Bubble is a game of drumming and passing flowers. Everyone is betting on the probability, and betting on the probability of stopping at oneself, but often our judgment of the probability is affected by what happened before. Like the movie said that the hand feels so wrong, but the hand feels so good. When for sure, the crisis may also be in ambush.
The movie is a bit similar to the margin call, but there are a lot of interesting pause and insertion explanations, which is quite pleasing. In the second half, there were expressions of short selling based on other people's pain, such as when Ben said why he hated finance.
The Phantom of the Opera inserted before going to Las Vegas is also very interesting. The Phantom of For sure keeps appearing, the tulip bubble, the technology stock bubble, and the CDO who changed his vest mentioned at the end of the film. At this sensitive time, people can't help but wonder whether domestic housing prices can keep rising like this, even if it shoulders the GDP and the country's will to maintain stability, whether it can resist the bubble burst after For sure.
A correct investment strategy is difficult to prove right in the first place. A wrong choice, and a right choice that hasn't been proven, can be difficult to discern. Before it is proven to be right, it is necessary to bear a lot of doubts, and admire the wise men and warriors in the movie.
Of course, the person who predicted the real estate bubble burst may not necessarily be due to wisdom. If he is a pessimist and predicts the end of the world pessimistically, as Haruki Murakami said. In that case, he may not have been able to predict the recovery in the next decade.
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