The Big Short Ending Explained

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The Movie is Based on the book "The Big Short: Inside the Doomsday Machine" by Michael Lewis. Its recommended to read the book, if you want to learn everything in detail.

In this video, we have explained the ending of the Big Short Movie and How all three groups of guys from the movie made money. If you are really curious it is recommended that you read the book mentioned above.

Some of the Images/clips source

#bigshort #michaelburry #recession
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Also check out these other videos about The Big short and 2008 crisis explanation.
Watch this video to understand the 2008 crisis 👇👇

TheMoneyTalks
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Those CGI videos of the actors were very unsettling, but the video was overall great

nonamernobrainer
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I got my own bailout during that era. I had a fat 401K and exempt assets like a cheap house and a grand piano, but lots of unsecured debt - so I just did a Chapter 7 while everything was collapsing, getting to keep all my stuff while adding to the banks' losses. The lesson here - when everyone else is taking bite out of the apple, make sure to take a bite yourself.

swampwiz
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Very interesting finding people that looked similar to the actors

picklesandufos
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The AI actor overlays were disturbing.

cforte
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That hit me when he said “profit vs morailty stigment” getting rich knowing others will suffer, that’s why I try to do the best I can at my job maximize profit while lowering risk to my clients, badass movie

nathanvu
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He doesn't wait until the last minute to sell they shit themselves 😂

seamusoconnor
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Micheal Burry shut his firm down because given the knowledge, the advantage and the size of the pool of capital he had, he lost.
In terms of opportunity cost far greater than he imagined or could bear. Let alone reasonable expect put himself through again.
His loss of opportunity was so severe he avoided ever going through that again and shut his firm down.
It simply wasn’t worth it.

Most viewers saw the dollar figure gain he made.
Burry saw the dollar figure gain he didn’t make.
That is why he saw the venture in the first place.

rolandnelson
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Michael Burry had the insight to realize if he was correct, or rather when his analysis proved out, the institutions would default. Thus, unlike the others, he added the safeguard of having the institutions provide insurance. Unfortunately, he failed to foresee that the insurance providers might also collapse.

Where do you get Jared Vennett being unconcerned about ethical obligations of his actions? Mark Baum accurately characterized him as being transparent. Jared saw the problem as being stupidity. He was entirely upfront with his clients, his colleagues, and the audience.

The Mark Baum 'make them suffer' thing made no sense. Because of his position with MS, he, his firm, and his clients were the ones who would suffer by his holding out. The gov't bailout came later.

As things played out, it really was stupidity. Most of those involved rally believed the system couldn't fail.

Ethics issues lie with the ratings agencies. In part, they seemed not to fully understand how to rate such complex products, especially, CDO squared, and synthetic CDOs, but it was a bad choice to rate them as safe until proven otherwise.

roseymalino
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"Do not trust banks" with a Bitcoin of all things? Yeah, those are definitely safer

Zippsterman
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"... but they chose to sell their swaps for 80 million dollars as they thought that's sufficient money for

MonoVendetaMario
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Only get 47M ? Jared made 1.5 B for Deutsche bank. That is just 3.1%. And need to pay a lot of tax.

lamwlw
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Yo what in the fuck, I get 4 minutes into this video, go to work cause I was just chilling watching some YT before going, come back, The current time is 6:37, my workplace appeared in the video at 6:37. I was literally just in there.

lillegitimate
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Wow Ben actually looks like Brad Pitt and Michael actually looks like Christian Bale. Like exactly.

CroshVine
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80 million...sufficient for them...great line 😂

Ruddermeister
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No job, no money, no credits you are qualified for one mortgage,
No job, some money, some credits you are qualified for two up to four mortgages,
One job, some money, some credits you are qualified for as many mortgages as desired,
It's a Win-Win game. You can own as many houses as you like and the Fed can print money as much as they want. 😆

Tideo
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sell half the swaps - hold the rest.
That's still $40m + a $150m coin flip.

Daygoth
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First 50 seconds I have no clue what's going on. What's a swap?

Munrubenmuz
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every single AI clip here looks like absolute piss. interesting topic though.

ChrisCanberg
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Charlie & Jamey
12million get 80million
Michael burry
? Get 1.4m
Baum
50million get 1 billion
Jaret
0 get 4.7 million
How much micheal burry put

joferos