Why I hate the Wolf of Wall Street Movie

The Wolf of Wall Street was a fantastically entertaining movie, but in some ways, I can’t stand it.

The reasons are:

1. It perpetuates many myths. For example, that it is still possible to money launder and use offshore “shelters” to hide money from the tax authorities as shown by this scene:

Now sure, the movie was set during the 1980s and early 1990s, and much has changed since then. The public hasn’t always changed their minds and stereotypes though.

2. That finance is all about greed — sure some customers and financial service providers might be that way, but it is a minority . The movie implies that Jordan Belfort, his workers and indeed clients, were all just guided by greed.

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