book review of novel by jordan belfort "the wolf of wall street"

1. Submitted by:
Twinkle Mittal
PGDM(Finance)
19DM230

3. • Belfort was born in 1962 in the Bronx borough of New
York City.
• In 1999, he pleaded guilty to fraud and related crimes in
connection with stock-market manipulation.
• He is an author, motivational speaker and a former stock
broker.
• This book is a non-fiction released in 2007 and adapted
into a movie in2013.

4. Born
1962
At 25
At 27
At 30
At 36
A Natural
Salesman
Stratton
Oakmont
Change in
Career
Under
Investigation
Pledged Guilty

7.  In 1989, he recruited his friend
Danny porush and started their
own brokerage firm Stratton
Oakmont.
 It was the largest OTC firn in the country during
late 1980s and 1990s
 The company was responsible for the initial
public offering of 35 companies, including Steve
Madden Ltd.
 Stratton Oakmont participated in pump-and-
dump schemes, a form of microcap stock fraud.
 Belfort made millions of dollars, once his net
worth reached $200 million.

8.  In 1992, SEC claimed that Stratton has been involved in price
manipulation of stocks and has defrauded investors.
 In 1994, the firm agreed to pay a fine of $2.5 million to the SEC in order to
settle the civil securities fraud case.
 In 1996, Belfort resigned and his firm was closed down soon after.

13.  Keep them broke
 Set core values and make compete them among
colleagues.
 Telling them how many are there to take up their jobs
when they make a mistake.
 Encourage them to live beyond their means.