Louis Winthorpe III Explains the OJ Trade

What a find! While I was on vacation last month, none other than Louis Winthorpe III appeared on Bloomberg to explain how he and Billy Ray Valentine took down the vile Randolph and Mortimer Duke. Listen guys, it is not inconceivable to me that some of you younger monkeys may not have seen Trading Places yet. That's okay, but it's something you need to do this weekend, if not sooner. In addition to being hysterically funny, it is actually one of the best movies ever made about the financial markets. But don't take my word for it. Take it from Louis himself:

 

Planet Money had a much better piece on this:

http://www.npr.org/blogs/money/2013/07/09/200401407/episode-471-the-edd…

Also there's a huge plot hole in th emovie that's never addressed. When they switch the crop report, they had no idea what the actually report said, so they had no ability to switch it with something that said the opposite.

Lastly, Jungle 2 Jungle is also a good movie involving the trading of futures.

 
Best Response

I feel like the easy rebuttal to this is that they prepared two versions of the fake report and used whichever one worked in their favor.

Also, of all the scenes in this movie to break your suspension of disbelief I think I would lean more towards the one where they pass off a guy in a monkey suit as a real gorilla.

 
Grayson:

Also, of all the scenes in this movie to break your suspension of disbelief I think I would lean more towards the one where they pass off a guy in a monkey suit as a real gorilla.

HAHAH. I always wondered about that.
 
Grayson:

I feel like the easy rebuttal to this is that they prepared two versions of the fake report and used whichever one worked in their favor.

Also, of all the scenes in this movie to break your suspension of disbelief I think I would lean more towards the one where they pass off a guy in a monkey suit as a real gorilla.

Agreed. I love the movie otherwise, but then that happens and you kind of just feel sad and let down. But the rest is good.

"When you stop striving for perfection, you might as well be dead."
 

"Feeling good, Louis!"

You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.
 
Scott Irish:

You owe it to yourselves to watch this. This was Eddie Murphy in his prime. A lot of you poor saps probably think of him as Dr. Doolittle.

Watch this

You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.
 

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