Time to read: 2 min read
Show Cover
There’s a cliché that you eat what you kill, and that is very much the culture of Wall Street.
I don’t usually watch reality TV, but I couldn’t help myself when I found out that, in the reality TV craze of the 2000s, someone made a reality TV show for working on Wall Street. The crew follows numerous finance professionals as they go about their day. The professionals include salespeople, daytraders, and hedge fund managers. Most of these individuals work for themselves or for very small (2-3 person) shops; expectedly, there wasn’t any representation from a large established firm. Surprisingly, the show didn’t feature anyone in banking either.
While the show does have useful information tidbits for people who are clueless about finance, because they are trying to optimize for entertainment, the bulk of the show was focused on dramatic moments without context. The show enforces many of the stereotypes of Wall Street portrayed in popular entertainment, such as the greed and the lack of work life balance. The show also explores some unconventional aspects of Wall Street, such as visiting a financial astrologer.
According to Timothy Sykes, the daytrader portrayed in the show, everything scene was staged. Furthermore, the people portrayed in the show were not very reputable, such as the literal first person shown in the show, who got arrested for running a Ponzi scheme.
Is this show accurate or informative? Not really. Is it entertaining? Absolutely.