Recommend good trading/biz related movies/docu's to enjoy en maybe learn from.
I have watched
-Inside Job
-China Hustle
Both let you see how wallstreet takes money from plebs.
-Empire of dust (shows mentality differences between chinese and africans)
-Margin call
Read 'the grace commission'
>Margin call
>no margin is called
misleading normie title
A Serbian Film
can't believe you haen't seen pic related
unbelievably good
but the BIS caused the 08 housing crisis
can't blame banks for shorting themselves when they were forced to hold mortgages by basal II capital requirements
>yeah banks were "forced" to tank the economy
KEK some idiots never learn
en.wikipedia.org
treasurytoday.com
why don't you learn something
glengarry glen ross
boiler room
So you're telling me that a regulatory framework that may or may not have contributed to the 08 crisis, was in actual fact THE CAUSE for it; and not all out fraud by the banks and rating agencies selling shit mortgages at AAA ratings?!?!?!?
Mate, there is only so much rationalization you can make for your overlords
of course the capital requirements are the cause
the banks were forced by law to buy more mortgages than they would have in a free market situation, because in a free market you balance your capital with respect to risk not arbitrary laws.
this meant the only way to make money was to short themselves, that's certainly shit situation but the socialist regulatory banks caused it
the ratings agencies were acting fraudulently but a rating agency is just another socialist market manipulation
no housing bubble would of occured without the capital requirements because demand would determine by the market
you're the brainwashed one
that nigger obama started it when everyone was granted a mortgage without papers
funny thing is, we are right back at is with covenant-lite loans. meaning here just have a loan without the need to show any papers that you can pay. they are 75% and rising of total loans now. defaults are only just starting. man this is going to be fun it will all coincide and it will all implode
this is a very good documentary on trading called floored, it's about the transition from floor trading to electronic trading, the full thing is on youtube
Watch some 1929 docu's on the Great Crash
You don't get it user.
The house values were raising faster than the loan repayments.
They gave out loans to complete idiots, because it was impossible at the time to lose money. While the house prices kept climbing, it was a win win situation. Shit hit the fan when housing value dropped and a lot of leverage shots got triggered, and then all the big investors pulled out a trillion in investments from banks. Same as Bitcoin now
Kaiji, Ultimate Survivor, its an anime that beats all of these movies
oh yeah that seems interresting
Watched it, was very good indeed
>same as bitcoin now
Not sure what you mean by this.
Bitcoin seems like its going to slowly bleed for the coming months.
Curious if you have any name
thx
Yeah, pretty much if banks would shoulder the risk on 10x leveraged Bit Coin investments
>dirt money netflix
If you liked those you will like “ENRON: The smartest guys in the room”
Great movie synopsis about the Enron scandal
If you are a billionaire, would you get a hair transplant?
Jeff Bezos owns his baldness.
It depends on the shape of my head and my shape I guess.
youtu.be
Trading Places is the most Jow Forums movie. It's also a great movie otherwise.
An Open Secret
it's a Brock Pierce classic
If you consider the fact that the movie focuses on a firm which would be entirely liquidated if the price of their holdings declined by a few %, an event which would have taken place had they not dumped all of their shit, I would say it's a decent title regardless of wether or not said liquidation took place.
"Econometrics" or whatever the book and movie are called. Quite reddit tier but it was quite the hype back when I was an undergrad.
A lot of money got pulled out from the housing market by investors who lost faith.
You hear a bank and Bitcoin in the same sentence and decide they're supposed to be opposite? I don't see a fucking difference between shady exchanges or banks? Revolution my ass
You are supposed to keep the btc off exchanges.
Bitcoin supporters look at exchanges as a bank they are the same thing.
So you dismissing it based on exchanges makes no sense to me.
Glengary Gelnross was fucking shit (so boring) but I’m glad I watched it because of that coffee scene.
>coffee is for closers
Aside from that, I LOVED The Big Short. I think there’s a little bit of autistic Patrick Bateman in all of us
