What does “long story short” mean?

A conversational cue that the speaker is skipping the details and jumping straight to the outcome or main point.

How is “long story short” used?

In The Wolf of Wall Street (2013), one line is: “Long story short. Saurel rats me out.”

The clip at the top of this page is from The Wolf of Wall Street (2013).

Long story short. Saurel rats me out.

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