Self-blame should be short-lived, but remembered long-term

Robbie 2022-04-20 09:01:40

Recommended by Fengyue, many details are well done, recording the eve of the financial crisis caused by the United States in 2008. The level of the company is clearly reflected in the movie. A simple aviation genius who is proficient in mathematics is very suitable for risk control. It requires a strong sensitivity to numbers. The small tech nerd also relied on this technology to keep their jobs at the beginning of this financial turmoil.

What the middle management in the middle said to the big boss is actually very profound. This crisis and everything that everyone has to face is not a problem of their company, but also a cycle of economics. No wonder anyone, any No one can be separated from the relationship. When will the next financial turmoil, which has been rare in decades, come, this may be a movie of deep self-reflection in the United States.

Finance, as its social nature, is only a feedback of human nature. The improvement of the financial market may also come from the improvement of risk management. Everyone needs to be vigilant to make the storm less violent and more gentle.

Learn from the experience of falling to the bottom again and again, grasp the law, stand up again, remember the painful lessons, the lessons that have been experienced, the mistakes that have been made, the greed that has been aroused, the places that have been lost , never go again. so do people

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Extended Reading

Margin Call quotes

  • John Tuld: So you think we might have put a few people out of business today. That its all for naught. You've been doing that everyday for almost forty years Sam. And if this is all for naught then so is everything out there. Its just money; its made up. Pieces of paper with pictures on it so we don't have to kill each other just to get something to eat. It's not wrong. And it's certainly no different today than its ever been. 1637, 1797, 1819, 37, 57, 84, 1901, 07, 29, 1937, 1974, 1987-Jesus, didn't that fuck up me up good-92, 97, 2000 and whatever we want to call this. It's all just the same thing over and over; we can't help ourselves. And you and I can't control it, or stop it, or even slow it. Or even ever-so-slightly alter it. We just react. And we make a lot money if we get it right. And we get left by the side of the side of the road if we get it wrong. And there have always been and there always will be the same percentage of winners and losers. Happy foxes and sad sacks. Fat cats and starving dogs in this world. Yeah, there may be more of us today than there's ever been. But the percentages-they stay exactly the same.

  • Will Emerson: Jesus, Seth. Listen, if you really wanna do this with your life you have to believe you're necessary and you are. People wanna live like this in their cars and big fuckin' houses they can't even pay for, then you're necessary. The only reason that they all get to continue living like kings is cause we got our fingers on the scales in their favor. I take my hand off and then the whole world gets really fuckin' fair really fuckin' quickly and nobody actually wants that. They say they do but they don't. They want what we have to give them but they also wanna, you know, play innocent and pretend they have no idea where it came from. Well, thats more hypocrisy than I'm willing to swallow, so fuck em. Fuck normal people. You know, the funny thing is, tomorrow if all of this goes tits up they're gonna crucify us for being too reckless but if we're wrong, and everything gets back on track? Well then, the same people are gonna laugh till they piss their pants cause we're gonna all look like the biggest pussies God ever let through the door.

    Seth Bregman: Do you think we're gonna be wrong?

    Will Emerson: [long pause] No, they're all fucked.

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