Thursday, December 17, 2015

The Big Short

Intentionally or unintentionally The Big Short is funny. This could be seen as gallows humor.   The main characters identify the impending collapse of the mortgage market which is refuted by the major financial institutions. The tension of the movie is who will win the bet. Every one over the age of twenty knows the answer. What makes the movie intriguing is how this band of financial savants/misfits, put their firms on the line holding to their convictions while the “experts” deride them.

All the actors were sterling. The main actors are Steve Carell, Christian Bale, Ryan Gosling and Brad Pitt. Christian Bale gives a spectacular performance. He plays Michael Burry a one eyed bare foot doctor who probably has Asperger and listens to heavy metal music to calm himself. Aside from being certifiable he is a financial genius. He sees what others do not see and bets big on it.

Steve Carell plays Mark Baum who is devoid of social skills. Between bouts of depression and anxiety he delivers some of the best humor of the movie relying on his comedic chops. Ryan Gosling is Mr. Slick. Abrasive and fast talking his rudeness is epic. Brad Pitt plays Ben Rickert, the mellow financial mentor. He is too mellow and is nearly wasted for the part.

To explain complex financial concepts the movie employs humorous vignettes. One has Antony Bourdain explaining the mortgage bundling to create derivatives by making a bouillabaisse as an analogy. Another has Selena Gomez explaining synthetic credit default swaps. I think she hurt herself. Jengo blocks were used to illustrate credit ratings (it worked).


This movie is outstanding, too bad it is all true.

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