Explain the Ending of Trading Places
Say trader A wants to sell 1000 tons of lima beans and trader B wants to buy they enter into a futures contract which specifies a date on. That I dont get.
What Actually Happens At The End Of Trading Places Planet Money Npr
Turn those machines back on.
. Heres What Happened In The Complex Commodity Trade At The End Of Trading Places Rob Wile. Louis Winthorpe is a businessman who works for commodities brokerage firm of Duke and Duke owned by the brothers Mortimer and Randolph Duke. Answers is the place to go to get the answers you need and to ask the questions you want.
Lots of stuff in Trading Places including insider trading is illegal. Listen 550. Explain the ending of Trading Places to me.
A snobbish investor and a wily street con artist find their positions reversed as part of a bet by two callous millionaires. It indicates the ability to send an email. How are they selling shares when they dont own any and what fiscal magic are they actually doing to fuck over the Dukes.
The setting the floor of the commodities exchange. AnnaTamila Date of post. As for the Dukes the opposite would be true and result in the.
Trading Places is a 1983 American comedy film directed by John Landis and starring Dan Aykroyd and Eddie Murphy. Explain what happened and if the entire class got the explanation right we would get to watch Jamie Lee Curtis take off her top. Now they bicker over the most trivial of matters and what they are.
August 6 Bloomberg -- Bloomberg Businessweek corners legendary actor comedian and entrepreneur Dan Aykroyd to find out why Trading Places is the greates. Sure Louis Winthorpe Dan Aykroyd and Billy Ray Valentine Eddie Murphy get rich and the Duke brothers lose all their money. Dont try this at home.
How did Winthorp and Valentine make millions while simultaneously Bankrupting the Duke Brothers. In other words Winthorpe and Valentine arranged contracts to sell millions of pounds of frozen concentrated orange juice for 142 a pound which they ultimately only paid 29 cents a pound for. It was an all-male Catholic high school so yknow that was a.
Its been 30 years since Trading Places came out. Explain the stock exchange scene in trading places Posted. End Explanation of the movie Trading Places Ill try to explain this simply but stock stuff can be extremely complicated and I am no expert.
In a margin trade you may bet 100 but you multiply your risk in the event you made the wrong bet. Trading commodity futures is also a terrific way for individual investors to end up as broke as the Dukes at the end of the movie. In the 1983 movie Trading Places Louis Winthrope Aykroyd and Billy Ray Valentine Murphy attempt to get rich quick while at the same time putting the bad guys in the poor house through a series of commodity trades.
Trading Places is a 1983 American comedy film directed by John Landis with a screenplay by Timothy Harris and Herschel WeingrodIt stars Dan Aykroyd Eddie Murphy Ralph Bellamy Don Ameche Denholm Elliott and Jamie Lee CurtisThe film tells the story of an upper-class commodities broker Aykroyd and a poor street hustler Murphy whose lives cross when they. The wikipedia article also give a great explanation. The quick answer is that the two brothers firm ends up with a butt load of FCOJ futures contracts that they cant pay for at the end of the trading day.
The Duke brothers two old rich guys have bribed someone to get an. Trading places 1983 alternate versions. Basically he buys a lot of orange juice for very cheap and sell it for a lot of money.
Deconstructing Trading Places. The Ending to Trading Places. Louis Winthorpe is a businessman who works for commodities brokerage firm of Duke and Duke owned by the brothers Mortimer and Randolph Duke.
Posted by 10 years ago. The bad guys try to capture insider information about the Orange crop report. Anyone who worked on a trading floor since the early 1980s had at least one of those phrases shouted at them or at least in their general direction.
What Actually Happens At The End Of Trading Places. In some markets you can leverage it by 50x or 100x. Found inside Page 39We met our gatekeepers.
And to be honest I never really understood what happened at the end of that movie. 25052017 Send questions for Cecil Adams to. In This Video Im Going To Explain The Ending Of The 1983 Film Trading Places Starring Eddie Murphy And Dan Aykroyd.
Basically he buys a lot of orange juice for very cheap and sell it for a lot of money. Give The Duke Brothers Bad Information. When the bell rings for the end of trading the cost for April is 29 cents a pound.
Get back in there at once and sell. They hope to launch a commodity trade. The Ending to Trading Places.
At the end of the year in my high school econ class our teacher a retired bond trader from Chicago showed us the end of Trading Places as a quiz. Your direct line to thousands of the smartest hippest people on the planet plus a few total dipsticks. I saw Trading Places again for like the thousandth time today and I still dont quite get what the hell happens when they start the market.
One of the things which sometimes confuses about futures trading is the role of the Exchange. The actual amount isnt given but the Dukes had to pay 394 million 1011 BILLION in 2019 adjusted for inflation In the movie the Dukes shorted oranges in a margin trade using leverage. Drive Up The Price Of Orange Juice Futures.
These are among the most quotable lines from a film.
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