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SHIA LA BEOUF A REAL-LIFE MONEY MAN
Transformers hunk Shia La Beouf is taking his new role as a money man so seriously he has made himself a small fortune.
La Beouf, 23, admits he knew nothing about Wall Street when he accepted the part of a hedge fund trader in Wall Street 2: Money Never Sleeps, directed by Oliver Stone.
So he used his own money to learn the ropes – and has multiplied his initial investment by nearly 15 times.
He explained: “When this film offer came and only four days before I met Oliver, I knew I didn't know a derivative bond from a shareholder and had to learn quickly.
“I walked into Charles Schwab, a brokerage house, cold, in Encino. I knew nobody there. They didn't know me.
“I asked could someone please just walk me through a crash course. Fortunately one guy recognised me and explained some stuff and gave me a book and I started to study.”
“Anyway, I didn't take my real money. I only took $20,000, and as of this morning that's $297,000.”
$297,000 is more than half the $500,000 La Beouf was paid for the first Transformers film in 2007.
He told columnist Cindy Adams: “Today I manage my own portfolio. I check through the day, read the daily Wall Street Journal, trade personally on my cellphone, text people throughout the day, carry my laptop on the set, have Bloomberg on speed dial.”
He revealed some of the secrets of his success – and predicted the euro will strengthen further against the dollar.
“When the bump happened I went into gold,” he went on. I'm bullish on gold. And hawkish on soybeans because Latin Americans eat beef, Asians pork, and both animals live on soybeans.
“I'm also buying currencies. Like the euro under 147, and 160 is a good price to sell it.
“Also favourable to shopping malls, General Growth Properties and privatised prisons because this unemployment unrest creates more crime, so more money for prisons.”
Director Stone, whose 1987 original film won a best actor Oscar for Michael Douglas, butted in: “I now go to Shia to ask, 'What's happening in the market?'
“He started on it with this film and now knows everything. He and Josh Brolin finish their scenes then talk market all day. Josh is in it too.”
Wall Street 2, which also stars original actors Michael Douglas an Charlie Sheen, as well as La Beouf's real-life girlfriend, British actress Carey Mulligan, is due for release next April.