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Lila 2022-04-23 07:02:42
Alai is here to create a concave shape! ! ! Ah Fan is here to concave acting! ! ! All kinds of handsome bursts have...
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Ressie 2022-04-23 07:02:42
The protagonist of Wall Street 1 is a trader, this one is a salesperson...Where are the CFAs hiding...and who labeled that "stock analyst"? Are you an...
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Mercedes 2022-04-23 07:02:42
The little fox of Wall Street. There are so many familiar faces, who is the Hawaiian SWAT and who is the chicken, and the director, who acted as an instigating...
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Schuyler 2022-04-23 07:02:42
Haha, Vin Diesel feels so young; capital operation... still tangled. Retailers want to make money? The money is eaten by...
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Freda 2022-04-22 07:01:34
You should see if you are a...
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Jessica 2022-04-22 07:01:34
I felt the same way when I saw the phone call to sell...
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Lemuel 2022-04-22 07:01:34
I like watching this kind of brainwashing financial sales! Sales in any industry are act as if and big fudge, and the financial industry can become a fucking millionaire by flickering! The male protagonist has such an old father, and the middle-aged male family is ruined. There are two big...
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Lexie 2022-04-22 07:01:34
It's like Double Eleven kills some things you don't need at...
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Noah 2022-04-22 07:01:34
The name BOILER ROOM is really spiritual! ! Selling is hard work. Accidentally committed a...
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Christa 2022-04-22 07:01:34
It is strongly recommended that cctv broadcast this film to reveal the decay of...
Boiler Room Comments
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Jennings 2021-12-22 08:01:38
Does stock fraud really exist?
In 2014, I bought 3 types of funds with Alipay. I looked at this data and kept going up. I also checked a lot of information about these 3 companies and found that they were all well-developed companies. I bought it at that time, but after I bought it, it kept falling and never rose. In 15 years, I...
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Jim Young: [Pitching to the new recruits] There is no question whether you'll become a millionaire. The only question is how many times over. You think I'm joking? I'm not joking, I am a fucking millionaire, it's a weird thing to hear, right? , it's also a weird thing to say, and guess how old I am? twenty seven, do you know what that makes me here? A fucking senior citizen, this firm is entirely comprised of guys your age not mine, luckily for me I happen to be very fucking good at my job or I'd be out of one, you guys are the new blood you are the future big swinging dicks of this firm, let me tell you what's required: you are required to work your fucking ass off at this firm, we want winners, not "pikers", a "piker" walks at the bell, piker asks "how much vacation time you get in the first year", "vacation time?", people come to this firm for one reason: to become filthy rich, we're not here to make friends, we're not here to save the fucking manatees, you want "vacation time?" go to third grade public school, first three months you start as a trainee, you make one hundred and fifty dollars a week, after you're done training you take the Series 7 test, pass that, you become a junior broker and then your opening accounts for your team leader once you open forty accounts, you start working for yourself, the sky's the limit, a word or two about being a trainee, friends, relatives, other brokers will give you shit about it, it's true, one hundred fifty dollars is not a lot of money, pay them no minds, you need to learn this business and this is the time to do it, once you pass the test, none of that is going to matter, your friends are shit, you tell them you made twenty five grand last month, they're not going to fucking believe you, fuck that, fuck them, parents don't like the life you lead? Fuck you mom and dad! You'll see how it feels when you're making their fucking Lexus payments, now go home and think about it, think about if this is really for you, listen, if you decide it isn't its nothing to be embarrassed about, this job's not for everyone, but if you really want this, you call me on Monday and we'll talk, just don't waste my fucking time.
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Greg Weinstein: [during Seth's orientation] These are the client cards, these are our leads every one of these people buy stock, your job is to call them and get them interested in the firm, you're not actually selling stock but you're selling them a "dream" so get them "wet", a month from now a senior broker will call them back with an idea,
Seth Davis: wait so who are these people?
Greg Weinstein: they're average clients, forty five years old from the Midwest one hundred fifty thousand dollar income one million net, has a local broker but loves a hot shot New Yorker who sounds good on the phone, the cards not going to tell you any of that, it only has their name, address, and occupation so you got to feel them out, the truth is, it doesn't even matter where the DOW is right now, everybody wants a piece of the market, I can anyone, anytime, anywhere in the country, just give me a phone number, once you qualify the guy you send him a press packet it'll all be real easy and get you comfortable on the phone which is key, this entire business revolves around the phone, "play the numbers", this is a contact sport meaning the more people you contact the better you'll do a good broker makes over seven hundred calls a day
Seth Davis: wait what's the phone bill like here?
Greg Weinstein: this month was approaching four hundred thousand dollars, even though you're not selling stock I want you to memorize the quota we have here, did you see the movie Glengarry Glen Ross?
Seth Davis: Yeah
Greg Weinstein: You remember A.B.C.?
Seth Davis: Yeah, Always .Be. Closing
Greg Weinstein: that's right,Always .Be. Closing "telling's not selling", that's the attitude you want to have, the second rule you have to remember as a trainee "don't write wood" a lot of trainee are anxious to get off the phone that they steam roll the guy into getting him the press packet so they can hang up, then I call back a month later and say "hi you spoke to a junior associate of mine" and the guy says "I'm not interested", that's a shitty lead, that's fucking wood, the info we send is bullshit, the most important of the call is that is telling them you that one great idea and that a senior broker is going to call them back in a month we don't want our clients to think we're pitching them something we read in the Wall Street Journal, if the guy wants to buy stock right then, you want to go into each call expecting just that, if someone wants a recommendation you put the guy on hold, stand up and yell "Reco" at the top of your lungs, first senior broker gets on the phone, he gets the sale. I have this friend at another firm, he hands this book to all his new trainees, it's called "Rebuttal Book, it has a rebuttal for any excuse like "my wife won't let me", "I'm not in the market right now", "send me a prospects, that's all stuff you're going to have to learn later, the most important thing you need to know right now is, you can be whoever you want, change your last name, say you're the vice president who cares? Do whatever you got to do to get the guy on the line
Seth Davis: Wait how could I do something like that? Isn't there a compliance officer here?
Greg Weinstein: Everybody does that shit, even on Wall Street are you talking about John over there?
Greg Weinstein: [they both look at John sitting in his office]
Greg Weinstein: the guy's a fucking chimp, the only "compliance" work his doing is making sure my lunch is still hot when it gets here, his only here because the FCC requires it, it's the easiest job in the world.
Greg Weinstein: [jokingly] look I think his actually masturbating right now
