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blesto (32.07)

Wolves Of Wall Street

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February 28, 2014 – Comments (5)

Good movie and this YaHoo article about Fact vs Fiction:

http://finance.yahoo.com/blogs/breakout/the-wolf-of-wall-street--fact-vs--fiction-134639525.html

>>Present day “Wall Street,” according to Brown, is a totally different place. The retail brokerage has gone the way of the dodo, as the days of brokers cold-calling plumbers and electricians is over. These days most individuals are trading their own accounts using online brokers. The issue now according to Brown is that people are ‘blowing themselves up,’ meaning going bankrupt in the stock market on their own. “People are churning their own accounts, day in day out," he says. "They [investors] are their own wolves these days.”<<

No problem if you follow Foolishness!

I'm just wondering what and how those unscrupulous types do now??? 

5 Comments – Post Your Own

#1) On February 28, 2014 at 9:11 PM, HarryCarysGhost (99.72) wrote:

I'm just wondering what and how those unscrupulous types do now??? 

 

 They went into politics.

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#2) On February 28, 2014 at 9:22 PM, rd80 (98.44) wrote:

Or opened bitcoin exchanges.

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#3) On March 01, 2014 at 6:33 AM, blesto (32.07) wrote:

Thanks guys!

Speaking of bitcoin...

It reminds me of a new internet domain system with web addresses ending with (.bit).

Has anyone else heard about it?  Supposedly it's a decentralized domain naming system which makes use of a bitcoin like technology called namecoin.

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#4) On March 01, 2014 at 7:08 PM, awallejr (85.43) wrote:

They could call it anycoin but if what happened to Mt Gox doesn't worry you about the future of digital money well when the hackers succeed again maybe the second time will.

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#5) On March 10, 2014 at 8:05 PM, awallejr (85.43) wrote:

And the second time did.

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