I think Black Sholes was theorized in the 70s but not really put into practice until the 90s
flopson have you ever read http://en.wikipedia.org/wiki/When_Genius_Failed:_The_Rise_and_Fall_of_Long-Term_Capital_Management
― 乒乓, Monday, 30 December 2013 22:57 (twelve years ago)
i haven't! only thing i've read on this topic is justin fox myth of the rational market but it's told more from the academic side of things, super good though
― flopson, Monday, 30 December 2013 23:06 (twelve years ago)
You should, it's about Myron Scholes putting Black Scholes into practice and it worked splendidly until it didn't
― 乒乓, Monday, 30 December 2013 23:07 (twelve years ago)
i had to read 'when genius failed' for an undergraduate course in derivatives, its p good
this movie kinda made me want to go into finance
haha i felt the same thing but after watching 'margin call'. i think the difference btw then/now isnt about quants but like traders vs. brokers, how deregulation/securitization made it easier/more profitable for firms to trade on their accounts rather than for clients &c i mean clients are still basically getting fucked (lol two and twenty) but thats not really where the smart money is now ime
― chopper back (Lamp), Monday, 30 December 2013 23:48 (twelve years ago)
The movie's also pretty explicit about setting up these boiler room guys as not having a street number on the proper white shoe Wall Street, they keep on trying to barge onto the scene with the GS and Lehmans but never quite get there
― 乒乓, Monday, December 30, 2013 2:26 PM (6 hours ago) Bookmark
yeah i mean stratton oakmont never left long island. they were headquartered in lake success when they finally went under
― Hungry4Ass, Tuesday, 31 December 2013 01:39 (twelve years ago)
乒乓 how did u feel about chester ming, felt to me like it was somehow progressive (for hwood) that him being a scumbag from long island was his primary trait
― Hungry4Ass, Tuesday, 31 December 2013 01:52 (twelve years ago)
Yeah Chester Ming was alright by me
Felt that the movie drops the plot threads of all of the original crew ex Leo, Jonah, and Bernthal by the end but that's to be expected in a 3 hour movie
― 乒乓, Tuesday, 31 December 2013 01:56 (twelve years ago)
I liked that scene on the plane where jordan is horrified that he used the "n" word during his drug induced freakout
― christmas candy bar (al leong), Tuesday, 31 December 2013 01:56 (twelve years ago)
Walking around NYC you hear tons of azn dudes with thick Brooklyn and Queens accents, it's fun
― 乒乓, Tuesday, 31 December 2013 01:58 (twelve years ago)
http://i.imgur.com/tJVoFTR.png
Man I was ready to clown Leo for wearing lifts when he gets his mugshot taken
But I guess he really is 6 feet
Somehow he's a 6' irl guy who seems like he's 5'7 on screen
― 乒乓, Tuesday, 31 December 2013 02:02 (twelve years ago)
A small point, I suppose, but was anybody bothered by the cerebral palsy joke? I winced as I watched the film, then later on thought how one of the great things about Taxi Driver is that Schrader and Scorsese didn't censor themselves, so maybe the same thing was at work here. I don't think so, though. The racial bile in Taxi Driver is brutal, as is the way Harvey Keitel talks about Jodie Foster. But, for lack of a better word, all those words feel real. I don't question whether they should be there. They are, and they should be.
De Caprio's cerebral palsy line really does feel like the worst sort of cheap to me. I mean, they fit the character, but I think the intent is to get you to laugh along with him. I don't usually dwell on things like that. The tone of this film just loses me altogether.
― clemenza, Tuesday, 31 December 2013 03:06 (twelve years ago)
My thoughts during that scene was a mental compare/contrast with how Apatow would have done it. I didn't mind the tone of this movie at all. The guy is so selfish, and shortsighted and, more than some other moral comeuppance flicks, more or less gets away with it, too, with relatively minor (for his corrupt, diseased perspective) collateral damage. Unlike, say, Scorsese's mob movies, where people get blown/chopped/shot up. He gets away with it all, and yet, he still loses, because he is a sleaze. And yet, the shot with Coach on the train pretty much underlines it: Leo "loses," but the good guy is still stuck riding the train.
xpost One of DiCaprio's secret weapons is his heft. He's apparently a pretty big, hulking dude. He was the wrong actor for "Gangs of New York," but the right size. His stature fit his menace in "Django," for sure.
― Josh in Chicago, Tuesday, 31 December 2013 03:35 (twelve years ago)
― clemenza, Monday, December 30, 2013 10:06 PM (1 hour ago) Bookmark
i mean its consistent with "dots not feathers" and the rest of his vapid asides... you notice that the whole movie is blanketed in his cool guy with tude explaining things 2 u voiceover and yet you never actualyl laugh at the things he says, doesnt seem accidental
― Hungry4Ass, Tuesday, 31 December 2013 04:34 (twelve years ago)
I thought it crossed a line into mean-spiritedness, even for that character...or on Scorsese's part. But, like I say, the movie lost me well before that, so I'm seizing on something I probably wouldn't be if it hadn't. (Sort of like how John Simon seized on the line about selling pencils outside of Bloomingdale's in his Manhattan review.)
― clemenza, Tuesday, 31 December 2013 04:51 (twelve years ago)
I've been racking my brain - what was the term for stockbrokers in the '80s, "Lords of" or "Princes of" something or something like that? It's completely slipped out of my brain.
― Kiarostami bag (milo z), Tuesday, 31 December 2013 05:33 (twelve years ago)
http://images.fanpop.com/images/image_uploads/Masters-of-the-Universe-he-man-604211_1024_768.jpg
― lag∞n, Tuesday, 31 December 2013 05:36 (twelve years ago)
http://i.imgur.com/VuvUMKu.jpg
right, damn how did I forget
― Kiarostami bag (milo z), Tuesday, 31 December 2013 05:38 (twelve years ago)
skeletors iirc
― set the controls for the heart of the sun (VegemiteGrrl), Tuesday, 31 December 2013 05:59 (twelve years ago)
that was just tom wolfe and ppl copying tom wolfe
― balls, Tuesday, 31 December 2013 09:56 (twelve years ago)
http://i.imgur.com/UZRv88N.gif
― 乒乓, Tuesday, 31 December 2013 13:05 (twelve years ago)
I thought it crossed a line into mean-spiritedness, even for that character
The character was nothing but mean-spirited
― 乒乓, Tuesday, 31 December 2013 13:06 (twelve years ago)
ha i love that guy to his right whos just around the whole movie yelling getting amped on speeches
― lag∞n, Tuesday, 31 December 2013 13:34 (twelve years ago)
And yet, as pointed out above, he's appalled by himself when told by Hill he used a racial epitaph during a drug binge--there does seem to be a line of sorts. And if not that, then the mean-spiritedness is Scorsese's.
― clemenza, Tuesday, 31 December 2013 14:15 (twelve years ago)
I kept expecting the "and he wasn't even black" punchline to that scene.
― Kiarostami bag (milo z), Tuesday, 31 December 2013 15:16 (twelve years ago)
Forgot what thread was which, but I posted on the Hustle thread: regarding Jordan's asshole behavior, I thought he and his crew, a la party frats, exemplified the axiom that the only people who think assholes are awesome are other assholes. This film was a closed ecosystem of nothing but assholes. Pretty much the only time in the film you get a perspective from anyone but one of the central assholes, iirc, is perhaps a sum total of 30 seconds or so from the perspective of the FBI guy.
― Josh in Chicago, Tuesday, 31 December 2013 18:14 (twelve years ago)
http://dealbook.nytimes.com/2013/12/19/investors-story-left-out-of-wall-st-wolf-movie/
― Strangers look on with a discernible, barely contained ‘wow’. (forksclovetofu), Tuesday, 31 December 2013 19:17 (twelve years ago)
the only people who think assholes are awesome are other assholes
But enough about the audience.
― Alfre, Lord Woodard (Eric H.), Tuesday, 31 December 2013 19:54 (twelve years ago)
that not even true i think assholes are awesome and im the nicest guy youd ever want to meet just dont cross me
― lag∞n, Tuesday, 31 December 2013 19:58 (twelve years ago)
https://pbs.twimg.com/media/BcdRFo5CcAAlOD3.jpg
Oh yes -- Colours by Alexander Julian.
― tbd (Eazy), Tuesday, 31 December 2013 20:04 (twelve years ago)
So were those his real teeth, whitened, or just fake choppers?
― Josh in Chicago, Tuesday, 31 December 2013 20:27 (twelve years ago)
josh in chicago everybody
― balls, Tuesday, 31 December 2013 20:29 (twelve years ago)
balls nobody
― Alfre, Lord Woodard (Eric H.), Tuesday, 31 December 2013 20:29 (twelve years ago)
shouldn't you be making cutesy rape jokes on ilm?
― balls, Tuesday, 31 December 2013 20:31 (twelve years ago)
what a scamp!
Shouldn't you be endorsing financial rape?
― Alfre, Lord Woodard (Eric H.), Tuesday, 31 December 2013 20:37 (twelve years ago)
Sup
http://www.myhungergames.com/wp-content/uploads/2013/11/caesar.png
― Josh in Chicago, Tuesday, 31 December 2013 20:51 (twelve years ago)
I bet in the meadow he can build a snowman.
― Alfre, Lord Woodard (Eric H.), Tuesday, 31 December 2013 20:55 (twelve years ago)
If you know what I'm saying.
Would have enjoyed this a lot more @ 2 hours instead of 3 - at a certain point I just got tired of being hit with repetitive drug debauchery and the office salesmanship. If he'd gotten deeper inside ratholes and juking the Steve Madden IPO and stuff, or Leo's friendship with Jonah Hill, it would have been closer to worth the extra time.
― Kiarostami bag (milo z), Tuesday, 31 December 2013 20:56 (twelve years ago)
"Before long, he, too, has cocaine and hookers — at one point sucking the former from the ass of the latter. "
p. sure Leo was blowing the former into the ass of the latter, not sucking it from.
― Kiarostami bag (milo z), Tuesday, 31 December 2013 20:57 (twelve years ago)
― Alfre, Lord Woodard (Eric H.)
where'd i do this? i mean i get yr just a dumber goofier morbs, the drake to his kanye, but really make an effort scamp
― balls, Tuesday, 31 December 2013 20:58 (twelve years ago)
Bye.
― Alfre, Lord Woodard (Eric H.), Tuesday, 31 December 2013 21:06 (twelve years ago)
Solid zing, tho, and that I prefer Drake to Kanye probably proves it true at every level.
― Alfre, Lord Woodard (Eric H.), Tuesday, 31 December 2013 21:11 (twelve years ago)
Is Hustle the Drake to Wolf's Kanye too?
― Alfre, Lord Woodard (Eric H.), Tuesday, 31 December 2013 21:12 (twelve years ago)
it's the jay z
― balls, Tuesday, 31 December 2013 21:14 (twelve years ago)
http://blogs.indiewire.com/theplaylist/all-the-songs-in-the-wolf-of-wall-street-including-devo-cypress-hill-foo-fighters-more-20131227
― Josh in Chicago, Tuesday, 31 December 2013 21:18 (twelve years ago)
http://www.hitfix.com/in-contention/leonardo-dicaprio-says-wolf-of-wall-street-critics-missed-the-boat-entirely
― Strangers look on with a discernible, barely contained ‘wow’. (forksclovetofu), Tuesday, 31 December 2013 21:36 (twelve years ago)
it was weird hearing "Never Say Never" at a late eighties/early nineties pool party.
― the objections to Drake from non-REAL HIPHOP people (Alfred, Lord Sotosyn), Tuesday, 31 December 2013 21:37 (twelve years ago)
itt "FUN SHIRTS"
― |$̲̅(̲̅ιοο̲̅)̲̅$̲̅| (gr8080), Tuesday, 31 December 2013 22:28 (twelve years ago)