Were things really as crazy as Scorsese made them out to be? Ritholtz Wealth Management financial advisor and “Reformed Broker” Josh Brown recently went on Yahoo Finance’s Breakout to help separate fact from fiction and discuss how things really were at Stratton Oakmont, the brokerage on which Scorsese’s The Wolf of Wall Street is based.
The film depicts star Leonardo DiCaprio’s character and those around him as “dwarf-throwing cokeheads,” and it quickly became director Martin Scorsese’s highest-grossing film of all time. But does it really represent reality or anything even remotely close to it.
Josh Brown knew some of the people at Sratton and in the video embedded below, he discusses how much of the firm’s practices — and partying — in the movie were real and how much was spiced up for the big screen.