Act as if, can you?

Kylee 2022-03-24 09:02:18

The film pays homage to its predecessors "Wall Street" and "Money Worship."
Finance really reflects the most human nature, and those who can call the wind and rain in the financial industry must belong to the most attractive among human beings. It reveals the key, Act as if, to put it bluntly, is to pretend. But the key point is that not everyone can do it. Pretending is a kind of ability. The necessary premise of pretending is to agree with what you are doing. There is no psychological tug-of-war and no moral restraint. When you can calmly "pretend" to be someone you are not familiar with, the person you play will become you. As part of your success in expanding yourself.
Have to admit, these people really have a set, but because they are keen to make quick money and break the law. It's not hard to imagine that they would do very well in any legitimate business. In addition to less commissions, what is the difference between selling a normal stock and a short-selling company in the movie, any normal stock can be found out, and then use those telemarketing skills:
1. Build connections.
2. Let the other party feel that they are special and have obtained investment opportunities that others do not know about, without the feeling of being sold.
3. When the other party hesitates, press continuously, continuously ask questions with the answer of yes or no, and connect the question with the question of persuading the other party to pay.
4. Show that you are of high value (appearance, status), and the investment opportunities mentioned are limited, such as time constraints, investment volume constraints, etc.

Finally, let’s talk about the criminal methods in the film. The securities companies listed fake companies and sold these worthless stocks (including IPOs) by telephone. In the end, the stocks plunged and took the money to leave.
The most abhorrent part of this kind of behavior is that the family breaks up, causing many families who are not wealthy to face financial difficulties, and even the separation of wives and children.

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Extended Reading

Boiler Room quotes

  • Adam: [Exchanging money for poker chips] Give me four hundred

    Greg Weinstein: What about the betting?

    Seth Davis: What were you thinking?

    Greg Weinstein: I don't know, five hundred max?

    Seth Davis: We don't usually service that level of action but I hate to turn away a new customer the thing is we might not have enough cash to settle you at the end of the night.

    Greg Weinstein: That's ok you can just pay me tomorrow

    Seth Davis: How much you want?

    Greg Weinstein: [Tosses a roll of cash on the table] Five dimes

    Adam: You had to do it, make me look like I'm at the kiddie table

    Greg Weinstein: [to Adam] "The shoe fits,"kid

    Seth Davis: [to Greg] What denomination?

    Greg Weinstein: [to Seth] How about three Puerto Ricans, two chinks and a Guinea? I don't care, mix it up, whatever you want.

  • Seth Davis: [Narrating] I was living in Kew Gardens Hills running my "biz" giving the Queens College kids to do something in between classes I was doing well.

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