As I’m sure many of you know, it’s not atypical for someone with a long and storied career on the Street to look back and reflect. They’ve earned the right and its likely that if any of the young whippersnappers cared to listen, they might learn something themselves. Shia LaBeouf is no different. As someone who spent months trading his online brokerage account, bonded with the Charles Schwab guys (Encino branch) and taken several meetings with employees of Goldman Sachs, all in preparation for his (fake) career, he’s figured out a thing or two. And now he wants to share it with you.
On being humbled and possibly meeting Ping Jiang:
“I thought my life was pretty wild. I’m Richie Rich. I land in New York, secretly thinking I’m like the coolest guy in the world. I’ve been on the cover of GQ! But then I met these guys, and it’s humbling. It’s the most sex-drugs-and-rock-‘n’-roll atmosphere that exists on the planet. I was hanging out with some wild human beings.”
On giving people a chance and loving how amped up you get.
“It’s easy to villainize these guys with the big paychecks,” he says. “But they’re not all bad. I’m a pretty left-wing character, and I come from whatever collar is lower than blue. But meeting these guys really opened my mind a lot. I’ve never seen people with more drive and determination in my life.”
On turning $20,000 into fuck you money.
“I trade in my boxers now. I’m up early for the markets. I’m real-time all day long.” He loves the game and the thrill and the nerves of the market; and the market, it seems, loves him right back. As of the morning of our lunch, Shia says his online Schwab Active Trading account had grown to close to $450,000.
He’s So Money [GQ]