Wolf of Wall Street by Jordan Belfort

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(Paperback)

Average Customer Rating: Customer Rating for this product is 4 out of 5 (6 ratings)

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  • Publisher: Bantam Books
  • Pub. Date: August 2008
  • ISBN-13: 9780553384772
  • Sales Rank: 1,498
  • 544pp
 
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Synopsis

By day he made thousands of dollars a minute. By night he spent it as fast as he could, on drugs, sex, and international globe-trotting. From the binge that sank a 170-foot motor yacht, crashed a Gulfstream jet, and ran up a $700,000 hotel tab, to the wife and kids who waited for him at home, and the fast-talking, hard-partying young stockbrokers who called him king and did his bidding, here, in his own inimitable words, is the story of the ill-fated genius they called…

In the 1990s Jordan Belfort, former kingpin of the notorious investment firm Stratton Oakmont, became one of the most infamous names in American finance: a brilliant, conniving stock-chopper who led his merry mob on a wild ride out of the canyons of Wall Street and into a massive office on Long Island. Now, in this astounding and hilarious tell-all autobiography, Belfort narrates a story of greed, power, and excess no one could invent.
Reputedly the prototype for the film Boiler Room, Stratton Oakmont turned microcap investing into a wickedly lucrative game as Belfort’s hyped-up, coked-out brokers browbeat clients into stock buys that were guaranteed to earn obscene profits–for the house. But an insatiable appetite for debauchery, questionable tactics, and a fateful partnership with a breakout shoe designer named Steve Madden would land Belfort on both sides of the law and into a harrowing darkness all his own.

From the stormy relationship Belfort shared with his model-wife as they ran a madcap household that included two young children, a full-time staff of twenty-two, a pair of bodyguards, and hidden cameras everywhere—even as the SEC and FBI zeroed in on them—to theunbridled hedonism of his office life, here is the extraordinary story of an ordinary guy who went from hustling Italian ices at sixteen to making hundreds of millions. Until it all came crashing down…


Publishers Weekly

Belfort, who founded one of the first and largest "chop shop" brokerage firms in 1987, was banned from the securities business for life by 1994, and later went to jail for fraud and money-laundering, delivers a memoir that reads like fiction. It covers his decade of success with straightforward accounts of how he worked with managers of obscure companies to acquire large amounts of stock with minimal public disclosure, then pumped up the price and sold it, so he and the insiders made large profits while public investors usually lost. Profits were laundered through purchase of legitimate businesses and cash deposits in Swiss banks. There is only brief mention of Belfort's life before Wall Street or events since 1997. The book's main topic is the vast amount of sex, drugs and risky physical behavior Belfort managed to survive. As might be expected in the autobiography of a veteran con man with movie rights already sold, it's hard to know how much to believe. The story is told mostly in dialogue, with allegedly contemporaneous mental asides by the author, reported verbatim. But it reports only surface events, never revealing what motivates Belfort or any of the other characters. (Oct. 2)

Copyright 2007 Reed Business Information

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Biography

After graduating from American University, Jordan Belfort worked on Wall Street for ten years. He is currently living in Los Angeles with his two children.


Customer Reviews

Number of Reviews: 6
Average Rating: Customer Rating for this product is 4 out of 5
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Customer Rating for this product is 5 out of 5 My Opinion
Rose, A reviewer, 04/29/2008

I thought the book was excellent!!! I would love to meet Jordan not to mention work for him. Could not put the book down. Unbelievable story! Hope he writes again soon.

Customer Rating for this product is 3 out of 5 Interesting story if you can get past the self admiration
Derek, A reviewer, 03/12/2008

I will begin this review by saying that the story line is very intriguing. With that being said, Belfort may have been better served to cut this book down to about 300 pages instead of the 519 and perhaps have a real author write it. While I do recoginize that he is a great salesman (albeit a scam artist), having to read on every page about how this much cost or how that much costs gets old very quickly. Jordan, we get it, you made ALOT of money. Obscene amounts of money. One can easily ascertain this early on in the book. No need to extend the book by another 200 pages just so that you can drive this point home over, and over, and over. Getting into all the 'business' aspects kept me reading. I will admit that I was impressed with the complexity of his dealings. He truly did have a great mind and used it to his advantage. The one disturbing occurence that continually played out was the fact that he was an absolute horrible husband and father and had the audacity to laugh about it. All in all it was a good read. Despite the unecessary ranting, it was hard to put down. I recommend it but a Pulitzer Prize winner it is not.

Also recommended: Rigged-Ben Mezrich Bringing Down The House-Ben Mezrich

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