Just like money is an essential part of our lives, it's also sometimes the main topic in documentaries. You can dive into the world of money and get some knowledge while enjoying a nice afternoon on your couch. Plus, five great movies about Wall Street that you can't miss!
Goldman Sachs: The Bank That Runs the World (2012)
Goldman Sachs is one of the most popular banks. This documentary tells lots of interesting histories behind its business, and how it became so influential. This investment bank, created in New York in 1868, has carved out its reputation and success by keeping a low profile. Then, it was accused of serious charges related to corruption and economic malfeasance. In this film, you'll get to know GS’s heart.
The Pit (2009)
This documentary will take you to the floor to experience the traders "in action". And it shows that whatever goes on in the pit impacts the prices of commodities all over the world. The movie focuses on a few traders at various stages of their trading careers, and you'll learn about the traders’' worlds through their personal experiences.
Living On One Dollar (2013)
The plot focuses on a journey that follows the characters' experience living on $1 a day for two months in rural Guatemala. You'll surely learn a lot by following the lives of Rosa, a 20-year-old woman, and Chino, a 12-year-old boy.
Dog By Dog (2015)
This documentary is a sour critic of the puppies' business. It shows an inside look at the financial profit that owners of puppy kennels make, while they treat these animals extremely poorly. It emphasizes the need for having strict regulations on commercial dog kennels, in order to guarantee animal welfare. This is only one example of businesses that make money unscrupulously.
Schooled: The Price Of College Sports (2013)
This film is an overall look at the history, culture, and business sides of college sports in the US, and how it became a billion-dollar industry built on the backs of athletes who are stripped of numerous rights. Although some athletes stand out and bring to the school millions of dollars in cash flow, they can end up poor after graduation.
Planet FIFA (2016)
This is a good opportunity to dive into the financial world of the most popular sport worldwide. FIFA is put under scrutiny because of its controversial money management. It’s the story of a highly powerful association with little control.
BONUS TRACK: FIVE MOVIES ABOUT WALL STREET
1. The Wolf of Wall Street (2013)
This is, without a doubt, one of the best movies about Wall Street. Most of the film is based on Jordan Belfort’s autobiography, and shows how he started as a small-time stock broker and rose the ranks to becoming one of the wealthiest Wall Street guys in a few years. But he did not get to that level in the legal way and his investment firm was taken down by the federal government. The director is Martin Scorsese and was nominated for five Oscars.
2. American Psycho (2000)
This movie gives you an interesting look at the wealthy New York City elite, because follows a wealthy New York City investment banking executive, Patrick Bateman and his psychopathic alter ego.
3. Wall Street (1987)
This is the classic called just as Wall Street. The film takes place on Wall Street in the 1980s, following an ambitious stockbroker who wants to rise to the top as fast as he can. He has a mentor (Gordon Gekko) who is also an important role of the movie because provides the insider trading to the main character.
4. The Big Short (2015)
The Big Short's story follows a group of investors between 2006 and 2007, right before the 2008 financial crisis. In it, a group of investors bet against the US mortgage market after discovering many flaws and corruption in that market. Not only do you learn more about finances, but how some savvy Wall Street investors uncovered many issues in the market before it happened. But no one would really believe them at the time.
5. Wall Street: Money Never Sleeps (2010)
This is a sequel of Wall Street movie, made twenty years later. Gordon Gekko works now on towards redemption but then his son-in-law, who is a stock broker, encourages him to rebuild his fortune and take down an enemy on Wall Street.
Certainly after you watch these five movies, you'll have built up a whole concept of how they work on Wall Street, its system and even some of its great secrets.