Friday Reads: The Wolf of Wall Street

The Wolf of Wall Street, written by Jordan Belfort, a/k/a the Wolf, focuses primarily on his time running the Long Island, NY brokerage house Stratton Oakmont. His story involves numerous crimes centered around various pump and dump schemes, securities fraud, and money laundering. The book came about when he was doing his time (of course Belfort was caught) and his cellmate encouraged him to write a book due to gut busting laughter when hearing his stories. His cellmate was none other than Tommy Chong (sentenced for selling paraphernalia online via his company, Nice Dreams).

Yes, this guy wasn’t a saint. Yes, he defrauded his investors, lied to the people around him, did copious amounts of drugs, committed multiple crimes, and didn’t treat his family well. But, you know what, the stories are entertaining, and in some sense the reader feels like they want to root for him. In his favor and against those he is maneuvering around in his business, and against the feds. To me, it feels much the same way one roots for Tony Soprano (yes, overall he’s a bad individual that does some bad things, but something about him is likeable). Even if you’ve seen the movie adaptation (2013, directed by Martin Scorsese), the book is recommend for the in-depth look into (as Belfort puts it) the lives of The Rich and Dysfunctional. It’s an easy read, and should be on the list of every low brow reader.

Belfort, Jordan. The Wolf of Wall Street. Bantam. 2008.

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