Experience Wall Street Stock Trading In 1980. So Primitive. But I Lost Money Back Then

In 1979 when I filmed this Wall Street was a very different place compared to the present day in terms of technology. At that time most of the trading on Wall Street was done manually by human traders and there were very few electronic trading platforms. One of the folks I interviewed said the obvious - it's either fear or greed that drive us on Wall Street to try and make money for ourselves and our clients. I should've been aware of the fear. But I certainly felt the greed- though I lost money every time in the market. Smart I wasn't.
The were phones. They were the primary means of communication on Wall Street. Traders would call one another to place orders, negotiate prices, and discuss market conditions.
Ticker tape was a machine that printed out the latest stock and bond prices as they were reported by the exchanges. This allowed traders to stay up to date on market movements in real-time.
There was Quotron, an early electronic system that provided traders with real-time stock quotes, news, and other financial data. It was one of the first electronic trading systems to be widely adopted on the Street.
There was Telex, a telecommunications network that allowed traders to send and receive messages between financial institutions around the world.
I filmed this video using Betacam SP content. At the time the trading floor seemed a bit nutty . I didn't understand what was going on and it was gobbledygook to me.
Looked at today, it still is very confusing and I suspect that some of my subscribers will see this as essentially unchanged from what it was back then and others will see what computers and digitization etc. have done to radically alter Wall Street stock trading.
Viewers have asked me about my Wall Street experiences. From time to time when I have had extra money, I have invested in the stock market and every time, without exception, at the end of the day, I lost the money. If I had invested in my own filmmaking or in any of my hobbies such as collecting photographs, I would have done so much better. It seems to me, my own personal experience, that the only people that end up profiting by stock and bond trading are the traders and the companies they work for. And it is amazing when I study it how many people are drawn to this video when searching words like investing, personal finance, retirement, credit scores, debt management, wealth management, crypto, taxation, financial planning, and entrepreneurship.
Looking back trading on Wall Street in 1979 relied heavily on manual processes and human interaction. It was not until the 1980s and 1990s that electronic trading platforms began to gain widespread adoption, ultimately leading to the highly automated and computerized trading systems that exist today.
Search the words "Wall Street" on my KZbin channel and you will find more clips from New York's Wall Street and others. To support my efforts to present more videos like this one, please click the Super Thanks button below the video screen.
Thank you
David Hoffman filmmaker

[@juanvillafane9552]

Imagine getting a call about game stop for the 900th time a day

[@jamiegaskins3687]

And 80% of them just calling for 1 share

[@shortcat]

Do you have Battletoads

[@TrveIrrlicht]

"You want to sell 1 GME? Ey everybody, I got mister Paperhands on the line!"

[@palillo2006]

@@jamiegaskins3687 naw fractional shares. I would like .2 of a share of GME at a stop limit of 245.32. 😂

[@amazingabby25]

TrveIrrlicht that will be 9.99 per trade, fee please.

[@katherines6322]

What I thought work was like as a little kid:

[@succulentravioli954]

lol so true. And the stereotyped dreaded cubicle job. Now I realize I want that high paying cubicle job

[@ethan_rummel]

Succulent Ravioli fr

[@Vikingofriz]

@@succulentravioli954 nah fuck that shit, that’s not what life is supposed to be

[@succulentravioli954]

@@Vikingofriz life isn't supposed to be pushing carts and flipping hamburgers for the rest of your life either, but unfortunately, that's the majority of the united states (obviously not the only wage jobs, but just a way of generalizing things). I'd rather suffer by getting paid a lot more

[@Vikingofriz]

@@succulentravioli954 fair enough. I just think this isn’t worth it, there are other ways of making money. Why live at all if you’re gonna suffer 5 days a week doing some dumb shit for the most of your life.

[@Zumanji__]

The definition of “organized chaos”.

[@crypastesomemore8348]

No

[@aitotem]

More like "chaos barely organized"

[@darkpope6667]

More like "organized crime".

[@ifeelcoke4347]

@@darkpope6667 what crime is happening here?

[@Ken-no5ip]

I Feel Coke None, but poor idiots need a way to cope because they dont understand money

[@juansek208]

Can you imagine being the new guy on your first day working there? Holy Shit.

[@jinxy7869]

coke will take care of you

[@ZOCCOK]

@@jinxy7869 dude you watched wolf of Wall Street too many times

[@dlozza2000]

@@ZOCCOK except it’s real 😂

[@werdsfanklf68]

@@ZOCCOK lol you’re very naive if you think coke use wasn’t prevalent in that environment

[@leckytv2579]

Holy *shift

[@SKC_car]

and nowadays all this can be done from your pocket, damn

[@quinnh4313]

I mean yeah but there’s still people behind it. Maintaining the software that processes those trades is a lot of work

[@agees924]

Thank heavens for that!

[@leoalphaproductions8642]

Yea it’s crazy

[@antonio77italy]

It's been like that for about 22 years now... Wake up

[@Gumiplay]

Imagine that.

[@ultimateshreds9266]

my mans is trading Doge in one ear and ordering Popeyes tendies in the other

[@MrDinglin2694]

😂😂😂🤣🤣🤣

[@onlyfacts3101]

Just chill.

[@stephenkarpath]

🤣

[@hwago123]

no that's trading in 2021. Trading on Robinhood on a virtual platform and ordering food delivery on the other. Back then it was making trades through voice calls on one phone and instead of Grubhub it was their cocaine dealer on the other.

[@gerardobarron3448]

😂😂😂

[@anthonyvilla9960]

"I want 5,000 shares on this meme stock Johnny"

[@HIDHIFDB]

WHAT!!!! Did you want 15,000 on Doge??!!?! OK!!!

[@harpper9991]

@@HIDHIFDB “make that 20,000”

[@ok-tr1nw]

Johnny always remember lesson 500

[@nikhilrajateta9647]

619likes

[@creationterminator]

@@harpper9991 no make it 50/50

[@adamchurch8736]

This is what Runescape was like before the Grand Exchange.

[@ProfeFut]

Facts

[@saintburnsy2468]

Oh dang talk about nostalgia! I miss the old days. "3k for rune scimmy!" "need rs gf"

[@patricklebaron837]

For real

[@jeffalfons4724]

ooh yeaah i played it almost like 12 years ago i was rich af before Grand Exchange

[@dgjFOURlife]

Dgj911 was my acct

[@jeremybarnett3945]

It’s like being in a casino that doubles as an auction house.

[@tomasleitao1775]

Its like you dont know what youre talking about and how the markets work

[@big120treez]

I assume Jeremy was talking about the way it looked from the outside. The atmosphere of it all. Watching this short clip, using your imagination, and forming an opinion. Although, I would add, it also reminds me of betting at the horse tracks, without the horses. I did get the chance to go to the tracks a couple of times. Had a lot of fun. It seems a good majority of Americans, day to day life, are not affected by the stock market much. It all seems very hectic, especially back in this film's era, but also interesting.

[@annuitcoeptis9997]

I would argue that is a pretty fair description. In turbo-capitalism investing is basically gambling. That is why you cant teach succes on the market. Or do you know anyone who read some stupid investment guide and then became rich? No. Rich people just publish those in order to make more money, but noone publishes a book that says "I did what some financial expert told me and now I'm broke" Because noone cares. Because that happens to thousands of people every day. Neither stocks nor money is even a thing, it is a terrible concept that the system forces on everybody. This will end poorly. Remember black friday. Remember the words of Marx and Mühsam.

[@tomasleitao1775]

@@annuitcoeptis9997 Chart analysis and risk management techniques can improve your odds of succeeding with your investments and there are certain indexes, commodities or currencies that you can invest in with basically 0 risk, so no, its not a casino, thats what the public thinks it is without knowing anything about it.... And money is a thing, your marxist theory is irrelevant when the vast majority of the population is willing to trade goods and services for what we call money which is an asset backed by a comodity with intrinsic value, for example gold, the dollar isnt money, its a fiat currency

[@andrewyounkins4985]

@@tomasleitao1775 Do you know how betting markets work?

[@RobLoach]

This gives me anxiety. So much room for human error.

[@DaGleese]

The market likely moved quite differently as a result. These days with digital trading platforms executing orders immediately from your pocket it's harder to get in before the crowd does. I bet if you had a few good guys working well together back then you stood a much fairer chance of making big profits on swing trades.

[@chevon1920]

@@DaGleese yes, if you were really rich already. A regular person would have no chance.

[@Wulfcry]

Being from the eighties that 80'ties mindset of that era is totally different than the anxiety mindset of this era and there only two decades between. Go figure how human mentality changes quickly over a time span, we've truly seen allot but I guess it wouldn't be any different for people from the sixties.

[@LegendaryBrandon1]

Market reflects human spirit. If you have TRUST in a company and buy in and advocate for your position. You will profit.

[@Nyandere_the_Bakeneko]

There is still even huge human error with technology. Some places have lost money with a simple code written wrong that has unsold or overbought. I read one where a guy lost $2million dollars, if I recall correctly, with a press of a button.

[@CanadianPrepper]

Its amazing anything worked back then before the internet!

[@wut6922]

Yeah everything was a lot more manual and physical. It makes you think. What happened to all these people when computers started to take control? From what I heard, digital trading has been around since the 70s. But never caught on until the internet came about in the mid 90s.

[@kakyoindonut3213]

advanced technology in an exchange of human power

[@racecardriverrr4201]

but the internet was invented in 1983

[@bowflexman3485]

@@racecardriverrr4201 Al Gore invented the internet

[@marryson123]

LOL wtf are you doing here, and where is the All American Prepper?

[@TheZoeBig]

It’s impressive how complex human organization and communication can be

[@jesterthelegend926]

Imagine fucking up a zero or a decimal somewhere.

[@craphappens55]

Unexpected YOLO

[@talentlesscommenter1329]

Oppose, accidentally added 500 billion to my bank account, my bad.

[@FlavioAntoniofull]

Sometimes a trader fat-finger a digit and cause a panic for a hour or two

[@yellowbeaver65]

they didn't use decimal pricing then, stocks traded in fractions of 1/8 back then..

[@Maxmillion77]

That's when you get guys jumping off the top floor

[@yoboy6319]

I wonder how much cocaine was snorted in this building on any given day. These dudes were moving a mile a second, i think double phone guy was calling his dealer on one and trading stocks on the other. haha

[@KellySKline]

“It’ll keep you sharp between the ears. It’ll also help your fingers dial faster.”

[@ravenashc3425]

lmaoo

[@YugisCharizard]

My dad who worked on the floor 30 years ago mentioned that it was heavily prevalent

[@becomematrix]

🤣🤣

[@stephenbate3778]

yo boy probably were ya hahhahaa

[@123ffree]

Somewhere on the floor a young man is running shouting "AMC TO THE MOOOOOON"

[@mharoon70]

😂 😂

[@sidechain0]

Moon didn't exist back then.

[@Down_Triangle]

@@sidechain0 the moon was invented in 1969 so it did exist by this video's time.

[@Adhjie]

@@Down_Triangle yes neil actually snuck up a crypto on the 6km off landing site id even want to know how stock Moh forgot the scale in land of lustrous's moon works alotta of em

[@AmritSingh-mj8bt]

too bad the moon was occupied by the kmart corporation

[@fornello123]

Amazing that they could learn so many hand signals to communicate “doge coin,” “diamond hands,” and “this meme stock is headed to the moon”

[@erikeriks]

Wall Street is like a movie to be honest the entire vibe it gives off

[@Mob-es9jm]

You mean like the movie wolf of wall street?

[@dizzitube84]

@@Mob-es9jm or the movie Wallstreet

[@TehUltimateSnake]

or like every movie that depicts wall street?

[@zakur0hako]

if there were no big movies about it nobody would think that way

[@Jtworthy1]

I have no idea what I just watched lol how do they even read those computers and what are they calling out, who are they talkin to?? That job would give me an aneurism

[@Gunshinzero]

I almost got one from watching!

[@randmnumber]

75, 22, we got an 86 over here

[@katherines6322]

@@aj897 over the phone

[@jpdude7274]

I used to work on the PCX in the 90s and 2000s it looks crazy but it’s actually very organized and a ton of blow every where what the movies show is kind of an understatement of how much was done

[@alainportant6412]

@@jpdude7274 you mean prostitutes

[@danthelongman]

Plot twist: there wasn't anyone behind that call, he was just having a nervous breakdown because of the stress

[@samuelmontypython8381]

I live in Japan and I can say that the hairstyles and clothes haven’t changed one bit for businessmen 😂

[@rekamud6635]

@arfirv chodury oy vey no way!

[@doubledown8229]

@arfirv chodury Japan is not homogeneous.

[@alainportant6412]

@@doubledown8229 Fuck off it is homogeneous.

[@alainportant6412]

@@rekamud6635 this is like a second holocaust

[@drek273]

because you guys barely have a soul. you live to work and work to live. Work and money is the highest form of existence for you all

[@nette9836]

The whole double phone thing is hilarious. 😅

[@glovepro1256]

Maybe hilarious is the wrong word.

[@markuzzepeda2102]

Skillful of their job I’ll say

[@Martinit0]

so this is why we have two ears

[@RayoBeatz]

saves time and makes you money remember what will smith said in that movie pursuit of happiness? he increased his calls by decreasing a bunch of small things like not hanging up the phone.

[@flavedrops6073]

Not so hilarious. Nowadays Im sitting on my toilet with double Smartphone and trade. 😅

[@bhud1972]

Man, when I was a kid in the 80s, I used to read about the markets and watch as much financial news as I could. I loved the markets! Fast forward to the early 2000s, I was a bond trader and portfolio manager. Did that for about 10 years before the job pulled out of my town and I had to reinvent myself in a new but related field. I miss it, and I miss these days of seeing open outcry trading. Thank you David Hoffman!

[@centralprocessingunit2564]

can you show me how to trade stocks? i just finished high school and i have no future.

[@bhud1972]

@@centralprocessingunit2564 well don’t trade stocks. Go to trade school. Electricians, Plumbers, A/C guys are killing it!

[@dapperblue6165]

@@bhud1972 ones using their brains, others using their hands to make a living... you be the judge!

[@bhud1972]

@@dapperblue6165 not sure what that comment means. I have one friend who owns a plumbing company. Another who owns an electrical company. Both make 7 figures a year, even in bad years. Any tradesman that they employ at the master level makes well above $100K annually. I’m a commercial banker that manages a team that includes sales, credit professionals, and administrative staff. I would say I use my brain for work, but if I had really used my brain, I would have picked the trades back in the early 90s when my friends and I started out. I make a good living. Just not like those plumbers, electricians and A/C professionals. Using your hands to make 7 figures a year is really using your brain by my standards.

[@ryderwashington4199]

@@dapperblue6165 And both will get replaced... the only field that won't ever have a con is programming.

[@G_techlab]

3:04 Someone broke that phone earlier in anger. 😂😂

[@Hello_am_Mr_Jello]

Lol

[@SkinnyCow.]

And none would pass a drug test.

[@lutfisksoppa2122]

Why come?

[@humzaalam4072]

What do u mean

[@peteaxe2067]

@@humzaalam4072 Wallstreet guys did alot of coke

[@srikarprayaga2534]

@@lutfisksoppa2122 watch wolf of wallstreet

[@ADeeManz]

Gotta be high to do a job like this 😂

[@intensivemanagement]

I hold more technology in my hand than all those banks of computers. The 1980’s discos I miss not this confusion. Thank you David Hoffman- filmmaker

[@konrad3]

Are you sure your phone could handle more than 200 inquiries a second😂

[@dapperblue6165]

Guess what... in 2041, those ppl would think we were cavemen on our phones trading on Robinhood!

[@intensivemanagement]

@@dapperblue6165 I agree ☝️

[@konrad3]

@@dapperblue6165 Don't know about that Trading already seems pretty well automated. What do you think trading will look like in 2041?

[@fallenxangel105]

@@konrad3 Artificial intelligence trading maybe

[@davidellis5141]

What a frantic pace these people worked at. For them , money was time & time was money. Not a job for the feint of heart.

[@shaunw9270]

They all looked about 40 years older than their real ages I'm betting !

[@MonaLisa-zz5cv]

@@shaunw9270 40 years older? You mean 40 years richer.

[@shaunw9270]

@@MonaLisa-zz5cv They probably died of heart failure long before their time. It's money anyway, doesn't mean they're good . I've met people who are dirt poor, who would give you the shirt off their backs but I doubt if these money mad types ever tossed a bum one cent.

[@dapperblue6165]

David, lets be honest the ppl in the vid are prob sitting pretty now, 65 retired with young grandkids and spending time on a boat drinking fine wine!

[@bert_xy]

The two phone guy is still hearing voices in his head as we speak

[@analienfromouterspace]

"You gotta pump those numbers up, those are rookie numbers in this racket."

[@braxtonslife7779]

Back when you could make a living off of being a “middle man”

[@ThePunter209]

You still can. Just go to a developing nation in Asia. Middle men make the most out of transactions

[@brazos.capital]

I don’t even understand what’s happening. And to the gentlemen promoting middle men in east Asia... your day has come, and it is fleeting

[@Hello-ww7xr]

what do you mean

[@chevon1920]

People still do make money off of being middle men, market makers and such. Edit: also human brokers still exist, you can phone in orders at some places. I had to do that with a trade with ally I couldn’t get right but it think it cost money, I can’t remember, it was like 4 bucks or something.

[@everythingisfine9988]

@@ThePunter209 true that. Middlemen rain supreme in countries that lack rule of law.

[@florence3502]

I recently quit a job on a large trade floor because of its chaos but this is on a whole new level. I can’t even imagine what that would be like. Thank you for sharing!

[@Dreamskater100]

Can you see film like the job on a large trade floor you worked on on youtube or somewhere? So is it worse back then in comparison? Very interesting.

[@NiNGalaxU2]

How did the workers survive mentally? Concentrating on two phone calls at the same time with many things to remember on each ear. Respect to those people. I hope they are doing alright these days.

[@Dakid015]

Yeah hopefully some of them got some good therapy. Especially in 1987

[@mattvesta5721]

Cocaine and hookers my friend

[@zegotinha1210]

And 40 years later, we return to monke.

[@mirzatajic89]

I've recently begun trading in securities and it has been made so simple using modern hardware and software. I've never had to call somebody to purchase a security. How fast things become obsolete as technology evolves, it's incredible. Thanks for posting these old videos.

[@kevindao1103]

Surprisingly, most of the major brokers still offer a dedicated line if you still want someone else to do it for you. Even I was surprised when I tried it as a youngster at my firm in the present day.

[@GmanDaGlitcha]

@@kevindao1103 Yeah but it usually cost more § has a fixed fee like 5 bucks. So only good for 1K+ transactions and not tiny 20 bucks ones.

[@steveroman3729]

@@GmanDaGlitcha Actually it cost $20 dollars to trade with your broker over the phone, some places it's $50.

[@KING-lw8nv]

Is this the live action Old school: Runescape Grand exchange life

[@Nyandere_the_Bakeneko]

purple:wave2: Selling 1k cowhides 100gp each!

[@johnnyk2929]

Hahahahah

[@ttomproductionz]

Buying GF 10k

[@Nick-sd7um]

Fuck that brings back memories. I was a simple man who fished lobster and sold them in varrock. I am surprised I even remembered that name seeing as it's been about 15-17 years..

[@Parskahye2]

😂😂😂 that’s funny

[@PooDotStinkPants]

These days when you see a person on the phone and a tablet at the same time, they're actually undercover brokers.

[@bigstabby]

One of my old bosses' father managed a table at some stock exchange in the 90s. He said he would come home and beat the family. One day he sent one of his guys on the trade floor to the hospital knocking him the back of the head with a stapler. A term they call "blood on the floor". He's retired now and works at Home Depot. He's a lot happier.

[@spacecait8593]

he would beat the family ? 😐

[@aitotem]

Makes sense. A lot less staplers at Home Depot

[@jasoncamacho4855]

spacecait yeah he would just casually beat the fuck out of his family

[@bigstabby]

@@spacecait8593 Yeah he would. Probably for little things like having to repeat himself...

[@Nate-ur6rq]

@@bigstabby sounds like coke abuse

[@wdsracer]

2:07 that looks like a fun job lol...

[@dennisneo1608]

I'm stressed just watching.

[@omnimode4804]

Barzini: "He was banging two calls at a time.... yea I had to straighten him out"

[@kin2955]

This looks much more exciting than trading today

[@keeganpenney169]

David thank you so much for posting! As a younger person interested in markets I love this old stock footage and hearing and seeing the emotions of a pre modern era wallstreet.

[@kaypricooted]

What are they even signing? Is there a special wall street sign language? Was this really the best way to do this? I'm so confused by stock markets.

[@scrbchrm0]

i would imagine it developed over time as a sort of one of a kind dialect in the corporate fish bubble. because of how times have changed, i imagine it's gone obsolete. so what we're seeing is an interesting little time capsule, a forgotten language.

[@TheInsaiyan]

Yes, they developed their own sign language bc the shouting got too loud to understand each other

[@richardhaas39]

They did this at the AMEX as well, but not the NYSE.

[@christopherwalsh3101]

they took it so seriously, and now its something we do on our phones, while watching tv!

[@centralprocessingunit2564]

do you trade stocks? can you show me how. i just finished high school and i have no future.

[@Fallingmonsters]

"Four fries, two onion rings, and cokes all around, thank you"

[@forbiddentuna3127]

"Sure thing, and how many grams of coke sir?"

[@maxpolentz4569]

@@forbiddentuna3127 “four.” “was that four sir?” “yes four ounces”

[@nerdbamarich2063]

Watching old footage is always so nostalgic for me thank you for posting this my friend😊

[@no_one_of_that_name_here]

Pens and notepads! All that beautiful obsolete technology.

[@dadgonegamer2654]

Imagine trading options this way? Fuck that.

[@wut6922]

Let alone day trading.

[@ThomasFoolery8]

They still do now. I was a clerk in the commodities pits in CBOE. They arb and use hand signals for all of the option details.

[@wut6922]

@@ThomasFoolery8 I almost forgot that CBOE was still very much doing that. Such an interesting thing to see in these modern times.

[@mayoo6545]

back then people didn't really trade options as a way to make money it was more often used as a hedge as opposed to nowadays. but i agree this would be fucked 😂

[@Turboy65]

Imagine being a young broker in training and today's your first day in the pit. If you screw up you'll bankupt the company that you work for....or at least do serious harm to it. No pressure, right?

[@ryanhovland6203]

This footage is incredible. What an awesome channel.

[@DavidHoffmanFilmmaker]

Thanks so much!

[@SkeeNnN]

Great and interesting footage as usual!

[@titovanhokie]

Damn, human sure are amazing, i can't imagine if i live back in those days, today we can do anything while drinking coffee at our desk.

[@rumpelwurzwurst4308]

Thanks for uploading, interesting footage!

[@marathontre]

Me after I purchase one AMC share. 🚀

[@SiamHossain7]

🚀 to Pluto brother

[@Unknownbeast703]

Hell nah. Amc stock is garbage. It will go back to 2$

[@katherines6322]

@@Unknownbeast703 whatever we did for the meme anyway lol

[@HeroDai2448]

HODL

[@rekamud6635]

for the amc holodeck

[@felipeguimaraes1359]

1:10 it's no wonder Black Monday happened when you have Leslie Nielsen trading stocks! 📞😵💵

[@fullfist]

Lol

[@fredirecko]

Now that giant room is probably a computer database center that has one IT guy in it with a grey ponytail named John.

[@wildcardcentral2782]

The recommendation of this is just too perfect

[@veen9667]

My grandfather was a double phone guy.

[@FermiGBM1]

Looks so tense such a cramped environment considering how rich some of them are

[@aidancanoli]

loll they're not rich they're just the floor traders and what not. its a blue collar job for most pretty sure although i think you could make your own money off it.

[@COINsimp2024]

This brought me back to being kids in NY and watching this daily on TV.

[@ethanjolly9732]

Idk why but I find this extremely interesting just thinking what it was like to work on Wall Street on the 80s

[@Zb_Calisthenic]

Back when only the few could invest..

[@fabios.29]

I was born in the 80s, watching this makes me feel really old

[@HeroDai2448]

Well you are

[@mountainp800]

@@HeroDai2448 damn u savage

[@Potatocat_]

This will be recommended to millions of viewers at 3 am 😃😃😃😃😃

[@tuanche8582]

So relaxing and peaceful to watch.

[@lunchworm]

It’s a sign of our times that the only thing I can think of when seeing all these people is how fast a virus could spread

[@thereforepie7531]

Yeah.... Although corona isn't really comparable to the spanish flu or ebola. What you need to worry about is if you'll have a job within 6 months, starving, suicide and other more likely ways you can go out. Corona is a cause and with a cause you have effects.

[@mikedobson1678]

The common cold probably worked it way around

[@dennisneo1608]

As fast as the news media allows it.

[@lunchworm]

@@L.C.Sweeney ok sweetie

[@lunchworm]

@@L.C.Sweeney got it. Have a nice day

[@kevinsjournal]

Insane, as a finance channel, I'm glad we have brokerages that can now trade online, but holy jeez these are the people there screwed up all the short squeezes of last week! 😟🏦📈

[@centralprocessingunit2564]

can you show me how to trade stocks? i just finished high school and i have no future.

[@abodysite]

Reminds me of one of the last few scenes of the movie Trading Places from 1983. Just chaotic scary.

[@ofadetergentsud]

Reminds me of a restaurant without the food.

[@tompw3141]

The big sell-off mentioned form 2:00 happened in 1985. The major economies (UK, France, West Germany, Japan) all wanted/needed the value of the dollar to fall.

[@PupXII]

thats how i imagined my first job would be instead i am sleepy 9 to 5 on a fart smelling office

[@bl4ck1911]

I'd love to see a color corected, upscaled, 60fps version of this with audio normalized. It would look cool especially with the AI we've got :D

[@jgraffmb]

Very good, Gabriel, tank!!!

[@zeusssonfire]

It's funny because we look at the double phone guy and go; "Woah! Intense!" - yet we regularly have upwards of 5-20 people on Zoom calls and conference calls today and we don't bat an eye.

[@UpUpDnDnLtRtLtRtBAStart]

communicating to an audience vs having two conversations simultaneously seem like two diff aspects....

[@joshuatorres673]

@@UpUpDnDnLtRtLtRtBAStart yup, just shows how far we have gotten since then with the constant development of new technologies! It’s truly amazing and made it way easier for all of us to communicate and transfer information

[@VampireKnightsLover]

it's like watching conductors of an orchestra

[@aaronswed01]

damnnnnn Mr. Hoffman, you've been everywhere, filmed everything!

[@DavidHoffmanFilmmaker]

Aaron: I have lots more places to go when this damn pandemic is over. David Hoffman filmmaker

[@hotdogjohnson]

Am I the only one that actually enjoys what’s going on and wouldn’t mind working here

[@user-lt9oc8vf9y]

yes

[@aliibilli]

Same

[@PandaFourBars]

WHICH ONE OF YOU SHORTED GME?

[@lfgpanthers5333]

I'm a stock trader, and a lot of me wishes we still used the public outcry system... another part of me is very glad we don't

[@michaelmotorcycle7138]

Looks cool doesn't it?

[@biggiezilla]

What a chaos. I couldn't even stand the chaos in this video, let alone there 😂

[@YashPatel-ui8zx]

This was so peaceful Come to indian stock market in 1980s ........ Totally aggresive markets

[@AJ-he8ki]

I remember as little kid when I would see a video on any adult topic and it would be too complicated for my brain. Now I'm 16, and I'd say I understand the world pretty well. But this video made me feel like I was right back at stage 1 lmao. Most adult thing I've ever seen

[@alexandermendez9013]

Adults doing adult stuff like going to stock market and doing a business transaction

[@kaikyscot6968]

Btw do you know any place we can learn this stuff

[@TheNateness123]

@@kaikyscot6968 like old school pit trading or how trading stocks work? No one can teach you, you kinda have to learn for your self, watch videos of people speaking about it that aren't scammy, takes a while but you can eventually figure the fakes from those who take it seriously, don't take people advice from KZbin comments half of them are scammer with stupid claims, my favourite was invest 10k and get 95k in 1 week... It could happen but you'd have to be very very lucky, GME lucky 😂and you'd probably just loose it all if that happened early on, better to use small amounts figure out your risk tolerance and how to value things before you go speculating. Otherwise buy low sell high, not the other way around 😂 alot of people never quite figure that one out but its easily done.

[@_Hewman_]

this has nothing to do with being "adult", its just greed.

[@the40ozprofit79]

"No, it's DOGE coin. Are you sure there isn't a ticker for it?"

[@froyhernandez6920]

That’s intense man real money moves🙏🏽

[@muhammedramees234]

As a newbie in stock market, this is beyond my imagination now. Anyways...I was distracted...Thanks for helping me to get back.

[@lordgrim1798]

2:00 *“Gather around boys we have a revolution to start”*

[@zoeee8796]

how does it start? i’ve only ever seen them there but never after or before.

[@yoboy6319]

probably a shot of whiskey and a fat line of cocaine

[@oscarmurillo9524]

Good video, thanks for sharing. And good commentary on the whole wasting money thing in the caption. I think I know more than one person who could have heard that but everyone's just so fucking scattered in terms of idealization of potential these days

[@CA-mb4jb]

Love watching this thx 👍

[@gary1961]

If you showed aliens these scenes along with scenes from a lunatic asylum, they wouldn't be able to tell them apart.

[@ivanm10]

When you see your Boss about to approach you with a new project but you don't want to do it:

[@Runnable19]

I actually can explain something to someone and answer his questions while listening to another conversation and remember it in full detail!

[@damyandiroma9190]

i love your channel i need a a way to watch all your docs was filmed where do i go sign me up! every single one in full tho..

[@EyesOfByes]

This is my brain when trying to decide what to have for breakfast

[@vxxcvxx7745]

Wolf of Wallstreet... Jonah Hill at the back at 1:29

[@niggatron6941]

Bruh

[@niggatron6941]

Lmao

[@k9g636]

Reminds me of "Trading Places" that runs every Christmas 😄

[@D0NTREPLY]

the double phones have always been such a funny visual when it comes to day trading

[@vividvideos6087]

Now I get stressed when the bid price doesn't update in a second

[@brendan4859]

Did anyone in that room really come out better than they came in? Was all the commotion worth it? It looks like just noise.

[@jinxy7869]

when you jump in the river, you flow with the flow and not worry about what seemed to be chaos from the river bank

[@adamkallin5160]

The double phones are hilarious. You'd think it was a parody.

[@BlakeMerriam]

Well done. Interesting that the ending commentary suggests computers won't find a place in the financial markets.