As a student we study hard but sometimes we need some distraction. One way to find that distraction is to go out to a bar or to stay in and relax at home. When I want to let off steam I turn to Netflix. Especially in winter times when it’s cold outside and you can curl up in a blanket. I know many of you share the same hobby, so therefore I want to share some movies that might interest you. So if you don’t know what to watch and have been scrolling to the menu for 15 minutes stay tuned!
The Big Short
One relatively new movie about Wall Street, traders and money is The Big Short. The movie is based on the book of Michael Lewis, which describes several of the main players in the creation of the credit default swap market that sought to bet against the collateralized debt obligation (CDO) bubble and thus ended up profiting from the financial crisis of 2007–08. This may sound boring to those of you who aren’t that interested in finance, but yet the movie made is so easy to understand and still entertaining to watch you almost forget that you are watching a movie about such a subject. Personally I would recommend the movie to every business student because I think it’s a must to know how the financial crisis occurred.
The next movie I want to share with you is called Moneyball, also based on a book by Michael Lewis. When you look at the poster you think: is this movie about business or entrepreneurship? Yes it is, but in its own way. The movie follows Oakland A’s (baseball team) general manager Billy Beane played by Brat Pitt. Also a nice plus for the ladies 😉 The task for Billy is to set up a winning baseball team with the lowest salary constraint in baseball. He hires a young Ivy League grad to scientifically analyze data based on Bill James’ statistic approach so that Beane can select undervalued players based on their on base percentages. This movie demonstrates how the subjects of sport and business are so far apart but yet need each other more than ever. For management students, this film demonstrates the value of innovative thinking and the importance of implementing new processes to drive change and create solutions. It’s also a great example of having the courage to take calculated risks.
One person that could not be absent in this list is Steve Jobs. On the Dutch version of Netflix alone there are more than 3 documentaries about his career alone. Along with the movie Jobs he is more than well represented on Netflix. The documentaries and movie explain mostly how he lived his life as a person and at the same time created the million dollar company Apple. For young entrepreneurs a figure like him is really inspiring to watch. He may sometimes have failed or have people tell him that his ideas were not worth investing in but in the end it all worked out. Therefore one of the most inspiring quote came from his hand. He believed in the motto: “think different,” which can be seen in those documentaries and movies made about his life.
Wall Street: Money Never Sleeps
To end my list with maybe the one that is the most obvious one in this list, yet it can’t fail. Many movies have indeed been made about Wall Street. For those of you have lived underneath a rock, Wall Street is a street located on the southern part of Manhattan, New York, which often is referred as the financial capital of the world. The New York Stock Exchange is located on Wall Street, which can be seen as the most important index for traders. Also many banks and other financial institutions operate from there. The movie Wall Street: Money Never Sleeps is quite recently filmed, namely in 2010, as a sequel to the classic Wall Street (1987). Recently out of prison, Gorden Gekko works with his future son-in-law, an idealistic stockbroker, when he sees an opportunity to take down a Wall Street enemy and rebuild his empire. The movie teaches you about the daily struggles to make is as a broker, and how crazy that world sometimes can be. However, the movie gives a shot of the world which is yet very attractive for many entrepreneurs as stockbrokers.