This Past Weekend - The Real Wolf of Wall Street Jordan Belfort | This Past Weekend #210

Episode Date: June 27, 2019

Betterhelp https://betterhelp.com/theovon Theo Von sits down with the real wolf of wall street, Jordan Belfort. This episode brought to you by… Uncommon Apothecary Visit https://ua-cbd.com Ridge ht...tps://ridgewallet.com/TPW Use code “TPW” for 10% off Find Theo Website: https://theovon.com Instagram: https://instagram.com/theovon Facebook: https://facebook.com/theovon Facebook Group: https://facebook.com/groups/thispastweekend Twitter: https://twitter.com/theovon YouTube: https://youtube.com/theovon Clips Channel: https://www.youtube.com/channel/UCiEKV_MOhwZ7OEcgFyLKilw Producer Nick https://instagram.com/realnickdavis Music “Shine” - Bishop Gunn http://bit.ly/MakinIt_BishopGunn Gunt Squad www.patreon.com/theovon Name Aaron Jones Aaron Rasche Aaron Wayne Anselmi Adam White Alaskan Rock Vodka Alex Hitchins Alex Person Alex Petralia Alexa harvey Andrew Valish Angelo Raygun Anthony Holcombe Anthony Schultz Arielle Nicole Ashley Konicki Audrey Hodge Ayako Akiyama Bad Boi Benny Ben Deignan Ben in thar.. Benjamin Herron Benjamin Streit Bobby Hogan Brad Moody Brandon Hoffman Brandon Kirkman Bubba Hodge Carla Huffman Casey Roberts Charles Herbst Christian Coyne Christina Peters Christopher Stath Claire Tinkler Cody Cummings Cody Kenyon Cody Marsh Crystal Dakota Montano Dan Draper Dan Perdue Daniel Chase Danielle Fitzgerald Danny Crook David Christopher David Smith Diana Morton Dionne Enoch Donald blackwell Doug C Drew Munoz Dusty Baker Faye Dvorchak Felicity Black Ginger Levesque Grace Jenson Grant Stonex Greg Salazar Gunt Squad Gary J Garcia J.P. Jacob Rice Jamaica Taylor James Briscoe James Hunter Jameson Flood Jason Price Jeffrey Lusero Jenna Sunde Jeremy Siddens Jeremy Weiner Jim Floyd Joaquin Rodriguez Joe Dunn Joel Henson Joey Piemonte John Kutch Johnathan Jensen Jon Blowers Jon Ross Jordan R Josh Cowger Josh Nemeyer Joy Hammonds Justin Doerr Justin L justin marcoux Kaitlin Mak Kennedy Kenton call Kevin Best Kirk Cahill kristen rogers Kyle Baker Lacey Ann Laszlo Csekey Lauren Williams Lawrence Abinosa Leighton Fields Luke Bennett Madeline Garland Mandy Picke'l Marisa Bruno Matt Kaman Meaghan Lewis Meghan LaCasse Mike Mikocic Mike Nucci Mike Poe Mona McCune Nick Roma Nick Rosing Nikolas Koob Noah Bissell OK Passenger Shaming Qie Jenkins Rachel Warburton Randal L. Nu Ranger Rick Robert Mitchell Robyn Tatu Rohail Ryan Hawkins Ryan Walsh Sagar J Sarah Anderson Scoot B. Scott Wilson Sean Scott Season Vaughan Secka Kauz Shane Pacheco Shannon potts Shona MacArthur Suzanne O'Reilly Theo Wren Thomas Adair Tim Greener Timothy Eyerman Todd Ekkebus Tom Cook Tom Kostya Tommy Frederick Travis Simpson Tugzy Mills Tyler Harrington (TJ) Victor Montano Victor S Johnson II Vince Gonsalves William Reid Peters Yvonne Zeke HarrisSee omnystudio.com/listener for privacy information.

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Starting point is 00:02:21 That's code TPW for 10% off at ridgewallet.com slash tpw. Go on ahead and get that front pocket carry. Today's guest is the author of The Wolf of Wall Street. I guess that's an autobiography. He is notorious, I think is a good word to describe him. He also is the host of The Wolf's Dan podcast. It is The Wolf of Wall Street, Mr. Jordan Belfort. What's the largest or most like the largest woman you think you ever made love to?
Starting point is 00:03:15 Even when I was high, I made love to a 240 pound woman with fucking beard probably. When I'm on coke, I'll fuck anything or eat anything and the uglier the better. But when I'm normally sane, it's not even how fat they are, it's the size of their ankles. Oh really? If they have thick ankles, there's no Viagra in the world that could do the trick. Is it intimidation you think? Is it like the girth of my penis won't be able to compete with that? No, it's not that.
Starting point is 00:03:46 It might be that four levels down, but there's just something about the look of it that I don't know. It just fucking scares me. I feel like I'm trying to sleep with the abominable snowman. Does it feel like an impossible feat? Maybe. I don't know. It just feels like... I'm like, dude, sorry dude.
Starting point is 00:04:06 Fucking with the guy. And I'm not even saying I'm right about it. No, I'm not saying you're right. There's a guy down the road who loves that. It's just a personal preference. Oh, some guys get more into bigger girls, stopper girls. I like thin. I like the thin model type.
Starting point is 00:04:22 Oh yeah, whatever. It's all about... I guess back in the 1800s, the heavier girls were more invoked. I mean, they were fed better. They were better bred. You know, so far. The Rubinesque. Yeah, I remember when I was young, I'd go to the library and instead of...
Starting point is 00:04:35 This is before I got any good pornography. Are we on the podcast yet? Because this is a podcast. What, are we live? Yeah, we're live. Oh, this is great. This is fucking fabulous. This is the real us, right?
Starting point is 00:04:45 Oh yeah. Like I said, I have not the fucking eye. I'll say anything. I'm glad there's... Shit, we're missing all this stuff. I think the problem nowadays is that people are scared to be honest. And that fucking drives me crazy. And I said that about girls with...
Starting point is 00:05:02 I'm not saying I'm right. I'm not saying they're less beautiful. I'm saying to me, everyone has their type. That's my... whatever reason might as well have dropped on my head as a kid or who knows what, maybe I couldn't get it up once with a girl like that and it deep wounded me forever. Or maybe I just don't like girls with fat big ankles. Yeah. But that's the defining feature for me.
Starting point is 00:05:20 Oh, it's interesting. Yeah, you know what's funny? I don't know if I ever thought about like, do I have a... Like what is like a defining feature? Do you have a... Do you have a do not cross line for you with a girl? Or a guy? I don't judge men, dude.
Starting point is 00:05:32 Yeah, no, I've never been in any kind of sex with a man or anything like that, dude. One time me and this guy was doing a little bit of coke, but thankfully I had to go to the airport, you know, because I thought things might have got a little wild, but... Listen, I think if you're gay, I think you haven't made. I think it's great. Sometimes I'm like, I'm really social. I'm liberal like that. But I just think it's great because I love guys.
Starting point is 00:05:51 I get a little much better with guys. I just don't want to fuck them. Yeah. I wish... It's like a gift if I did. It would be just to play around with tennis and then let's go fucking through. It would be amazing. Oh, it'd be crazy.
Starting point is 00:05:59 But I just don't like that. But I think it's awesome. Oh, yeah. I think if guys... I mean, I've thought about that like what if, yeah, you and your buddy are like just, you know, playing a game of hoops and then, you know... Black Mirror. Do you watch Black Mirror on Netflix?
Starting point is 00:06:12 I haven't seen it. I haven't seen the new season. Okay. It just came out, right? And there's an episode about these two guys, two black dudes, right? They're best friends. And one guy gives his friend like a present for his birthday. And it's just like, you know, next, next, next generation artificial reality where you put
Starting point is 00:06:27 a little thing on your head and you're actually in the game. And it's like all these old karate games they used to play when they were like, you know... Oh, yeah, yeah. 20s, right? Yeah. And then, you know, you know, the kicking punch, right? Except now you're actually in the game and his best friend plays and it's the guy from who plays Red Wing from Iron Man, from the Avengers.
Starting point is 00:06:47 It's him. He's one of the actors who plays... Robert Downey? No, no. Morgan Freeman? No, who plays Red Wing, the guy with the wings who flies around. Oh. Black, a great actor.
Starting point is 00:06:57 Amazing actor. Not Don Cheadle who plays... Denzel Washington? No, no, no, no. It's the name... Fuck. Not Swaggy P. He's not a basketball player, is he? No, no, no.
Starting point is 00:07:08 The guy who plays Red Wing in the Avengers. Not the... Oh, I know who it is. Anthony Mackie? Yes. He was in the movie about the plane crash with the football team. So, yeah. So, dude, he's in this with another great actor in this Blackberry episode.
Starting point is 00:07:24 And what happens is his friend plays... in the game, he's a girl, like a hot kung fu expert. Okay. And he's just a young, young, like in their 20s. And he thinks that his friend gives him the gift. They think they start fighting. And they start fucking. They start... His friend just goes in case they're fucking.
Starting point is 00:07:41 Wow. And they fall in love inside the video game. And with their man on the outside that aren't in love, and on the inside they're man and woman that aren't in love. Yes. And then the guy, it starts to fuck up as he's happily married with a kid. He starts fucking up his sex life because he falls in love in the game with this artificial girl.
Starting point is 00:07:55 So, he cuts it off and his friend is devastated. His whole fucking thing. And then they, you know, whatever they separate because he can't deal with it, right? Because his wife thinks he's having an affair. Yeah. And then finally, he separates after the whole thing. And then finally, six months later, they get back together. And he has a big fight with the guy.
Starting point is 00:08:09 And his wife's like, what's going on? What's going on? And he finally comes clean with his wife. And then the Black Mirror thing ends with his wife going out on a date with some other guy in the bar. And he's having sex with them. Like they have one week a month, they get to fuck that little dalliance. Yeah.
Starting point is 00:08:24 Be out and about. There you go. Did you want, do you think the UFC would be cool if after somebody beat somebody they had to insert themselves into them? I don't think so. I think it would be pretty tough. It was a forcible insertion. I think we call that rape.
Starting point is 00:08:38 But I think it would be agreed upon. But it would be agreed upon. When they enter the ring. I think it would be a different type of sport, you know? You think you'd have different types of fighter? You are a sick fuck, by the way. I'm worried about you. I wish I would have thought of that myself.
Starting point is 00:08:51 I'm fucking envious. Right. That's what I'm saying. You don't bring. You take it shit up and I'll never level you. You bring your sick fuck to a sick fuck fight. You know what I'm saying, dude? You just put a gun to a fucking sword fight.
Starting point is 00:09:03 Motherfucker. Oh, bro. If I'm talking to you, I'm bringing a retina to a butthole fight. Let's kick it up a notch. But do you think that? I'm saying my wife, honey, whatever is now is off limits. It's like, I didn't really mean it. It was another fucking different guy acting.
Starting point is 00:09:17 I don't mean that's the truth. Do you think that it would be a different type of sport? What's the next level of sport that you think you see? Do you start to? Hunger games. I think obviously. Do you? Well, I think.
Starting point is 00:09:29 In society. Oh, grilling in society. Yeah. Good question. The next level up from UFC. You know, here's the thing on some level. I loved the first UFC when there was no rules, no weight classes, there was nothing barred except basically.
Starting point is 00:09:45 I think you do almost anything but gouge someone's eyes out. Or tickle. Or tickle, right? One or the other, right? I don't know which one is worse, if you ticklish. But that would be, to me, that was pretty fucking cool. But people, they were saying it was like combat. It was gladiace that they made it illegal.
Starting point is 00:10:00 So it was very smart on the part of the UFC to sort of sanitize the sport by putting weight classes on and certain rules and guidelines to make it not a fucking free throw. But I kind of liked the free throw. The problem was that it turned out that Brazilian jiu-jitsu just trumped everything. So if you went into the ring knowing Brazilian jiu-jitsu, you just fucking choke a guy out. You're gonna win. Yeah, you know, yeah. So that was the problem.
Starting point is 00:10:20 So they eventually had to have some differentiators. Well, not only that, but also people skilled up. In other words, it happened as people came in, like, I'm a great boxer. I'm a great, like, Taekwondo guy. It didn't matter if you knew jiu-jitsu, you just fucking, you submission hold someone, right? Right. But once, but then you could not become maybe quite as good as the next guy, but good
Starting point is 00:10:36 enough to defend against it. If you were great at boxing, these people get knocked out with boxing. So that became, you know, something that was more than the weight classes that changed. They made it more interesting was like sort of the idea that you could defend against jiu-jitsu if you had a basic level of proficiency, you know. Right. Did you ever, did you ever take any, like, boxing or martial arts? Were you ever anything like that?
Starting point is 00:10:55 I did, but not, not sir. I did. Yeah, I did as a kid, but it wasn't called that. I wrestled in college. Okay. I took some karate, never got passed like a yellow belt or something. Oh, yeah. But I wrestled pretty seriously, so.
Starting point is 00:11:06 Okay. Did you, whenever you went to prison, did you feel like, did you, when, when you were going in there, do you have a thought in your head like, shit, I wish I knew a little more self-defense just because. No, that wasn't, no. Because what happened was with jail prison. Sorry. Jail.
Starting point is 00:11:23 No, no, no, no. The jails referred to like as a short term local, local and prisons like when you go off where I went, it was actually to prison, right? So where you actually go with federal ones, longer try. So I, I was, I was not. Like sleep away camp. Yeah. Well, it depends.
Starting point is 00:11:37 I was lucky, right? And I went to a place that was, had no violence or anything. So it depends on how many it's a point system, right? I was a first time offender with zero, almost like as low a point as you can get. So there was no chance I was going somewhere where there would be physical violence and there was never physical violence. So I knew, and I knew that going in. Wow.
Starting point is 00:11:56 Yeah. So did you think like, what was your biggest, looking back on jail, what's something that you probably missed the most, you think? Being in jail? Yeah. Um, I have one thing that, I listen, Tommy Chong was my bunk mate. Yeah. He's actually coming to my podcast tomorrow.
Starting point is 00:12:14 Oh, really? That's awesome. I used to see him at the gym sometimes. We used to have the same trainer for a little bit. Amazing guy. He's a great guy. I love him. But yeah, but I think maybe there's only one thing of about jail that it was not that
Starting point is 00:12:25 it was great. It was the fact that I had nowhere to go but up. In other words, I was at a point. There was an absolute bottom low and there's some power in, in a low. If you know, you're the sort of person that is going to come back from that. So fall worse is the time before jail when you're waiting to go and you can't restart your life. So it was like being there was almost this cleansing period of your spirit, your soul.
Starting point is 00:12:53 Not so much your body, but I guess I worked out like a maniac and got in amazing shape. Prison Jack. Prison big. Oh my God. I was fucking ripped, you know, and, and I taught myself to write when I was in prison. So I made the most out of my time, but I think I missed that feeling of, of like, you know, I'm, I was so anxious to come out, like you're looking forward to it. I get started.
Starting point is 00:13:15 Yeah. You're ready to get started. It's like a kind of like a horse in the gate. Yeah. Do you, do you feel like while you're in there that like, does it feel like you can't, do you feel like you have apologies to make, do you feel like you, or do you kind of do all that stuff before you go away to prison, like apologies to the people that you love or people you don't know, which one anybody like, yeah, like if there's any like, um,
Starting point is 00:13:37 you know, I had a long time to prepare. It wasn't like that. Yeah. Years to prepare. Although you never get fully prepared. But of course when I was there, I mean, you know, I think there's two, two things can happen in prison. So you can go into prison and like make it a gladiator school where you come out even
Starting point is 00:13:52 a bigger criminal because you, okay, well, this is why I'm an associate or you can use it as all I did is a period to learn and grow and, and, and, uh, get stronger, emotionally strong and physically strong. It's my, all the exercising, but, um, but really I came out of a far stronger person in terms of emotionally and also skill sets. I taught myself an incredibly valuable skill, which was to write and that served for everything that came after it. Yeah.
Starting point is 00:14:20 And so do you feel like, cause I mean, obviously you, would you consider yourself like one of the most like notorious, uh, salesman? Well, not really, no, I would not, no, I wouldn't, uh, I think before 2008, I would say yes. But once, you know, everyone realized what was really going on on Wall Street, I, I started to say, well, you know, okay, I, I'm not gonna, I wouldn't say that there's no, there's no, it doesn't make what I did less bad, but I didn't bankrupt Iceland or Greenland or or or Greece and I did not do what Bernie Madoff did. And I do think there are levels of apps, nothing is black and white.
Starting point is 00:14:58 So while what I did was wrong for sure, and I don't, I don't try to minimize that. It was paled into comparison is what happened in the global financial crisis with things like Lehman Brothers and Goldman Sachs, where they literally bankrupted the world economy almost. Were you envious at all of those people like a little bit? You know, no, that wasn't that I would have been envious 10 years earlier, but at that point I had completely changed my value system and I felt more like, I felt more like, you see, not that I'm not a bad guy, I wasn't a bad guy back then, but I always said this.
Starting point is 00:15:29 It wasn't like a, see, I knew this was going to happen for years and years. I knew what was going on. And I wrote about it in my book in 2006 or something or seven, right? I wrote about much before that and, and, um, but it was like, it just, to me, it was more about like, you know what, get, and there you have it, um, and, and even then it wasn't like most of Wall Street was bad. Wall Street's a weird place. You know, things get magnified.
Starting point is 00:15:51 One little thing that wouldn't have much impact on the outside world is a massive impact on Wall Street. Right. So do you, uh, is Wall Street even a place where people like, can the, can the mom and pop person, somebody sitting at home, like a regular guy, is there still any real opportunity for people like that in, in the stock market? 100% there is very simple. Take your money and put it in a fixed fund that you just, they just invest in the S and
Starting point is 00:16:17 P and don't buy it or sell it. It's an, it's an, an electronically traded fund where there's no buying and selling, no commissions. They just matching the S and P that's where Warren Buffett puts his money. So that's why I put mine. That's where I recommend you put yours. Do you, uh, do you ever like long for the days of like, um, like, I mean, you know, you watch Wolf of Wall Street, right? And so do you ever long for some of those, like, is there
Starting point is 00:16:40 anything you missed the most about like that? I seem like there was such a sense of camaraderie even in some of those sales rooms. Yeah. Yeah. I mean, I'm, I have that now again, um, and it's a thousand times better. The mistake that I made is what you, you know, you, you, you, before you linked up at any really, really diamond, you linked up sales and being evil and they're just complete unrelated elements. In other words, I, I'm one of the greatest salesmen ever in history and I created a sales
Starting point is 00:17:06 system way of training salesperson that allowed that insanity to happen, but that was neither good nor bad. It's, you know, it's like a powerful weapon. You either use it for good or it could be a mother in her house and five, you know, rapists come in to kill her and her kids and she, well, that gun's a really great thing. What you've been used very justly, right? So you could use, or you could use it from a bell tower and knock out innocent civilians on the ground, right, any powerful weapon or any powerful instrument can be an instrument
Starting point is 00:17:32 for good or evil. There's no absolute. So sales is exactly like that. If you're a great salesperson using sales and persuasion ethically, then you're getting people who need things and have certain lacks in their life. You're helping them fill those needs elegantly so they can live a better life. Right. So you were a powerful weapon for sales.
Starting point is 00:17:49 I was. And when I was in my twenties, I didn't use that ethically always. And now I would never do anything, but everything about my life is about ethics and, and, and, which is why now I have that and it feels a million times better. So you get some actual inner reward. That was my mistake. It was an error. I'm not judge.
Starting point is 00:18:06 Just it was something I had it wrong. And those are my definition of success back in my twenties was about how much money can I make? Of course. That's natural. And I didn't have, and then I learned from, I learned the hard way. Many people don't have to learn quite as hard a way as I do, but I learned the hard way. That's not the truth.
Starting point is 00:18:22 Now I have a much healthier outlook on it. So I use the gifts I had in this system I created for the exact opposite, you know, reasons, which are for reasons of good. Do you feel like the, like your ability to be a great salesperson or the ability to, to articulate, to, to lead, to control? I don't want to say like to deceive, but to, to, do you feel like influence to influence? Yeah. Do you feel like that those are like you were born with those things?
Starting point is 00:18:52 Yes. And those are things that you, that you learned. Yes. They're both yes to both. So I was born in the same way that Michael Jordan, well, LeBron James in their universe is what they do better than anyone in the world. I was born with a inner, you know, the skill given from God or nature, whichever one you believe, right?
Starting point is 00:19:12 And then through years of practice and repetition, I hone that to near perfection. So I think, and I think that's true of everyone. We're all born with certain skills and either we can develop them or not. The good news is with selling is that you can learn, you can become good enough at it so it never holds you back in your life. I'm not saying I could turn you into me, but I can certainly take someone who is having problems where they, they communicate, let's not even use sales. Let's just say communication, their ability to make their thoughts, their ideas, their
Starting point is 00:19:45 hopes, their dreams known to other people in a way that lets them say, I get it. I want to be one of them. If you lack that one skill, it's really hard to succeed life because, you know, you're almost like a one person army. So you have all these amazing people out in the world that have these great ideas. They could have these amazingly bright, brilliant, high level lives, but they live a small life and a far less expansive life than they could because they lack this ability and they know it.
Starting point is 00:20:09 And their brain says, you know, I don't really want to go put myself out there because I don't feel comfortable. I probably won't even succeed anyway. So they down regulate their life. They lower their own personal standards and they live a life that's not really as great as it could be. And I think that's the beauty of what I do is I, is the system I created really helps me.
Starting point is 00:20:25 I mean, it really helps me. Did you see somebody in when you were young in your life that had that or something that made you think like, you know, in hindsight, like looking back, like, um, oh, that's not what I want. Or they, they, they're, they're cornered by this affliction of their inability to like own their own potential or to, of course, my parents. They had that. Yes.
Starting point is 00:20:46 My parents, so my parents, I grew up in a lower middle class. Parents were brilliant, hardworking, education, educated, employed and broke. And I was like, what the fuck? I'm like, oh, what, what's missing from this? I don't get it. Was my mother there? I said, how could people be so smart, so hardworking, so industrious, so loyal, so educated and have no money?
Starting point is 00:21:10 And the answer is A, they were risk averse, completely risk averse to pressure, air mentality. And second, they thought that selling was evil. They thought that it was inherently evil and because that, that's your belief, then you will shy away from anything that makes you, you know, we've even put you in that box of being deemed as a salesperson. So because they were both CPAs, they never tried to sell their skills to other people. They worked for other people and they were cogs in a wheel. Fortunately, I made my dad very wealthy.
Starting point is 00:21:41 He worked for me and, um, and then things ended up well for them. But if it wasn't, they would have never lived the lives they were really in terms of, you know, and by the way, yeah, and lived the lives because without money, life's fucking hard to live. Yeah. Especially when you're older. I mean, you know, social security stuff to pay for your diapers when you're really old, you know what I'm saying?
Starting point is 00:21:57 So they were able to, um, you know, put away a lot of money and be okay. Did they change, you think like their mentality and stuff changed as they saw you start to make more money? Do you think it adjusted? Absolutely not. Right. No. Do you think it adjusted their worldview or something at all?
Starting point is 00:22:11 No, no, they were sucked. Because very day they're still alive, my dad's 88 years old, my mom's 86, um, and they still live in the same two bedroom apartment which they rent for 60 fucking years. Right. They have the same telephone number, the same mailbox, the same fucking parking spot, the same mural on the wall. I just saw it in Mad Men reruns. Okay.
Starting point is 00:22:37 It's like, unfucking believable. And they have a lot of money and they reappall as clean as a whistle. It's re-appalled. It's nice. It's like the fucking one of the years. I'm going back. It's the guy from the one of the years. It's like, what?
Starting point is 00:22:47 But you know, that's my parents and I love them. They're beautiful, amazing people, but, but that's their belief system creates that sort of outcome for them. Did they, um, did they like Wolf Wall Street when it came out? They loved it. They did. You know, my dad just died because obviously he became, you know, perpetual. Listen, you ain't lived until you've been in the fucking Scorsese movie, right?
Starting point is 00:23:07 So my dad, uh, you know, was portrayed very vividly. I'm not, not so much cause she wasn't involved in the business and, uh, it was, he was just like that though. He was like a force of nature. My dad, like people were terrified of him, you know, which is great for me. Do you, do you miss that time in your twenties? Like, do you miss like, uh, I mean, obviously we all miss like the youth of it and stuff, but is there like, um, is there anything about like just like the, the bottery it seemed
Starting point is 00:23:30 like you could have back then, even just in the times it was like, now we can't even have them much fun. Yeah. Yeah. So, I mean, yeah, no doubt about it, right? Like it seemed like you guys could probably kill somebody, you know, Almost, you know, you know, hang them out of winter, just don't drop them or drop them you had to pay some damages, you know, um, different world, different rules and in some
Starting point is 00:23:52 ways it's a lot better and some ways it's a lot worse, right? Um, I, my assistant back then, our real name was Mona. We still keep in touch about a year ago. I was doing an event in New York and Mona came just to, you know, you know, for an old time sake and we had this high end dinner, some high end, just like, you know, people answered for things, right? And she sat there during the dinner and she's like, says, you know, guys, I want to just tell you this whole me too stuff.
Starting point is 00:24:13 She goes, you girls don't know what you're missing. We had so much fun. There wouldn't be one girl at work because it was never seen as a difference in sexual harassment and sexual promiscuity. There was, if you was harassed, you'd be fucking, you would know, no one was getting harassed and like, I'd fucking throw that my father probably shoot him. Okay. Yeah.
Starting point is 00:24:32 It was none of that going on. If someone was harassed, they, that guy, the guys would be, it was a lot, it was respect, it was fucking everyone under the desk to the coat closet in Saturday. It was just wild shit in the fucking basement. And I'm just not getting it. No, it's fine. I was real. And they all loved it.
Starting point is 00:24:48 But if, but if you didn't want to partake, you were not pressured or bothered, that was like the healthy version of that. I don't think the casting counts couch was, it wasn't like you'd go to Straton and say, I don't want to spread my legs. So, oh, sorry. Well, you can't, well, you're going to be a low love. No, it didn't fucking matter. Right.
Starting point is 00:25:04 If you did it because you wanted it or you're not, we loved you either way. Yeah. It wasn't part. It was more of the partake. It was just part of your personality. And it was, it was good to have both people, types of people there, but no one judged. It was just a wide, it was a fucking circus, right? That's very different than a woman who's going to Hollywood back in the nineties and has to
Starting point is 00:25:20 fuck some fat motherfucker or else she can't get to that's fucked up. And that had to stop. And I'm glad it has stopped. The problem is, is there's lots of gray in between those two places and, and what happens with any woman, not just this, whether it's communism in the late fifties, like the Reds, it's always, it polarizes to one place until it eventually normalizes. So my hope is, is that it, it settles back to a level that has all the things that it should have been the Me Too movement and not the idiocy and insanity that it's so often
Starting point is 00:25:49 projects out to the world when 99% of people in the movement would not want that. They would like it to be just and fair in the middle, you know, I'm saying that people have their voice, that the people that fuck up should be dealt with, but innocent people shouldn't suffer. And also what you did 38 years ago between two people, I have a tough time with that and less there's proof. But that's just me. Do you still have people that reach out from the past, they feel like you owe them money
Starting point is 00:26:13 or you owe them debts or something like that? No, no, no, no, never. Do you ever feel like, do you ever feel like a sense of like remorse or anything like that still or, or like, do you ever feel like karma has like some weird plan for you or something like that? It is the plan. Yeah. Calm as a bitch.
Starting point is 00:26:32 This is the plan. This is the plan. Right. And it's a good plan. It's a just plan. And I think that, listen, you know, there's a lot people who did worse things than me and I did a lot worse things than other people. I think on some level, I just had the ability to write about them really well.
Starting point is 00:26:51 And it was, it struck a chord in, in, in people in Hollywood and, and I'm not trying to minimize that my life was insane. It was, it was insane, but, but we all know that there are lots of crazy people out there. I think part of it was that the thing about my life that I think really when you get down to it, why it became a cult hit the movie, a, because Scorsese is amazing, because he just is. Yeah. He just is amazing.
Starting point is 00:27:16 And somehow who knows what the fuck he does. Somehow he has a way of doing things that just no one else could do what he does in his domain. Right. Yeah. He's got big butt. He's got Leonardo DiCaprio. Not even that.
Starting point is 00:27:27 I think it's beyond that. Oh, it doesn't hurt. I think it's beyond that. Um, he has a talent. Yeah. That's, that's how many, how long he's going. I agree. It's just a talent he has for telling a story in a certain way or other people could not
Starting point is 00:27:37 do it as well. Yeah. So that was lucky on my part. I chose Leo. That was my choice. And that's pretty obvious. Why not? Because Leo's fucking Leo.
Starting point is 00:27:46 He's great, right? And, you know, as I always say, it's better than Danny DeVito. No disrespect. Yeah. I love Danny too. But, you know, different. Danny would have been a different deal without a stroke in the first two minutes. So, um, but the, but the, the, the truth is, is that, you know, in terms of what happened
Starting point is 00:28:02 is that I made all these disempowered kids into superstars. And that's what connects with people all over the world. The reason young people love the movie, it's not just of the insanity or this or that. It's that people came in that were, had no real chance for success, didn't believe they were successful. And you turn them around. And they just, and it was a place where you would go and transform into this person of power and live out your dreams.
Starting point is 00:28:29 That's fucking amazing. Did you ever help out a guy that ended up being like a gay guy and he tried to give you a BJ to like, like show you how much he cared, like that kind of thing? Cause that seemed like something that could happen. Because if, you know, you know, like it seemed like if you empowered somebody so much, it would feel like. I'll tell you what. I don't want it to be insulted or not.
Starting point is 00:28:47 I have never ever been approached by a gay person to have to, I'm a little bit offended by that. Yeah. Because I was walking through the airport the other day and no one ever tried to have like, I was like, my luck to go looking up for something or like, no sir, I'm not even fucking around. Yeah. I wonder why.
Starting point is 00:29:05 I don't give off, I guess I don't give off that vibe. But I think they, they know. And I don't think, I think. Yeah. Susceptible as a vibe. I think also like a gay man would go for another gay man or they would go for a straight man. They call it gaydar.
Starting point is 00:29:17 They call that being gaydar, right? Yeah. I guess I don't give off the right vibe. Or maybe I'm just not good looking enough. I feel bad about that a little bit. But, you know, I guess it's good because I'm not gay. Yeah. Although I wish, I wish I was.
Starting point is 00:29:26 It was fucking awesome. Yeah. Do you think gay guys have more fun than straight guys? I think they do. Overall? I think so. Yeah. That could be a stereotype that it's built in.
Starting point is 00:29:35 But I think, I think that on someone's logical, I think guys are just fucking hornier. Yeah. So then two guys would probably be hornier than a guy. It just makes sense that it would be. Yeah. You know? Yeah. What was the name?
Starting point is 00:29:46 What was the reason for Stratton and Oakmont? What was the reason for the name? Nothing sexy. I just bought a company. It was called Stratton Securities. And then that company had like an old lawsuit against that could have come back. So I had to change the corporate entity. I found another company called Oakmont.
Starting point is 00:30:05 I merged the two together. I bought it and then became Stratton and Oakmont. That was just how it happened. Has there been like, because it has like, because after that I feel like people started to take like, okay, it has to have this many syllables to be successful. I mean, they broke down every single thing that you did. Of course. And by the way, don't think for a second that when I was, I could have, I could have
Starting point is 00:30:21 changed the name of Stratton to XYZ Securities, and I was like, well, this is convenient. It's a great fucking name because you would want to name that instills confidence and so forth. Right? But that was just the luck of the draw. But I would have changed it for sure. I was keenly aware that when I merged Stratton Securities into Oakmont, that Stratton Oakmont sounded better than Stratton.
Starting point is 00:30:38 Security. But it was just luck that it happened. But you can change, you can pick any name you want. You just form a corporation or change, do a corporate name, do a DBA even, doing business as and you can change it, you can use any name. Do you? Is there a... That's not trademarked.
Starting point is 00:30:53 Right. Or are there a lot of, are there a lot of like, you feel like shady business people that reach out to you to try to get insight or try to get information? No doubt about it. Are you able to detect that these days? My wife's the best at that. Oh, really? She's fucking unbelievable.
Starting point is 00:31:07 She's got like a 12th sense. She's like, cause she's beyond a 6th sense. She's really good at that. Oh yeah. She's a watchdog. She's my partner. Bitches be sense. She's my, she's my partner.
Starting point is 00:31:16 And she has this like radar, she shoots out and she knows, I'm very careful. Like I, you know, I can tell pretty quickly what's, you know, what someone's at. And I'm, listen, and I'm, I'm a bit of a sucker myself because I like to believe in stuff and I'm open to being sold to, I'm an easy person to sell to, but I, if someone's like... That's so funny. Yeah. If someone's not legitimate, I can tell pretty quickly. And would you still like work for some of those types of people, like, or if some, if
Starting point is 00:31:40 a company reached out to you and you felt like it was extremely unethical, you'd say, look, I haven't, I've walked away many times. Even if the money's good. I've walked away from a hundred thousand a day. Wow. Many times. And do you, are there companies out there or businesses out there that, you know, susceptible or gullible people, even like myself, like you just said, like for some reason, like
Starting point is 00:31:59 even though sometimes I feel like I'm smart, I also feel like I'm gullible. Different, they're different things. So one... So it could be both you're saying. Well, so one has to, you know, one has to do with your intelligence and your experience and the other is your decision-making strategy. So there's... Yeah, we have one really.
Starting point is 00:32:14 You know, we, you know how you make, you don't realize it, but we all make decisions based on these parallel movies, you know, when we say, if I take action, what's my best possible outcome? What's my biggest pain? If I'm right, this happens if I'm wrong, you get it. If this guy tries to sell me this shit, if I, if he's telling the truth, what's my best outcome? And if he's full of shit, what's the worst that can happen?
Starting point is 00:32:33 That's how human beings make decisions. And what happens with people like myself, who are easy to sell to and you seem to be the same way. The movie I run on the positive side is really long and robust. I'll be like, oh, this is great. If he's right, this will be there. I'll be on the 18th toll of Augusta fucking victory from the stupid golf contraption I bought, right?
Starting point is 00:32:53 And my negative down. So I'm like, I'll run it, but I'll lose $40. No big deal. I blunt the negative movie and I run out the positive. It's called future pacing. My dad, who's the fucking hardest person in the world. He would run the same two movies, but he'll run the really short positive movie. He'll be like, oh, yeah, maybe the word for fucking, oh, but I give the guy point.
Starting point is 00:33:13 He'll steal my fucking credit card information. I'll fuck it up. My gops will get worse. I'll put the fucking thing. It'll break. I'll sell out. People think I'm an idiot. And they run out to, before he's done this $149 purchase, has him living in a box on the
Starting point is 00:33:25 fucking street and he'll never recover. Wow. That's why we have different, some, and those latter people are called high action threshold people, meaning that the level of certainty that they need to be at about something before they, I'm, I'm really certain that I'm right about this decision. They have to get a very high level of certainty versus someone like me or you. I could be interesting. That sounds good.
Starting point is 00:33:46 I'll buy it. Yeah. That's why. Hmm. Excuse me. I got to interrupt this episode here. Today's episode is brought to you by betterhelp.com. Better help is a therapist therapy.
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Starting point is 00:36:28 when you need it and save an additional 10% off. For every item purchased uncommon apothecary, we'll donate $1 to local homeless shelters. Go to UA-CBD.com today and use code Theo at checkout to receive 15% off. Do you feel like there are other products out there or things you've gotten involved in that are, are there products out there right now or things that are being sold out there right now that would be the number one things that you would tell people to stay away from? Oh, yeah, of course, yeah, Bitcoin and fucking cryptocurrencies, yeah, that's my opinion.
Starting point is 00:37:09 To you as a salesperson, that seems like a fucking racket. Yeah, yes, yeah, because I don't think block, not blockchain technology, right? The inflationary aspects of cryptocurrency are a joke to me. It just makes no sense. There's no purpose. And I said that at 20,000, you know, and I still say it now. And I'll, you know, listen, you know, that's just my opinion and that's not the only thing. There's many things out there.
Starting point is 00:37:34 The world is full. There's people out there who sell sales training programs who are so terrible. Like they're terrible salespeople, their stuff makes no sense, idiotic, and you know what they market their way to success. So they, yeah, they're really good marketers, but they don't know the first fucking thing about sales training or selling. They're very different things, marketing and sales, right? So are we in more of a period now where sales is stronger or marketing is stronger overall,
Starting point is 00:38:02 you feel like? They're always, both are always required. But we live in an area where, and in a time right now where you could sell through curated video. In other words, you can carefully manage what you put out to the world by a person could sit in front of a camera and do 25 takes in front of a camera to get his tonality, his message just right and follow a script, put that person in a real world sale that fall upon in two seconds, right?
Starting point is 00:38:31 So you find some unscrupulous people out there who use videos to sell products and other shit when if it was being sold without that, okay? But the good news is those people, I believe it's not sustainable and that people will eventually adapt and will figure out sooner or later, right? But also the same token, you can also do that. The same thing I just said can be used for good. You can do the same thing. You can be terrible at persuasion and learn how to do that and sell things and make a
Starting point is 00:38:58 lot of money and help people too. What are products like if people ring your phone that you'd be like, oh, these are things. This is not something you should probably or see. Any donation to charity, any single donation to charity. I'm talking like, I never want to say any 99.99, 9%, right? Firecats. Somebody's like, oh, these cats have been in fires and they're like, I'll take the scam. He's going to charity 5%, 95% is going in the pocket of the people who have created
Starting point is 00:39:27 people with telebalkers and the one. Any type of thing that has to do with medication on the phone, okay? It's being made in China. It sucks and they'll never fucking stop calling you once they get your number until you change it. So those things are never certainly do. You know, listen, I'm a big believer that if you get that feeling in your gut that something seems off, you're probably fucking right.
Starting point is 00:39:50 Right. I'm like, yeah, I didn't know what it says. Even if I'm leaving a place and I feel like I forget something sometimes, I'm like, every time I don't check, I'm always right. I get something like, fuck, I forgot something. There's a lot of stuff out there that you got to be careful and it's good to understand what causes you to make certain decisions and once you know, you can almost, it's in power.
Starting point is 00:40:12 You make better decisions. Is it tough to navigate since you have such a long time of doing business and business acumen and sales acumen? Is it tough to emotionally, when you get into relationships and stuff, is it tough to separate how you navigate those two things? That's a really good question. So my second wife, different wives, she used to say to me, of all the reasons I hate you and I hate you for so many fucking reasons, the one reason I hate you more than all, Trump's
Starting point is 00:40:43 small is that when we would argue and you were just so fucking persuasive, I say, okay, I guess. And I was actually, turns out I was right, but you were so fucking good at persuading. I just always gave in. It turns out I was right. She was, that just drove me fucking crazy. And I always say, when I teach the system, I teach this called the straight line, I say, don't straight line your fucking wife.
Starting point is 00:41:03 You know what I'm saying? Because it doesn't always lead to a happy ending. Just because you can just persuade someone, don't always do it. Do you feel like your first wife or you're on your third wife now, is your third married? Sorry, not on your third wife, but... I hope I'm on her as much as possible. I know, huh? Because I love her and she's beautiful, so.
Starting point is 00:41:21 Do you miss your first wife ever? My first wife was an angel. She was an angel. She was an angel. And you probably went into that, was it different you making those decisions? Were you more like... It was the same me, but she was just 22 and you know, I just, I loved her to death. She was gorgeous, far more, I mean, much more, and the girl was actually pretty in the mood,
Starting point is 00:41:44 but she was down, they made her look not as pretty. But she was a beautiful girl, sexy, not tremendously intelligent, like that was her thing. She was a hairdresser, but she was really nice, a good heart, and I fucked her. I just fucked her over. Yeah. I did. I went through a time out, I don't think any woman at that moment in my life would have been enough because I wasn't enough for myself, and I was looking for an answer outside myself.
Starting point is 00:42:13 So I would always, I mean, I did my best dating after I married her, so it's probably not a good thing. What was like some of the hardest things to highlight when you were running around and being like, because I've been a Philanderer, you know, what was like some of the tough things like... Yeah. Let me just add that, but I would never want to be with her versus my current wife. Right.
Starting point is 00:42:31 My current wife represents the best of everything. Right. I don't say I'm dead, no, but it's the truth, though. But the point was, she was an angel of a human being, though, that's why. Was it tough running, like as life started to get more heightened, you started to get more money? I mean, with more money, obviously more opportunities came around, there were more women around. Say the least.
Starting point is 00:42:48 Like did it get crazy, like hiding things, like from, it must have gotten bizarre, huh? Hiding from who? My second wife? Hiding things from your first wife. Your first wife, yeah. Yes, but I didn't do a great job of it always, you know, and I think that, I mean, it was insane. I mean, I went from being a guy at, it's like my junior partner, Danny, it's like, hey,
Starting point is 00:43:09 let's go into the city. I'm like, it's two, Danny, it's Tuesday night, I would never do a married guy. Like, I was like, why are you fucking crazy? He hated his wife always. I love my wife in the beginning, right? Is he still married to her or not? Oh, no. No fucking way.
Starting point is 00:43:21 My first cousins, they two, they must kill each other, yeah. Oh, yeah, they were first cousins. That's great, dude. They, I never met a woman that hated a man as much as Nancy hated Danny, she fucking hated a guy. Anyway, oh my God, she really hated him, but in the beginning I was like, I'm not going to the city. Then one day I went in, within a few months, it was like four nights a week, and I'm pretty
Starting point is 00:43:40 suggestible, you know, and I didn't do a very good job of handling wealth, success and fame the first time around. I did not do a good job of it. I didn't. I, I, I didn't change who I was. It made me more of what was ready to come out, which was I, I could not handle having unlimited money, carnal opportunity. All of a sudden every girl was like, it was like, whoa, it was like every adolescent fantasy
Starting point is 00:44:07 being at my fingertips, right? Now, you know, nowadays I would just, I laugh at the whole, I respect it, and I enjoy it, and I use it to empower myself and other people, but I never like, it's not this, and the movie came out, didn't change me in any way, but for the better. Do you ever hire, like if you ever been so high on cocaine where you couldn't have sex, you know, but you hired other people to have sex, like you paid some people to fuck or not, do you think? Well, let me just, the first dance, like every time I took cocaine.
Starting point is 00:44:34 Oh yeah, yeah. I know one guy, Sam Tripoli, he's been on this podcast, and he's like notorious for being able to fuck on, on cocaine. Without Viagra. Oh yeah. So this is before Viagra. People would pay him to come over when he was on cocaine and fuck somebody they knew, like he was like, the guy.
Starting point is 00:44:47 Well, that's amazed me, because when I took cocaine, I was like, holy Christ. Oh, it was like Punctutani Phil, dude. But, but, but, this is true, I'd be like, four hours suck, I'm like, keep going, I'm almost there, I didn't give a fuck, I was hopeful, always had to, I'm a very half, you know, glass apple sort of guy, so I was completely fine, I just did something, keep going, you know, to a whole career, it's all, oh, it's fine, it's good, yeah, I'm like, I'm gonna be on a phone, yeah, hello, I'm gonna, and it actually did feel good back then when you, when you're on a coke, but some Susan's really sick about that.
Starting point is 00:45:20 Oh, well, it's a little bit, that's also what happened, man. Do you, did the cocaine start to get a little seedy? What were you guys getting? Were you guys getting some good stuff or not? Was the cocaine seedy or was the actions as a result of the cocaine? Oh, dude, the cocaine, I mean, when I was doing cocaine, but we weren't even doing anything that good. No, we were doing, I was probably going to have made it ourselves, you know, doing great
Starting point is 00:45:38 cocaine. It was great. Yeah. I had a connection at that from a guy at the airport was getting almost close to pure, you know, at the end, I had like a gigantic bag, like a kilo of my desk, you know, I could have done a fucking, I was like, I was like, she would like fucking scoff at my face. I was really, I used to have dreams, I would take my head off, right, put it in a dryer, like a washing machine, like a dryer, throw a bunch of cocaine in there and put it on
Starting point is 00:46:01 fucking permanent press. You're a sick fuck. You are a sick fuck. How's it do it? I never had that dream and I really want to analyze you when you come on my podcast, we get to the bottom of that shit, got some fucked up shit. But with me, it was like, you know, it wasn't me. I have an issue with like regulating my obsessions.
Starting point is 00:46:17 Once I get started on anything, anything, business, tennis, drug use, cheating, I have to be the best at it. Got to do it. I just go for it and I fucking perfect it, bring it to a new level. It's addiction, right? It's addiction to some sort. Yeah. Yeah.
Starting point is 00:46:34 And my, and my use of, I say both both was Quailudes, right? Was really the defining thing for me in terms of drugs and, and I just was fucking great. I mean, thank God they're illegal. Thank God you can't find them. Really? Because, oh my God, they were just too good. How good were they? Better than you can, they were so good that imagine, like, it's like bliss fucking condensed
Starting point is 00:46:53 into like a one CC mainline for like, and here's the best part, no hangover afterwards. What? That was the part. So you'd be high as a fucking kite. Yeah. And then you're like, yeah, come here, come on. So you could like actually do it, like have a high between seven and eight a.m., go to the office at 9.30.
Starting point is 00:47:10 Yeah. You get it? You can, it was really fucking weird. Dude, I, some guy got so fucking high one time he was on whatever these shitty pills are now, these fentanyls and all of that. That's fucked up. This dude tied his fucking arms together in a knot, broke both of his arms. How crazy is that?
Starting point is 00:47:24 Who did that? A guy, no, a white guy. A white guy. Yeah. I must have some fucking long, rubbery arms. Oh, I don't know what he's got, but I'm just saying the pills are different now. Now this is the kind of shit people are doing, at least in your pills, people went to work from seven to eight a.m.
Starting point is 00:47:36 Fentanyls, fentanyl, of course I've done fentanyl, you know, I've tried everything, but fentanyl. Yeah. Who do we think? You're Christopher Robin? Of course you don't. Fentanyl is like, fentanyl, the shit kills you because it's very depressive on your respiration.
Starting point is 00:47:51 Makes you stop breathing. So I'd have to speak to this guy to analyze how he was able to get that high in fentanyl and not die and put his arms together. I could see how he couldn't feel his arms being broken into pretzels, but that's the fucking one for the record books, I think. Yeah. I've never been an artist before that, so he's always, I can explain it, you know? Yeah.
Starting point is 00:48:10 He's been always kind of a wild guy. Yeah. I'm trying to think of some other things that I really want to think about and talk about with you. Man, ask me anything. I'm not, you know, you can, I have no, nothing is off limits. Did you guys, I've always had this crazy fantasy that you guys like did this sex trick where like somebody would like, you'd have a woman who would like be like downstairs with her
Starting point is 00:48:29 legs open, right? And somebody would jump off of a balcony or something with an erection and try to land in the woman. You are a sick fuck. I'm just trying to visualize the possibility of success. I'm, I'm doing how fat would the woman have to be out there and would think, oh, how long, I never tried it and you'd have to have a lot of like safety features set up here. Because we did not, no, it's interesting because we did try that stuff, like, you know, all
Starting point is 00:48:53 the things that you saw and then it was always like, we tried to think it out. Okay. Like what things do we have to do to pull the shit off? Yeah. Like we don't be able to get hurt or anything. Right. Like insane happenings. Like, you know, but it wasn't like the Roman, it was like the Roman Colosseum.
Starting point is 00:49:07 We didn't want death, really. We wanted it to be some maiming, but no death, no permanent, no permanent things, you know? So, but that would be a tough one. I mean, we never really tried that one. But I like, I'd like to observe it just to see it like someone else do it. Yeah. Check it out. You got a lot of young, you know, you see a lot of young trend these days.
Starting point is 00:49:24 A lot of young kids would try and become famous. They'll, they'll, they'll key into this idea of like the movie Jack, Jack asked, tried to do crazy stunts, right? So maybe you could share that with some of them and more. So let's try that. I'm sure. Yeah. Try to break their next year.
Starting point is 00:49:38 Everybody's, everybody's at a level now where it's like, can you top this? Can you top this? Yeah. Do you think we've reached like kind of like a crescendo in a way? No. You know, not even close. They've been saying that since the 1800s. You know, I think I got to check the, yeah, it was either 1892, 1907 or the U.S. patent
Starting point is 00:49:56 author said, we're going to close because everything that's been invented has already been invented. I'm not even making that up. They thought all inventions had been now been made. We can close the patent office. It was before electricity. Did you ever get roped into like a bad business that you wish you hadn't gotten into? Yeah.
Starting point is 00:50:13 Like a million of them. More, more bad than good. They'd be like, I've failed far more than I've succeeded, you know, and that's most successful people as you always end up in these bad, you don't think they're bad when you try them. They just end up turning bad of whatever reason. And the idea either was flawed from the beginning or your execution was flawed in some way. And, you know, you try to pivot as quickly as you can, as often as you can, and sometimes
Starting point is 00:50:33 you just can't, and you're just going to shut it down. What's like a shit thing you got involved in? What's like one of the worst things you ever got involved in? Worst thing I ever got involved was a chain of dollar stores. Back in the craze in the nineties, everything for dollar stores, right? Yeah, yeah. And my daughter was just about to be born. I was like half in.
Starting point is 00:50:52 I was like, not really, I was really in the game, you know, and so I was like, oh, I got this great deal for you. So he's these dollar stores are about they're going to bankrupt. You just need a few million bucks, there's 54 stores are public, you could take over the floor to the stock. I was like, I can't for a pretty reputable source. I was like, all right, fuck, I'm going to throw me out, I'll do it and ended up being a fucking black hole.
Starting point is 00:51:11 Michael's with $20 million and a lot of aggravation. Really? Yeah. At what point do you realize that like an investment is just an aggravation and at some point you just need to cut your losses and find a way to get out of something like I've even noticed like I've invested in like, you know, bought into a building with some friends, we couldn't decide what to do with it. And at a certain point I'm spending half of every day just arguing.
Starting point is 00:51:32 And at some point at the stress that it's taken on me is just erroneous, you know. So at some point, some realizing like, I'm going to lose, you know, I'm going to lose my entire investment and probably double what I've invested. But at some point I just have to get out of this and cut my losses. Yeah. I think that typically in those situations, the biggest loss is not even money. Just the time and the aggravation that stops you from doing something else. So, you know, very often people, we all go into businesses, those who are entrepreneurial,
Starting point is 00:52:00 try something that seems like a real winner on paper. But there's something about the dynamics, the way it plays out in the real world where it just doesn't quite work out. It happens more often than not, right? Just something with the market or the marketing, something happens, right? And then you have this fork in the road where you could say, you know, am I going to cut my losses and move on or am I going to keep trying to make it work? And that's really the ultimate question for an entrepreneur, right?
Starting point is 00:52:29 And you know, for me, it's going to have a certain sort of discipline of like, I'll give it, I'll do three or four pivots over six months. I'll set my losses at a certain amount. But also just some of its feeling, you know, I have this time to say no, right? But what I see a lot and really hurts people's answers, they get emotionally attached to their ideas. So when any other rational person would say, dude, just shut the fucking thing down because you're wasting so much time, it's aggravating you so much.
Starting point is 00:52:58 If you just directed this much energy to a different idea, you'd already be rich. So that's what you have to be really more careful than an exact formula. There's no exact formula to pinpoint that moment. But you know, it's, it's again, if you keep trying to pivot, change your approach and it's just not working for like six months, you've got to think of a good look at it. Do you think since you've expressed also that you're like, I have the ability to feel kind of like gullible sometimes, you know, do you think that if you feel like you got kind of tricked or convinced into something that didn't pan out?
Starting point is 00:53:30 Do you feel anger at the person or the entity that led you to that? Or do you just feel like, oh, I should have known better. I should have figured this out differently. At this point in my life, I'm not getting tricked into anything. Right. In other words, if I'm getting, if it turns out that it didn't work, it's not because it was because the other person was gullible too. Yeah.
Starting point is 00:53:53 I'll see through a bad idea really quickly, but I could be wrong as well. A lot. I could be wrong. I thought it looked good, but it's not like someone's going to pull the wool over my eyes like that. I'm a little bit older and wise than I once was. And I'd like to think at least that I'm not saying I'll be right, but I don't think it's like someone's going to just trick me.
Starting point is 00:54:12 That's not going to take a pretty tough, tough gig right now. Yeah. I'm just thinking like if, so if you were like able to like, you know, back in the day, whenever you guys were, you know, when you had your firm brokerage, yeah, when you guys were selling stuff to people, if you were also like a gullible person, did you ever think like, man, these people are more gullible than me or I can, did it give you an ability to relate to those people? No, no.
Starting point is 00:54:35 They were really wealthy people and, you know, it was really about, they were very rich. They were investing all over the place. It was another place they were throwing their money at like, it wasn't like, you guys weren't calling like a lot of moms and moms. None. Zero. Right. No, you wasn't allowed.
Starting point is 00:54:51 Why, why would we? We, you know, we were only talking. Oh, you weren't people with money. Well, people ate their money, right? Yeah. So, so, and I said that like not because I'm saying like, it wasn't because we were so ethical. I was just like, why would you?
Starting point is 00:55:00 Right. It was, it was, the ethics was built into the system. Like don't call anyone that's not totally rich because they are not going to be able to invest enough money. Right. So we didn't, right? And there was a self-regulating system like that, right? It wasn't really that.
Starting point is 00:55:13 It was more about like, you know, you're, I was in awe how people would simply trust to send millions of dollars in over the telephone without ever meeting their broker. Now, remember, this is before the internet. You couldn't even track the stock, right? But it was happening all over Wall Street, right? I just couldn't even track. There was even a website you could then get off the phone and log into watching the newspaper the next day and see.
Starting point is 00:55:38 So they had this shit called cuffing quotes where you'd actually, the guy, hey, where's my stuff? I was at six and a half. It was like six years. People would like all. There was no way to check. It was crazy. And that's crazy.
Starting point is 00:55:49 Yeah. So that part was amazing. So there was much more. There was much more of an art to selling back in the day. Like these people now, they're, I mean, they're doing it. This is easy to do with the computers and everything. You guys had to do it. Well, I wouldn't say it's easier, but what's happened, it takes less finesse.
Starting point is 00:56:04 How about this? Well, well, the point is what's happened is you sell a lot now through email. You sell through video. So what happens is you can, you use other mediums to deliver the same message. And what happens when you're delivering on video, you're playing both sides of the back and forth and you have these little loops you're putting in your video. So the same situation, the same rules apply right now. And it just to me makes it easier today than it once was.
Starting point is 00:56:30 The same rules apply and a great sales person will still always reign supreme. And at the end of the day, when it comes down to it, you really want to get someone to spend more than a thousand or so, you got to speak to them on the phone. So there's a limit to what it is today, what people will send you over the internet. What do you, when you, when you look at guys like these guys, Gary Varner, Chuck and Zeta, what's that guy who reads the book a day? Oh, it's a tidal of this. Yeah.
Starting point is 00:56:54 Are these guys, are these guys monkeys, are these guys legitimate? Gary's legitimate. Legitimate. Gary's legitimate. Tile's legitimate. Yeah. I think he started off. See, I, I'll tell you, I respect Tide.
Starting point is 00:57:05 I respect Tide because he started off probably not, but he fucking skilled himself up. That's all you could ever ask of someone. Like what makes someone a scumbag is when they start off putting themselves out there and then out the real deal. But you got to really give someone credit for that. But they're going to not then skill themselves up and become the real deal. So Tide evolved himself. Whether he reads a book or not, I don't really know, but, but, but, but, but, but, but, but,
Starting point is 00:57:33 but he surrounded himself with people like Alex Mayer, brilliant NASA scientist. So Tide surrounded himself and built a net. You get it? With killers. So my hat's off to him. Gary's a, is a real player. Gary's not, but though you named two legit ones, it's like a million illegitimals. Right.
Starting point is 00:57:50 You know? I mean, more than you can fucking count. I don't even know some of the ones that are out there. Nick, do you know any of those guys that are out there? We had a question where a guy named one. Okay. Semi-related. Let's go to that.
Starting point is 00:58:00 And this actually came from UFC veteran Alan Belcher. Let's say you were in a UFC fight. I don't know. Maybe say you were going to fight Grant Cardone. You, how would you sell that fight? That's really funny. Well, I think, I think Grant has done a really good job because somehow he's managed to create a controversy between me and him when none exists.
Starting point is 00:58:23 Like he posted, put some really strange, listen, so I, up until about a year ago, I was completely disengaged from my brand. I was working at one company, a major company that had retained all my services. Right. So it's kind of disconnected the whole training and everything in it. And then over this time, I guess Grant was building up his business and like, and when I got back into my son was my son is very much into social media and he really manages the aspect.
Starting point is 00:58:49 So Grant posted some video, like set a trash talking me and I was like, I'm like, who's Grant Cardone? I don't even know what the guy is. He's like saying stuff about me. I was like, what the fuck? So my son then post something that allegedly is from me saying, uh, dude, blah, and all of that. When he did that grant, all those people were like, dude, I don't know why you're saying
Starting point is 00:59:04 that because I've been through his system and it's better than yours. Yeah. If you look at his own page where he's saying that on his own page, not my page, right? And I, and I heard, I knew it was out there for like a year. I never did a fanning him. Fuck. So when you're in the top, people always say shit about you, right? Then my son made some comment, like some really funny comment back because my son's
Starting point is 00:59:22 a great troll. He's got to be. He'll just kill you. You know, he's really, he's really sharp like that. And then it was like, it was like, oh, you know, but it was like, I said, the fight thing is Grant really is taking it seriously. He doesn't always fight with a 21 year old. Oh, he thinks he's fighting with you.
Starting point is 00:59:34 Anyway, he's probably a really good guy. He probably said it for his own reasons at the moment, trying to do whatever he was trying to do. You probably wish he could take it back. I'm sure. Right. But he actually is coming on my podcast. Oh, wow.
Starting point is 00:59:46 Like someone reached out to him, like, he'll be on soon. Yeah. So I like, I have nothing against Grant. But if you had to fight him, though, how are you going to sell that fight? Oh, well, I said he did a good. Can you create a controversy? Like we actually hate each other. I play up the fact that there's just tremendous fucking hatred and one of us is not leaving
Starting point is 01:00:01 this ring alive. Yeah. Someone's going to fuck. Call the fucking ambulance. Call the fucking. Call the fucking national fucking God because I promise you are not I am fucking trained for this shit. But my last fucking dying breath, you are not leaving this fucking ring.
Starting point is 01:00:14 Like that sort of thing. Yeah. And he'd be like, yeah, you're already fucking dead. I already have your fucking death together. I've been training with fucking hoist, Gracie. Yeah. Yeah. Yeah.
Starting point is 01:00:24 Do you, is there, you know, they have this fight out there that Tom Cruise and Justin Bieber may fight. Did you see this? Yeah. I think it was a joke, though. So Justin Bieber said that Tom Cruise would kick his ass, right? Which I'm sure is true. But Justin Bieber is pretty cool, by the way.
Starting point is 01:00:37 Right. It's a bad rap. I think he's a cool guy. Right. No, I think he, I think, yeah, I think he seems like a neat. Yeah. I think he kicks his ass and does all his own fucking stunts. Do you?
Starting point is 01:00:47 Plus, you know, you know, Tom Cruise assigned towers, right? Right. So it's Grant. Oh, Grant. They're fucking, they're fucking, like, I might, if I, this, I might just die, I might just disappear or something if it like, if it went the wrong way, that fight. So that, I'd probably get something before I could, while a dog shit on my lawn, let him win.
Starting point is 01:01:03 You know. But what if Tom Cruise and Justin Bieber fought him in? I think Tom Cruise would kill him. You do? Yeah. Oh, wow. I think Justin Bieber thinks so, too. Oh, I think, I think people could, I think Justin could take him.
Starting point is 01:01:13 Really? Yeah. Because Justin has that. I mean, you got to think of, he's, what, 25 years old? I understand. I know. But Justin said he's got that dad strength. Right.
Starting point is 01:01:23 That's what Justin said. And then also, he does all his own stunts. He's fucking pretty built, Tom Cruise. Yeah. I always wondered this. Do you think any of that shit is true? Does any of it carry into real life when these guys train for the fucking shit, where they, like, where they could do all this, right?
Starting point is 01:01:38 Or are they just doing it for two weeks and then who knows? Right. We don't know. I mean, some of them become proficient at it because you cast it, they train, they'll put you with like a top Navy SEAL or a guy with Crab McGraw. So it's not like, you know, when you go in and in that situation, it's not going to be where you're just going to leave without any skills. And if you're the sort of person that just, hey, I like that shit, I'm going to actually
Starting point is 01:01:56 keep doing that. I'm going to keep doing that. I bet, you know, a lot of those guys ended up becoming experts. Well, I just wonder how long that training is, how proficient people are in it. You know. I know in some cases it's fucking long and very proficient. I think, like, for instance, to give you an example, like, I read an article recently about in Saving Private Ryan Steven Spielberg made every actor go through fucking boot camp
Starting point is 01:02:17 like the most hard, disgusting, freezing, cold, hellish boot camp. And every actor, including Vin Diesel himself said, I, they all made a petition that fuck it. We're out. Except for one actor who said, you pussies, you say, you know what it was? Tom Hanks. Really? And they were like, fuck, if Tom Hanks, the fucking number one great, great actor, we
Starting point is 01:02:39 all pussies. And he stayed. And he stayed. Tom Hanks got him all to stay. And they all said it was the best experience of their life. Wow. I was respected. Tom Hanks a lot after that one.
Starting point is 01:02:48 Yeah. Yeah. Do you think, like, having spent time in Hollywood and stuff. Now, do you find that, do you think Hollywood is like the biggest shit salesman of them all? Or what do you think? Just like, I mean, they just use, I mean, it's just, it's so unreal a lot of time. I think when Hollywood gets it right, they really get it right.
Starting point is 01:03:06 And I think when they get it wrong, they really get it wrong. And I think that they're also in a situation where there's such a voracious appetite for content that by default, you're going to be really wrong a lot because you end up with this lowest common denominator content. You just have to keep punching out content and almost becomes like how much shit can we throw against the wall to get a hit? And I think that, and that's almost like when Netflix don't invest in a lot of stuff and then just, you know, one thing, bam, then we'll keep, you know, that's why they have
Starting point is 01:03:32 one season of pilots or one season and they will do a short thing. If people like it, then they'll expand on it, but I don't think anything's fundamental. I don't think, let's see, I don't think Hollywood attracts the smartest people. In other words, I think they track the most, they track the most creative people. They attract dreamers, create all levels, but I don't think it's necessarily the smartest people in the greatest sales people, the great companies, the sustainable, they will bring in people who are great at that and make sure they don't put the wrong guy running the studio. That's so the ones that do great.
Starting point is 01:04:02 But this guy, Kevin Feige, from, you're running the whole Marvel, I never met the guys, a fucking genius. Yeah. You have to be, because you could not have that level of the Cessna be a genius at what you're doing. Do you think that in looking back and meeting different like CEOs and people that are running different groups or the people that are successful, they, there's, at a certain point, there's, you know, it's not just luck, you don't think?
Starting point is 01:04:24 I don't think it's ever luck. I don't think it's ever luck for sustainable situations. Anyone can get lucky for a short period of time. So when it's sustainable, I just did a, you know, Logan Paul, yeah, the kid, right? People would say, oh, what the fuck? He's no dummy. He's smart. He's a smart kid.
Starting point is 01:04:42 And when you really talk to him, okay, you'll see the strategy. So yeah, anyone could go on and do a couple of backflips and crazy shit, but when you really sit down and talk to people who are really killing it, it's very like, you know, you think Kim Kardashian is stupid? She's fucking brilliant. How could you not be and stay on, stay relevant for that long? Right. Anyone could get it once, but sustainable and you got to be smart and hardworking.
Starting point is 01:05:06 We got a question that, so right here, let's check this out. What up the, what up Jordan gang gang? Just a quick question for Jordan. Was there any like fallacies in the movie that you wish wouldn't have made it in there or on the flip side, if you want to go the other direction? Is there anything that you guys might have gotten into in real life that couldn't make it into the movie because of, you know, Hollywood rules? So on the first one, there's a couple of things in there, obviously, right?
Starting point is 01:05:33 Like that, you know, there's a scene where I punched my wife in the stomach and never had, I never lifted a hand to my wife like that in one violence. You ever shaker a little problem? Yeah. No. So yeah, we had one month, my last, I got sober. We were on the stairs and I kicked out while she was trying to stop me from like killing myself.
Starting point is 01:05:49 I was, you know, of overdosing, right? But it wasn't like I turned around and went, walk was that's a very different thing. So in fact, when we took, I'm not saying the first one was good, but it's not the same thing, right? And when the movie came out, we, my ex-wife, we and I, we took our kids together to see the film and we said, listen, this is not true. We never did. This is true.
Starting point is 01:06:06 We did this as well. So we just told our kids what was there. You know, it was true. It was not true. That was one thing that viscerally bothered me because I would never do that. I think that the biggest thing that happened there, that was untrue, that was problematic for me in terms of the message it sent, two things. One was that there's a scene when I walk into that little firm and it's like a dilapidated
Starting point is 01:06:29 hole in the wall and is obviously something wrong there and Leo, as me, looks at the magical. Is this, is this legal? And the guy goes, well, you know, you think that's not what they said to me. They said, of course it's legal. I mean, if someone had said to me, well, I'd run out the door. And I think the reason that bothers me is because I think it's important that people understand that today for kids that are just going out into the workforce, just because
Starting point is 01:06:55 a company is operating somewhere, doesn't mean it's legal. In other words, there's all these companies out there, small amount, but many out there that are totally doing the wrong thing, rip people off and they'll say to you, oh yeah, it's totally the dirty people. You got to, you got to use your own fucking gut and say that something doesn't add up and then, you know, check it out further. But it wasn't like someone just said to me like, you know, oh yeah, it's perfect. They were like, they said it was like perp, not like, you know, well, you know, I'd run
Starting point is 01:07:21 out. So that was one thing. And the other thing was, you know, the way it was like that, I walked in like I was a lily white sort of, you know, great guy and then the next scene, I'm snorting coconut strip club. That didn't happen. It took two years. I understand why Scorsese did it.
Starting point is 01:07:34 You know, this time collapsed, but I think it would have been even better to so much slow descent. So those are some of the things, you know. Do you miss like strippers and stuff like that or that type of environment or do you feel like you probably got all of it? You could, huh? Well, thank God. Oh, yeah.
Starting point is 01:07:50 I mean, I got my fill and my life is so much better now. Yeah. Who was the greatest stripper you ever met, you think? Well, you know, it was one of the greatest. There's one stripper I tried to marry after, like as I was overdosing and I went down to Florida. Oh, yeah. And I was right before they put me in the lead.
Starting point is 01:08:07 Tampa or not? It was my, it was Delray Beach area. Oh, yeah. All right. I think it was solid gold. A lot of lizards around there. And I didn't even know this, but I actually put her on the phone with my mother. So I want to meet my new wife, Blaze, and she's like, hi, hi, Mrs. Belfoy.
Starting point is 01:08:25 And I didn't remember until I wrote the book. I said my mother the chap is, she's a really great reader, my writer. So she was analyzing my pages and she's like, honey, you forgot about Blaze who you put on. Like, really? I don't know. You didn't even remember, huh? Blaze was hot.
Starting point is 01:08:39 Not then. Once I remember, then I start to remember. Yeah. And what is it? Like, what kind of, what, what kind of woman really get to you think? What kind of woman is really your type of woman? My current wife is my, is the best. Great answer.
Starting point is 01:08:49 She's it. She's not, she's great. She's gorgeous. Where'd you meet her? Soccer mom. Oh, really? Run the field. Yeah.
Starting point is 01:08:57 Were you betting on the games? I was. It was my kid's game. Have you ever bet on your child's game? No, but I was like, almost thrown off the field a bunch of times for like, fucking goalie's a hologram. Get him off the fucking field. I was like, my son was a good soccer player and some of the parents are the worst, we're
Starting point is 01:09:09 the worst sports ever. It's just, it's as bad as it is. They make that in the movies, it looks like it's just bad on the field. Did you start to look forward more to being a parent on the side of that? It's also, it was like. It was my favorite thing in the world to watch my kids play soccer. I would get so emotionally invested and like, fucking, what's wrong with this? Can he suck?
Starting point is 01:09:27 He was like, I was, I was terrible and half of the other parents were just as bad. Wow. But me or my New York accent, it's like, oh yeah, and my ex-wife was just as bad. You know, get my titty twist. I give it to you. It got really vicious and soccer's like that. Soccer is the most vicious sport for parents because it's fast moving. There's no fucking, it's, it's, I've seen parents, I, I, I shit you not.
Starting point is 01:09:51 I watched a father, okay, tackle a girl that was running a five-year-old girl about to score running out and tackling the girl and getting the particularly in handcuffs. He ran because his daughter was the goalie and this one superstar was like five or six was about to score for like eight times. He ran on and tackled her. Hell yeah. I love that. We need that kind of stuff.
Starting point is 01:10:14 And here's a young fellow. Real quickly, how old are your kids now and what are they doing? Daughter is 25. Oh, wow. Just graduated grad school and NYU grad school. She's a psychologist. She's getting a master's and, but she's taught the practice psychology now in the city in New York.
Starting point is 01:10:30 And she's awesome. She's brilliant. She graduated like top of her class, 3.9 average. My middle son Carter, okay, he's a rapper, just he's an unbelievably brilliant rapper. Okay. He's amazing. He's a poet and he's going to be more famous than I ever was. And my youngest son, Bowen, works with me.
Starting point is 01:10:48 Bowen is his name? Bowen Bowen. Bowen. Bowen runs like my runs a lot of my business and he's a amazing business. He's 22. He just kills it. I don't have to be 26 now actually. She's 26.
Starting point is 01:10:59 And did um. Fuck my daughter. I'm like, I'm so old. She's 26. We're getting older fast. She's 26. She's about to turn 26. Yeah.
Starting point is 01:11:08 Uh, are your children married or no? My daughter will probably be the first. Yeah. I shouldn't say it, but like, I can't say it. It's okay. Is he a nice guy? Oh, he's wonderful. I love him.
Starting point is 01:11:22 Yes. Have you, she had boyfriends that you weren't into? One. One. He was just a bit. My daughter's beautiful, very pretty and the sweetest child and she's just always was the best. Everyone loves my daughter.
Starting point is 01:11:34 She's a great grandchild. She's a great friend. She's really just a wonderful person. And she had one guy that just was a little bit too self-important for my, but she's always chosen some, you know, not good guys. Do you think that ever anybody ever dated your children to try to get close to you to meet you or to. You know, I think my, um, my, my kids, I have my boys probably use it to their advantage
Starting point is 01:11:55 when they can. Yeah. My daughter was never in short supply of guys that wanted to date her. So I would think it would just be a long line. Like I'm a wolf cub of Wall Street. Yeah. Yeah. She had some issues for a very short time.
Starting point is 01:12:07 She was single. And I think she had a couple of times where she made the mistake of actually, cause the guy was a good looking guy. And she maybe she went out on a date with someone that turned out to just was like, oh, she was a conquest cause she was my daughter or something like that, you know, but she learned pretty quickly. Oh, let's take this question from this young man or woman. What's up Theo?
Starting point is 01:12:26 Brother. What's up Mr. Belfort? I got a question for you. If both of you were in your prime coke consumption days, how long would an ounce of coke last if it were set in front of you right now? I was good for seven grams a day. So how were you good for? I don't know how much an ounce is due, but I'm talking snorting it.
Starting point is 01:12:42 Not smoking it. Oh yeah. Yeah. I would never smoke it. That's terrible. Yeah. I would say 28 grams an ounce. There's 20 grams in an ounce.
Starting point is 01:12:50 Yes. So how much is an ounce like if it's in this? It's like a, it's like all those plastic baggies like this much in a plastic baggie. Okay. So plastic baggie like that? No, like this. Like you don't look like a sandwich bag. And it's full?
Starting point is 01:13:01 No, it's like this, like this. About a half inch full or something? Yeah. Like it weighs an ounce. Right. It weighs an ounce. It's like the Florida ounce. Oh yeah.
Starting point is 01:13:09 28.3 grams. How long would an ounce last me? Jesus Christ, dude. I would probably, if I was really enjoying myself or it was like a kind of a festive time of year, I would say maybe, I don't know, probably two days maybe. So 14 grams a day, really. I mean, this was like on a weekend. I wasn't doing like a-
Starting point is 01:13:31 By yourself? Yeah. What? That's a lot of coke. I mean, I would, yeah. I mean, I would probably be close to dying. I would be laying in bed with ice on my heart. Do you have any holes in your nose at all?
Starting point is 01:13:39 No, dude. I just have a, I have a lot of space in my nose for coke. Me? Yeah. I have a little bit of extra space myself. Yeah. Dude, what did you mean? Shit, don't grow back either.
Starting point is 01:13:48 Bro, the craziest part about doing coke was just like, did it make you into a sexual deviant? It made me, I would just kind of touch myself and look at the internet and then I couldn't get an erection. And sometimes I would like- You know when you get an erection except you're one man. What was his name? Sam Tripoli. Sam Tripoli's a fucking legend.
Starting point is 01:14:06 Oh, bro. He used to get paid to travel around town on coke and fuck people. I can imagine. It's an amazing thing, by the way. By 4 a.m. he would do his best. This guy is, he should be studied by fucking scientists and he just cut open his penis and his fucking blood system down there and fear, what the fuck is wrong with it, you know? Did you, did you ever tie anything to the sides of your wiener to whenever you were
Starting point is 01:14:23 hard to try and continue to have sex or to prop your penis up? Who would try to do that? Why only when I'm high? Well, I mean, I just think because when you're high, if you're- Yeah, but why not when you're straight, too? Yeah, because then you're going to be able to keep your wiener up. Yeah, but still, fuck it. I've done everything.
Starting point is 01:14:37 I'm a fucking sick fuck. Yeah. And anyone who denies being a sick fuck, I think you're full of shit. Human beings are depraved animals, especially human males, okay? I'm just bold enough to admit I'm a depraved animal. Okay? Yeah. No, I'm depraved.
Starting point is 01:14:51 On Adolf Coke, just off cocaine, I would never ever cheat on my wife, I never would. And I would let him on coke. Who knows? I won't do it because it makes me- Oh, I'll cheat on this plan. On the plan, it makes me to deprave fucking lunatic, you know? Yeah. Oh, cocaine, I'll get a fucking-
Starting point is 01:15:04 And the dirtier the better. The more disgusting the better. Oh, yeah. It's okay. Oh, dude, I, uh... Yeah. Yeah, you know, some things are best left unsaid because I mean, you know, I mean, listen, you know, I have the-
Starting point is 01:15:15 People get the picture. I have the benefit of having a movie that's basically desensitized the world. That's a good point. That's what I'm possibly capable of, right? But even still, there were some things and one of the questions they did leave out of the movie was the bachelor party. The level of depravity was just so extreme that, you know, I think people are still missing for like 20 years now.
Starting point is 01:15:33 And they had a lot more bush and stuff back then too, didn't they? They did. A lot of women. They did. And I prefer a little bit myself. Yeah. I don't think, I don't like the whole, you know, shaved completely thing. I feel like I'm like robbing the cradle or something.
Starting point is 01:15:45 Yeah, you feel like a pedophile. Yeah. So it's a little shady. A little bit. Yeah. Now, what about this? Do you, um... Do you see guys out there today?
Starting point is 01:15:53 Do you get jealous of like the kind of the younger generation? Like when it comes to like dating and their opportunities for like dating on apps and stuff like that? You know, it's a good question. I think it's a mixed, on some level, I can imagine like fuck all this shit online. But you know, it kind of sucks that you can't go to a bar anymore. My friend, everyone's scared to get like in trouble or me tooed or that's fucked up, you know?
Starting point is 01:16:15 I mean, like I've had my son's friends, like he got me tooed. He almost lost, he almost got thrown out of Stanford for that for a girl and he was totally it was bullshit and thankfully he got it, you know, it got righted, but it's dangerous out there for kids. They can't, you can't like, used to be the best place to meet a girl was in the workplace. Yeah. And that was it. People would fall in love.
Starting point is 01:16:35 And my wife always says that she loved it because when she was, my wife's not young, she's, you know, she's 52, right? She's the most beautiful two-year-old you've ever met, right? It sounds hot to me, dude. She's hot. And she... I wouldn't meet her if you passed, you know? Yeah.
Starting point is 01:16:48 Yeah. You in half of the town, right? Would you let me take her on a date if you passed away? I would let... I'm a nice guy. All I would want her was to be happy. Yeah. That's all I'd want for her is if I passed away, okay?
Starting point is 01:16:57 But I don't think she would because she's a, she's not, she's very, she's like an indoor cat. Yeah. You know what I mean? She's not, she's the sort of person that she likes to be alone more than be with other people. She knows, for example, you would have to marry because you just can't be alone. I don't know if that's true, but it's partially true.
Starting point is 01:17:13 Yeah. I won't do it. I won't even try to talk to her. Dude, you can do whatever you want, man. Yeah. Well, I'm not going to do anything. I don't know why I even said this. No, but don't do it if I pass, are you married?
Starting point is 01:17:22 Uh-uh. You're not, have you ever been married? Uh-uh. You have any kids? Uh-uh. Really? How old are you? I'm 39.
Starting point is 01:17:30 Fuck. So I'm an adult, but I don't think... Dude, you're shooting blanks? Or no? Or... I don't think so. I just haven't really tried to get the kid yet. You know, I think about it.
Starting point is 01:17:38 I just, you know, just have a lot of work to do still. I feel like, I still feel a little bit unsettled maybe. A little bit? You know? Yeah. You think you can get your shit together? Yeah. I think it's coming along.
Starting point is 01:17:47 I can feel a kid in the back of my nuts, you know what I'm saying? Aking to come out and show himself. I get it. Yeah. Let's get some more questions that came in, Nick. Yeah, we had some Patreon questions too. The what? Some Patreon questions.
Starting point is 01:18:01 So these are just written ones from the fans. Young P says, what did friends and family that you know more personally have to say about the movie? Did they think Leo did it justice or was he off? Oh, people, people genuinely, generally love the movie and the portrayal. Yeah, I would find, you know, some people, oh, you were even better on this because they probably want to ingratiate themselves. Yeah.
Starting point is 01:18:24 Leo did an amazing job. He should have won an Academy Award for it. Yeah. I can't believe that he didn't. Do people then think you were in other movies too? Like they're like, I saw that movie. What's the one where he's the airline pilot? Oh, yeah.
Starting point is 01:18:36 Yeah. Casper, if you can. Yeah. Does he think like, are they sometimes like, oh, wow, I saw you in that movie where you get busted for the airline? Last week, I was in Australia, right? And my son was graduating from college, went to college in Australia, right? We all flew down there and I get into a cab and there's a woman, the woman in the cab,
Starting point is 01:19:01 she's a lady, it's an Uber. She's got to be, you know, late fifties and she's wearing like a sleeveless Moomoo type and she's got the extra speed bag on the back of her arms, that sort of like doesn't look to really have a shit together that in that deeper level, like she's probably on the on like, you know, I would say on the freaking Stanford, Bnei IQ test, you probably was scoring just over 65. I'm guessing. Okay.
Starting point is 01:19:25 The looks can be deceiving. She could have been a rocket slice until about three minutes into the ship, she turns, she looks and she goes, are you famous or something? And my son's like, yeah, he's very famous and she's like, I knew it. I was like, what are you famous for? My son goes, he's like, oh, she was in a movie, The Wolf Walk, what? And she finds, you know, Leo de Caprio, 20 minutes later, she goes, the wolf of who? The Leo?
Starting point is 01:19:52 I mean, Titanic? Do you know him? Yeah. So she couldn't quite grasp the concept. Just a muppet, huh? It was really unbelievable. We all was the three of us, we walked up and said, did that just happen? And we were like, we couldn't quite, can I have your phone number?
Starting point is 01:20:09 Really? Oh, she might have done a joke. She might have done a joke. A dialogue joke, you know? And she was sweet about it. But it was like, it was really odd. It was like, she couldn't quite put together the whole thing that I wrote a book that became a movie and the most famous movie star chose to play this thing.
Starting point is 01:20:25 I'm not a movie star, she couldn't catch that. You know, I think that I appreciate my fans more than anybody. So I can't understand how you could possibly be famous, be outdoors, and so on, ask for a picture and say, no, I can't understand how you could. I would take a picture with anyone because without your fans, you're nothing. I don't get that. Right. And no matter how awful, no matter how shitty I feel, even when I rush on, you know, walk
Starting point is 01:20:56 with me. Okay. I never refuse anyone a picture because I think it's fucked up. Yeah. It's not about the people to love you or to respect you, you're nothing. Right. Yeah. No, I agree.
Starting point is 01:21:09 I'm just wondering. No one knows. Everyone knows it's me and the wolf. It's a very clear like association that that's what it's about. Right. Do you feel like you're famous for being a crook ever? Do you ever feel that? I think that in my, in my earlier days, like if someone had asked me that question, well,
Starting point is 01:21:29 you probably have no agenda for asking that to me. You really want to know how I feel inside. Right. It would be easy for me in the early days of this journey to feel, to have so say, feel bad for five weeks about that. I'm like, fuck, people think I'm a crook. Yeah. I don't mean to.
Starting point is 01:21:44 I know you don't. I know you don't. I know you don't. 100%. I mean, just not that sort of person. Right. It's a good question. Um, the answer is, um, probably some people do and I feel bad for those people because
Starting point is 01:21:54 it's so much more than that. It's like so much more complex and that's really just really not even giving Scorsese Lee or a life itself a good enough look about what really happened. Right. So it's really about how those people view, you know, listen, everything in life is just, it is what it is. And the meaning that we apply to something gives us all beliefs about that situation. If you're that fucking myopic, that that's your thing.
Starting point is 01:22:22 Good luck going through life. That's it. That's your, probably your view on everything that is so black and white, so. Do you feel like you robbed from the, do you, do you ever feel like if you robbed, that you robbed from the rich and gave to the poor, did you ever feel like a, do you ever feel like that? I never, I never was, I never was deluded to think that it was right. Right.
Starting point is 01:22:40 Okay. I clearly had 1000% justified that they're rich. So it's okay. Right. It's not okay. Right. It's just not okay. But that was the rationalization.
Starting point is 01:22:50 I've justified that sometimes in my head. Yeah, you do. But it's not, it's not right, but, but you, it's certainly, but by the way, again, there's no absolute right or wrong. On the scale of wrongness, taking a poor person's last dollars is like the worst fucking crime you could commit. A guy who's worth 50 million and he loses 200 grand, that guy's gonna recover and probably should learn his lesson.
Starting point is 01:23:09 I, I, not to make it right, but they're very different things. But very different things. And that's, and I, and I hung on that rule. I hung on that rationalization for all it was worth to keep living my life while I was doing it. Yeah. Well, I'm sure at some point you probably couldn't stop, huh? Well, yes, but not for the reasons you might think that was at a certain point.
Starting point is 01:23:28 You almost, you, not that you lose sense of right and wrong, but you align a morality moves so profoundly like things that you would once think were terrible, no longer, everything becomes gray. And then you're like, feel like it was many times I felt like I almost, I was on this ship that had sailed and I was like a passenger in a journey of my own life and no longer in power, my own decisions. That's cop out. But I felt like that.
Starting point is 01:23:51 I really did feel like that sometimes. Do you ever throw like a bunch of money off a mountain or anything like that? More than that. I've probably launched 10,000 on one July 4th, we took a stack of hundreds of 10,000 and launched it into the ocean on Bottle Rockets to celebrate July 4th. 110,000? No, 10,000 hundreds. I just for no fucking reason launched money into the ocean.
Starting point is 01:24:09 Yeah. Yeah. Damn. I'd have that money back now. Yeah. But you mean. Oh, I'd love that. Right.
Starting point is 01:24:17 I mean, yeah. Look, I'm going to keep the faucet running around here. I don't think we're that far from the beach. What type of savings do you have now? Did you save money away? Everything I had to get back and start it again. Now I'm thankful I'm doing well. Were you worried at some point or did you always feel even like at that point, like
Starting point is 01:24:33 at a certain point, do you realize I have this gift? I will always be able to survive. I always knew that. But it doesn't mean I didn't worry. I just don't worry. I always worry. I worried back then. I worry now.
Starting point is 01:24:43 Part of my strategy for success is worrying. I worry myself with action. I'm a warrior by nature, so I wish I wasn't, but that's how I motivate myself. And make sure I always get myself to do the things I have to do each day, even I don't feel like doing them. It's always easy to do what you want to do. I do what I don't want to do, and that's part of being successful and being an adult. And I worry not because I don't have money.
Starting point is 01:25:04 I don't think it's about that anymore. It's much as about I'm building a business and a legacy, and I employ a lot of great young kids who are really psyched about what we're doing. The one thing that this my business rep about 35, 40 employees and growing fast, right? I'll probably have 100 by year's end, right? And the one common denominator is every single person in that company knows that every person we touch is getting the deal of a lifetime. Everything is good.
Starting point is 01:25:31 It's never about let's get it. So it's all about giving value. People love us. If you go to my wall, like the people who invest in my programs, they're like, it's the results of ridiculous, like I undercharge for stuff. I probably made a mistake with that in retrospect. It was too cheap because there is a natural sweet spot, which is fair for all sides. But the journey that we're on is about giving massive value and making money as a result
Starting point is 01:25:57 of that, not the other way around. Do you ever think there'll be another movie made about you that kind of shows the back end of your life? You know, there was two movies made about me. So was Boiler Room was based on my firm, which is a loosely bay and the Wolf of Wall Street. You know, I couldn't imagine because I think my life is boring right now, relatively. And people would say, dude, your life is so courageous. Things seem to happen to me, like whatever I like, I wrote a book, it becomes a fuck.
Starting point is 01:26:26 Like what the fuck? And when I let's just say that when it came out that Leo was everyone's like, it figures like it was always like it's figures of that. Not surprised. It's happening. You know, and I don't plan that shit. I really don't. Who could?
Starting point is 01:26:40 I don't, I really doubt it, but you know, you never know. I mean, I'm on a great journey right now. And I think I have a lot, I think I have a lot to offer the world. I really do. And I think that I think I got to figure it out. I think my values right now are really perfectly aligned to make a lot of money as a result of giving massive value. And I think that that's a that's a that's a cool thing.
Starting point is 01:27:02 Yeah. And I think that's congruent with who I am. And I think that there's people that worked me right now, my son being one of my many great staff members that are like partners in the company, I believe in spreading the wealth. I haven't felt like they're going to push this far more than I ever would. And I'll be more of a figurehead on their journey and doing what they need me to do. Like, I need to do a podcast.
Starting point is 01:27:24 My son got me to do that podcast, you know what I'm saying? And I love doing it. But yeah, but I think that this is about the company's far beyond me right now. And my greatest hope is that people on their rise up and replace me and I'm just, you know, he's I'm the guy they push out in a wheelchair, yeah, that'll be amazing. Are you sober these days or no sober? I drink like I never was a drinker, right? So I would gladly have a glass of Scotch or I'd probably take three sips.
Starting point is 01:27:49 If you got lucky, I'd finish one shot. I would never do more than that's not who I am, right? I don't do drugs because like, and I don't do them, I'm not against them. I lost the privilege. Yeah. Like drugs like a privilege, you know, people can do it and responsibly and have fun because they are fun, but once you lose, once you cross over and you lose that ability, I cannot do them normally.
Starting point is 01:28:09 That's the dark arts, brother. Yeah, right? Yeah. It gets deep. Really deep. Yeah, boy. I'm not a nice person. Actually, I could be nice.
Starting point is 01:28:17 I'm just not a good person. Dude, one of my buddies would put on a diaper and go on the dance floor because he would shit himself out there. I understand. And it doesn't seem like that irrational to me. I think it's a prophylactic measure that makes good comments. It's respectful. Like kudos to them.
Starting point is 01:28:31 I think it's better than shitting on the floor and fucking everyone else's night out because I don't put a fucking diaper on. Let's party. It's a good dude. What else have we got, Nick? Any more questions on here that we want to go through? I think that's pretty good. Or do you want more?
Starting point is 01:28:42 Uh-uh. Anything you want to ask? No. This was fun. This was fun. You were good, boy. We had a good fun time. I would love to hear you on his because he could pull some stories out of you.
Starting point is 01:28:52 Oh, yeah. I want to come on my pockets. Yeah, I'd love to have you on my pocket. Yeah, I would love to come on there. Come down next week or something and we'll just be crazy. It'll be great. It'll be cool. Yeah, I'll think of some good stories that I haven't shared before.
Starting point is 01:29:03 I live on the beach. You do? What town do you live in? I'm in, like, Manhattan, Hermosa Beach. I'm right on the ocean. You see my whole company. You see my company. It's pretty cool.
Starting point is 01:29:11 I've got about 50, 45 people working for me right now. It's actually 40, 45. And they're all in this one house. So I live on the ocean. I took the house right behind me and they're all there and they're just the most awesome people. All millennials. People still think millennials work hard.
Starting point is 01:29:22 I don't know. My millennials are fucking animals. Really? Oh, yeah. They're like just every awesome, you know? Great stuff. Girls, I have young girls that work with me. They're so fucking sharp.
Starting point is 01:29:31 Jesus. They're like fucking killers, these girls. They're dangerous, huh? Dangerous. I have one girl. I have a duo. Rachel and me. You know, Rachel's like fucking a brainiac.
Starting point is 01:29:41 She's really fucking smiling. Love it. Me is like, I'll fire the person. I'll fire them. Damn. I'm like, me or you? Because she's headed like a whole department. Like, you want me to?
Starting point is 01:29:49 Oh, no, I'm fine with that. You know, she's like. They want to fire, huh? Yeah, yeah, yeah, yeah. Now, do you notice, okay, having these young millennia, these millennial girls and stuff working for you, do you notice a difference between them and women that were in your workplace previously or? You know, I grew up, my mother was a professional in the fifties, like in the Mad Men era.
Starting point is 01:30:09 She was going down into the city and was like Peggy on steroids, my mother. But she just didn't believe in making money because she didn't know how to sell. She was a CPA and she has an IQ off the strategy. She became a lawyer when she was 79. My mother was the oldest woman to pass the bar in New York State. So I never, I would never, ever look at a woman as being anything less than the equal of a man. Right.
Starting point is 01:30:30 You know, because that's why I grew up. My mother was like that. Right. Right. Same. But I had a woman broker who was at Stratton. But I think that, I think that just like, you know, the women, the young girls I have and the guys that are amazing too, right?
Starting point is 01:30:42 Right. They're amazing. Um, to me, I find that when you have a sharp girl, I think the female mind in some level is more organized on average. I agree. Just because of the way the why, like hunter-gatherers versus killers, right? So guys are great at some things and it's, of course, it's just a big mesh, mesh. There's always exceptions.
Starting point is 01:31:06 Yeah. There's always exceptions. But I agree. I think women are overall more organized. Girl. These girls I have there, they're just like, fucking that. They do shit I could never do. Like they, they, they both came in at low levels and I rose them up like, you're in charge
Starting point is 01:31:18 of this shit. You know, because they're just great. What's on is the spiritual leader of the moises and a brilliant young guy. I got a great crew. I'm lucky. Yeah. It sounds like it may sound really excited about that. I love them.
Starting point is 01:31:29 They're great. They work really hard. Um, do you like, to me, one of the scariest businesses these days seems to be the news, right? And do you feel that like it's changed a lot? Yes. It's a joke. It's not the news.
Starting point is 01:31:41 It's fucking, it's, I, every night, like they used to have a well care. It's used to seem like they cared about our well being like it was some general care for our well being. It's so fucking toxically terrible right now. You can go, I go on for hours about this, but I mean, number one, the days of like Walter Cronkite and I long for those days. People on CNN. What a fucking joke.
Starting point is 01:32:03 I mean, like the same shit that like that, if you're going to, my prom is not what they say. Yeah. Just say that you're not a new, you're an opinion journalist and then a dude like Rachel Maddo. You're Rachel Maddo. You're a liberal. Let's hear what you say, your entire dear opinion and you can say, you can say whatever
Starting point is 01:32:19 you want because everyone knows that you're an opinion journalist. That's who she is. And that's healthy. Okay. Sean Hannity, the same thing. Yeah. He's making no illusions of who he is. Right.
Starting point is 01:32:29 Right. But when you, or Tucker calls him, if you're going to go out there and pretend you're like Don Lemon, whoever's name is on CNN saying you're, that's not a journalist. Shame on him for that. That's not right. That is just not fucking right. And it fools people because, you know, I'm not saying he's even right or wrong. Right.
Starting point is 01:32:44 I'm not going to do with that, but you're not a journalist. You're not speaking. Right. You're not a journalist. You're a muppet at that point. You don't have any. He's an agenda. Yeah.
Starting point is 01:32:53 Right. So, and I think it's terrible. It's scary. It's very scary. And I think it's really sad. Listen, I voted for Trump. Okay. Mostly because, and I strongly believe in this economic policy and it turned out to be right
Starting point is 01:33:04 because the economy is booming. Right. I don't love everything he says. I'm a really liberal guy. I think shockingly, I think he's really liberal too. He just doesn't know how to explain it. Oh yeah. That's a strange job of explaining himself and I think the media is not.
Starting point is 01:33:16 And they're killing them. What is this? They're fucking killing them. If the guy discovered cancer, they'd say he discovered cancer. Right. And let me just say, because he's going to control all of us now that he's discovered. So it's fucked. Okay.
Starting point is 01:33:26 You're never going to die. Now you own your souls owned by Donald Trump. And listen, he's not all bad. He's not all good. He's Donald's, you know, better or worse than any other politician or he's probably better because he, at least he fucking says that she says shit. I was like, fuck. Like he actually.
Starting point is 01:33:40 One of the reasons why he got elected is because he at least you knew who he was. Like a lot of people are like, Oh, I know this guy is kind of a guy who doesn't pay his contractors. Right. I know he's that guy. But other people are like, I don't know who that person is. There's some script that's been going on for hundreds of years. You got it.
Starting point is 01:33:55 You know what he said? The best thing he's ever said was like, like when the Democrats were bashing him publicly while he's trying to negotiate with China, he goes, could you just lie so I can negotiate more effectively with China, pretend you like me? Like you realize how stupid you're hurting the country by saying all this shit out loud today, knowing China, just pretend we're on the same slide for it. It's like fucked up. And here's the thing, it's really not going to matter for your eye because they'll kick
Starting point is 01:34:16 this can down the road for another 30, 40 years. But sometime I don't know what the fuck is going to happen with a deficit because things are just you can't run a deficit like this forever forever. You can't. I don't know what's going to happen. I wish and I think I'm a pretty smart guy when it comes to economics and financials. I can't. The only isn't the obvious answer to grow our way at to become so successful economically
Starting point is 01:34:41 that by lowering taxes, you become so successful that the tax base gets so massive that you could pay down the debt. I just don't see how that happens mathematically unless the currency we have got the value to the dollar becomes cheaper or some currency reset, which is to be a global disaster because the U.S. is the global reserve country. So you used to be a country could devalue their currency to sort of obviously can't do that as the U.S. because you're the global, you're the right, you're the benchmark. And if there was a reset, there would be ramifications all over the place.
Starting point is 01:35:10 I don't know the answer and I don't know if anyone really does know the answer, but it's a scary thing. Yeah. It's almost like traveling in outer space, really. It is. And the fact that, you know, that he stands up to China, I love China, you know, China's a peaceful country. Yeah.
Starting point is 01:35:25 I've been then I love the people. Yeah. Was there a couple months ago? Yeah. The best people ever, right? The best people ever. But the economic warriors and you got to respect them. Oh, they keep cruising.
Starting point is 01:35:33 They're fucking. They don't give up. You die in China. They make a soup out of you. They sell it to a couple of people. You got it. It's all good. They love you.
Starting point is 01:35:41 They're happier there. But that's it. That's it. They're all about China. It's very tough to to compete with with that because, you know, they want they need to move as like 10,000 people need to build an electric dam or plow the fucking place. Yeah. Here's 20 years of fucking lawsuits.
Starting point is 01:35:57 Yeah. It's a distinct advantage, you know. So anyway, it's interesting, man, a lot of my podcasts, a lot of red tapes, a lot of red, white and blue, a lot of red tape, man. No, Jordan, I'd love to, man. Thank you so much for being here today. My pleasure. Thank you.
Starting point is 01:36:10 Bye. Thank you. Bye.

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