the scene where he first sells penny stocks

> the scene where he first sells penny stocks
> just lies to stupid chumps
>"omg how did you do that?"

What did they mean by this? It takes no skill to lie and the guy he had on the phone was clearly a retard to fall for his lies.

Are they implying that they've never tried lying before?

Why ever not tell the truth to another person? Civilisation was built on trust and truth.

It was to mirror the reaction of all the dumb Chads who watched that scene and later went on to idolize and try to become le wolf of wall street.

1. He was proffesional and got a big sale without swearing or insulting
2. The other workers are the retards who watch the movie and think they can do it too

Anyone can do it too. Everyone in fact should do it, it would make the world a better place.

Back in the 90's during the tech bubble, most people had no idea what the stock market really was nor did they have the ability to look shit up instantly like we do today. All most people knew was that CNN showed that tech stocks like Yahoo went up 500% in a week.

it's about getting the guy exited and convcing him it's a good idea. he's not just lying

seriously are you retarded

And he does that by just flat out lying.

I think the point of this movie is that you can get rich if you are good at bullshitting, so essentially, yes.

E-Trade was around in the fucking 1980s, you could check stocks and trade via national BBSes like Compuserve, Prodigy, and AOL

it's acting more than lying, he has to convince the guy that he himself thinks it's a good idea and is working for his best interest.
the other guys were impressed because they most likely get told to fuck off most of the time on the phone, and he is making a bigger sell than any of them on the first day.

test

Most people didn't have computers back then. Most websites were crudely constructed and weren't user friendly to the "we go outside and socialize with others" demographic

How did they get rich by unloading crap and making their clients lose money? They would get a bad name.

Their business model relies heavily on pre-tech boom ignorance and was ultimately unsustainable. Today a business like Stratton Oakmont wouldn't last a week as every potential client would instantly google them from their phone and all the negative press would come up

Most people still don't have computers.

Most worthy people have computers.

>wolf of wall street
>no wolf in the film

We're there really people who parted with relatively large sums of money just because they got a random cold call from a 'stock-broker'?

Seems like utter retardation, like if someone phones you claiming you have a virus on your computer and you have to pay a sum over the phone for them to remove it.

The wolf was inside us, the viewers, all along. :)

t. Roberta Williams

This was the 90's. There were new tech startups every day and no one really understood that most of these companies had nothing more than theoretical ideas and the hardware to accomplish what they wanted would not exist for another 15 years. You had paper billionaires who companies where worth millions yet posted zero profit

>Finally, I have become "the wolf of Wall Street"
Did anybody else clap in the theater when he said this?

>You had paper billionaires who companies where worth millions yet posted zero profit
Like twitter, snapchat, Netflix

Yes, especially when Jordan Belfort himself came on stage to thank us all for getting him out of bankruptcy by watching his film and buying his book.

Netflix actually makes profit

Twitter and Snapchat were valuable for their user bases, unfortunately for them their functionality can easily be copied by already established social media companies.

Just imagine a typical beta trying to sell penny stocks.

>"H-hi sir, w-would you be interested in uhh, this umm- sorry? N-no, this is- oh, h-have a good day"

try selling something, anything to anyone and then ask yourself this question again.