The Ultimate thread on Must-Watch Stock Market Movies and Documentaries:

1) Boiler Room (2000):
Focused on the lowest of the low, Pump, and Dump scheme operators, this film is excellent and gives an insight into the operations that are still around today.
2)The Wolf of Wall Street:
Based on the true story of Jordan Belfort, from his rise to a wealthy stockbroker living the high life to his fall involving crime, corruption, and the federal government.
3) Inside Job (2011):
Award-winning documentary and the best movie on the financial crisis made with high profile interviewees and a fast-paced gripping narration by Matt Damon, this film really explains what happened leading up to the financial crisis.
4) Wall Street (1987):
The story revolves around Gordon Gekko, a rich and ruthless corporate raider and Bud Fox, a junior stockbroker. It narrates the rise and fall of both characters who use insider information to make their fortune.
5) The Big Short (2015):
A great true story involving the few men who bet against the investment banks going into the 2007 financial crisis.
6) Gafla (2006):
Labeled by many as a movie ahead of its time, Gafla tells the story of Subodh Mehta, a character loosely based on Harshad Mehta, called the Big Bull of Dalal Street in the early 1990s. Mehta was the kingpin of the Rs 4,025 crore securities scam of 1992.
7) Margin Call (2011) :
Set in the early stages of the 2008 financial crisis, the story wraps events over 36 hours at a large Wall Street investment bank. It narrates the efforts by the doomed bank’s employees as they try in vain to avert the impending collapse.
8) Floored (2009) –
It follows alpha male traders who tell it like it is, or at least how it was. The march of technology has made floor trading largely extinct, with most trades happening electronically now.
9) Arbitrage (2012):
This movie does focus on a Hedge Fund Manager trying to cover up his personal misdeeds. The focus is not on hedge fund management but on a scum bag rich guy trying to get out of a crime he committed in typical Hollywood style.
10)Too Big to Fail (2011) –
This film based on the book with the same name, is critical of Wall Street and the governments that are “supposed” to regulate it.
11)The Trillion Dollar Bet (2000) :
It is a documentary film that revolves around the rise and fall of hedge fund long term capital management in the time period of 1994-1998.
12)Enron: The Smartest Guy in the Room (2005):
The movie revolves around the collapse of Houston energy and Commodities Company, which shut down after causing one of the biggest accounting frauds in history.
13)Quants: the Alchemist of Wall Street :
The movie is an independent documentary about the role of a Quant and how he functions. The effects of greed and fear are closely described in this movie.
14)Rogue Trader (1999) :
The movie depicts the depth of emotional aspects of trading and there is a lot to learn from it. The Rogue Trader shows how the desire to earn more money and fear of losing it blurs your judgment of the situations and people.
15)Becoming Warren Buffett (2017):
The legendary investor started out as an ambitious, numbers-obsessed boy from Nebraska and ended up becoming one of the richest and most respected men in the world.

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More from @stockifi_Invest

25 Mar
30 books I wish I read before Investing my hard-earned money:

1. You can be a Stock Market Genius by Joel Greenblatt
2. Common Stocks, Uncommon Profits by Phil Fisher
3. Margin of Safety by Seth Klarman
4. The Crowd by Gustave Le Bon
5. Winning the Loser's Game by Charles Ellis
6. The Zurich Axioms by Max Gunther
7. The Most Important Thing by Howard Marks
8. Thinking, Fast and Slow by Daniel Kahneman
9. The Intelligent Investor by B. Graham
10. A Zebra in Lion country by Ralph Wanger and Everett Mattlin
11. Learn to Earn by Peter Lynch
12.Poor Charlie's Almanack - The wit and wisdom of Charles T Munger
13.Speculative Contagion by Frank Martin
14. The Long and the Short of it by John Kay
15. More than you know by Michael Maubossin
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Read 6 tweets
28 Feb
17 Most important Lessons from the first book I ever read on Value Investing:

1) Learn to Stand against the Crowd:
Being a value investor usually means standing apart from the crowd, challenging conventional wisdom, and opposing the prevailing ideas. It can get very lonely.
2) Forecasting is a bad strategy:
Those who think who can predict the future should participate fully, using borrowed money, when the market is about to rise and get out of the market before it falls.
3) Simple but NOT easy:
Value investing requires a great deal of hard work, unusually strict discipline, and a long-term investment horizon.
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11 Feb
Top 10 Rules of success in #StockMarket by @VijayKedia1:

1) Invest only a part of savings (not the actual earnings) into stocks:

> As per your age, only invest a certain "%" based on your risk-taking capacity.
(if you are <50 years = ~25 to 50%,
and if >50 years = ~10 to 25%).
2) Your investment belongs to the market and the profits belong to you:

> As long as you are invested, the profits belong to the market.
> Don't spend just because your portfolio has increased because tomorrow stock prices can collapse.
3) Book profits periodically: Invest those profits in buying real estate (securing a house first is very important).

4) Don't trade or leverage: Trading is a full-time business. Don't even try doing it part-time and never do it with borrowed money.
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Long term Investing Checklist 101:

1) Screening based on FUNDAMENTALS:

• Debt to Equity Ratio < 1
• 3 year average Revenue growth > 10%
• 3 year average Net profit growth > 15%
• 3 year average Return on Equity / ROCE > 20%
• Promoter Holding > 50%
2) Business Model:

• What is the nature of the product a company sells or services it offers?
• How the company makes a profit from its operations?
• Does the product or service exist or has a potential to exist even after 50 years?
3) COMPETITIVE ADVANTAGE:

• Does the company have a sustainable competitive advantage in respect of cost structure, brand reorganization, product quality, distribution network etc.
• Are there any entry barriers?
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5 Feb
40 harsh truths I wish someone told me at the start of my Investing Career:

1. The market doesn't care how much you paid for a stock or what you think is a fair price.

2. Saying "be greedy when others are fearful" is much easier than actually doing when the opportunity arises.
3. Most of what is taught about investing in school is theoretical nonsense. There are very few rich professors.

4. Being emotionally detached from your stocks will save you from a lot of blunders.
5. It is hard to time the markets. Small investors tend to be pessimistic and optimistic precisely at the wrong times. Predicting the short-term direction of the stock market is futile. The long-term returns from stocks are relatively predictable.
Read 24 tweets

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