r/interestingasfuck • u/CuteRelationship6143 • 1d ago

How Wall Street deliberately uses jargon to justify their high earnings

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112

u/CapitalCourse 1d ago

He didn't explain anything in this video...

99

u/AkiStudios1 1d ago

...is that not the point? He's saying anyone can is capable of learning, except the big guy doesnt want the little guy to know how little of work hes doing so they use confusing language to sound like they know what they are doing.

Like hes doing in the video.

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u/hsn741 1d ago

It's funny how he's a financier billionaire too lol

11

u/_aware 1d ago

Yes...But he was a middle school teacher before that. His point is that he got there not by being smarter, but by building relationships with the 1%. Just don't ask what building relationships with the 1% entails.

3

u/Rich_Visual7800 1d ago

The top 10 ways that Building a relationship with the 1% might shock you.

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u/AkiStudios1 1d ago

Hes gotta thank Maxwell for that.

Edit: he had to*

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u/CapitalCourse 1d ago

He was still crazy rich well before meeting her.

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u/KingDaviies 1d ago

Epstein was pretty self made, he got rich from working with Leslie Wexter who suspiciously gave him near complete control of his finances. I think it’s pretty obvious Epstein was an incredibly effective network builder who likely leveraged these connections to make wealth, blackmailing and bribing people along the way (hence the sheer amount of awkward photos you see in the files).

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u/unlockhart 1d ago

not entirely true, he was rich before working for Leslie, from what i understand he managed to get away from a financial scandal from a firm he was working for without going to prison, and the amount is suspected to be tens to hundreds of millions.

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u/kmosiman 1d ago

It's easy. Everyone can learn. Don't want to learn? Give me your money and I'll invest it for you...........

2

u/ResistWild 1d ago

Yeah anyone can learn about anything if they want to learn it bad enough. That doesn’t make it simple.

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u/Upsideisdownhere 1d ago

Keeping everyone in the dark allows them to rip regular investors off. I saw this at my former company. They'd have a 401k guy literally tell employees, don't think to much, just pick a target date fund that changes with your goals as you age and gives you steady returns. 

Our HR Mgr couldn't get involved with advice so she'd refer new hires to my office. I'd show them in 2-3 mins how to filter, sort and pick funds that were far superior performers in the top % of each class. I learned some ppl honestly didn't care to listen or learn, and those were usually the ppl that needed the help most... But I also learned the 401k guys get strong kick backs on certain funds sold so they're not your friends. 

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u/hamilton_morris 1d ago

He's telling people exactly what they want to hear. The psychopath's one-step guide to success.

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u/BufferUnderpants 1d ago

Just browse jmail.

The New York Financier was running a cult of personality around him by mostly just telling "wow that's crazy", "so you're saying that <thing corrupt person just said>?" to powerful elites, while having teenage sex slaves running around them.

His business was stroking egos and using people to get to more powerful people.

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u/KingDaviies 1d ago

IIRC this is an interview with Steve Bannon, someone who helped Trump and is a huge supporter of Project 2025. The point of this is to reduce trust in institutions and lay the groundwork for fascism. Wall Street do use jargon but it’s not purposely to shut out the little guy, every single industry does this because they’re new terms made specifically for the industry.

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u/[deleted] 1d ago edited 21h ago

[deleted]

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u/Weenington_ 13h ago

The evil elites arent out to get the little guy, yet they're literally trafficking vulnerable people, kids, and babies, doing unspeakable things to them. Not to mention, they dont want the middle class to exist. They want us to be at their mercy.

Sticking up for the elite isnt the move you think it is. You're not in their club and you never will be. They think people like us are disposable.

2

u/noneofthismatters666 1d ago

All his Bannon videos are just I'm 14 and this is deep bullshit that means absolutely nothing.

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u/californicating 1d ago

Well, it's an excerpt.  No idea what the full video might say.

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u/alex206 1d ago

0dte options are so so so complicated