Follow the "Leader"
There's an old adage in the investment community that if you follow the smart money, you'll do better than most. Who is the smart money in 2022?
You ever wonder why fund managers can’t beat the S&P 500? Cause they’re sheep. And sheep get slaughtered.
Gordon Gekko
Would it surprise you to know that even though I am absolutely fascinated by finance, I’ve only seen Wall Street with Charlie Sheen and Michael Douglas one time? I own the movie. Literally a DVD in my possession, and I’ve watched it one time. I’m not even really sure why, to be totally honest. I liked it. I obviously remember the quote from above. I just think that when I have a couple hours to myself to watch a movie that I want to watch, when I go finance, I go either The Big Short or Margin Call. Not sure what that says about me, but it’s the truth. I actually kinda hate The Wolf of Wall Street. The best thing that movie offered the world are the gifs…
I’m more interested in calamity
While Wall Street (to the best of my memory) makes more of a point about trading insider information and gamer shenanigans in finance, The Big Short and Margin Call are just a bit more impactful. The Big Short shows some of the real world consequences of the awful financial decision making and how it hurt people who didn’t know what they were doing. Margin Call is just amazing. It’s a must watch finance movie, IMHO. Both movies are very much “market crash” movies where the other two mentioned are more focused on finance criminality in my view.
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