EXCLUSIVE: Wolf Of Wall Street Jordan Belfort Gets Real On Crypto, Retail Investing, Movie Accuracy And His New Book
Portfolio Pulse from Chris Katje
Jordan Belfort, known as The Wolf of Wall Street, shared his views on cryptocurrency, retail investing, and his upcoming book in an interview with Benzinga. Belfort, who once called cryptocurrency a scam, now acknowledges Bitcoin and Ethereum as legitimate, but still believes the sector needs regulation. He also mentioned that retail traders today have better tools and access to more information. His new book, 'The Wolf of Investing,' due in October, will cover advice and tools for investors, emphasizing that the bulk of one's investment should be in an S&P 500 index fund.
September 27, 2023 | 3:02 pm
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POSITIVE IMPACT
Jordan Belfort, once a critic of Bitcoin, now acknowledges its legitimacy and holds a positive long-term view.
Belfort's change of stance towards Bitcoin and his positive long-term view could potentially influence other investors and drive demand for Bitcoin.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Jordan Belfort acknowledges Ethereum as a legitimate cryptocurrency, despite his previous skepticism.
Belfort's recognition of Ethereum as legitimate could potentially influence other investors and drive demand for Ethereum.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70