The Big Short Synopsis & Review: Plot Summary

🎯 Quick Overview

Trailer
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πŸ˜… Plot Summary – Badly Explained

🍿 The Big Short: Detailed Plot Synopsis

Michael Burry’s Discovery

In 2005, Michael Burry, a hedge fund manager with Asperger’s, identifies the instability of the U.S. housing market due to subprime loans. He predicts a collapse in the second quarter of 2007 and decides to bet against the market by creating credit default swaps. This decision makes his investors uneasy, but Burry remains steadfast, trusting in his meticulous data analysis.

The Big Short Scene 1

Vennett and Baum’s Investigation

Jared Vennett, a Deutsche Bank salesman, learns of Burry’s strategy and recognizes its potential. He pitches the idea to Mark Baum, a cynical hedge fund manager, and his team. Together, they delve into the subprime mortgage market, discovering widespread corruption and the bundling of toxic assets into Collateralized Debt Obligations (CDOs). Their investigation leads them to question the integrity of rating agencies and the entire financial system.

The Big Short Scene 2

Geller, Shipley, and Rickert

Charlie Geller and Jamie Shipley, two aspiring investors, stumble upon Vennett’s prospectus and see an opportunity to make significant profits. Lacking the necessary capital and connections, they enlist the help of Ben Rickert, a retired banker. Together, they navigate the complex world of credit default swaps, betting against the housing market and grappling with the ethical implications of profiting from an impending economic disaster.

The Big Short Scene 3

⚠️ Spoilers and Ending Explained

If you plan to watch the movie first, watch here and come back to this section afterward.

🎬 Cast & Characters

  • Michael Burry (Christian Bale):Β An eccentric hedge fund manager who identifies the instability of the housing market and profits by betting against it.
  • Mark Baum (Steve Carell):Β A cynical and moralistic hedge fund manager who joins forces with Vennett to expose the corruption in the financial system.
  • Jared Vennett (Ryan Gosling):Β A Deutschebank salesman who capitalizes on Burry’s discovery and guides Baum into betting against the housing market.
  • Ben Rickert (Brad Pitt):Β A retired investment banker who assists Geller and Shipley in their efforts to short the housing market, grappling with the moral implications.
  • Charlie Geller (John Magaro):Β An ambitious young investor who, along with Shipley, uncovers Vennett’s prospectus and seeks Rickert’s help to profit from the impending crisis.
  • Jamie Shipley (Finn Wittrock):Β An ambitious young investor who, along with Geller, uncovers Vennett’s prospectus and seeks Rickert’s help to profit from the impending crisis.

πŸ’¬ Memorable Quotes

  • Jared Vennett:Β “Truth is, the lie’s been working just fine.” – Reflects the widespread ignorance and acceptance of the fraudulent financial practices.
  • Mark Baum:Β “They’re not confessing. They’re bragging.” – Baum realizes the bond salesmen aren’t remorseful, but proud of their manipulation.
  • Ben Rickert:Β “If we’re right, people lose their homes. People lose their jobs. People lose their savings. People get really hurt.” – Rickert reminds the younger investors of the devastating consequences of their financial success.
  • Michael Burry:Β “I may have been wrong, but I’m not wrong.” – Burry remains confident in his analysis even when facing opposition and doubt.

πŸ’°Box Office

  • Budget: $28,000,000
  • Domestic Gross:Β $70,259,870
  • Worldwide Gross:Β $133,440,870

πŸ’₯ The Big Short Reviews

Personal Review

I walked into this movie expecting to be bored out of my skull with financial jargon, but I was so wrong. The way they explained everything using celebrities and analogies was genius. I was actually entertained while learning about the housing crisis! Steve Carell’s performance hit hard, especially when he visits the empty development. It made everything feel so real and impactful. I walked out of the theater both angry and informed, which is a rare combo.

  • Who would enjoy:
    • “Viewers interested in finance and economics.”
    • “Fans of character-driven dramas.”
    • “Those seeking films that expose corporate corruption.”
    • “People who appreciate dark humor and satire.”
  • Content warnings ⚠:
    • “Strong language”
    • “Complex financial concepts that may be confusing”
    • “Mature themes related to economic hardship”
    • “Brief partial nudity”

Professional Reviews

  • Rotten Tomatoes: “A surprisingly entertaining and insightful look into the 2008 financial crisis. While some of the financial jargon can be overwhelming, the film uses creative techniques to keep viewers engaged and informed, making a complex subject accessible.
  • Metacritic: “The Big Short manages to be both infuriating and hilarious, thanks to sharp writing, strong performances, and a willingness to break down complex financial concepts for a mainstream audience. A must-see for anyone who wants to understand the roots of the 2008 crisis.
  • IMDB: “”The Big Short” is educational, relevant and entertaining. The film uses a multitude of techniques to tell the story. There are fourth-wall breaking monologues, a model in a bubble bath explaining economics as well as a singing idol and a celebrity chef using metaphors of cooking and gambling to explain the economic crisis

Audience Reactions

The celebrity cameos explaining complex financial terms were both hilarious and helpful.: Viewers found the movie surprisingly entertaining despite the complex subject matter.

Steve Carell’s performance was a standout, portraying both anger and grief effectively.: The acting was universally praised, with many singling out Carell and Bale.

Overall Consensus: The Big Short is a critically acclaimed and entertaining film that tackles a complex subject with humor and intelligence. It’s praised for its strong performances, creative storytelling, and ability to educate viewers about the 2008 financial crisis.

Awards

  1. Academy Award (Best Adapted Screenplay)- 2016
  2. BAFTA Award (Best Adapted Screenplay)- 2016
  3. Critics’ Choice Movie Award (Best Adapted Screenplay)- 2016
  4. USC Scripter Award (Best Adapted Screenplay)- 2016
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πŸ› οΈ Behind the Scenes

  • “Christian Bale wore Dr. Michael Burry’s actual clothing during filming after meeting him and requesting his shorts and T-shirt.”
  • “The film uses unconventional methods to explain complex financial concepts, including celebrity cameos and fourth-wall breaks, to make the subject matter more accessible to a wider audience.”
  • “Director Adam McKay, known for comedies, took on a more serious tone with ‘The Big Short,’ aiming to inform and entertain while exploring the causes of the 2008 financial crisis.”

πŸ–₯️ How to Watch The Big Short?

The Big Short is widely available for streaming and purchase. You can find it on platforms such as Prime Video, Apple TV, and Vudu, where it’s available for rent or purchase. Check your local cable provider for on-demand options. For physical copies, look for it on Blu-ray or DVD at major retailers like Amazon or Best Buy. Availability may vary by region, so be sure to check your local listings.

The Big Short Scene 5

πŸŽ₯ Similar Movies

If you enjoyed The Big Short, you might like these similar films:

  • Margin Call (2011): Focuses on the 2008 financial crisis from the perspective of an investment bank facing imminent collapse.
  • Too Big to Fail (2011): A detailed, docudrama-style depiction of the government’s response to the financial crisis.
  • Wall Street (1987): Explores the themes of greed and insider trading in the high-stakes world of finance.
  • The Wolf of Wall Street (2013): Showcases the excesses and corruption of Wall Street through the story of a stockbroker.
  • Rogue Trader (1999): It is a story about the collapse of Barings Bank due to the actions of a single trader.

πŸ›’ The Big Short Related Products

🎧 Soundtrack

The Big Short features a captivating soundtrack that enhances the movie’s atmosphere and emotional impact. Here are some notable tracks:

You can find the complete soundtrack on Amazon Music and Apple Music.

🀨 FAQ

What is ‘shorting’ the market?

Shorting the market is betting that an asset’s price will decline. In ‘The Big Short,’ the characters short the housing market by purchasing credit default swaps, which pay out if mortgage-backed securities default. It’s essentially insurance against the failure of these securities.

What are CDOs and why were they so problematic?

CDOs (Collateralized Debt Obligations) are bundles of debt, including subprime mortgages, packaged together and sold to investors. They were problematic because they masked the risk of the underlying mortgages, received inflated ratings from credit agencies, and amplified the impact of defaults, contributing significantly to the financial crisis.

Is ‘The Big Short’ a true story?

Yes, ‘The Big Short’ is based on actual events and real people who profited from the 2007-2008 financial crisis. While some details are fictionalized for narrative purposes, the core events and financial mechanisms depicted in the film are accurate.

πŸ”₯ Bonus Content

The Big Short (2015) – Jared Vennett’s Pitch to Front Point Partners (Jenga Blocks Scene) [HD 1080p]

Get ready for a thrilling ride as Jared Vennett masterfully convinces Front Point Partners to join him in betting against the housing market. This iconic scene from The Big Short highlights the power of unconventional thinking and the dangers of unchecked financial practices.

The Big Short (2015) – Mark Baum (Steve Eisman) Meets a CDO Manager [HD 1080p]

Prepare to be shocked as Mark Baum confronts a CDO manager in this intense clip from The Big Short. Witness firsthand the arrogance and ignorance that led to the financial crisis, and understand why this movie remains so relevant today.

The Big Short (2015) – Dr. Michael Burry Betting Against the Housing Market [HD 1080p]

Step back in time to witness the moment Dr. Michael Burry makes the bold move of betting against the housing market in this captivating clip from The Big Short. His foresight and courage will inspire you to think outside the box and challenge conventional wisdom.

The Big Short: Watch 10 Dark and Hilarious Minutes From the Film

Immerse yourself in the world of The Big Short with this extended clip that will leave you entertained and intrigued. Get ready for a wild ride through the darkest and funniest moments of this award-winning drama.

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