I recommend 3 movies to every family member willing to deal with financial topics as a form of edutainment. The Big Short and Margin Call are two of them.
The 3rd one is 99 Homes. The key line is: "Don't get emotional about real estate." What is sold as a place for family memories for some, is just another asset class for others.
Too Big To Fail is also quite good and the third leg of my personal "Great Recession Trifecta."
> Another very accurate movie: "Margin Call"
Jeremy Irons is fantastic in this film. The entire board room scene is amazing.
Re:Why in the world would you own bonds?
by toomuchtodo on Wednesday March 17, 2021 @03:32PM
(#26495827)
For those who haven't seen this masterpiece.
I worked in the mortgage/CDO/CDS industry for 10yrs during that period (2005-2015).
If anything, the movie was too positive. There aren't as many players like Steve Carell's character who are worried about the world, they are usually worried about how to liquidate their book at the right time.
The bit about getting marked the wrong way was especially spot on.
Another very accurate movie: "Margin Call"