The market is closed, it is Sunday and there is no reason why you should not be entertained. Why not watch a good financial thriller or stock market drama during your down time? Here's some great choices that might even prove educational and at the very least, interesting.
A brilliant motion picture demonstrating the ascent of the corporation as a man. The movie is an in-depth psychological investigation of the legal concept of a corporation. The corporation can buy property, has legal ownership and rights. This gets you questioning. If the corporation is like a person, what is the mental status of that individual? Is that individual useful for society? An absolute must see movie.
Another great thriller by Oliver Stone, who coincidentally, made the film as a tribute to his stockbroker father Lou Stone. It's interesting to know that even before the movie was filmed, Stone went to stock floors and dwelled on the subtle elements of brokers' language and the innovation used. Wall street is a trader's cult classic, which revolves around a father-child relationship.
This may be the funniest Wall Street movie ever made. The storyline hilariously weaves from a drunken, deranged Santa Claus to a Cameroon exchange student and then an unfortunate case of mistaken identity involving a gorilla outfit. Trading Places is a farce of the social commentary it's trying to make. This film has definitely withstood the comedic test of time - so if you're looking for laughs, you won't be disappointed.
This is brilliantly executed documentary that revolves around Chicago's futures trading pits. It scores high on the education factor for several reasons. First, it provides insight into futures markets and trading. You will hear a lot of shocking anecdotes and honest commentary from those interviewed. Secondly, the movie highlights the real world issue of gambling vs. real trading. This is a must-watch movie for anyone interested in futures or general trading.
What happens when you over leverage? We have mentioned it many times in our webinars of course, but this movie tells it on a wider stock-market scale. In short, your account can go from ahead to dead in seconds when investment firms over leverage and get a margin call. This film is almost a horror because it exposes how delicate our financial system really is. It does not shy away from exposing greed and its moral downfall either. Kevin Spacey brilliantly plays the role of a Head Trader. No matter how deep you are in trading, you need to watch this one.
The film was made in 1987 during the raging bull market. The movie portrays legendary hedge fund manager Paul Tudor Jones and his Tudor Investments firm. Filmed before the 1987 Wall Street crash, Trader looks at futures trading and the frantic pace of the marketplace during this time. It also highlights the wealth that traders like Jones accumulated ahead of the epic crash. The movie is a rarity but if you can rent a copy somewhere, don't hesitate to do it.
This movie is my personal favorite.
It is based on the true story of a brilliant yet depraved financial expert Jordan Belfort who served 22 months for fraud and money laundering. The storytelling is direct, very interesting from the very first moments. An epic movie maxed out to grand proportions. In my opinion, this has undoubtedly been DiCaprio's best screen performance so far. I should also mention an Oscar nominee Jonah Hill, whose performance was toe-to-toe with DiCaprio's. Pay attention to a climactic sushi-eating scene which is one of the best scenes in the movie.
Don't be surprised to find some references to my previous blog about Trading myths in these movies. Remember, you should always relax after a hard working day/week, to stay positive, optimistic and energized. These movies will certainly have a positive impact on your mindset.
I have discussed the movies I liked the most. But if you feel there are others that can be added to this category, please feel free to let us know in the comments below.
Cheers and good trading,
Nenad and Chris