/08/we-are-not-the-mistakes-of-our-past/ […]

  6. td canada trust login easyweb commented on Dec 20

    … [Trackback]

    […] Read More here to that Topic: thereformedbroker.com/2013/11/08/we-are-not-the-mistakes-of-our-past/ […]

  7. 토토사이트 코드 commented on Dec 22

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2013/11/08/we-are-not-the-mistakes-of-our-past/ […]

  8. bmo ligne action commented on Jan 10

    … [Trackback]

    […] Read More Info here to that Topic: thereformedbroker.com/2013/11/08/we-are-not-the-mistakes-of-our-past/ […]

  9. Software testing company commented on Jan 11

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2013/11/08/we-are-not-the-mistakes-of-our-past/ […]