Over the past few months, I’ve been watching movies about the Great Financial Crisis of 2008. At the time, I was a freshman in college. While I knew something bad was happening, I’d be lying if I said I fully understood the gravity of the situation. My parents certainly did!
Some of the movies I watched:
The Big Short
The Last Days of Lehman Brothers
Margin Call
The Company Men
99 Homes
Too Big to Fail
Inside Job
Besides their entertainment value (most of these are excellent), two major lessons stood out:
The media’s obsession with the "big bet."
The importance of resilience and maximizing for endurance.
Let’s dive in.