I’d imagine you get to a point where there’s not enough limos. What can a limo comfortably seat like 10 people tops? Sales floors typically have upwards of 200 people that’s 20 limos just for 1 sales floor, a company this size will have 3 to 5 sales floors, if you can get 50 limos and figure out how to logistically coordinate them then you are probably manage a school district transportation department. But for us simple sales people it is easier to rotate a few charter buses. At least from my experience with corporate “best year ever!” sales things here in Detroit, cobo, fox theatre things
This is how every CEO thinks his 9-5 underlings should view him and react when they enter the room. And they’re very bit just a shady, lying manipulating weasel as this guy.
Even though I’m a big Scorsese fan, I wasn’t all that impressed with Wolf of Wall Street as I felt this movie and Wall Street had already handled the subjects better and with more insight.
I could see what you’re saying. Just on the comparison of Boiler Room vs Wolf of Wall Street, it’s apples and oranges on the main character. BR is from the POV of someone who didn’t find success (by success I mean didn’t make it to the top of the firm) and WOWS is from the POV of one who did. So yeah, most of us relate to Seth’s experience since it’s from the layperson’s perspective. I kind of wish BR was done around the time WOWS released because now it’s buried in the list of great finance movies. I feel like people search for WOWS, The Big Short, and Wall Street before finding BR, if it’s not beaten by Margin Call.
It’s Apples and Oranges to me. This one feels more real because the chances of anyone making it to Belfort’s status in this ‘Boiler Room’ world would be slim. Seth Davis’ experience is most likely hundreds if not thousands of others experience of working for a ‘chop shop’ firm and it not working out in the end. WOWS was about the lifestyle. BR is about the process.
Class trip kids, we are getting in Busses and heading into Manhattan, where all our competitors just walk out their door, now put your seatbelt on and stop fidgeting
He was so toxic in this scene... buy a car buy a house and get yourself into debt... this leads you to be more desperate to make commission... also he was smart showing their sales figures saying they will make a million in 6 months sounds realistic £230k x6 = £1.35 million in sales if half was commission $700k give or take
depends on what they sell, only Pink Sheet stocks give that high of a commission. IPOs pay next best. The rest might be only 1% on a blue chip stock like IBM
@@NJGuy1973 Kind of yeah, as Ben Affleck's character in this film kicked out a broker during the interview, saying that their firm won't hire them, but rather will only train new ones instead.
Close. I thought the same thing too. The film was inspired by the Director’s experience working at Sterling Foster & Co. One of the firms taken down by the FBI just like Jordan Belfort. Google: “Sterling Foster Boiler Room” and there’s a great article from CNN Money explaining how it all went down.
Belfort said this movie was based on Stratton and even the Long Island references and the way the office looks has the Stratton appearance. I don't believe it was based on Sterling Foster if it ever existed.
@@CLLEON Google: Sterling Foster Boiler Room. There's a CNN Money article. Also, if you Google: Sterling Foster & Co. - the first result is an SEC filing.
@@gouki2005 It was a retractable needle in a syringe and it was supposed to make it safer but it didn’t take off at all because Drs and nurses are not that careless that they can’t bend a used needle lol. It cost me some stock.
I have a friend who can't watch this movie. He says it makes him sick to his stomach. He started his career in a place like that. And yeah, he said real life was even worse.
My friend interned at SO briefly and got out once he realized it was a ticking time bomb... he used to play us tape recordings of the morning pep talks Belfort gave. Some of those phrases I still use, ironically.
Pump-n-Dump - They owned interest in the Companies which stocks they were selling, So they Pump it; artificially creating demand for said stocks, driving up the price. After that, Dump; When the price gets high enough, they sell off all their own holdings of the stocks and and the price crashes. This is illegal because you are not allowed to broker for a company that you have invested interest in, because you do shady stuff like this. Or instead of listening to my bad explanation you can watch the scene from this movie that explains it - /watch?v=-CVdHc3Zm6Q
similar like Jordan Belfort's firm. simply they're selling stocks of companies that doesn't really exist. Not beneficial to investors. The retractable syringe company was not in business when Seth came investigate it.
Over hyping stocks. Not acting in clients best interest. Churning and burning. Being market makers without disclosing it. Selling from scripts. Feds took down many of those firms.
WHO TELLS PEOPLE TO GO INTO DEBT!!! Movie okay But I would be surprised if soimeone said this in real life. Even the devil to Jesus to bow down to him so I wouldn't put it past people on this earth either
It's hilarious how many people believe everything hollywood tells them. This might be the LEAST "realistic" film about sales in film history. So ridiculous, over the top, and dramatic. Don't get me wrong, I love this movie. But JFC the plot and details require more than a suspension of disbelief- more like an EXPULSION of disbelief. Wolf of Wall Street was another one. The real Belfort was a douchbag con man, but once again, his story is so much bloated fiction and self-celebration to make himself look awesome, it's just so laughable. Yes, there were kernels of truth, but like Boiler room, 90% fiction. That's HOLLYWOOD people! They make their money on story telling, not documentary. Let's watch these films because they are entertaining, but stop making yourselves look like idiots by claiming similar stories. Anyone who comes on here and tells you about their days in sales that were just like Boiler Room or W of WS is LYING to you.
WoWS did show Belfort and his cronies to be sleazy degenerate conmen, from the drug use to the financial scams to trying to bribe law enforcement officials and so on. I dont know how people left that movie thinking Scorsese was somehow glamorising these people. They were despicable.
Have you asked a real life wall street professional about this??? I dont think you have. If by unrealistic you mean not as bad as the real world you’d be right. IRL it was much much worse. People have died in this job from the level of stress and thats saying something
what honorable men, helping drive innovation within the healthcare sector by providing liquidity to micro cap pink sheet companies!!! Doing Gods Work!
😂🤣😂 scamming better than the men in the pulpit
😂😂
I salute these fine upstanding gentlemen 😂
@@jimbaker5110god bless the innovation economy. This month will be bigger!!!
😂😂😂 the sacrifice these men made to make 50% commission
Have spent close to 10 years working with sales people, clearly you can see they took some inspiration from real life in this movie.
"It's actually gonna be the biggest month we ever had."
I suspect he says that about every month. Lol
he can repeat himself every day, his brokers are too coked up to notice.
If every month is record profit, he might be telling the truth.
Since he's sexually frustrated.
Used to work at a dealership, top dog used the same line every time:
So, here for the big sale?
Customer: what sale?
Biggest sale since yesterday!
LOL at how Ben Affleck couldn't be bothered to film this scene
Fortunately, Guy Patterson got out of the phony stock business and eventually became "Shades", the drummer on The Wonders
They were better before they sold out, only true fans were there when they were The Oneders. LOL
@@typicaledchey that's "on-edd-ers."
@@typicaledcno,
it’s “the wonders”, as in I wonder what happened to “the one-ders”
Pride cometh before a fall.
Michael Brantley, the salesman among salesman. Jim Young is top sales dog of the month.
That's because in the move, Brantley was the guy running the company. Dipshit.
"..go out and get a into debt.."
Obviously, this guy is not beloved of David Ramsey.
the soundtrack for this movie was insanely underrated
I’ve been jamming it all week. Best soundtrack ever. Literally.
That Zoltan machine worked well for this young lad!
Harry Reynard dropped $50K on Farrow Tech last week alone...
Andrew Dutler he got it back from the med patent ipo
"Greg Weinstein, third prize is...you're fired!!!"
@Trantor The Troll YOU'RE WEAK!!!
@Trantor The Troll The leads are weak? The f******* leads are weak?? YOU’RE Weak.
Buses? Not so luxury. I remember Jordan criticizing this in his book (they used limos!)
They definitely also used buses. You can see the brokers get off of one on the recording of his beach house party video.
Who cares about Jordan
I’d imagine you get to a point where there’s not enough limos. What can a limo comfortably seat like 10 people tops? Sales floors typically have upwards of 200 people that’s 20 limos just for 1 sales floor, a company this size will have 3 to 5 sales floors, if you can get 50 limos and figure out how to logistically coordinate them then you are probably manage a school district transportation department. But for us simple sales people it is easier to rotate a few charter buses. At least from my experience with corporate “best year ever!” sales things here in Detroit, cobo, fox theatre things
Could you imagine coordinating 50 limos across traffic and making sure everyone is where they are supposed to be / no delays? City traffic lmao
Could you image 60 limos on the road out to turtulla. Ah for crying out loud
This is how every CEO thinks his 9-5 underlings should view him and react when they enter the room. And they’re very bit just a shady, lying manipulating weasel as this guy.
gladly there's others - but yeah you can definitely run into this type. icky.
These guys are the backbone of the country.
i liked this move more than the wolf
Even though I’m a big Scorsese fan, I wasn’t all that impressed with Wolf of Wall Street as I felt this movie and Wall Street had already handled the subjects better and with more insight.
Yes this movie was good, through a broker's perspective, I enjoyed it.
Wolf of wall street was garbage compared to boiler room
@@moshecohen5551 Agreed. Had a couple funny scenes and that was it.
I could see what you’re saying. Just on the comparison of Boiler Room vs Wolf of Wall Street, it’s apples and oranges on the main character. BR is from the POV of someone who didn’t find success (by success I mean didn’t make it to the top of the firm) and WOWS is from the POV of one who did. So yeah, most of us relate to Seth’s experience since it’s from the layperson’s perspective.
I kind of wish BR was done around the time WOWS released because now it’s buried in the list of great finance movies. I feel like people search for WOWS, The Big Short, and Wall Street before finding BR, if it’s not beaten by Margin Call.
This movie better because Belfort was & is a JERKOFF!! 😂😂😂😂😂
Michael even selling crap to his own employees.
Giovanni ribisi never had the makings of a varsity athlete
djjdantenucci I don’t get the sopranos reference
Go away
that's the Donnie Difference
I truly believe that’s the moral of this story. Seth couldn’t sell crack or play basketball.
Bad Analogy. Try again.
Not Sonny Red, did i say Sonny Red? Sonny BLACK.
I got sent for. In our thing, you get sent for, you go.
This 🎬 is classic ❤
I think Vin Diesel would make a great stockbroker.
He told me he actually sold tools over the phone before...
Makes sense. I would buy used socks from that guy, i can’t even lie.
He is. In movies. In real life that kind of smug arrogance gets you hung up on quickly. This movie is 0% accurate. Real life is much more boring! 😂
You’re right-because the boiler room is a family.
They are actors
What a thug about. Brilliant drop.
This movie was so much better than The Wolf of Wall Street
It’s Apples and Oranges to me. This one feels more real because the chances of anyone making it to Belfort’s status in this ‘Boiler Room’ world would be slim. Seth Davis’ experience is most likely hundreds if not thousands of others experience of working for a ‘chop shop’ firm and it not working out in the end. WOWS was about the lifestyle. BR is about the process.
I have a feeling those three guys win every month
Correct - it’s rigged this way - helps keep the little fish wanting to grow up and be sharks
reminds me of the 80's.
Stratton kicked off around 88, lasted until mid 90's.
Lol greatest soundtrack
Hey, it's Guy Patterson, former drummer for the Oneders.
The Oh-knee-ders were the best back in the day.
And chad, the drummer he replaced.
I actually have that sound track. Pretty good. Wonder what the market cap is on Playtone Records?
hey its oh nedders
Shades 😎
I worked for a firm that sold penny stocks, made 400 calls a day, high pressure tactics. Yeah. Not for me.
I think Carson loved his laundry, don’t you?
Boiler Room, Find Me Guilty, The Iron Giant, and Knockaround Guys show that Vin Diesel is a damn good actor and not just an action star.
Used to be.
Fun fact: Vin Diesel auditioned for Steven Spielberg, and he was so impressed he wrote a part into Saving Private Ryan specifically for him.
Class trip kids, we are getting in Busses and heading into Manhattan, where all our competitors just walk out their door, now put your seatbelt on and stop fidgeting
Noticed Seth clapped for Chris and not Greg!
Nobody likes Greg.
zshar10 Seth exposed Greg in Michael's office at the end.
Cause Greg was a asshole unlike Chris
I never noticed that before
Greg pushed Seth earlier that day.
Great Movie!!
My buddy worked at one of these chops shops in Chicago. He said this was a little over the top but pretty accurate.
How did it end for him 😅
MED PATTON > ANACOTT STEEL > STEVE MADDEN
So call ur moms, and tell her not to wait up!
This is country wide financial
Me when reddit shortsqueeze pumps another stonk
Do that thing you do shades 😂🤣
Jordan Belfort
He played Emma Stone's husband in LA LA Land.
He was also the lead in That Thing You Do!, a terrific movie.
@@billygarcia9885 Yeah, I really liked that movie too.
With those sales, becoming a millionaire within the next 6 months doesn’t work
Whatever happened to that retractable syringe?
They're on isle 10 at Wal-Mart...
Ummm they exist and are used world wide! Simply search Amazon for "retractable syringe" if you need proof.
Use ‘em just about every day
Mr. White It went down with me in it.
Just after the hotel scene, Seth goes to the address of the supposed medical company and it was just a closed local.
He was so toxic in this scene... buy a car buy a house and get yourself into debt... this leads you to be more desperate to make commission... also he was smart showing their sales figures saying they will make a million in 6 months sounds realistic £230k x6 = £1.35 million in sales if half was commission $700k give or take
depends on what they sell, only Pink Sheet stocks give that high of a commission.
IPOs pay next best.
The rest might be only 1% on a blue chip stock like IBM
@@SuperChuckRaney This was a scam though… He tells them to get into debt so they HAVE to sell more and it increases pressure
@@SuperJutah I hear some firm don't hire people unless they already have debt.
@@NJGuy1973 Kind of yeah, as Ben Affleck's character in this film kicked out a broker during the interview, saying that their firm won't hire them, but rather will only train new ones instead.
Half was commission? It was 100% commission pal
I think the boss guy is supposed to be Jordan Belfort (the wolf)
Close. I thought the same thing too. The film was inspired by the Director’s experience working at Sterling Foster & Co. One of the firms taken down by the FBI just like Jordan Belfort. Google: “Sterling Foster Boiler Room” and there’s a great article from CNN Money explaining how it all went down.
Belfort said this movie was based on Stratton and even the Long Island references and the way the office looks has the Stratton appearance. I don't believe it was based on Sterling Foster if it ever existed.
@@CLLEON Google: Sterling Foster Boiler Room. There's a CNN Money article. Also, if you Google: Sterling Foster & Co. - the first result is an SEC filing.
It is supposed to be Jordan!
Steve Madden, Sstevvvvv Maaaaad DEN.
It’s the drummer from “The one-ders”
one of my favorite movies. best to watch during the fall
I bought that retraction syringe it was a piece of crap.
Me too. It turned out to be twice as infectious.
Yeah I didn't know you could fold a metal needle.
I never received mine!
Wait what the product was real..
@@gouki2005 It was a retractable needle in a syringe and it was supposed to make it safer but it didn’t take off at all because Drs and nurses are not that careless that they can’t bend a used needle lol. It cost me some stock.
It was more hard core than this ever shows, trust me !!!
I have a friend who can't watch this movie. He says it makes him sick to his stomach. He started his career in a place like that. And yeah, he said real life was even worse.
Sure it was goof ball👌
These guys were acting like middle school children.
And you say the real thing is worse!!!
Are you fvcking sh¡thing me?!?!
My friend interned at SO briefly and got out once he realized it was a ticking time bomb... he used to play us tape recordings of the morning pep talks Belfort gave. Some of those phrases I still use, ironically.
@@Murchad99 "Sounds fair?" is a good one.
Retractable needles never became the standard though.
FYI Jim Young is Ben Affleck
Where was Jim Young?
I need to rewatch this movie. I can’t remember exactly what they were doing that was illegal. Lying about stocks or something.
Selling stocks that didn't exist. Been a long time for me too.
Pump-n-Dump - They owned interest in the Companies which stocks they were selling, So they Pump it; artificially creating demand for said stocks, driving up the price. After that, Dump; When the price gets high enough, they sell off all their own holdings of the stocks and and the price crashes. This is illegal because you are not allowed to broker for a company that you have invested interest in, because you do shady stuff like this. Or instead of listening to my bad explanation you can watch the scene from this movie that explains it - /watch?v=-CVdHc3Zm6Q
similar like Jordan Belfort's firm. simply they're selling stocks of companies that doesn't really exist. Not beneficial to investors. The retractable syringe company was not in business when Seth came investigate it.
Alex K. Z
Over hyping stocks. Not acting in clients best interest. Churning and burning. Being market makers without disclosing it. Selling from scripts. Feds took down many of those firms.
wouldn't want to be the bus driver for these clowns
Sounds like webistics
Ah, the advent of Bro culture.
This movie was better than the Wolf of Walstreet.
WHO TELLS PEOPLE TO GO INTO DEBT!!! Movie okay But I would be surprised if soimeone said this in real life. Even the devil to Jesus to bow down to him so I wouldn't put it past people on this earth either
Was this movie based on Jordan belfort
The wolf
Ikaros23 most people don't even realize that.
thats right " fuck the clients"
He also played a wolf in American werewolf in pairs. :) Great movie.
All men
anyone else notice how stupid a retractable needle is??
Allan Johnorn it's in use, world-wide
I think the point is to retract it once it's been used so it can be disposed of with more safety rather than being re-used.
you notice that it's used internationally?
Almost as ridiculous as replacing IV blood tests with a finger prick.
Trulicity
SALOO!
They’re called _Safety Syringes_ they’ve been around…but they’re like the Cadillac V8/6/4 motor; unreliable & problematic…
1:30 #coupleclasses🍾🥂😘😉🤔😉😘😉
Who is this actor?
Tom Everett scott
Goddamn I wanna be a part of that culture so bad
Mr Clean I don’t.
Jeff Rourke good for you lemme grab you a trophy real quick
@@thog3940 A pathetic salesman scamming people out of money and contributing nothing to society while surrounded by vapid money obsessed asshats?
@@josephk1342 uh yes. Lots of money sir.
That’s what I want out of that culture.
@@thog3940 There are lots of industries that pay well that don't involve criminal activity and dealing with shallow assholes.
It's hilarious how many people believe everything hollywood tells them. This might be the LEAST "realistic" film about sales in film history. So ridiculous, over the top, and dramatic. Don't get me wrong, I love this movie. But JFC the plot and details require more than a suspension of disbelief- more like an EXPULSION of disbelief. Wolf of Wall Street was another one. The real Belfort was a douchbag con man, but once again, his story is so much bloated fiction and self-celebration to make himself look awesome, it's just so laughable. Yes, there were kernels of truth, but like Boiler room, 90% fiction. That's HOLLYWOOD people! They make their money on story telling, not documentary. Let's watch these films because they are entertaining, but stop making yourselves look like idiots by claiming similar stories. Anyone who comes on here and tells you about their days in sales that were just like Boiler Room or W of WS is LYING to you.
WoWS did show Belfort and his cronies to be sleazy degenerate conmen, from the drug use to the financial scams to trying to bribe law enforcement officials and so on. I dont know how people left that movie thinking Scorsese was somehow glamorising these people. They were despicable.
The filmmakers never claimed this to be a documentary. It's an interesting story.
This is exactly what Boiler Rooms were like in the 80’s & 90’s. You have no idea what you are talking about.
You've never been in the sales world, guy. You have no idea what you're talking about 😂 Shut the fvck up.
Have you asked a real life wall street professional about this??? I dont think you have. If by unrealistic you mean not as bad as the real world you’d be right. IRL it was much much worse. People have died in this job from the level of stress and thats saying something
"music" at the end ruined it
Bunch of low life’s
This guy is lame compared to wolf of wall street
It's based on Stratton but the perspective is through a broker who just wanted a legit job.
It's an indie film versus a massive budget blockbuster. Boiler Room is still a great film considering what it is.