The Hidden Stories of ‘Big Short’ Investors Who Made BILLIONS

[@HamishHodder]

Join the 90 million users and discover your family origins with a 14 day free trial: bit.ly/HamishHodder2_MH

[@rastaman39]

Watch GameStop the wall st parasites whose diabolical greed created a Blackswan GME Gamestop IS the Play gamma squeeze coming

[@goobda_]

I love the fact that you are the fanatic of this movie. There was a time when I used to watch it everyday to a dinner. And to this day I consider it as one of the greatest movies ever made.

[@FranciscoIgnisci]

The same happened to me. I used to be an addict to the movie, and it was fulfilling the fact that evy time I watch the movie something new could be learned

[@goobda_]

@@FranciscoIgnisci yeeess, exactly. To this day I'm noticing new details.

[@WesBergen]

@@goobda_It took me 6 or 7 times to notice Michael Burry‘s cameo appearance.😁

[@virgil_kane]

I'm so glad that my love of the movie " The Big Short " led me to discover your KZbin channel .

[@anderson6379]

It's impossible to make too many Big Short takes. I re-watch these time + again. Hoping to get even more from you over the years. You are not alone in your fascination with the movie. Don't see how one can love investing + not love the movie.

[@michaelmclaughlin261]

This movie is addicting. A Classic. I'm like you, I've watched it multiple times.

[@JasonPizzinoOfficial]

Studying history. I love it. Thanks!

[@cgjanderson]

This is my favourite movie ever, and not being a finance guy, I was confused about a few things. This video cleared it all up for me!! Subscribed.

[@tadakimasu]

Nice deep dive Hamish!

[@rasheedmitchell567]

I rarely ever comment on videos, even though I consume hours of content like this-seriously, I never comment. But I have to give you your props. I’ve probably watched this movie as many times as you have, and I’ve never come across such a clear and insightful breakdown. 🙏🏾 I’ll be making sure all my colleagues subscribe to your content, just like I did

[@jackdaniels4368]

Margin call is a great movie on this as well 👍

[@springtimeforgreatempire]

A great job. You made me really want to watch the movie. It just felt that you love it so much.

[@pookachu64]

That Goldman sacs created the synthetic cdo via aig really should have been in the movie

[@Stewart5225]

Outstanding Content!

[@chapmanlung9602]

Just found the video....and was disappointed......it finished so soon... keep up the great work!

[@payno6643]

What i never hear people talk about when discussing the mortgage crisis is all the property. Someone ended up with all the houses or land. Not like it is worth nothing

[@detroitsly]

Easily my fav movie of all time

[@joeschroedernz]

15 years later and still can’t stop thinking about the 2008 collapse.

[@user-rn3rn6nl3h]

Because the next one will be worse. 🙂

[@Scorch428]

10 year bond approaching 5%. This has happened twice, in 2000, 2007, before the Dot Com and Housing collapse. 2026 is gonna be brutal, or perhaps even the end of this year.

[@Fred_Nickles]

5:00 to be fair the movie does touch this a bit, when Burry goes to cash in they delay him and he says something to the effect of: "Let me guess, you are in the process of taking out your own swaps" indicating they took the same bet he did to pay him out.

[@ramzh9315]

Love your videos... love the way you explain... Subscribed, and wish you hit a million soon... ❤

[@iamaspambottt]

incredible explanation

[@DONB88888]

Thanks for this video

[@benvandermerwe4934]

Great journalism, professional entertainment.

[@steveshaw628]

A KZbin post about a movie based on a book is like a CDO. It’s a derivative of a derivative. Read the book!

[@WesBergen]

The movie explains a difficult topic quite well. The book is a nice complementary.

[@sophisticatedmorons]

Genius

[@FransGaming1]

Watched the movie yesterday 2nd time. Love this movie

[@paul9745pdb]

Top 5 all time movie for me.

[@curtisshawkassociation5276]

You should go down the ENRON and energy rabbit hole regarding the politization of energy. Second, go down the derivative rabbit hole. Alan Greenspan was warned about regulation of CDOs. He did nothing before or after the meltdown. The Fed let it happen....

[@leviathan19]

enron was brutal, i saw a nice documentary cant remember the name

[@curtisshawkassociation5276]

@leviathan19 it was called "Enron, the smartest guys in the room". That's facetious. But you are correct, it profiled the corruption.

[@leviathan19]

@@curtisshawkassociation5276 I mean I think the tone helps convey the absurdity of what Enron did and how the people at Enron behave Thanks for reminding me of the name of the documentary I want to watch it again

[@curtisshawkassociation5276]

@@leviathan19 another must watch is "Inside Job"....Matt Damon narrates.

[@bluedeskfan2754]

Interesting. Great film; funny, sad, entertaining and actually educational

[@wtf_usa5597]

Thank you for all your hard work Hamish!! 👏👏👏👏

[@HamishHodder]

thank you for watching!

[@rickden8362]

@@HamishHodder Why are there no stories on the mega bucks made by John Paulson at this time.

[@randyrosado2446]

Thanks for the info on synthetic swaps...never really understood how that worked!

[@38skippers]

Love this movie

[@plstrom]

my big questions about this people is always where do they "store" their fortune ? since tey "bet" on their own firms that go bust so how do they take their money out and where to ?

[@JReeves317]

Great video. Can you confirm the source material of the books you reference? Is it mainly just "The Big Short" and "Market Wizards"?

[@Advoc8te4Truth]

Part of the reason that the Big Short is so pertinent is because, ultimately, absolutely nothing happened to the protagonists. For instance, Blackrock was given over 30 billion of Bear Sterns asset backed securities for $0 😂❤ And ironically Larry Fink invented CDO's, now thats a conspiracy. theory.

[@JJ-nu8qi]

Also, don't let the federal government off the hook. The government shouldn't have been forcing them to give these loans in the first place.

[@LenaeMaysWorld]

Love your channel!!!! Learning so much. Thank you.

[@Scorch428]

same. mustve seen The Big Short like 15 times.

[@markk3453]

interesting video. so gambler level 1000000000000000000. what happens to these people when it goes bad? they end it?

[@shantanupandey4382]

Great video. Hamish, at what discount to the face value is a bond deemed to have failed to activate the CDS obligation. (Assuming that the criterion is the face value ). Please help clarify

[@roseymalino9855]

Interesting question. As portrayed in the movie, the guys all sold out before actual failure so they were at least assured of something. So as long as each entity was meeting its payment obligations, the action continued. Lehman collapsed when it ran out of money and could not find someone to backstop them. Remember, in the movie the premia were increasing while the bonds were failing. Thus it appears failure is something like a mutually agreed point where someone (or all) throws in the towel. e.g., The Brownhole guys settled their $200 M by getting another buyer to take it for $80M.

[@pabloenriquegorga4222]

5:34 fetching? WT..? I am not a native English speaker, but, shouldn't there say "bet" or "I bet" ?

[@Gidalyah-qq3ec]

What's the book at 12:00?

[@justugochukwu]

What is that song in the outro?

[@JustJamesDean]

In the movie, Jared Vannett mentioned a negative carry. That didnt actually happened?

[@clintcowan9424]

Of course it does

[@javierzamarrodiez7815]

Whats the book of the video

[@igotaction]

The Big Short is the best financial movie since SELL 30 APRIL AT 142!!!!!

[@Nogi520]

Chicken little is a sweet nickname

[@zoehltsen83]

Nice

[@allanclell]

Im not in finance but i was told after 08 the synthetic cdo wasn’t a product anyone wanted anything to do with. Also heard it was outlawed 🤔 instead it’s supposed to be referred to as a bespoke cdo😂 same nuts and bolts.

[@joseantoniourrutiagonzalez6406]

😯 you're SUNNY V2 !!!!!!!!!!!!!!!!!!!!

[@patrickmacas2808]

Phucking awesome I stumble upon with your video, hope you create a review for Margin Call. Love from Philippines 🇵🇭🇵🇭🇵🇭🇵🇭🇵🇭 7:41

[@forgottenheritage2845]

I've watched THE BIG SHORT many times too, obsessively so. Not sure what that says about me, or you for that matter. I think I may be on the spectrum LOL

[@clintcowan9424]

MBS and CMBS are still at least 10:1

[@stephendoherty8291]

The next big crash will be the US Fed taking in Insurance risk and shielding the Insurance firms from taking the full claim loss. In fact Congress wants this gravy train to continue otherwise climate change damage means no insurance cover for the vast coastal property asset class. Waiting to see the taxpayer saying no more and then seeing what CC means for their investments

[@gokceyildirim8161]

Margin call is by far the best movie made about the financial crisis of 2008

[@centariprime9959]

How much did _The Big Short_ have to do with Frank-Dodd bill that forced banks to give loans to people who had bad credit or no credit?

[@dirtdiverdan7936]

I had the same question, about giving loans to folks with poor credit. The Frank Dodd bill which President Bush was AGAINST IT, but dems & some reps signed off on it anyway.

[@aroucad]

Dodd-Frank was passed in response to the financial crisis. The Big Short came out only a month before the bill became law so likely had little to do with the law which would’ve already been drafted by then.

[@JohnRiley-j5n]

That was before the crash and that bill is the cause of the crash Sub prime banks like country wide were a result of policy changes that forced banks into loans that they thought was risky

[@drewcama2488]

Yeah I understood like almost none of that.

[@love2rideone2]

I loved that movie exposed the crooked banks Wall street , and the stupid government and their worthless agencies that are always late to act.😂😂😂😂

[@cheesuskrust7021]

Its a great movie but its a takes lots of the story from This American Life episode Giant Pool of Money

[@k.h.6991]

Nice explanation, but none of them could have made those millions, if they had actually had zero money. No way even $1000 would have been enough.

[@menumlor9365]

I just got done watching the Big Short before this video.

[@peteroshannessy8927]

Hi Hamish, your style is a bit unusual, but I thought your sponsor integration was excellent and I like your quick close to the video. Well done.

[@stephendoherty8291]

There are two few great financial films . Love to have seen one on the 1920s crash. Over in Europe it wasnt related to housing loan mortgage tranches but rather just assuming the housing market was never near its max and then house prices crashed and so did demand. Sadly financial movies are often related to disaster and remind citizens they voted for making it more likely to happen. Even now, seeing the result of Merill most dont understand the market so just hope the regulators do understand. The banks and their staff know this.

[@rickden8362]

Perhaps no one made as much money shorting this market than John Paulson but you see no stories about him...WHY?

[@kevinfreimarck3301]

Hard to follow the flow and terminology

[@b_to_the_b]

🤔

[@zakcullen6124]

That's creepy.... I literally bought a My Heritage kit 10 mins before I clicked on this video! Apparently they're the best for genealogy for non americans

[@JGComments]

It WOULD have been a great movie if they’d left out the celebrity “explanation” scenes and fourth wall breaks. It’s so sad they didn’t trust the audience to follow along.

[@AnxiousGrips]

No, that’s precisely what makes the movie so great. It’s makes it more easily digestible for people who aren’t into finance as a concept, and is a little comedic break from all the lingo. I know people who still can’t keep up, even with the explanations.

[@JGComments]

@@AnxiousGrips yeah i still really, really don't like it- its cheesy and condescending - I know it's effective with mot people, but I FAR prefer something with the tone of Margin Call. I know its me shouting at 99% of people who disagree, but that's how I feel.

[@lopezzepol1]

Only under Obama's watch would the GFC would have happened. Never would have happened voting R

[@Al-yu6bq]

It was in the Clinton Administration when Glass Steagall Law was derogated in 1999. and Bush, didn´t do anything, just cheer up inmigrantes with no Jobs and low income get the "American Dream".

[@shaughnessykyle]

The collapse of Lehman Brothers was Sept. 2008. Obama became presiden January 2009. So, why didn't he stop this, is Obama stupid?

[@CopecMechArena]

Really it was bush who presided over that 1. Not political just saying.

[@Pizza-gb1ch]

Fact Check: U might want to check your dates. President Obama Presidential term: January 20, 2009 - January 20, 2017. He was responsible for cleaning up the mess that was perpetrated while his predecessor was in office.

[@Sap3r3Aud3]

GFC happened in 2007. Obama became president in 2009. Quit drinking.

[@BULLwithBALL]

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