Mark Baum
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The Big Short is a 2015 American biographical crime comedy-drama film directed and co-written by Adam McKay. Co-written by Charles Randolph, it is based on the 2010 book The Big Short: Inside the Doomsday Machine by Michael Lewis showing how the 2007–2008 financial crisis was triggered by the United States housing bubble. [4]
Mar 12, 2021 · Key Takeaways. The Big Short is a 2015 film adaptation of author Michael Lewis’s best-selling book of the same name. Directed by Adam McKay, The Big Short chronicles the years leading up...
So What Exactly Happened in The Big Short? The Big Short tells the story of the financial crisis through a group of outsiders and misfits who predicted the housing collapse and became fabulously rich. If you grasp that, then you’ll be able to enjoy the 5-time Oscar nominated film.
Dec 11, 2015 · The true story behind The Big Short reveals that the real Michael Burry has always been an introvert. When his own son was diagnosed with Asperger's syndrome, Burry began to believe that he too suffered from a mild form of the autism-related condition.
- A brief summary of the financial crisis. In a very, very small nutshell, the meltdown happened because banks were irresponsibly giving mortgages to people who couldn't afford them (and, in truth, probably shouldn't have taken them on).
- What it means to "short" something. Most people, correctly, think of successful investing as buying stocks or bonds when prices are low (because you believe their value will go up) and later selling high.
- A few key definitions. We've come this far without much jargon. But these things have names and it'll help to know them. Mortgage A loan that the borrower uses to buy real estate.
- This story isn't just about bad policies, over-extended borrowers, and risky bets gone bad. It's about fraud and deception, too. Many people who got caught up in the crash—ordinary homeowners and investors alike—had fallen under a kind of mass delusion in which the American housing market was considered invulnerable.
The Big Short: Directed by Adam McKay. With Ryan Gosling, Rudy Eisenzopf, Casey Groves, Charlie Talbert. In 2006-2007 a group of investors bet against the United States mortgage market. In their research, they discover how flawed and corrupt the market is.
The Big Short describes several of the main players in the creation of the credit default swap market who sought to bet against the collateralized debt obligation (CDO) bubble and thus ended up profiting from the financial crisis of 2007–08.
