MARGIN CALL (2011) - Editors #1 Pick
Staring: Kevin Spacey, Simon Baker, Demi Moore.
Duration: 109 minutes
The story takes place over 36 hours at a large investment bank at the beginning of the 2007/08 financial crisis. A junior analyst discovers that the banks holdings in worthless mortgage backed securities will soon bankrupt the bank, leading to all traders at the firm to knowingly sell worthless investments to clients. Thought provoking and eerily similar to the situation that occurred with Goldman Sachs in 2007.
INSIDE JOB (2010) - Editors #2 Pick
Duration: 108 minutes
An easy to follow documentary on the Global Financial Crisis from its origins in the early 2000s through to the 2007/08 crash. Narrated by Matt Damon, it's well researched and leaves the viewer angry at the amount of greed and corruption in the financial system.
THE BIG SHORT (2015) - Editors #3 Pick
Staring: Brad Pitt, Christian Bale, Ryan Gosling & Steve Carell
Duration: 130 minutes
A comedy/drama that’s loosely based on a true story and follows three groups of people who predict the collapse of the US credit and housing bubble prior to the 2008 collapse.
Expecting a massive 2Q 2007 collapse in the financial system, they bet against the market and make huge profits.
The following videos are in no particular order...
THE WOLF OF WALL STREET (2013)
Staring: Leonardo DiCaprio, Jonah Hill, Margot Robbie, Matthew McConaughey.
Duration: 179 minutes
Based on the life of Jordan Belfort, The Wolf of Wall Street chronicles the rise and fall of a charismatic and unscrupulous stockbroker who ends up in prison for securities fraud. Holding the world record for the most number of "f*cks" in any movie, some complain it was too long and boring, others (men in particular) find it highly amusing and thoroughly enjoyable.
BOILER ROOM (2000)
Staring: Giovanni Ribisi, Vin Diesel, Ben Affleck.
Duration: 120 minutes
A 19 year old college dropout becomes a highly successful stockbroker at a boiler room (a company that sells worthless investments through high pressure sales calls). Contains excellent sales scenes (similar to those in the Wolf of Wall Street) and portrays every negative stockbroker stereotype. It’s Wall Street for a younger and more aggressive audience.
Duration: 55 minutes
Trader follows a young Paul Tudor Jones (now a billionaire hedge fund manager) just prior to the 1987 stock market crash. The 32 year old trader and his 27 years old “chief economist” offer a behind-the-scenes look at futures trading and the stressful nature of the job.
Paul hates the way he was depicted (often seen to be extremely nervous) so online copies are regularly taken down without warning following complaints.
Click the image below and enter the password "view".
WALL STREET (1987)
Staring: Michael Douglas, Charlie Sheen, Daryl Hannah.
Duration: 126 minutes
A young and ambitious stockbroker becomes involved with a wealthy corporate raider. The movie is a mature look at the conflict between greed and ethics in the financial world. While not as fast paced or in your face as Boiler Room, it’s a must watch classic.
ROGUE TRADER (1999)
Staring: Ewan McGregor
Duration: 101 minutes
A true story about a 28 year old Singapore based derivatives trader, Nick Leeson, who single handedly brought down Barings Bank through high-risk trading, lies and deception. Nick generated a £800m loss that forced one of the world’s oldest merchant banks into insolvency and sent him to jail. Despite poor reviews, any one with a basic knowledge of futures and derivatives should find it very interesting.
MILLION DOLLAR TRADERS (2009)
Duration: 3 Episodes (60 minutes each)
A British reality television series that follows 12 wannabe traders with no share trading experience on their journey to becoming a fund manager. The goal was to see if the inexperienced traders can be taught to outperform the market and professional investors. Set during the 2007-09 financial crisis, fund manager Lex Van Dam gives the contestants £1m to trade the emotional roller coaster the contestants must endure is documented for all to see. An excellent and addictive show.
THE BANK (2001)
Staring: Anthony LaPaglia
Duration: 106 minutes
An Australian drama about a mathematician who devises a formula to predict future movements in the stock market. Although it's little slow at times, it finishes with a twist. People with an interest in algorithmic trading will find it interesting.