Owen Rascovich

Because in the past they really had to dress them up.

But now it's kind of like it's actually okay and it's acceptable to learn about it because it's kind of exciting and all the rest of it.

So we've got a couple to add here.

So I'll go?

Yeah, you go.

Yeah, sure.

I've got four lessons and they come from –

Very reputable sources, The Big Short and The Wolf of Wall Street, no less.

So the first one comes from The Big Short.

And I probably, I reckon I tell someone this once a week at least, maybe even twice a week.

And it's that there are no points for originality or there are no points for original ideas.

And this is obviously from the big short where they were betting on the housing crisis in the US and around the time of the GFC.

And it's kind of like the two years leading up to the GFC and when it all just unfolded.

And so I've got a little note here that says that pretty much everyone in the big short was shorting property because one person who was Michael Burry, who was played by Christian Bale, found out about this housing crisis that was just about to unfold and these

CDOs and all these exotic derivatives that were written over property markets and about to come undone.

But then what happened is all these other characters in the show, so we've got Mark Baum, who was played by Steve Carell, Jared Vinette, who was played by Ryan Gosling, and a couple of younger guys as well.

They all got ridiculously rich from this one guy's idea.

And if you think about it, they didn't actually do anything spectacular.

That's right.

If it's a good idea, you just go with it.