Movie Mania - Hitting you on for a Financial Freak!
Many movie classics have been successful in depicting real-life as well as fictitious stories of blooming business brains and their tryst to success, bringing the challenges of businessmen and entrepreneurs to the silver screen! There are several fantastic movies that have represented the business and corporate world as a multicolored canvas. With the help of ground-breaking concepts and avant-garde tactics, the business world is full of outstanding individuals who have altered our perception of how an organization should be run.
Below mentioned movies are a must-watch for every aspiring financial professional, but even if you aren't considering a career in the industry, they can provide you some perspective into the crazy and occasionally bizarre world of money. Reality may be far more incredible than any narrative Hollywood can concoct, as the adage "truth is stranger than fiction" and catastrophes like the 2008 recession, the collapse of Enron, and the Madoff scam have demonstrated.
The Big Short
This film, which is based on Michael Lewis' nonfiction book "The Big Short: Inside the Doomsday Machine," follows a few astute traders as they discover the housing bubble that led to the financial crisis in 2007–2008 before anybody else.
The film is renowned for its deft explanations of complex financial products, such as Selena Gomez explaining synthetic CDOs over a poker table or Margot Robbie explaining mortgage-backed bonds in a bathtub filled with champagne.
The 24-hour day in the life of a Wall Street corporation on the verge of collapse is shown in "Margin Call," maybe the most financially realistic film on the list.
Margin Call tries nothing to disguise its scorn for some of the biggest banks' careless risk-taking in the years leading up to the 2008 financial crisis, including trading complicated derivative contracts that they themselves hardly comprehended. Two of the film's key protagonists are discussing the imminent disaster that will soon befall their bank and the unprepared financial landscape in a sequence that is immensely heartbreaking. A janitor is standing between them and is utterly unaware of what is happening.
The Wolf of Wall Street
You are missing out on some of Leonardo DiCaprio and Jonah Hill's greatest performances if you haven't watched this Scorsese-directed movie tracing the rise and fall of a famous stock fraudster, Jordan Belfort.
Similar to "Barbarians'" pump and dump, "The Wolf of Wall Street" is based on actual events, involving the notorious Stratton Oakmont, an over-the-counter financial services firm, and a pump-and-dump scheme that assisted the IPO of several significant public companies in the late 1980s and 1990s (though again with a heavy dose of dramatics).
Boiler Room is situated on the absolute bottom rung of the financial ladder: the pump and dump scheme, in contrast to "Barbarians at the Gate," which takes place in the gloss and splendor of a corporate boardroom. Although "Boiler Room" is a fictional story, pump-and-dump companies and the anguish that their victims endure are both quite real.
The movie "Boiler Room" serves as a cautionary tale for people just beginning their stock market investing careers. It advises them to remain with transparent, reliable businesses with strong foundations and to always abide by the maxim "If it sounds too good to be true, it usually is."
Unexpectedly, the top financial film that every professional must watch is the Oliver Stone classic that inspired countless college grads to hurry to their Series 7 tests while uttering the legendary words "Blue Horseshoe loves Anacott Steel." Nearly 30 years after it was first produced, "Wall Street" still has amazing power as a recruitment tool for traders, brokers, analysts, and bankers. It was first designed to depict the excess and hedonism associated with the banking industry.
In spite of the fact that the film serves to educate us about the risks of insider trading, let's be honest: who wouldn't like to be Bud Fox or even Gordon Gekko (legitimately, of course) and enjoy a little in our greedy side? After all, as Gekko would say, "Greed is good."
Inside Job is a documentary that puts to light the final plot of financial corruption in the United States and its ramifications while presenting the financial crisis of 2008 on the big screen. Given that it highlights the crucial elements that contributed to the collapse of the American economy, it is one of the greatest business movies for people looking to understand the financial crisis of the 2000s.