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@Billionaireben Жыл бұрын
Do 'Trading Places' next.
@jcortes06 Жыл бұрын
I've really gotten a lot of use out of my Blinkist subscription! Plus they're adding some fiction books too. I "read" Animal Farm about a week ago
@malachihart7370 Жыл бұрын
@@Billionaireben xz
@magnuswendelborg5004 Жыл бұрын
@@Billionairebenø 3:13 3:15 3:16 3:17 h Nxzt😮
@SomeDudeSomewhereOverThere Жыл бұрын
Wall Street was to stock broker recruiting what Top Gun was to Navy Pilot recruiting. The 80's were a magical time for Hollywood based career fairs
@donalny Жыл бұрын
Don't forget the one that started it all: Scarface
@greenredblue Жыл бұрын
It missed the 80's by a few years, but Jurassic Park led to a boom in paleontologists.
@bobmclennan1727 Жыл бұрын
I wonder which movie ended up doing more damage.
@giovannip8600 Жыл бұрын
@@bobmclennan1727 🤣🤣🤣🤣🤣
@Antenox Жыл бұрын
Don't forget archaeologists with Indiana Jones, diner waitresses with Terminator, temporal scientists with Back to the Future, and Stormtroopers with Star Wars
@helmutthat8331 Жыл бұрын
If you are wondering why the Spanish stocks used 1/8 fractions of a dollar. It was because the Spanish dollar coin could be divided into eight pieces, and each piece or 'bit' would have one eighth the value of a dollar, because it had one eighth of the metal value in the coin. It led to other colloquialisms like "pieces of eight" or "two bits" to refer to a quarter. Because other metal coin currencies in Europe, like the UK and France, were subject to debasement by the crown, and the Spanish dollar kept its silver content unaltered, it had the best reputation at the time that the American dollar was created. So the American dollar used the Spanish dollar as its model and kept some of the properties of the Spanish dollar.
@boneappletee6416 Жыл бұрын
That's very interesting! :)
@Madafaca6969 Жыл бұрын
What do you mean by "Spanish dollar"? I'm from Spain, and before the Euro, we used "pesetas" (have no idea if there's a translation lol) and each peseta could be divided by 100, so I'm not sure where the 8 pieces come into play, just curious. Didn't know NYSE was based off Spain's stock exchange, that one was a shocker to me hahaha
@MoarCheeseBirb Жыл бұрын
@@Madafaca6969 This was for the reales, which saw use from mid 1300s to 1868, when it was replaced by the peseta. 8 real = 1 silver coin (aka spanish dollar, aka peso, aka real de a ocho)
@alhollywood6486 Жыл бұрын
We used to quote options in 1/16th increments, or "Steenths"
@andrewsharpe7630 Жыл бұрын
"The Spanish dollar kept its silver content unaltered". This is confusing. Didn't the inflow of silver from the New World cause debasement/rampant inflation (if those two things are different let me know) of the Spanish currency? And a quick Wikipedia search shows that: "The first ordinance officially devaluing the Spanish non-colonial real came out in 1642, with the real provincial debased from 67 to 83+3⁄4 to a mark of silver (hence, 10 reales to the dollar")". More edicts followed throughout the 17th and 18 century. I assume this means the silver content was altered multiple times. Did Spanish money really have a good reputation by the 1770s? Imperial Spain was toast by that point. The War for Spanish Succession ended in 1715; both France and Spain's powers were diminished and Britain had become the dominant force in Europe- what was wrong with following the British pound?
@josephmassaro Жыл бұрын
The Art of War was one of several Asian military strategy books that middle managers and investors of the 1980s loved to read and employ in the business and financial world.
@Allen-L-Canada Жыл бұрын
孙子兵法, yes, it's all about strategies of winning wars.
@4.1132 Жыл бұрын
It still is today xD which makes sense because it’s a great book.
@maganashaker167 Жыл бұрын
It’s very likely that they avoided the most important tenet in the book, “try to avoid wars as hard as you can”
@4.1132 Жыл бұрын
@@maganashaker167 In Chapter 3: Sheathed Sword it says “supreme excellence consists in breaking the enemy's resistance without fighting” and a whole lot about knowing when to fight and when no to, it doesn’t really say anything about avoiding war altogether. Probably the most famous section of the book about knowing your enemy and yourself to be victorious is from that chapter. There also quite a large section dedicated to differentiate between military and government.
@meiliyinhua7486 Жыл бұрын
A book with brilliant insights like "hey, maybe fighting losing battles is a bad idea", and "knowing what your enemy is gonna do is a huge advantage", "taking stuff from your enemy is more valuable than shipping it to the front", and a lot of talk about how to use fire and what type of ground you should fight on
@J5L5M6 Жыл бұрын
The director is Oliver Stone. His father was a Wall Street broker most of his adult life, the character Lou is partially based on him. Stone attributes the film's quality in portraying 'The Street' to the proximity he had via his father's career. Nice video, thank you!
@amp4240 Жыл бұрын
Great breakdown of the movie! For those interested, I'd recommend (re)watching with the director's commentary enabled. Oliver Stone's (who even made a quick cameo in the movie, which was shown here) father was a stock broker by profession.The commentary and the backstory adds a lot to the experience of this movie.
@Gudha_Ismintis Жыл бұрын
you should have a separate channel for movie reviews - call it, The Buttered Bagel
@LowTide941 Жыл бұрын
Love this
@b1646717 Жыл бұрын
Yessss
@FunStuffBuddy Жыл бұрын
*The Sliced Bagel Delivering his slice of the movie fresh, hot, and (Un)cut…I mean cut 🤣
@MoarCheeseBirb Жыл бұрын
get a load of this guy putting stuff on bagels wtf how dare you
@SovereignMoney Жыл бұрын
Everything Bagel
@DMfromhell Жыл бұрын
The Spanish Dollar used to be known as the piece of eight and was subdivided into eight pieces. But I didn't know the NYSE used to trade in fractions for that reason!
@johnc2438 Жыл бұрын
And "two bits" was 25 cents! Again, from the old Spanish dollar.
@cashflow68 Жыл бұрын
Fantastic summation. Thank you. It was this movie that started me into investing back in 1987, but legally.
@cashflow6811 ай бұрын
This movie inspired me to begin my retail investing path to financial success. No inside trading, just reading magazines at the library and magiazines at the book store. Of course with the internet nowadays, information is available on line and investing is practically commission free. Great summation . Thank you.
@momo95947 ай бұрын
You explained a movie I watched when I was 9: so 34 years ago. Thank you a ton.😘
@stevenglowacki8576 Жыл бұрын
The one thing about this film I found unbelievable was that a pension was overfunded by such a large amount that it would be possible to have it raided by the likes of Gekko. I guess I don't know what it was like in the 80s, and maybe things were different then and overfunded pensions were common, but I had always heard constantly about how underfunded most pensions were, and thought it was absurd that a company would let their pension fund get large enough to be the target of corporate raiders.
@rathelmmc3194 Жыл бұрын
Yeah that is one of the issues of the pension system is it made the company look attractive to buy out and strip it of assets. Movie is pretty realistic in that regard. I think the reason today the pension system is "underfunded" is because compared to the 80s people live a lot longer and I think they started to realize that the "overfunded" wasn't actually overfunded.
@patrickfurlong9169 Жыл бұрын
They would still get their pensions, Gekko would pocket the balance or over funded amount.
@bdflatlander9 ай бұрын
You are right that pension funds being underfunded is not at all uncommon plus I have never heard of an overfunded pension plan. I have received two buyout offers for my accrued pension by former employers who wanted to get the pension liability off of their balance sheets. Both buyouts were very attractive offers so I took them and put the money in my IRA and invested the proceeds which are still there growing today. I will have to take my first RMD in 2026.
@anthonygreenall8884Ай бұрын
I think you have to consider that inflation and interest used to run a lot higher which had an impact on how the prrnsions were funded and the benefits- final salary schemes are a lot less generous when inflation is high, but very generous when it is low
@Jasper787217 Жыл бұрын
You should probably do a video on realistic expectations of real estate investing. I think by now most of your audience has a firm grasp on obvious guru's selling courses, but I don't see many on realistic real estate ROI's, risk x reward of trying to get rich, and going over the different ways real estate investing makes you money but through a realistic view.
@eduardblackbeard3913 Жыл бұрын
Thank you. Your explanation of what should be done when coming across insider information gave me a good laugh.
@musicnotenshi Жыл бұрын
Blue horseshoe loves Plain bagel ^_^
@PRSTECH100Ай бұрын
Dump it
@Unculturedcurrency Жыл бұрын
Art of war is a great book good break down. As a teenager I watched Wall Street and didn’t get it. Then I watched it again 2 years ago and understood it. Same with margin call
@muhammedyasinkalender6576 Жыл бұрын
Margin call is an empty movie. I didn't learn anything from that movie. Did you watch "The big short" ?
@wrightmf Жыл бұрын
Looking back considering I saw the movie when it came out, the concept of "you are either inside or you are out" is probably a key element for those successful in finance. Of course there are accountants, advisors where their dayjob is doing that. For everyone else with stock investments, I think it is a wildcard. But then there are some that make a lot of money which I see as two types. One, those that were given shares for a startup, the startup becomes successful and goes public. They sell their shares and make lots of money. The others are ones that have friends who don't tell them specifics but recommend to buy stocks with these companies and not others. What happens is those shares increase in value as if like in the movie "everyone thinks we pulled a rabbit out of a hat."
@ntnrocket110 күн бұрын
These days, insiders seem to be those on the boards of those companies and those in the US Congress!!!!!
@Christopher_TG Жыл бұрын
Gordon Gekko ranks #1 on the list of movie characters that, if you found yourself idolizing, you completely missed the point of the movie.
@freddytrinidad3155 Жыл бұрын
Thanks for posting this! For so many years since this came out I always wondered what some of the lingo meant
@00HoODBoy Жыл бұрын
always appreciate the content and insight, youre the best at it now. dont sleep on that thumbnail though
@larrywildman7008Ай бұрын
You made me feel old when you mentioned “this is an older film”. First watched this when I was a teenager. I’ve watched WS more times than any other film.Looking back I wish I had followed my dreams to become a trader as a profession but it did spark my love for retail trading. WS is picture in time of the 80s timeless classic the Godfather of investment films. Great review.
@alonenjersey9 ай бұрын
Thanks so much Plain Bagel for explaining the bits & pieces of the movie. This movie is not only my favorite Oliver Stone film, but it also made me glad I'm a mere High School graduate.
@sallyruss4574 Жыл бұрын
Really great video! I loved this movie! I was 17 in 1987 and remember the crash! This movie is a classc!! Thank you for posting your video!!
@benjaminringrose6973 Жыл бұрын
Great summary of one of my all time favorite movies! At the risk of being “that guy”, there’s one mistake in the summary. Bud Fox doesn’t buy Teldar Paper after meeting Gekko and learning Gekko is making a play for the company. He does look it up on his terminal at J.S., but he doesn’t buy it (“It’s a dog with fleas”). He confirms this at lunch with Gekko (“No Mr. Gekko, that would have been illegal”). Bottom line, Bud hadn’t “crossed over” yet. That’s the beauty of this movie! There’s a strong “moral” theme driven by the three “fathers” in Bud Fox’s life during the film (his actual father, Lou and Gekko). As Bud grows more influenced and corrupt by Gekko, he can still feel his father and Lou starring right through his heavy-hitter image and he struggles with his ethics at certain points. Anyway, one small technical killjoy comment to an otherwise great summary. Thank you for producing this! I agree with others that Trading Places would be an awesome summary (and confirm it was a short sell play by Louis and Billy-Ray). 🤑 And as for “Wall Street - Money Never Sleeps”……let’s just let that one sleep, and go on with life like that sequel never happened. 😣
@bdflatlander9 ай бұрын
I agree that “Wall Street Money Never Sleeps” was not a good movie - at all! I think part of the problem was that the original “Wall Street” was such a great movie that it would be hard for a sequel to come even remotely close to it. I saw “Money Never Sleeps” on the day it opened in the theaters because I loved “Wall Street” so much. I was majorly disappointed.
@klobiforpresident2254 Жыл бұрын
I don't know how things work in Canada (or I suppose the States for the movie) but at least in Britain the "Sir" goes with a first name. It would not be Sir Wildman but Sir Lawrence. Unless this was a "call me Sir, young man" Sir, rather than title. I haven't seen the movie.
@MissD934 Жыл бұрын
Thank you so much! I like the movie but didn't get all the lingo. I get it now! Great video!
@MrX-wd8cm11 ай бұрын
Ex - derivatives trader here, the plan to buy on the inside Anacote steel was brilliant, all hinged around the buy options trade @ $50, a kind of insurance in case the others don't jump on the deal as hard as he would have liked, then he'd still make somethin cause of the option
@justinalec87185 ай бұрын
Thank you man. When it came to all the wallstreet talk i had no idea wtf was going on but got the overall theme of the evils of greed. But now i can actually understand the plot lol
@hinkhall5291 Жыл бұрын
The grand daddy of these kinds of movies.
@richardhunting71811 ай бұрын
I've watched this movie probably 30 times, but I learned a lot from your video. Thanks!
@e-taz Жыл бұрын
And when people wanted financial insight the most, he made a movie analysis
@Lonovavir Жыл бұрын
The part of the film I like the most is Lou Mannehim trying to keep Buddy from going evil and being ignored. He's an underrated foil for Gordon Gecko.
@bdflatlander9 ай бұрын
Good analysis of the movie. I have “Wall Street” on DVD and have watched it a few dozen times. I love everything about the Gordon Gekko character - Michael Douglas earned a well deserved Academy Award for Best Actor for his portrayal of Gekko. There is also a very good Director’s Commentary by Oliver Stone on the DVD that really enhances the viewer’s understanding of the movie. In addition there is a special feature where there is commentary about the movie by Oliver Stone, Michael Douglas, Charlie Sheen and Martin Sheen. Gekko is the source of so many great quotes - my favorite is when he asks Bud Fox , “Now you’re not naive enough to believe we live in a democracy, are you Buddy”? There is actually a lot of truth in that quote because if you have a system of government that allows lobbyists to buy the votes of politicians for the financial advantage of their wealthy clients then I can’t think of anything more corrupt than that.
@earthling_parth Жыл бұрын
As soon as I the notification of this video, I watched the movie first to fully appreciate this video ♥️
@rusticitas Жыл бұрын
Wow, timing of this is impeccable. Just last night I watched this movie last night for first time in at least 15 years. I had intended to suggest you do an episode on it. (Get out of my head! 😂)
@w花b Жыл бұрын
Get out of my head. Get out of my head. Get out of my head. Get out of my head. Get out of my head. Get out of my head.
@tudoriusmaximus Жыл бұрын
Thanks for explaining it
@WG55 Жыл бұрын
Now explain what happens to the Chicago Mercantile Exchange at the end of _Trading Places!_
@helpyourcattodrive Жыл бұрын
I’m listening to this over and over bc I just like it … and bc I remember when the movie was a massive hit and I didn’t understand S from Shinola about the subject matter …
@johnmcclain2848 Жыл бұрын
9:50 My take on the wall street chronical part was different. The reply from the newspaper guys was "check the arbs"; meaning the merger arb funds/strategies/desks to see if they've heard anything, since what do journalists do except confirm stories from multiple sources And what does that do? It spreads the rumor to other traders to engage in highly speculative bets because they're wanting to do the same thing Gordon is doing; front running the ultimate transaction.
@BassLiberators Жыл бұрын
Woah, for some reason KZbin didn't let me know about this upload. I had to come to your channel to check why you hadn't uploaded in a while to find it.
@nkystevep70072 ай бұрын
I went to college and majored in finance because of this movie, I ultimately did graduate with a bachelor of finance but ended up not being a stock broker.
@investingsimplified2452 Жыл бұрын
Great video, great review 👍
@GaynNovi Жыл бұрын
One of my favorite movies, both the original n followup.
@Grizabeebles Жыл бұрын
Now that you've opened the door, I'm curious what you thing about the 2010 sequel "Wall Street: Money Never Sleeps".
@MoneyChanger02 Жыл бұрын
Would love to see a similar breakdown of Trading Places!
@RideAcrossTheRiver2 ай бұрын
"You guys sound like a couple o' bookies."
@GacPrime Жыл бұрын
Great review, I remember my dad (an investment banker) watching this movie with me as a kid and making it clear that what they were doing was wrong. Looking forward to Trading Places!
@MrSupernova111 Жыл бұрын
Yep. I have a degree in finance and I work in the industry. As a kid I loved these movies until I better understood what was really going on. Its a shame our society celebrates criminal behavior.
@CockatooDude Жыл бұрын
@@MrSupernova111 Normal behavior isn't nearly as exciting as criminal behavior and is much harder to make a compelling film out of, especially if your target market is well... everybody.
@MrSupernova111 Жыл бұрын
@@CockatooDude . Excitement over ethics. Society in a nutshell.
@CockatooDude Жыл бұрын
@@MrSupernova111 The thing is that most people live ethical lives because criminal behavior comes with a very high risk and often isn't worth it. So when people go to the theatre and put themselves into the world of a film for a couple hours, they want an escape a lot of the time. Therefore I'd say it makes perfect sense that a lot of films are about criminal behavior.
@MrSupernova111 Жыл бұрын
@@CockatooDude . Whatever helps you sleep at night.
@BasedSif Жыл бұрын
Amazing. Thanks for this.
@normansimonsen1203 Жыл бұрын
One of my favorite Movies. I like the sequel even more.
@h4ck314 Жыл бұрын
Excellent breakdown
@ddude27 Жыл бұрын
@richard you know if you can do videos related to financial regulations and what types of laws are enforced on which roles in the financial industry? While it's nice that these videos give us insight about how these trading operations work but we never know how these rules are enforced.
@MrSupernova111 Жыл бұрын
FINRA and the SEC come to mind. Our industry is heavily regulated. The last investment firm that I worked for had me, at the time of hire, scan my fingerprints and check my financial and criminal background. On top of that, FINRA keeps records of all licensed professionals in the industry and any securities law violations on their site for the public to see.
@NietzscheAcademyАй бұрын
Absolutely excellent explanation ❤ Thank you !
@acholouscognoscente10 ай бұрын
Great content
@financelearn7702 Жыл бұрын
Investment Analyst Explains Wall Street: Money Never Sleeps
@NasCostomanoАй бұрын
Oliver Stone cameo 09:45 top left. Sir Lawrence. They use their first names for some reason.
@helpyourcattodrive Жыл бұрын
Love that eighties hair.
@bn5906 Жыл бұрын
Question: when Bud calls the newspaper (Blue Horseshoe) about Anacott Steel, the man who receives the phone call tells another man to "check the arbs." What does that mean?
@ThePlainBagel Жыл бұрын
My understanding is that they're checking the "arbitrage opportunities" around it. Arbitrage means generating a risk-free return by taking advantage of a market mispricing. A non-stock example would be buying eggs in a state where they're cheaper, and selling them in another state where eggs are more expensive. With stocks, most arbitrage occurs with derivative investments. So in the movie, they are likely seeing if derivative investments (i.e. call and put options) are currently under or over-valuing Bluestar to see if there's an opportunity to take advantage of the mispricing. A long-winded answer, but hopefully it helps explain it!
@bn5906 Жыл бұрын
@@ThePlainBagel Thank you!
@igorlobkovenko94805 ай бұрын
Sun Tzu is ovverated. I can think of msny military battles that changed from one side to another and sometimes back. Just look at the Battle of Kharkiv in WW2. Guys like Gecko are impressed because they think they are at war, while simultaneously creating "nothing".
@eriknordqvist9016Ай бұрын
The moral of the movie is "don't get caught"
@AngloFrancoDane Жыл бұрын
Have you ever heard "pieces of eight" mentioned in a pirate movie? Spanish (and later Mexican) silver dollars were the currency of much of the world including the colonial and early post colonial America before paper currencies were trusted. These silver dollars would be sliced in half and then again in quarters and then again in eighths. That was how money was subdivided when trading in the New York Stock Exchange was founded and the system remained in place long after the US introduced a decimalized currency.
@danielbspinola Жыл бұрын
Awesome! As suggestions reviews for wall street 2 and Margin Call
@merrymachiavelli2041 Жыл бұрын
I wonder how the internet and computer-driven trading changed the insider/outsider dynamic that this film is centred on. Computers are inherently 'outsiders', in the sense that they aren't going to get an executive's daughter drunk at a party and get her to spill secrets. On the other hand, the internet means the volume of 'public' information has exploded, and a computer can sift through orders of magnitude more information, more quickly than a human can. It seems to me like the only way a trader in the 2020s could consistently out-perform a computer would be through insider information, especially on short-term trades. Which you'd think would make everything a lot more obvious.
@cartomancycarmen Жыл бұрын
Gekko is like Bernard Arnault:s LVMH trying to take control of Hermes
@danielterry382 Жыл бұрын
They're buying Anocott steel !
@bc-guy852 Жыл бұрын
I think that's the smoothest segue into a sponsor spot I've heard in a long time! Well done! Great episode!
@SPQRTempus Жыл бұрын
I was hoping you would elaborate on some of the dealing done on the trading floor. One trader asks "Hows Anacott Steel?" and the reply "Five and three quarter six. Two thousand up." Then later the conversation goes something like "Eight thousand and a quarter?" "I'll take eight thousand." Make it six two and a half two thousand up. What do you want to do?" I know they are trying to negotiate a stock trade but could you explain what "two thousand up" means?
@pal543216 ай бұрын
great analysis, thanks
@_d0ser Жыл бұрын
The Plain Bagel: "Crime Pays"
@jamegumb7298 Жыл бұрын
IIRC using fractions makes for very quick calculations in your head, faster to a trained someone then using decimal system. Does not matte as much if you use computers over mentats.
@ntnrocket110 күн бұрын
As I watch this video, and I've seen Wall Street many many times, it's pretty self-explanatory as it goes along as it shows with these clips. It's kinda like No-limit Texas Hold 'em poker, if you don't know most of the terms by now--then you probably are just not interested enough at all and will never know them.
@ugoeze7360 Жыл бұрын
You need to review the sequel!
@gameworkerty Жыл бұрын
Why the Spanish did it like that is I think because their denominations were in "pieces of 8", and for much of early America before the federal reserve the currency was either Spanish currency or just whiskey. So maybe the NYSE is like that because it was in an 8th of whiskey lol.
@butterkaffee910 Жыл бұрын
Nice! Can you make one for 'other people's money' too? That movie is underrated imo
@johannesvandenheuvel-1 Жыл бұрын
A great review of a great film - thanks a lot! One humble suggestion: I'm not a native English speaker, but whenever I've heard the word 'protagonist' pronounced in British and American English, it was pronounced as: "prow·ta·guh·nuhst". (So, with the 'a' sound from 'hack', not 'hay')
@davidduckett6242 Жыл бұрын
Spanish stock exchange used to use fractions because of their currency, they had currency for one, 1/4, 1/8, and 1/16
@hoodsuccess Жыл бұрын
Great review
@markangelou9368 Жыл бұрын
Have you done the Barry Pepper scene in 25th hour?
@NicolasCunha77 Жыл бұрын
From continuously engaging myself with The Diary Of A CEO clips and the guild a Financial Guru Joseph Sullivan Anderson I feel when it comes to investments and the investment markets, everything boils down to having proper risk management & a system that is tested & proven, then opportunities become endless. Each to their own though & if you're profiting from the strategies you find on KZbin videos that's also great!
@NicolasCunha77 Жыл бұрын
A steadfast commitment to reputable companies requires either holding steady during market downturns or increasing investments during such times. This strategy is based on the fundamental belief that well-managed enterprises will eventually rebound with renewed strength. On the other hand, investors seeking long-term profits through stock appreciation should seek guidance from a FA to identify opportune entry and exit points. My own experience during the pandemic highlights the value of working with an investment advisor, which resulted in a significant gain of $630k in just 8 months.
@NicolasCunha77 Жыл бұрын
Financial Advisor
@NicolasCunha77 Жыл бұрын
They are truly experts in their field; I had the pleasure of working with one, and it proved to be extremely beneficial as they assisted me in restructuring my entire portfolio. My FA is none other than Joseph Sullivan Anderson, a well-known figure in his field who you may know.
@kolofre Жыл бұрын
Shut up bots
@chriszhang16605 ай бұрын
9:31 I love Ana Castillo too
@diaphanoux Жыл бұрын
It would be great if you could do a video on The Big Short. That should be interesting.
@gammaray152 Жыл бұрын
Will you be covering the sequel? Wall Street: Money Never Sleeps
@zaco-km3su Жыл бұрын
Learned a thing here.
@luizbezerrasgt3 Жыл бұрын
This yes is one of the best films aimed at the investment market because it is to be congratulated all the actors of weight are excellent loved this film recommendbecause it is 100% used I recommend filem very good.
@badluck5647 Жыл бұрын
Next Movie Review: *American Psycho:* This is the best movie about Wall Street
@spornge Жыл бұрын
Why did I think the movie ended with Bud working with his dad at the airlines
@lilytea3 Жыл бұрын
0:32: 🎥 The Plain Bagel reviews the classic 1987 film Wall Street, starring Charlie Sheen and Michael Douglas as Gordon Gekko. 2:44: 💰 Money makes you do things you don't want to do, and Bud Fox has a bad day at work. 5:11: 💼 Gordon Gekko talks about wanting negative control over Teldar, explaining what a tender offer is and how it works. 7:47: 📈 Gordon Gekko instructs Bud Fox to buy call options on a stock before a given expiration date in order to make money. 10:37: 💰 Bud and Gekko engage in a full-blown criminal operation involving power of attorney, offshore accounts, and straw buyers to launder money and make profits with insider information. 13:06: 💰 Gekko plans to take over Blue Star Airlines and make a profit by paying off a loan and using the overfunded pension. 15:51: 💼 The movie 'Wall Street' ends with Bud going to jail for insider trading, but it's unclear if Gecko sold him out. Recap by Tammy AI
@Lithilic Жыл бұрын
Seems like it's awfully easy for people in this position to encounter insider information.
@heronekkotheanimer7386 Жыл бұрын
Well because they basically pay for corporate spyonage in order to get the info.
@joe97nsx Жыл бұрын
Like Nancy Pelosi and her husband? As well as other politicians.
@meneldal Жыл бұрын
The important thing if you want to profit from insider information is to make sure nobody can prove you had access to it.
@RideAcrossTheRiver Жыл бұрын
@@joe97nsx Or Trump's tax evasion.
@joe97nsx Жыл бұрын
@@RideAcrossTheRiverthe difference is, Trump got fined. There is zero repurcussions for the others. And there never will be. The elite insiders regardless of which party they are in will continue raping the suckers.
@marvinbrando7229 ай бұрын
Excellent
@bryceasj1999 Жыл бұрын
Can you do a video explaining stock suffixes? Specifically to Canadians, maybe? I know ".un" stocks indicate REITs, and a few others, but I've noticed a lot of cases where all squares are rectangles but not all rectangles are squares, so to speak. Being a young investor, I'm comfortable taking riskier positions, and one such position I've taken up is a penny stock with the ".h" suffix. I've read that it means that company trades on the NEX, but I'm not entirely sure what that means.
@UndeadGirlCyber Жыл бұрын
Man, I really feel like doing some insider-trading now.
@Natasha26 Жыл бұрын
“The get poor quick scheme” because the banks (market makers) always win.
@helpyourcattodrive Жыл бұрын
Michael Douglas is such a star.
@roc78808 ай бұрын
Stone said he modelled Lou on his father who was a bastion of the Great Generation wiadom and virtue. Sadly, Gekko became the mentor for a lot of unwise morally empty idiots.
@jaredvw Жыл бұрын
can't believe we've had cell phones and networked computers for this long!
@realSamAndrew Жыл бұрын
Networked computers are almost as old as computers themselves.
@RideAcrossTheRiver2 ай бұрын
I've found website message boards dating to 1981.
@SaviorCross7 ай бұрын
Subscribed.
@KageNoTenshi Жыл бұрын
The quote is incorrect, it’s not every battle is won before it’s ever fought, The correct quote is A good strategist wins the battle before beginning it, while a poor strategist begins the battle before winning it
@olawalefawehinmi654 ай бұрын
The quote is correct because Gordon simply paraphrased it to cut to the point of Sun Tzu
@KageNoTenshi4 ай бұрын
@@olawalefawehinmi65 no it’s not, they mean completely different things, and clearly one is factual the other is clearly not the case, not every battle are won before it began
@realestatejunkie04147 ай бұрын
Blue Horseshoe loves Plain Bagel
@alphakky5 ай бұрын
Spoiler alert: Watch the sequel, Wall Street, Money Doesn't Sleep for a surprise cameo.
@ADobbin1 Жыл бұрын
Insider information is how professionals make money otherwise everyone with a stock account would be millionaires in a year. They all have industry contacts and connections.
@VictorAntares Жыл бұрын
Neat stuff.
@wrightmf Жыл бұрын
An amusing scene earlier where Bud's friend says "the Boston Knicks are playing in town and I got tickets. We can then go cruising the bars for women." Bud says, "sorry, can't do as I will be working on charts." Friend replies, "what?!? I am giving you Knicks and chicks, and you want to work on charts!" Ah yes, I think of those early years of "internet" of things like CompuServe where inspiring traders can jump on their 286 machines with dialup and stay up late analyzing charts. And then Bud's father says "why are you working as a salesman in that business?" which Bud says "dad, I'm not a salesman. I am account executive." which the dad replies, "if you are trying to sell something to someone, you're a salesman."