Rocky III is my favorite Wall Street movie. It’s a tale about a guy who’s living high off the hog–rich hedge fund manager–ranked #1 by CNBC and Forbes magazine. He made his money during the great bull run, picking up stocks that moved with the market. Even though he came up from nothing, the success he enjoyed, while on top, led him to believe he was a genius–when in fact it was the market doing the heavy lifting for him.
His top analyst, an older gent, named Mickey, knew otherwise.
Mickey tried to warn Rocky of the coming bear market; but Rock wouldn’t listen. When preparing for it, Rock would listen to happy music, invite a bunch of friends and media over to watch him study–and generally take it easy. This drove Mick nuts, as he knew what the bear market meant and how it would affect Rocky’s flagship fund.
I won’t ruin this movie for you by giving away too much. But let’s just say, the bear market came, killed Mickey, utterly destroyed Rocky’s bullshit bull market portfolio, and forced Rock to rethink the very essence of who he was–get back to his roots by hiring an old retired hedge fund manager, who was once his greatest competition, to be his new analyst, and generally reexamine his entire approach to investing.
The bear market was hard and strong and didn’t give a shit about anyone. It just knocked shit down, took no prisoners, whirl-winning through the market place.
Here’s a clip of Rocky getting destroyed by the bear market
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Brilliant analogy. Is “Bluestar” the equivalent of “Tony ‘Duke’ Evers”?
This movie makes a lot more sense now that you’ve explained it.
Long 1980s Mr. T
Without giving anything else away, it’s even scarier there are four more Rocky’s since then
Anyone have a clue what concoction Sylvester is on?
in the early 80s.. for they movie probably test and winstrol
these days a lot of hgh AND MORE
True story.
About 15 years ago I attended a Dolphin-Jets football game in Miami at a fancy corporate suite.
I had a nature call and went to the urinal and a few seconds later Sylvester Stallone was at the urinal next to me.
And then there was the time I was at a junior golf tournament and Arnold Palmer showed up at the urinal next to me (he was there to watch his grandson-Sam Saunders).
Yep, I was wondering about the and more. Look at Arnold. He ain’t hitting weights a different way now. He on drugs yo
Sorry, wrong arnold reply. Dolphins/Jets game wrong era
I attended a boxing match, 10 in fact. At a nice country club of all places. Made me think about another great movie…. Django
No lie… Crazy experience
This was tonight.
Pray do tell
The tag line was “red meat, red wine and blood”. Large great room full of rich white men in a stupor off old fashions and steak. All yelling and betting on the kids in a boxing ring. I suppose they didn’t MAKE them fight, but it sure had the same feeling as the above noted movie.
Sad the brain damage so many of these folks end up with, so young.
When I lived in Chicago I belonged the CAA. Was an all male sports club. I was a bond salesman then and i took clients to watch golden glove fights in a ring surrounded by dining tables. My tag line with clients was “They fight for our pleasure” Of course no women allowed. glorious.
@ 1:11 – “ughhhh, ughhhhh ughhhh!” LOL