What was the best quote in boiler room?
Here are ten of the greatest quotes from this great film: Jim Young: They say money can’t buy happiness? Look at the fucking smile on my face. Ear to ear, baby. Greg Weinstein: Don’t pitch the bitch. Jim Young: Anybody who tells you money is the root of all evil doesn’t fucking have any.
Who are the actors in the movie Boiler Room?
Borrowing heavily from Wall Street and Glengarry Glen Ross, Boiler Room is at its best when dealing with matters of money, and powerful scenes of Davis learning to be a “closer” showcase the significant talent of Ribisi, Nicky Katt, and Vin Diesel.
How old is Seth Davis in boiler room?
Seth Davis (Giovanni Ribisi) is a 19-year-old college dropout who strives for approval from his father (Ron Rifkin), a judge who is horrified that his son operates a 24-hour illicit casino. When an old friend visits the casino with a fellow broker, Davis is impressed by their wads of money and yellow Ferrari, and decides to join the firm.
Why is a broker called a boiler room?
The term boiler room refers to an early practice of running such operations in the basement or boiler room of a building and is so called due to high-pressure selling. A broker using boiler-room tactics gives customers only positive information about the stock and discourages them from doing any outside research.
What do you need to know about a boiler room?
A boiler room is a place or operation—usually a call center—where high-pressure salespeople call lists of potential investors (“sucker lists”) to peddle speculative, sometimes fraudulent, securities. Sucker lists identify victims of previous scams.
What are some of boiler room sales tactics?
Most boiler room salespersons contact potential investors through cold calls. Some notable boiler room tactics include making claims that cannot be easily verified by the investor, demanding immediate payment, or issuing threats for noncompliance.