The movie “The Big Short” released in 2015 discusses how government mismanagement led to a global recession causing thousands of people to lose their jobs. It all started when financial institutions were a boring industry to work in. Until Lewis Ranieri came along, the person who thought about pooling people's mortgages for higher returns, but it's still low risk because they pay their mortgages. From then on they made a lot of money with mortgages and guarantees. Until, in 2008, the global economy collapsed because they didn't foresee what was going to happen. Banks continued to approve mortgage loans from intermediaries even without checking people's personal backgrounds whether they had a job or not to meet the payment terms of the requested loans. They were determined to continue earning money without realizing that some mortgage loans had already expired. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an original essay There were many strategies that the real estate and financial industries used to be able to market real estate and financial instruments. According to Faria (2018), The field of Property management is so multifaceted that on any given day, a property manager may take on roles in accounting, marketing, risk management, or other fields. This part of the document mainly talks about the tools or skills that a Property Manager must possess to overcome daily challenges. The use of infographics is highly commendable as it makes it easier for customers to track the recent changes in the market and can possibly predict future trends in the industry. You can see this in the movie where Dr. Michael Burry based his calculations on data provided by his assistant and came to the conclusion that betting against the real estate market would make him a lot of money. It reminds us that simply looking at the results we are already given is not enough to make decisions, people looking to invest should learn the basics and not invest their money in something they don't know about. Another thought in this strategy is that data analytics could lead you down the path where you can find more value for your money and your investors if you run a hedge fund firm. After discovering the future trends of the industry, it's time to know how to make something useful out of it. This is where the progressive thinking strategy comes in. With growing trends and market conditions, people simply want to move forward anticipating the changes that will happen soon. People should realize that if what they want is not offered by banks or other financial services companies, they should offer it to them first. Under the misconception that the real estate market was booming, the banks gladly accepted Dr. Michael Burry's proposal. Investors must occasionally take risks to achieve higher returns. Getting more into the introductory part of the story, Jared Vennett, an employee of Deutsche Bank, offered a good proposal to Mark Baum of FrontPoint. He showed Mark Baum a portfolio of trends that indicate what the real estate market sector will look like in the coming months. The portfolio Jared gave Mark contains data on how many returns he would get if he bet against these types of mortgage bonds. As a personal sales strategy, he drove down to the FrontPoint office to inform Mark about the trend in subprime mortgage lending. As a result, Mark and his team have.
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