Wall Street Warriors (2006–…): Season 1, Episode 1 - Capitalism Rules - full transcript

Wall Street takes the brightest people
and smashes into the pavement

on a regular basis done

there's only one bottom line on wall
street

and the bottom line is how much money
you make

this one of the most first job on our he
has trust every single second

not everybody gets life

care against greed corruption overall

trap when you work on Wall Street

whatever your background was its

can you make money can you contribute to
possible I just do

pulled



hotel should wake up in the morning with
an immediate Tehillim

dread no matter what and that is simply
because you know what you doing

realize it might be very very sleep at a
normal man on wall street.

I think it hasn't good parking bad hard

oftentimes can still feel it a little
bit of a Boy Scout work

sometimes you're not being taken
seriously

because you know you were skirt and
makeup pulled

there's a complete jerk the nation's
business how to make when it ruled

first with my new in business and the
second most important thing to support

hotel on our clients look to us to make
some money

but also to be something about insurance
policy if the market really gets nasty

yesterday the market was nasty and we
had a very good day

at a their two numbers I don't think
I'll forget

one is 15 and that is age I moved out of
my parents house



and the others 27 not %eh I retired

old it's about making money but you have
to have discipline

you have to be clairvoyant you have to
be a success

and fearless

when he was managing money in a loft in
Soho

he was knocking it out of the park and
no one really existed

and now he has an office at Midtown
high-rise

and his performances been off the charts
putting him in the top five percent of

managers

Dr investors

US equities only and we are a long/short
fund which means that we

are basically making that's if you will
on stock prices going up

and stock prices going down we trade for

both are personal equity as well as a

both institutional and high-net-worth
investors alright

little on my to work so we're going to
put some

to work do I have always worked on
getting a

one degree one another to show him that
I'm actually

well accomplished does it feel under
pressure to

Costa you have to have a certain
resilience

for Wall Street stressful year usually
around the open which is at nine thirty

eastern time

there's usually some information that
has come to light overnight

you yes

your job well is only good in school so
yeah

you sure I would have been a little
learn to love

and you want to believe it did they
traded yeah

billion dollar with a million dollars
Yahoo or how about two million

I

I Ashlie but I've never K

can you let me know what needs to be
done in order to make this kind of money

right

from and K&K sexual where simple

gotta start in a high school have a good
race

have been tried to go to college a
better hopefully you know I'm gonna get

a good job on the mound IRS

then going to be better than anybody
else same isn't really whether they did

ok

all its case to the country about ten
years ago when he had a degree in

finance from moscow

his dream was to walk down Wall Street
any

failed at very early on that this degree
was in like 30

US he felt that he could be more

if seven years later a

no losing months he is on his way to
becoming a stock

I

I

there's a cliche you eat what you killed

and that's very much be culture on wall
street. waking up

and feeling like year on a hike I work
for nasa management company

and has about six billion dollars under
management

I have to be at work today across and be

pretty much bright-eyed and bushy-tailed
because I cover European markets by the

time that I get to the office they just
come back from their lunch break

a Christina

the coffee machine is gone wacko so far
no quarter in the coffee machine

my title yes her

precedent we're not big on titles there
Parker in here and to show

and then mike is an analyst and so
pretty much anything Parker once done I

execute I analyze primarily biotech
companies

that research and develop
pharmaceuticals my

yeah got a second I'll be as a hedge
fund we can do things that

traditional mutual funds cancer was we
can use leverage if we want to

had a dollar I mean at

all also we can

short sell which means you are betting

on the street was going down hey
Christina short

10,000 can be sure some 10,000

the risks associated with a short are
much higher

if you're in short a hundred dollars
stock the most you can make is a hundred

dollars

and the most you can lose Internet soho

it's a little good more intense
emotional way and that's why a lot of

people don't like the business

do

secondly Wall Street is a street down in
southern manhattan

on the corner wall street brought is a
New York Stock Exchange for what is wall

street in the water heaters

science its the biggest financial market
in the world

the silence on the morning and

yet shown Lord highly

competitive waste extraordinarily

intelligent people there's a lot of
competition

and you need to do everything stay ahead
of the pack how to 21 months we've had

one down one

and we would like to not have you more
than once for me

this is a 24 hours a day job I cannot
come all to my wife this month I did not

make

pointed I'm here to make money house was
be

wheel straight about this it's a holy
grail how do you say

Lois risk and highs for coming out it do

smoke during the final live right here

years American Stock Exchange were in
1987 as everyone knows market crash

on a Monday afternoon as I was standing
doing my job in morning trading

that you see below me or brokers who was
trying to get attention another broker

actually bit me on the shoulder because
I was in his wife I stood there stunned

it's a true story dusts

supply to the heart this book is for me
to explore it what i do.

represent on one side some the richest
investors on the planet

and on the other side we try to find
undiscovered

managers so we hope could be the next
superstar it's an art

discovering somebody's managers because
for the most part

they like remain below the radar I would
say

nine out of 10 gonna fail

his only go so far we've gone over a
short sale love

though I did the service go sit down
with my trainer and we we go through

what we have in the book and what do we
think sworn in any city today

do you want to add to positions do you
want to cut positions want to wait on

the ship life

we want to wait for them to open and
stabilize something hard

I'm even bernsen Bali on those it was
horrible

also it is a no go from

now here on the other hand check our
struggle on that and see whether

can't no have to sometimes for

that's why I'm show is something is

saltwater risk in the market right now
so we're going to be very very careful

about

what he do if I could talk to trading a
fair trade and guide it was on to it as

well

the way to do it I want to open
stabilize we've got two minutes you

gonna be here

for the time being weekend user with all
that

markets open what's gonna happen is you
have a flood warning

anybody was short yesterday and brother
and follow through my being honest so

what you end up with his

a very funky moving the very beginning
today

you should I reprise Rhino it's all over
the place

you wanna getting at those positions on
supply line right now

when he is working on a traitor

you'll never get his attention and he's
just has a laser focus

and he'll remain in these positions
until he takes his pound of flesh and

the market

home okay problem

all retiring means is that you don't
happen to work

hundred-point and the secret shoe that
is creating enough

assets for you to support yourself non

I work at a consumer sector focus has
fun I loved you

me with the management of the company's
build financial models analyze their

businesses and pick stocks

okay I'm gonna get a boat strong right
now I'm in the process of writing my own

has fun

fire had fun there's a lot of things
that have to happen

yeah a strategy and you basically have
to build the team

before your business day one investor
giving you money they expect you to

start performing

they too another guy was on for us is
the primary

CEO the last time some ass I'm sure
right now we are closing on

acting because we're worried about the
new guys

resignation count him at the picky I
think when you are

a company and you're trying so hard to
that play in making making a product

and you see how all the analysts are
betting on whether or not the company is

going to be right around

I'd rather be the company's action
making something and being the Weasley

analyst

whose actually predicting with an
upcoming think maybe

and I don't see we think it may be that
way but yes sometimes I feel that

it more honest to be the on this is not
a great party

but scratch all that scratch scratch I
rugby the person's actually making it

happen verses you betting what that
means gonna go up or down

the nefarious image that short sellers
are betting on destruction and lawsuits

well said and we don't want to

have people profiting from other peoples
lost there some countries

the don't allow shorts on France you can
short sell it for us

I think that's really short-sighted
short-selling

serves a really important Kabul purpose

short sellers are often ferreting out
information

other companies are trying to hide
what's the deal with the

possible a file on this is too slow who
cofo there

and you think he's confident a healthy
market is one where

information is broadly disseminated and
and

honestly disseminated there's no shame
in Troy

also to wall street he's among so-called

Press these ads are as only the germans
controlling

come up with this work it's it's the joy
the

and revel meant are seeing somebody else
they'll you can record up to call

I just got a call from a German quiet
all a hundred ok

and he asked me to throw caution I was
born in Germany

and small-town a middle class family

Clinton Monroe as daughter then iterate
and father and German mother

donde should this better nothing ever
indicated then

I would actually make it to New York
City down the road cuz it's really a

long shot

especially considering that I state law
but it was always my dream

to one day make it to the United States
you know might have very quickly

I get a lot of phone calls emails most
to them

I can chill on answer right away tried
to get him out of the way

we want to be able to increase

for leverage be a little more aggressive
I have made deals

the ratio capital from primarily
institutional investor orders

and then we structured finance put that
money in there

and we measured for them I find it kinda
shell

elsewhere the Securities are being
provincial I mean and then I was gonna

be fifty million

only one around had pretty quickly
actually 250

508 some deals are really sexy sometimes
it's exciting to close the deal

love energy and testosterone comes
together every so often know if you want

to feed your mind

some other stuff too maintain and expand
other don't mention

friend think I took up a quantum physics
and my spare time

and it for non-scientific perched on
mathematical but

it's very interesting you know because
if you will

work on Wall Street thing can tend to be
a little one-sided

and so you want to feed your brain
something else

for change on it's interesting that
we're all working with the same data

we all have the same earnings forecasts
reports

but the incredible thing about Alex's he
reads the way

the market interpret spectator he kept
in sync with the market

the gym with wanna go gym tonight seitz
for three years has been looking for

then I got the into the wall shit got my
license is

ever become a teacher how I make money I
do a lot of charts

a probable 27 or even the charts they
will love how did the finish

doesn't happen two goals its usual was a
huge star

for what I will do about basketball gold
and steel and she was gonna go

we can we talk we probably 500 or 1000
tragedy

which year was going to be in the next
30 seconds amid

two minutes a variety of different girls
and is nearly 10,000 people like we're

to figure out every time I'm by the
computer I compete in the gives the

person like me to ask

if you made money today somebody is work

you know look into getting and the
problem would make much more money than

they can right now

but they can a much significant losses
and be more volatile

probably be up to a thousand dollars be
down ten thousand dollars but this is

not my style

every months you have to be up you have
to give the paycheck

close this is what's new in serious
studying has come up

this is a first making a decision is a
little easier to take a shower

you gonna getcha the train is by here
sell their

hedge funds by here trying to sell here
begin with the right here

call for the solar with who

hear from the same is ok

the summer job in dubai also hun a hard

seen somebody out the secular

the things I really like about Wall
Street and the things I don't like about

what

the great thing about it it really is a
melting pot

was a meritocracy to it and stigler

I but its it's based off of Barrett

usually he changed his name to inherit
money

hahaha like okay I'm shame other

what I don't like about Wall Street is

there's a too much the and urgency

on this exact moment slipping in and out
of stocks

pace it a little bit more I mean this is
a mass of its not a

buncha wince Press smoke

on wall street they're two different
sides of the street as the buy-side and

sell-side

the difference really easy to understand
if you're on the shell side you're angry

the guy you're talking to you

yeah slammed down the phone before he
say you you're on the buy side

you get to take home with them hang up
the phone

ok patients

patients with cancer gotta be able to
take advantage in a double-overtime

Baycrest want you to hold on that Apple
for it

three minutes this is like being an air
traffic controller comes

it is as stressful as a cause you might
think you're

on Sunday 4 percent split a five-percent
gotcha

and it starts moving away from you to
finance line at 1:50

are not in control of the information on
to control the market

it much like an ER so you never know
what's gonna hit you timings rate this

everything all haven't got one yet for
months true

but you have to understand that the
reportedly Justin were never questioned

before

should only give them one day in one day
doesn't happen

3 because ok stresses the biggest

challenge the most do is a traitor your
hedge fund manager institutional traders

anything that moves to visit you
stressed

it has a tendency to burn people out is
nobody

it's been around for any period of time
that hasn't had

many sleepless nights thinking

what the hell did I just do and the
person

it hasn't had a sleepless night I
wouldn't trust him with a dime

because 22 cocksure guys start to
believe that they're invincible

just take a moment before

about to take appease for the moment at
your stress and under pressure

advanced perform

the

so today for the moment it's a
profitable day

to pick up forty took me very happy you
can never rest

are else here it's really important to
be humble

because the market home with you

in instant is an old expression at the
market

has a paddle big enough to get anyone a
spanking

for me these or four o'clock becomes
more as a freshman

the number one he cannot walk away from
this business

all the people may try to make money
would be tried to do it

they tried to enlist circle you love
what you do in this look on the job

which produce a lesson good for you good
enough money away you can

was winless and support the flesh of
bullshit is all about this is a bar

Mike for me money is just a tool to live
the life

I want to miss

ok

my father made a lot more money than my
mother did

when I was 11 years old being bored had
a huge impact on me because

a lot of his salary went with them ok

it made me determined it I would not
find myself dependent

upon someone else to support me do

the other aspect of the job does called

a lot of traveled which for better or
for worse

look enough like your personal life but

family no i'm taking a client I

I'm taken for golf actually will be back
Monday

ok

the

if you don't have a real love what you
doing here ya go to survive

in my life so the community times as
hell

want you to stop and you know

i spose question is stop them then you
want

you can't work gone viral RNA shared
softwares

and happiness

be completely governed by the volatility
in the tailhook

I she people get seriously
manic-depression

that walk best-selling funderburk

I and they just couldn't handle the ups
and downs

called here for full access

I think Elijah cautious

is timing which shelf can be

caution walk are like

I guess it was Napoleon sure to bring
you the lucky Jess

sometimes you make your own luck

ok

ok

saying he's an incredible network our
legal abilities

and communicated skills just take a look

maker incredible and different everyone
wants to sign a contract

same and the reality is she's gorgeous
what she comes into the room you say

with the

she doing here but never underestimate
say a pic to show know the facts

said his brilliant when I came over

on the United very few people and I
started from scratch

networking sandy is helping me

search and identify undiscovered

superstar managers here

die in Iraq with help from Germany
someone tenor

tonight

it's a great place to network a smoky
bar there will be a lot of

important people corporate people of

greater how this work

love making me feel young but that I
don't wanna keep you

that circulate YouTube dollars

show all be on the ball if you go there
read the rest

most other yes

I'm like

networking is really key because he
cannot

survive in this business pages sitting
behind you cash

I'm very happy where I'm at now

but I would like to keep on growing

one party that maybe transitioning
further away from just

putting together deals to manager
selection

thank you yeah

take when I came here there are
instances where

I felt lonely because I was wrapped up
in work and

you know I didn't have that many friends
thank you

you and downside to being a successful
one minute said

can always been working and before you
know it another year has passed another

three years have passed and then

you get another great offer and play
coming in a little bit sidetracked

I may have happened a little bit in my
case of

it

round

showing yeah okay I miss you never too
late some still

looking forward and hopefully starting a
family I think that would be most

importantly

yet

but I think wedding proposals are gonna
be

your biggest challenge do you know

guys are all washers

go out being number one markets I'll
hold off before so I salinity

dry and losing money

right grown and I doubt it

yeah it was all good stuff thing

yeah

goes a conference call with accompanying

I just one other guys on a call i think
i neva wanna just

your own and on the money checked hit

but first time every time

clearwater is now self

are