Margin Call (4/9) Movie CLIP - Be First, Be Smarter or Cheat (2011) HD
Introduction and Three Ways to Make a Living
The speaker discusses the three ways to make a living in the business and emphasizes the importance of being first, being smarter, or cheating. They express their preference for not cheating and highlight the advantage of being the first to sell.
Ways to Make a Living in Business
- Being first, being smarter, or cheating are three ways to make a living in this business.
- The speaker does not believe in cheating and values honesty.
- Being the first to sell is considered advantageous.
Possibilities and Costs
The conversation revolves around possibilities and costs associated with certain actions.
Evaluating Possibilities
- The speaker questions if it is even possible to achieve something mentioned by Sam.
- Sam acknowledges that there might be costs involved.
Strategy Discussion
A strategy is discussed involving calling traders for a meeting, providing them with information honestly, making quick trades early on, and dealing with potential consequences.
Strategy Steps
- Call traders for a 6:30 meeting and be honest with them about the situation.
- Offer significant benefits or incentives as traders will know it's the end either way.
- Start trading aggressively without any swaps or delays.
- Aim to have 40% of trades completed by 10:15 am.
- By 11 o'clock, all trades should be closed.
Potential Consequences
The discussion focuses on potential consequences such as market downturn, selling at reduced prices, government intervention, and long-term impact on future sales.
Consequences Discussed
- Selling at sixty-five cents on the dollar may be optimistic by lunchtime.
- The government may intervene and try to slow down the process.
- The market may be negatively affected for years if the strategy is implemented.
- Future sales to previous buyers may become impossible.
Final Decision
The speaker emphasizes that this is a critical decision with significant consequences.
Final Decision
- The speaker acknowledges the potential consequences but believes it is necessary for survival.
- They argue that they are selling at the current fair market price to willing buyers.
- The decision is presented as a make-or-break moment.