Today, trading on exchanges is as popular asand in the 80s. The success of tens of thousands of traders depends entirely on the quotes of the course, each of them dreams of a big hit one day. So who are these stock traders - players, analysts, visionaries, or just lucky? And how does the rotation in the world of half-truths and the desire for profit change a person? Oliver Stone raised these and other difficult burning questions in the 1987 Wall Street film. The main character, he chose the exchange trader Gordon Gekko.
Why did the idea of the film
Since the father of the director himself also worked onExchange in the 60s, Oliver Stone knew the kitchen of the whole trading process well. In addition, he, like many others, was worried about what the once honorable gentlemen’s Wall Street had become. After removing some financial and trade restrictions, as well as due to faster dissemination of information, the American market of the late 70s-early 80s became like a huge casino, where in a few moments someone could squander millions, and someone could get a whole state.
Who is Gordon Gekko?
He is a shark in the world of stocks and bonds, successfulexperienced trader who made a fortune of tens of millions due to experience, ability to foresee and some financial frauds. This is a fictional character, but Oliver Stone conceived it as a collective image based on real businessmen of the time - Michael Milken, Ivan Bosky.
Although it was thought to take on this role Richard Gere orWarren Beatty, Michael Douglas was finally approved. He played his roles flawlessly, even when he had to play villains. And although the director's idea was to condemn the way of life and thinking of unscrupulous traders, the actor’s charm and charisma slightly changed the concept of the film and showed Gordon Gekko from the other side. Michael Douglas shifted the emphasis, showing that the hero achieved success not only because of the manipulation of dishonestly obtained information, but also thanks to the thoughtful moves and the correctly chosen strategy of transactions.
Although Gordon Gekko is by no means a positive character.He is the player who puts capital above family, commitment and human relations. Gekko does not shun to extract insider information, to merge it into the right hands, thereby creating a stir or panic about certain stocks for their own benefit. He is a pragmatist and a cynic who understands that any emotions are unnecessary in this matter. Being cool and avoiding any sympathy and affection is his motto.
The plot of the movie
Bad Fox - a novice trader who dreamsin one fell swoop to make big money. But soon he realizes that he lacks the ability and skill to break out of the ordinary employees of the exchange. Therefore, he finds a second way: he is seeking cooperation with Gordon Gekko, the thunder of the stock exchange world, pouring information about one upcoming deal. Since then, Gordon used Bud as a stock spy who, by hook or by crook, obtained insider data and used it for his own profit. Such a symbiosis was useful to both of them, and Fox’s condition also began to grow.
But at one point it was all over, becauseafter another deal, Bad realized that Gordon Gekko had betrayed him, and that he had been a puppet in his hands all this time, so he went to his direct competitor and began to cooperate with him. As a result, Gordon's shares plummeted in price, for which he announced to Bada to the financial police as a dishonest broker. Fox, in turn, spoke about the machinations of Gekko, for which he was sentenced to 10 years.
Gordon Gekko's famous sayings
"Thirst for profit is good." This is his life credo.
"The first business lesson is this: never show emotion." He believed that a cold mind is necessary for successful business management.
"Money makes us do what we don’t want."
- "If you want to have a friend, get a puppy."This phrase is often quoted when speaking of any type of business activity, where between business partners there can be no question of any friendship or affection, because it only hurts the cause in the end.
- "I create nothing, I just own it." So Gordon explained in a nutshell the principle of existence of joint-stock companies.
- "Money never sleeps."
Interesting facts about the film
- Gordon Gekko from the movie "Wall Street" uses the world's first mobile phone that weighs more than 1 kg.
- Forbes Magazine placed him in 4th place among 15 fictional movie villains as of a profit as of 2008.
- Michael Douglas, preparing for the role, worked with a speech teacher to learn to speak clearly and steeply.
- Costumes for the film Shil Nino Cherutti.
- Gordon has the rarest pistol in the world - the Luger 0.45, which is estimated at $ 1 million.
This film is a tutorial for new traders.and forex players. Although times have changed, and now there are much more opportunities to verify information, but the principles of trading on the stock exchange remain the same. Yes, and Gordon Gekko himself became a symbol of the era of exchange players, and his statements have survived the time and are relevant now.
