Dumb Money
Director: Craig Gillespie
Year Released: 2023
Rating: 1.5
Finance bros are well aware of this story, which took place during the darkest days of the COVID-19 Pandemic: financial analyst Keith Gill (Paul Dano) believes the stock for video game retailer GameStop has value and the share price is heavily manipulated by the market so he takes a long position and starts posting about it on Reddit, encouraging others to follow him - on the losing side of the debacle were CIO of Melvin Capital Management Gabe Plotkin (Seth Rogen) and hedge fund manager Ken Griffin (Nick Offerman), who owns Citadel LLC. While it does a decent job trying to explain the intentionally cryptic nature of what exactly transpired to non-business majors - gamma squeeze, call options, etc. - it's also completely pandering to its audience (by overloading it with memes and childishness) and being entirely too on-the-nose: at one point, billionaire Mets owner Steve Cohen (Vincent D'Onofrio) tosses scraps of food to a giant pig. The end credits suggest that this brought Wall Street to its knees, but the truth is in the years after this happened, the majority of the market (aside from a handful of blue chips) continued to sink a remarkable amount. Lastly, this fails to mention that the person Gill most likely got the idea from was none other than Dr. Michael J. Burry, who was a key figure in 2015's The Big Short (and played by Christian Bale).