The Wolf of Wall Street was the little 2013 that could. Martin Scorsese’s financial epic showed viewers that penny stocks can make them money. It fits with the comedic tone of the film that began humorous and went through phases of depravity throughout its nearly three-hour run-time. It sparked a global campaign for Leonardo Dicaprio for Best Actor before the Revenant came and blew everyone away. It reminded us that Matthew McConaughey can do a whole lot more than another romantic comedy with Kate Hudson. It also reminded us that the financial crisis gave the perpetrators a lot of consequence-free bragging. But, many of what it taught viewers went beyond the acting and the characters. There was a lot of financial truth embedded into the film, and it has shed some light on how some systems can potentially work.
The Wolf of Wall Street features an extended sequence where lead character, Jordan Belfort, sells penny stocks in a small largely run-down building. His aggressive style captivates the other sellers there. He pushes Penny Stocks to Watch in a big way, and amasses a lot of attention due to his subversive style.
There is a huge chance of failure, and investors should know that. They should also know that brokers have a lot to gain from a sale. The Wolf of Wall Street paints penny stocks in a bad light, but they can have value. The value is in building a relationship with a broker who can present a realistic portrayal of penny stocks. Belfort built a relationship with his investors, albeit in an untrustworthy way. Yet, it is the viewers who see this. He could have just as easily been clear and transparent with them about the reality. This would cause investors to stick around and actually make money, unlike the unlucky investors of Belfort. In all, with a different approach, Belfort could have helped everyone succeed. he left his investors hanging because he left. That is not the default way brokers act. if the film has taught viewers anything, it is that penny stocks can be bad as well as good- it often depends on the broker.