Wall Street Warriors Season 1 Episode 1: Capitalism Rules
Wall Street Warriors is a documentary and reality TV series that details the lives of various Wall Street entrepreneurs.
New York Stock Exchange on Wall Street in New York, United States. (Photo credit: Wikipedia) |
Wall Street Status:
Over the last 5 days the market dropped 300 points
Is the race to the top a marathon or sprint? Guy explains the importance of staying patient on Wall Street, while Parker defends the risky strategy of short-selling. Sandra gets her schmooze on at a networking event. Jill, retired at 27, works diligently on building her own hedge fund, and Alex teaches his young son some important lessons about success and hard work.
Street Talk:
NYSE (Photo credit: Wikipedia) |
Hedge Funds: aggressively managed portfolio for small groups of wealthy clients
Short Sell: selling borrowed stocks high, buying them back, returning them low, and pocketing the difference. Risks are much higher and you can lose more than you make
Leverage: using borrowed money to increase potential return
Healthy market: information is broadly disseminated and honestly
Season One features the following people:
Warrior/Nickname
Timothy Sykes The Start-Up
Alex Gerchik The Day Trader
Sandra Navidi The Deal Maker
Parker Quillen The Portfolio Manager
Jill DiLosa The Analyst
Guy De Chimay The Fund Manager
Bob Nunn The Specialist