Tom Ellsworth
👤 SpeakerAppearances Over Time
Podcast Appearances
Oh my Lord.
Yeah.
That's by the way, have you ever had a margin call?
I don't have enough money to do that.
Yeah.
I had a margin call, but I was 25 years old when I got a margin call when I had no money.
And I put, I don't know what it was, $5,000, whatever, to buy some Nike stocks.
And then I said, you know, E-Trade came out and they said, you know, you can use this to get XYZ and $15,000.
And I'm like, no way.
Vinny, I did it.
Let me tell you, when it dropped, I don't know, it was a handful of stocks I own.
They're calling you, and I'm like, how the hell am I going to pay this?
You act like you have $15,000, but you only have $5,000.
Wow.
So it's allowing you to use credit, which is wonderful.
Because you're doubling and tripling without your money.
It's like you're using credit card money margin call.
But when you get... You ever seen the movie Margin Call?
Yeah, of course.
Have you seen the movie Margin Call?