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Peter Tuchman is known around the world as the “Einstein of Wall Street.”
But before the fame, the cameras, and the billion-dollar trading days, he was a $47-a-week runner on the floor of the New York Stock Exchange.
In 1987, he stood inside Black Monday as panic ripped through the market and traders watched fortunes disappear in real time.
He saw greed destroy men, watched crashes break portfolios, and lived through every major financial storm of the modern era.
Today, he trades between $500 million and $1 billion a day and works alongside his son as one of the last father-son teams on the NYSE floor.
In this episode, Peter breaks down market crashes, retail trading, greed, investing young, Jordan Belfort, SpaceX, AI, and why “buy stocks, not stuff” may be the simplest wealth lesson of all.
00:00 Intro
00:56 Peter Tuchman’s Start on Wall Street
03:30 Market Crashes and Black Monday
08:00 Staying Level-Headed Through Chaos
16:23 Customers, Retail Trading, and Beating the Su0026P 500
26:20 Long-Term Investing and Finding Component Stocks
34:13 Market Information, Social Media, and Trusted Voices
40:43 Doing the Homework and Avoiding FOMO
47:09 Greed, Profit Taking, and Risk Management
50:44 Elon Musk’s Space IPO and Market Hype
56:50 Becoming a Broker and the Changing NYSE Floor
01:01:48 Modern Finance Careers and the Role of Human Brokers
01:05:07 Final Advice, Legacy, and Closing
Find Peter Tuchman here
Instagram: https://www.instagram.com/einsteinofwallst/
Join his Wall Street Global Trading Academy here!
https://www.wsgta.com/
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