Success Story with Scott D. Clary Ross Mandell - The Real Wolf of Wall Street | Rock Bottom to Wall Street Royalty
Aug 23, 2025
Ross Mandell, known as the 'Bad Boy of Wall Street,' built a financial empire before facing a prison sentence for financial crimes. He discusses the psychological burden of money and offers insights on overcoming financial fears through mentorship. Mandell contrasts his high-powered Wall Street life with humorous prison anecdotes and explores addiction issues within the finance industry. He emphasizes the importance of resilience and authenticity in navigating challenges, advocating for meaningful connections and a commitment to giving back post-recovery.
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Money Is A Costly Tool
- Ross Mandell reframes money as a costly tool rather than an end in itself.
- He argues cash in the bank gets leveraged by banks and often yields poor returns compared to dividend stocks.
Choose Dividend Stocks Over Idle Cash
- Do consider conservative dividend-paying blue-chip stocks instead of leaving large sums idle in banks.
- Hold dividend payers for both income and long-term appreciation rather than chasing bank interest.
From $1,500 To $30M
- Ross turned $1,500 into $30 million in his twenties and spent millions along the way.
- He credits mentorship and aggressive risk-taking for his early meteoric rise on Wall Street.
