‘Playing field is dramatically tipped against you’: Jordan Belfort on investing ‘mistake’

Jordan Belfort says the “mistake” people make when they invest is to think they’re going to end up ok, but the playing field is “dramatically tipped against you”. “The mistake people make when they invest – because, you’re right, you have to have fun; and I specifically say you should speculate, and I go through how to speculate carefully – have fun, make money,” Mr Belfort told Sky News Australia host Piers Morgan. “But the bottom line is if you think you can take your money that you save and speculate and you’re going to end up ok, you’re not. “You’re going to mostly get destroyed because the playing field is dramatically tipped against you. Mr Belfort joined Mr Morgan to discuss investing, Wall Street, cryptocurrency, Donald Trump, his time in prison, and the first thing he did when he was released.