Michael Burry has just announced that he is long puts against 800,100 shares of Tesla or $534 million by the end of the first quarter, according to a filing with the U.S. Securities and Exchange Commission. Burry was one of the first investors to call and profit from the subprime mortgage crisis. Burry, whose firm is Scion Asset Management, shot to fame by betting against mortgage securities before the 2008 crisis. Burry was depicted in Michael Lewis’ book “The Big Short” and the subsequent Oscar-winning movie of the same name.
He pretty much already is right, his entry was at 800 i think, right now tesla is at double bottom so who knows if it bounces, but if it doesnt we might see it go to 300-400 range imo@@yasarkhan672
wow. so he already earned like 200mil? just betting the prices? crazy men. rich men with money plays money like nothing,. lmao. and here we are getting a couple of bucks hard enough
Tesla is prolly worth 100 a share without the hype and bs people are throwing into it. Frankly I’m shocked with a flip flopped ceo in charge that investors even trust the projections they are putting out. Endless delays and false promises from upper management, worker complaints piling up, lack of repair support in smaller communities, etc. Now actual car companies like Toyota, Ford, VW, etc are launching their own electric lineups in the next 5 years. Tesla was just too slow to get their stuff to market. They will wind up with decent market share, maybe 2-3%, but idiots are saying they will have 15-20% and paying out for that today are going to get burned over the long run. Tesla has a great battery and charging platform, frankly I think their autopilot is cool and they are way ahead atm on that. But it is not worth 1000 times PE.
The fact that no one went to prison over all this blows my mind. It was the biggest fraud ever perpetrated and in the end the tax payer footed the bill.
Because the U.S. Economy going into a recession for 4 years is somehow even nearly comparable to an event that dispersed 400 times more radioactive material into the Earth's atmosphere than the atomic bomb dropped on Hiroshima, causing 4 million known deaths, and God only knows how undiagnosed instances of unspeakable cancers. The level of "how serious of a thing are you willing to cover up" was orders of magnitude higher in Communist Russia in 1986 than it was on Wall Street in 2008. This comment is a politically motivated insult to the people who died or lost loved ones due to the Chernobyl disaster, to try and suggest that American Culture, even at the height of Capitalist greed, could ever be as corrupt as a Communist regime to the point they would cover up a thermonuclear holocaust. It's not a good analogy, it's thinly veiled political propaganda. Watch Margin Call and replace Kevin Spacey's line "you're going to kill the market for years" with "you're going to kill 4 million people and give 100 million more cancer" and see if the scene is still believable with Jeremy Irons' character still being willing to make that decision just for money. Absurd.
My favourite scene from the movie is where Mark Baum said "All these times I've been trying to figure out who I'm betting against and it's morgan stanley, which is me."
This movie is such a masterpiece. I ended up buying it just because I get a kick out of watching it over and over again and seeing how horrible our system was and still is.
This movie so perfectly depicted how interlinked and in bed all of these so-called independent competitive institutions are even to the point of regulators, the media and the government. Convincing everybody it’s a marketplace, when it functions more like a cartel
The only thing they didn't discuss is the 'Community Reinvestment Act' which forced the banks to give these loans out. Many politicians called these banks racist for the inequality on how many non white and non asian people were getting denied loans for mortgages. Everyone was guilty from the poor person who thought they deserved a big ass house with no money down and an adjustable rate mortgage to pretty much every institution. The problem was the regulations in place. To deny this is to deny reality.
I loved the exchange with the two douche brokers where Steve Carrell walks back to his guys and asks "Why are they confessing?" and the answer is "They're not confessing, they're bragging".
I love that lady trying to explain to Burry "its complicated". He's beyond smarter than her and she's BS'ing him like she would some hobby trader. Also, the reporter putting money over his profession is as real as it gets.
@@jakebond2294 margin call had a bit more of a dramatic plot with character arc...but it’s very vague on details surrounding the actual crises. Both are decent movies though
The feeling in this movie of knowing something for which it seems no one else believes or wants to believe around you to be true and them calling you crazy. And then later proven to be correct and no one wants to talk about how they treated you. It was like living in 2020 and 2021 all over again for me.
Missing the scene where Mark asks a question even though it isn't yet time for questions + the scene where he has dinner with one of the brokers and comes back to his table "Short everything that guy has ever touched".... The movie is insanely good imho.
I'm all in in AMC my dad lost his motorcycle shop because the whole economy went down, I will never forget the day we closed, this is my revenge 💎💎💎💎 ...
👏👏👏 we're going to win, my fellow 🦍. 900 shares at 12.01, I'm all in with you. People who thought yesterday was a loss either just got in or didnt do their Homework
They're (the margin traders) are playing you as suckers. You haven't a clue what you fucking doing. They know that. They're spoon feeding you a line of bullshit so you never sell. They will at every pump they 10x margin trade ladder up and fib retracement .78, they'll let spot traders like you buy and prop prices, shorters are scared and nascent to pressure the trade, like upward bound BTC Jan to Feb. They're pumping this stuff up... pushed a gamma squeeze on the market makers who produce and offer options contracts. That just happened at $73... these market makers are looking to get even, they purchased plenty and haven't sold, instead they're trying to garner money back in feigning another gamma squeeze to $145 strike price getting lots of positions to buy into it; they have more than enough stocks on hand to fill any interest volume they've produced this time. There will be no gamma squeeze to $145 by those guys. Now, its margin traders, seeing how long they can keep selling into supported prices and propped up prices from extended trading by morons buying in at high prices after market. If you don't look whats going on and take profits and stop being the useful idiot, you're only following the herd of stupid. These parasites fester on that. Please for the love of all you hate, these shit sucker fuckers, STOP being the useful idiot. Take profits and walk away from this crazy train, or at least get wise to their shit. Get a TPO data feed chart to see these longers in action. Similar to Exocharts.com for BTC to see trade size (when various size orders from the biggest $1 million plus trade whales to small levels to the every day minnows) open a long or short. If you haven't started taking profits. Do so now. You only have a few weeks left. IF they fuck us over, we the fucking working shits... I'll take up hunting. Going hunting this time. Unless I've dropped kick this shitty country in the ass and left it by then. Which might be the case. Please be careful and look into what you're doing. I think they're fucking with you all. Someone has found a means to have useful idiots. Last time it was bankers and real-estate and hoodwinking son's of fucks on tv provoking people to get into the real-estate business, buy a house for a rental or this or that... lever your fucker tits up on an introductory mortgage payment free for a year payment plan that goes variable after; no down no nothing. Just sign on the dotted fucking line you useful idiot... with a wink and snicker, you made them a fortune, and found yourself bankrupt a few years later. Don't let it happen again. Please. For your own sake.
Interesting. What are you seeing? I live in a university town and in those 27 years it appears to me that their mission has shifted from an educational institution to a just a business.
people don't realize the same thing is happening right now, the big banks are securing net short positions before the central bank will raise interest rates and stop the inflation.
If interest rates go above 2.5% America becomes insolvent. Rates are going to zero or negative and inflation is going to the moon. You can’t taper a Ponzi, and the US Dollar is the greatest in history. The Fed and US Government is praying it can stem the bleeding long enough to introduce a CBDC so they can reset the Debt to zero by removing dollars from the economy. Every other option available to the Fed destroys America financially.
Brilliant little film. Excellent performances and direction across the board. If you haven't seen The Big Short, I envy you - I'd love to forget it and watch it over again.
Seen and liked the movie a lot. Liked also the fact that the movie explained what was going on. The take away for me was that bankers often intentionally speak in goobly goop or lie outright. A little scary. CBS' 60 Minutes had a couple of spots that said essentially the same thing, more scary. So do your homework, due diligence then? With the understanding that you can still be wrong.
When I first understood this (1987) I quit my stock broker job, that DAY. I didn’t want to go to prison. All these years and it STILL hasn’t changed. Sad.
It seemed strange he could kick people out…. Was he really big in the company? He’d said earlier they called him Chicken Little as in they didn’t respect him.
It’s shouldn’t be a problem with capitalism. The problem is we let people assign value to thin air, then trade that value for profit. There is no underpinning in actual capital. Therefore it is not capitalism. It’s, at best, financial mis-direction. At worst, plain criminal activity.
It is not an inherent problem with Capitalism by itself, but more of a issue with human nature. The subprime bonds only existed _because_ greed because second nature to the bank industry after getting accustomed to 'safe' bets of Prime bonds. They could not allow the wheel to slow down. Unfortunate but at least it is clear. To fight this nature we would need control, in the form of regulations, to keep those greedy desires in check (or at least try to) *but*, and here come Capitalism back, by it self it does not like to be control. In order for the 'Free Market' to function properly, it needs, well freedom. _But_ granting too much freedom leads to outcomes such as this? Do you see the crux of the situation? How do we tackle this? Feel free to reply.
Wrong, this is exactly what capitalism is. If you set up a system whereby people make money by the financialisatoin of capital itself, then this is inevitable.
Shady nonsense practices that cause massive problems are a natural outcome of capitalism. It's a system that cultivates, rewards and exacerbates human greed beyond what's natural. Your identity is not tied to capitalism, and criticism of capitalism is not a criticism if you. People who defend capitalism to their dying breath stand in the way of us changing anything for the better economically.
Not sure how you can not think this is not PURE CAPTIALISM at its best. CAPTIALISM PROMOTES GREED. Granted even our stupid society pushes to greed. Instead of working for a better USA no we work for a better ME. ME ME ME ME ME ME.
This movie made me think that I'd be really into finance, however, after a semester in an introductory course, I have to say, it's not nearly this fun lol
The problem was that the mortgages were unsound adjustable rate mortgages etc. The mortgage system was going to fail and it like all things was not "too big". Wall street profited at the expense of main street.
It's funny how much respect this movie and the general public gave to the Wall Street Journal back in the day, and now I hold them with the same regard as TMZ. lol.
Did Charlie and Jamie really think a major publication would print this? There's no way the editor would let this story see the light of day, and if he or she did they would be fired immediately.
It won’t be the housing market this time. That’s what people expect . They wish it would happen because they beat themselves up for not taking advantage of it when it did happen. It’s usually something different with these recessions.
This is broadly what GME and AMC will be too. Like, I have stock, I'm holding it, and I hope to do very well out of it. But I also recognize that *if* I do well out of it, it means the economy is *fuk*. But I also see it as the only pragmatic choice to actually have a chance of my family being taken care of in the future long-term. I have nothing to lose and a lot to gain.
It's funny I'm not even a financial expert and if I called my mom and told her the economy was about to crash she would believe me and follow my instructions to the letter.
What I love most about this movie is the constant casino backdrop. The message the director is sending is super clear...the stock market is just one giant casino. I would agree with that characterization for the short term traders and hedge funds but Berkshire-Hathaway proves that owning profitable American businesses is a winning strategy over the long term. As the late John Bogle used to say "invest we must"....i.e. as Americans we have no choice but to put our retirement savings to work in the stock markets. These traders portrayed in the movie are a whole different breed of investor. For them the stock market really is just a giant casino!
The three greatest disaster works ever to come out of the entertainment industry are Chernobyl, The Hot Zone (novel), and this movie. And they all actually happened.
Michael Burry has just announced that he is long puts against 800,100 shares of Tesla or $534 million by the end of the first quarter, according to a filing with the U.S. Securities and Exchange Commission. Burry was one of the first investors to call and profit from the subprime mortgage crisis. Burry, whose firm is Scion Asset Management, shot to fame by betting against mortgage securities before the 2008 crisis. Burry was depicted in Michael Lewis’ book “The Big Short” and the subsequent Oscar-winning movie of the same name.
Do you think Michael burry is going to be right again, this time shorting Tesla??
He pretty much already is right, his entry was at 800 i think, right now tesla is at double bottom so who knows if it bounces, but if it doesnt we might see it go to 300-400 range imo@@yasarkhan672
wow. so he already earned like 200mil?
just betting the prices? crazy men. rich men with money plays money like nothing,. lmao. and here we are getting a couple of bucks hard enough
Tesla is prolly worth 100 a share without the hype and bs people are throwing into it. Frankly I’m shocked with a flip flopped ceo in charge that investors even trust the projections they are putting out. Endless delays and false promises from upper management, worker complaints piling up, lack of repair support in smaller communities, etc. Now actual car companies like Toyota, Ford, VW, etc are launching their own electric lineups in the next 5 years. Tesla was just too slow to get their stuff to market. They will wind up with decent market share, maybe 2-3%, but idiots are saying they will have 15-20% and paying out for that today are going to get burned over the long run. Tesla has a great battery and charging platform, frankly I think their autopilot is cool and they are way ahead atm on that. But it is not worth 1000 times PE.
Tesla share drop approx 20 percent from its all time high . This gonna be a best trade ever 🔥
The fact that no one went to prison over all this blows my mind. It was the biggest fraud ever perpetrated and in the end the tax payer footed the bill.
A week before this Jeremy irons, Kevin spacey, demi Moore, and Simon Baker had an interesting meeting at an uncommon hour
Carmelo, get TK KIRKLAND here by 6!
@@JESUSAGUILAR-mr9ct it’s done.
@@antoinemercier6151 Am I getting fired?
Holding the biggest pile of excrement in the history of capitalism
That's spilt milk under the bridge.
I love how Gosling's character is either so crazy or so feared that he can order people out of the bathroom
This is the American version of "You didn't see any graphite on the ground because it isn't there!"
This comment needs more recognition! Spot on!
That’s a great analogy
Because the U.S. Economy going into a recession for 4 years is somehow even nearly comparable to an event that dispersed 400 times more radioactive material into the Earth's atmosphere than the atomic bomb dropped on Hiroshima, causing 4 million known deaths, and God only knows how undiagnosed instances of unspeakable cancers. The level of "how serious of a thing are you willing to cover up" was orders of magnitude higher in Communist Russia in 1986 than it was on Wall Street in 2008. This comment is a politically motivated insult to the people who died or lost loved ones due to the Chernobyl disaster, to try and suggest that American Culture, even at the height of Capitalist greed, could ever be as corrupt as a Communist regime to the point they would cover up a thermonuclear holocaust. It's not a good analogy, it's thinly veiled political propaganda. Watch Margin Call and replace Kevin Spacey's line "you're going to kill the market for years" with "you're going to kill 4 million people and give 100 million more cancer" and see if the scene is still believable with Jeremy Irons' character still being willing to make that decision just for money. Absurd.
Loved HBO Max’s Chernobyl. Freaking horrifying.
@@JDZeal-gl5le what tf r u even going on about rn lmao
My favourite scene from the movie is where Mark Baum said "All these times I've been trying to figure out who I'm betting against and it's morgan stanley, which is me."
This movie is such a masterpiece. I ended up buying it just because I get a kick out of watching it over and over again and seeing how horrible our system was and still is.
This movie so perfectly depicted how interlinked and in bed all of these so-called independent competitive institutions are even to the point of regulators, the media and the government. Convincing everybody it’s a marketplace, when it functions more like a cartel
The beauty of capitalism. I'm not saying Capitalism is bad, it just needs to be heavily regulated.
The only thing they didn't discuss is the 'Community Reinvestment Act' which forced the banks to give these loans out. Many politicians called these banks racist for the inequality on how many non white and non asian people were getting denied loans for mortgages. Everyone was guilty from the poor person who thought they deserved a big ass house with no money down and an adjustable rate mortgage to pretty much every institution. The problem was the regulations in place. To deny this is to deny reality.
@@drumyogi9281 It was Team effort for sure !
I think.we still don't realise how badly we were screwed over by these people. We had a friend who basically lost everything.
Wow, Michael Scott really landed on his feet after he left Dunder Mufflin
This comment should have more likes lol
The Michael Scott Paper Company will live in infamy.
Everyone knew how smart he was. His talents weren't used properly in Dunder Mufflin
his brother did not lol
He took ryans advice to heart - "tell the girls at the bars the you work in finance"...micheal decided to step it up a notch from being a teller lmao.
I loved the exchange with the two douche brokers where Steve Carrell walks back to his guys and asks "Why are they confessing?" and the answer is "They're not confessing, they're bragging".
Those weren’t brokers, they were mortgage lenders at a bank.
The Big Short makes The Conjuring feel like a Disney movie. Scariest shit I've ever seen.
Wait for it, what coming next make 2008 look like a Disney movie.
it's amazing how this movie can be a comedy, horror movie and a documentary all at the same time
"The Big Short" is probably the best Hollywood film of the 2010's. It follows the path of "All the president's men" or some of Scorsese´s best work.
Agreed. One of the top 10 films of the 21st Century
I love that lady trying to explain to Burry "its complicated". He's beyond smarter than her and she's BS'ing him like she would some hobby trader. Also, the reporter putting money over his profession is as real as it gets.
The Big Short's best scene was in the Florida strip club when the dancer was explaining her balloon payment mortgages on all her rental properties.
“What did you hear tony”, fucking hilarious.
"You want me to write a piece saying We're All Fucked?"
- Welcome to 2021 where every news story begins with this
"And Caesar wept for there were no more worlds to conquer"
Somethings wrong I can feel it.
Steve Carrell, Ryan Gosling, Christian Bale in one awesome sequence. Great movie and awesome talent
"SHANE! SHANE!" Jared is fabulous.
This clip fits perfectly with Margin Call
Margin Call being the better movie. Imo.
Two sides, same story
Both are great. Gives one the feels of what really happened. There are other docs too if one is inclined to learn more.
@@jakebond2294 margin call had a bit more of a dramatic plot with character arc...but it’s very vague on details surrounding the actual crises. Both are decent movies though
watch Inside Job, for the inside & sideline scoop.
I love the zoom in effect that plays when they want us to know who Burry is on the phone to it makes the bankers look so much goofier.
The feeling in this movie of knowing something for which it seems no one else believes or wants to believe around you to be true and them calling you crazy. And then later proven to be correct and no one wants to talk about how they treated you. It was like living in 2020 and 2021 all over again for me.
I watched this movie 10 times already it’s a masterpiece, even better after reading the book by Michael Lewis
“I’m jacked to the tits”. Best line in the movie. Makes me laugh every time
Everything about this film is really great, from the story line to the editing to the acting.
One of the best and most important movies ever made
Missing the scene where Mark asks a question even though it isn't yet time for questions + the scene where he has dinner with one of the brokers and comes back to his table "Short everything that guy has ever touched".... The movie is insanely good imho.
"DO YOU FEEL IT!?!?!"
"no"
Remember how we knew all this and are letting them do it again?
Good times!
Greatest movie ever; the whole spectrum of real human nature jammed into one movie.
I can’t wait to watch a movie about amc and see what these criminals were going through during the squeeze😂
5g/day
$500k!
Been holding 300 shares since January!!
“ blame immigrants “
Have you looked at the insider selling this week AMC execs are selling their shares. They will dilute the rest of the retail traders
I'm all in in AMC my dad lost his motorcycle shop because the whole economy went down, I will never forget the day we closed, this is my revenge 💎💎💎💎 ...
sell now
👏👏👏 we're going to win, my fellow 🦍. 900 shares at 12.01, I'm all in with you. People who thought yesterday was a loss either just got in or didnt do their Homework
They're (the margin traders) are playing you as suckers.
You haven't a clue what you fucking doing. They know that. They're spoon feeding you a line of bullshit so you never sell. They will at every pump they 10x margin trade ladder up and fib retracement .78, they'll let spot traders like you buy and prop prices, shorters are scared and nascent to pressure the trade, like upward bound BTC Jan to Feb.
They're pumping this stuff up... pushed a gamma squeeze on the market makers who produce and offer options contracts. That just happened at $73... these market makers are looking to get even, they purchased plenty and haven't sold, instead they're trying to garner money back in feigning another gamma squeeze to $145 strike price getting lots of positions to buy into it; they have more than enough stocks on hand to fill any interest volume they've produced this time. There will be no gamma squeeze to $145 by those guys.
Now, its margin traders, seeing how long they can keep selling into supported prices and propped up prices from extended trading by morons buying in at high prices after market.
If you don't look whats going on and take profits and stop being the useful idiot, you're only following the herd of stupid.
These parasites fester on that.
Please for the love of all you hate, these shit sucker fuckers, STOP being the useful idiot.
Take profits and walk away from this crazy train, or at least get wise to their shit.
Get a TPO data feed chart to see these longers in action.
Similar to Exocharts.com for BTC to see trade size (when various size orders from the biggest $1 million plus trade whales to small levels to the every day minnows) open a long or short.
If you haven't started taking profits. Do so now.
You only have a few weeks left.
IF they fuck us over, we the fucking working shits... I'll take up hunting.
Going hunting this time. Unless I've dropped kick this shitty country in the ass and left it by then. Which might be the case.
Please be careful and look into what you're doing.
I think they're fucking with you all. Someone has found a means to have useful idiots.
Last time it was bankers and real-estate and hoodwinking son's of fucks on tv provoking people to get into the real-estate business, buy a house for a rental or this or that... lever your fucker tits up on an introductory mortgage payment free for a year payment plan that goes variable after; no down no nothing.
Just sign on the dotted fucking line you useful idiot... with a wink and snicker, you made them a fortune, and found yourself bankrupt a few years later.
Don't let it happen again.
Please.
For your own sake.
I am with you brother get your revenge
@@jmitterii2 Wow how much coke did you do when you wrote this crap?
whoever played Tony is the most underrated actor
This is about to happen to college education. As in an insider, I can't wait for the college crises to pop!
oooh do tell!
So if the banks that hold my student loans go bankrupts, I don’t have to pay my loans anymore?
college is the biggest scam
Interesting. What are you seeing? I live in a university town and in those 27 years it appears to me that their mission has shifted from an educational institution to a just a business.
All in on AMC here! Shout out to Matt Kohls too
🤡🤡🤡. Belive experts .. it's inflation this time
All in!
@@joaquindr6171 what?
All in
Damn man, good call. Enjoy your profits
people don't realize the same thing is happening right now, the big banks are securing net short positions before the central bank will raise interest rates and stop the inflation.
okay, how do we secure our positions?
If interest rates go above 2.5% America becomes insolvent. Rates are going to zero or negative and inflation is going to the moon. You can’t taper a Ponzi, and the US Dollar is the greatest in history. The Fed and US Government is praying it can stem the bleeding long enough to introduce a CBDC so they can reset the Debt to zero by removing dollars from the economy. Every other option available to the Fed destroys America financially.
This is still one of the greatest movies of all time
Just think how amazing the movie will be about this bubble.
By far one of the most underrated movies around
The best scene for me was was with the CDO Manager. I couldn't stop laughing how screwed up dumb money is.
this'll happen to AMC and GME the same way. It'll happen on a day we least expected it to happen. EVERY APE: "IT'S HAPPENING"
Burry got in early on GME, made a bunch, and has already exited
@@danmurphy257 and that was foolish of him
Yet he made more than you could even dream of??? How’s that foolish
@@danmurphy257 he exited at 12 bucks mate
“They ARE correlated!”
They *******ARRRRRE correlated you corrupt *******!!! Also, welcome to chaos economics. #Mandelbruh
"banking establishments are more dangerous than standing armies" - Thomas Jefferson
Brilliant little film. Excellent performances and direction across the board. If you haven't seen The Big Short, I envy you - I'd love to forget it and watch it over again.
Steve carrell should have won an Oscar for his performance.
I like when the ratings agency lady had literal blinders on.
Seen and liked the movie a lot. Liked also the fact that the movie explained what was going on. The take away for me was that bankers often intentionally speak in goobly goop or lie outright. A little scary. CBS' 60 Minutes had a couple of spots that said essentially the same thing, more scary. So do your homework, due diligence then? With the understanding that you can still be wrong.
When I first understood this (1987) I quit my stock broker job, that DAY. I didn’t want to go to prison. All these years and it STILL hasn’t changed. Sad.
That “Bye Kathyyyyy” always makes me laugh so hard!!
The best part is really the scene with the WSJ. How do we have a free and honest press when all they care about is access and their large paychecks?
2:50 "who wouldn't publish it?" well... @CNBC apparently.
The lawyers sitting around the desk shitting themselves after having laughed at Burry earlier in the film. Losing at their own game
4:19 “who got the remittance data early? I bet it was Goldman. Enter movie “Margin Call” lol
ryan gosling kicking everyone out that restroom was the best part of the movie
It seemed strange he could kick people out…. Was he really big in the company? He’d said earlier they called him Chicken Little as in they didn’t respect him.
This is the moment of the movie when you should pause it and watch 'Magin Call'. After you finish it you continue watching this one.
It’s shouldn’t be a problem with capitalism.
The problem is we let people assign value to thin air, then trade that value for profit.
There is no underpinning in actual capital. Therefore it is not capitalism.
It’s, at best, financial mis-direction. At worst, plain criminal activity.
It is not an inherent problem with Capitalism by itself, but more of a issue with human nature.
The subprime bonds only existed _because_ greed because second nature to the bank industry after getting accustomed to 'safe' bets of Prime bonds.
They could not allow the wheel to slow down.
Unfortunate but at least it is clear.
To fight this nature we would need control, in the form of regulations, to keep those greedy desires in check (or at least try to) *but*, and here come Capitalism back, by it self it does not like to be control. In order for the 'Free Market' to function properly, it needs, well freedom.
_But_ granting too much freedom leads to outcomes such as this?
Do you see the crux of the situation?
How do we tackle this? Feel free to reply.
Wrong, this is exactly what capitalism is. If you set up a system whereby people make money by the financialisatoin of capital itself, then this is inevitable.
@@Ancor_Vantian Do not forget the government. It played a big role in bringing about the crash as well.
Shady nonsense practices that cause massive problems are a natural outcome of capitalism. It's a system that cultivates, rewards and exacerbates human greed beyond what's natural.
Your identity is not tied to capitalism, and criticism of capitalism is not a criticism if you. People who defend capitalism to their dying breath stand in the way of us changing anything for the better economically.
Not sure how you can not think this is not PURE CAPTIALISM at its best. CAPTIALISM PROMOTES GREED. Granted even our stupid society pushes to greed. Instead of working for a better USA no we work for a better ME. ME ME ME ME ME ME.
This is one of my favorite films, I especially love the Brownfield guys’ performances
This movie made me think that I'd be really into finance, however, after a semester in an introductory course, I have to say, it's not nearly this fun lol
All this has happened before and will happen again.
already happening ask around your town in new home owners getting loans on literally 0 down payment and cost of cover for paperwork covered
It's happening now...
So say we all.
So say we all.
Because human nature never changes
Too many vet caught in media hype and think markets only go one way..
5:00 this is gonna be me when amc/gme squeeze 😂
Oh no. Sorry dude.
Great film. Adam McKay is a genius.
The big short happens with the whales whenever the market goes to crap and they retract their money, their pullbacks wreck havoc on the charts.
The problem was that the mortgages were unsound adjustable rate mortgages etc. The mortgage system was going to fail and it like all things was not "too big". Wall street profited at the expense of main street.
It's funny how much respect this movie and the general public gave to the Wall Street Journal back in the day, and now I hold them with the same regard as TMZ. lol.
I've seen this movie so many times and only just now understand the steps the banks took to get out of the mess they created.
Did Charlie and Jamie really think a major publication would print this? There's no way the editor would let this story see the light of day, and if he or she did they would be fired immediately.
AMC BABY 💎✊🏾🦍
Amc $500k 🦍🚀💎🙌
I guess the next movie will be called the Big Squeeze :D
History repeats itself .House market was to crash last year the government can't keep saving mortgage owners from defaulting payments .
You're ignorant of history if you think 2008 mortgage crisis is the same as our current housing boom.
Based on what? Care to elaborate?
It won’t be the housing market this time. That’s what people expect . They wish it would happen because they beat themselves up for not taking advantage of it when it did happen. It’s usually something different with these recessions.
Damn now I want to watch the whole movie again!
Up there with greatest movies of all time...
They turn the tables, but none of those traders get any personal satisfaction from it other than Vanett. It is a completely hollow victory.
This is broadly what GME and AMC will be too. Like, I have stock, I'm holding it, and I hope to do very well out of it. But I also recognize that *if* I do well out of it, it means the economy is *fuk*. But I also see it as the only pragmatic choice to actually have a chance of my family being taken care of in the future long-term. I have nothing to lose and a lot to gain.
It's funny I'm not even a financial expert and if I called my mom and told her the economy was about to crash she would believe me and follow my instructions to the letter.
2:40 this scene is the spiritual cross over event for the Margin Call movie.
The delivery of "Bye Kathyyy!" is so great
What I love most about this movie is the constant casino backdrop. The message the director is sending is super clear...the stock market is just one giant casino. I would agree with that characterization for the short term traders and hedge funds but Berkshire-Hathaway proves that owning profitable American businesses is a winning strategy over the long term. As the late John Bogle used to say "invest we must"....i.e. as Americans we have no choice but to put our retirement savings to work in the stock markets. These traders portrayed in the movie are a whole different breed of investor. For them the stock market really is just a giant casino!
This will go down in history as of the Great movies ever made.
Steve corrall should have got the Oscar for this, but gave it to Leonardo de caprio for 'the reverant' because he really needed it, shame.
Revenant*
I LOVE THIS MOVIE, but the sad part is, we will continue to repeat history with the current federal reserve monetary policy and a fiat currency.
"Hell is empty and all the devils are here"
Steve Carell was absolutely brilliant in this movie.
fascinating post Dunder-Miflin career
One correction to the title: It should be “This is 6:13 of great scenes in a movie full of great scenes”.
Ryan gosling was Boss 😆
totally improvised too. mad lad.
When a movie depicts real life.. AMC TO THE MOON 🦍💎🚀🌑
EUREEKA!!
At the three minute and 16 second mark, he mentions the Margin Call story.
Wonderful tie-in
Ryan Gosling is pure gold in this movie... "Shane?...... SHHane!?...... SHANE!!??..... *FLUSH* What'd you hear, Tony?!"
Looking forward to the sequel after 2021!
3 Letters: AMC
This scene encapsulates the current AMC situation but in reverse! Insane how idiotic Wall Street is.
I cant believe how old this post is. I like ALL of these actors . . .!!!😢🎉❤
I love this movie, makes me lose my faith in humanity every time.
The three greatest disaster works ever to come out of the entertainment industry are Chernobyl, The Hot Zone (novel), and this movie. And they all actually happened.
5:14……despite the bleak and dreadful demeanor of the reason he’s so jacked up….the comedic relief of this scene is perfect.
2:18 "I don't want to talk to Dad!" The relationship of an adult son with his father... Until the father passes... Sad.
I think you missed the point.
@@jesusnthedaisychain I get the point of the whole video clip. But, that part of the video lit up another issue for me.
@@jesusnthedaisychain he missed everything pretty much
not in india srry
"Until the father passes" Damn. True and hit heavy in the chest.
2:56 "Robert Redford!" Good reference.
This is about to be the world economy when AMC hits 100k
When we transition over to crypto and the USD dies and takes the rest of fiat with it.
@@e-cuauhtemoc nah there still will be fiat, just bitcoin will be legal tender
The nokia tune is iconic
Looking forward to watching the movie about AMC
Definitely going to make one
Hell yes!!
You mean GameStop
You mean GME.
GOLDEN COMMENT. 👍🏽