wall street
All about the world of Wall Street.
What is a Bear-Hug and a Godfather Offer?
If you hear talks about a godfather offer or a bear-hug, you might assume you are being invited over for a movie marathon, or that someone wants to give you a warm embrace. While that may be the case, in business lingo these terms often indicate that a lot–a lot–of money is at stake.
Rachel G. DavidPublished 7 years ago in Journal'Boiler Room' Still Makes Traders Sweat
Revisiting Boiler Room after watching The Wolf of Wall Street is like being lied to after a horrific accident. Both movies are based on Jordan Belfort’s misadventures at the Long Island penny stock scam factor Stratton Oakmont but that’s about where the similarities end. Boiler Room is the movie for those outraged at Wolf’s lack of redemption. It’s the happy ending version of a tale that really has no happy ending. But it still is not too bad, even if their version of Belfort, named Michael Brantley, is played by a mealy-mouthed Tom Everett Scott. He shows up every half hour or so before skulking back to his office. Not a very bad boy compared to Leonardo DiCaprio’s whoring, coke-snorting Belfort. Instead, the focus is on a conscience-stricken junior broker, played by Giovanni Ribisi, who acts as a sort of audience surrogate. In this sense, Boiler Room is rather traditional. No morality here. The really bad guys get punished, and the audience is left feeling righteous.
Frank WhitePublished 7 years ago in JournalWhat Is A "Dead Cat Bounce"?
A "dead cat bounce" is what happens when a stock value that has been plunging downward suddenly recovers slightly, only to begin falling again. Investor and author Thomas Bulkowski classifies the brief recovery as a dead cat bounce if the stock declined at least 15 percent in one day. People rarely think of dead cats when they think of the Dow Jones or the NASDAQ, but it’s a figure of speech that even a dead cat will bounce if it falls fast enough, hard enough, and long enough.
Zach FosterPublished 7 years ago in JournalDefining ‘The Big Short’
There are two sides an investor can take in a trade: a long position or a short position. For the average investor investing in their retirement accounts, a long position is all they need to worry about.
Natasha SydorPublished 7 years ago in JournalWhat Is the Puke Point?
If you know much about trading and investing market and stock shares, then you’ll know the “puke point” is the dark, bleak horror land that no investor ever wants to reach... but likely will eventually. At the very best, hitting the puke point means a really crappy day in the market. At worst, the puke point spells out financial ruin for traders or investors who put too many eggs in one shaky basket.
Zach FosterPublished 7 years ago in JournalTop 25 Wall Street Books
Harvard isn't worth the money. "The more you read, the more things you will know. The more that you learn, the more places you'll go." – Dr. Seuss. The corporate world, Wall Street, and the complex weave of today's global corporate culture require an education far beyond what the great business schools and universities presently offer. Perhaps the best way to prepare yourself for the future of industry and business is to study its past intrigue and sometime tragedy. The following 25 Wall Street books are hand-picked from Frommer's personal collection of favorites. Save the tuition, read the books.
Frank WhitePublished 7 years ago in JournalBest Wall Street Films to Watch
Not available in stores, this nearly 50-hour program includes 25 required viewing classes, and it's free. This guide to the top Wall Street films is not just entertaining, it is educational. From 1981's Rollover to its younger brother Wall Street The Movie, and even the late 90's Pi, these movies explore the complex world of finance. From Danny DeVito in Other People's Money to Eddie Murphy in Trading Places, Wall Street has always relied on its sense of humor to get through the tough times. Some of my favorite picks are Barbarians at the Gate, Working Girl, and the timeless American Psycho. Forget the MBA and watch these 25 films.
Frank WhitePublished 7 years ago in Journal