THE WOLF OF WALL STREET By. Kenan Faison. background Jordan Belfort Moves to New York Stock market...
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Transcript of THE WOLF OF WALL STREET By. Kenan Faison. background Jordan Belfort Moves to New York Stock market...
![Page 1: THE WOLF OF WALL STREET By. Kenan Faison. background Jordan Belfort Moves to New York Stock market crashes Discovers shady stocks Pushes these stocks.](https://reader035.fdocuments.us/reader035/viewer/2022062408/56649ea05503460f94ba2aa6/html5/thumbnails/1.jpg)
THE WOLF OF WALL STREET By. Kenan Faison
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background• Jordan Belfort Moves to New York• Stock market crashes• Discovers shady stocks• Pushes these stocks on customers• Creates his own company • Makes immense profits• Results in being investigated by the FBI• Sent to jail
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RBMHG• Jordan's mindset is rooted in capitalism and strategy• He longs for wealth and the power that comes with it
• If you have wealth, you can do what ever you want• Aesthetics
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KLMBS• Distributive Justice: There is a disproportionate
distribution of wealth• Power influences bad decisions• Exploits to achieve above normal returns to himself.
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Leadership methods• Emboldening: Jordan developed a group of average guys
into a team of sharp salesmen. • Relationship oriented: Jordan fosters positive
relationships with everyone he comes into contact with.• Task oriented: Jordan pushes his followers to sell mass
amounts of Steve Madden stock. • Transformational: Jordan altering the mentality of the
average guys and inspiring them to become rich.• Transactional: Jordan offers cash incentives to to his
brokers for selling Steve Maddens stock.
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Timing• Ethics later • “Money doesn’t just buy you a better life…it also makes
you a better person, you can give generously to the church or political party of your choice, you can save the fucking Spotted Owl with money”
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Hopes• Prosperity for self• “So I was selling them shit, the way I looked at it there
money was better off in my pocket, I knew how to spend it better.”
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Rate of Innovation• Rapid and driven
• Manipulating markets • Steve Madden Stock
• Lying to increase revenue• Pink Sheet Stock
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Passion • Megalothymic
• Need for power • If you have wealth, you can do what ever you want
• No interest in justice
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Focus • I/the Self:
• Constantly wants more• Will help others…only if it helps him
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Charisma• Attracts followers• Well liked• Manipulation • All of Jordan's leadership qualities root from his charisma.