The 2015 film “The Big Short” explains how government mismanagement led to a global recession causing thousands of people to lose their jobs . It all started when financial institutions were a boring industry to work in. Until Lewis Ranieri came along, the person who thought about consolidating people's mortgages for higher returns, but it's still low risk because they're paying off their mortgages. From then on, they made a lot of money from mortgages and deposits. Until 2008, the world economy collapsed because we did not foresee what was going to happen. Banks continued to approve mortgage loans issued by brokers, even without people's background checks to determine whether they were employed or not, in order to meet the payment terms of the requested loans. They were determined to continue making money without realizing that some of their mortgages were already past their due date. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an Original EssayThe real estate and financial industries have used many strategies to be able to market real estate properties and financial instruments. According to Faria (2018), the field of property management is so multifaceted that in any given day, a property manager may take on roles in accounting, marketing, risk management, or other areas. This part of the document mainly talks about the tools or skills that a property manager must possess to overcome day-to-day challenges. The use of infographics is highly commendable as it makes it easier for clients to track recent changes in the market and can possibly predict future trends in the industry. This can be seen in the film during the part where Dr. Michael Burry based his calculations on the data his assistant gave him and came to the conclusion that betting against the real estate market would make him a lot of money. This reminds us that simply looking at the results already provided to us is not enough to make decisions. People who are considering investing should learn the basics and not invest their money in something they are unfamiliar with. Another idea of ​​this strategy is that looking at data can guide you down the path where you can find more value for your money and for investors if you run a hedge fund company. After discovering the future trends in the sector, it is time to learn something beneficial from them. This is where the strategy of progressive thinking comes into play. With the growing trends and market conditions, people just want to move forward in anticipation of the changes that will happen soon. People need to understand that if what they want is not offered by banks or other financial services companies, they need to offer it to them first. Mistakenly believing that the real estate market was booming, the banks readily accepted Dr. Michael Burry's proposal. Investors sometimes have to take the risk to get higher returns. Dr. Burry made a deal especially for him. In turn, he had several meetings with bank representatives to discuss his proposal. It was ridiculous to bet against the real estate market since it is considered one of the booming sectors. His confidence and perseverance in investing in what he discovered proved to be what will be most valuable to him.beneficial in the last part of the story. Even though he went against Lawrence's wishes, he proved him wrong. Although it was risky, Lawrence simply had to trust Dr. Burry's instincts. Banks wondered why Dr. Burry was willing to bet against subprime loans and pay a premium for them. It was true that they gave Dr. Burry his end of the deal, because that's business, you take whatever makes you money. However, they were not doing their job as a bank. They neglected to look at subprime loans, where they might be problematic, because a few people were determined to bet against them. A few more minutes into the film, Jared hears about what Dr. Burry has done and he decides to try to market him to companies who later reject him. Until he got a meeting with FrontPoint. He used metaphors to express how subprime loans will decline in the future and the United States economy will collapse. Over in the introduction part of the story, Jared Vennett, an employee of Deutsche Bank, proposed a good proposition to Mark Baum of FrontPoint. He showed Mark Baum a portfolio of trends showing how the real estate market would evolve over the coming months. The portfolio Jared gave Mark contains the data on the return he would get if he bet against these types of mortgage bonds. He gave them some numbers saying people can get returns of up to 20 to 1. When Jared was selling to Mark Baum, he revealed what banks do when they don't sell. They combine the bonds that don't sell and call them a collateralized debt bond. And when it comes to large piles, they are considered diverse. The whole question was why agencies were working with banks to see them as a good investment when in reality that is not the case. It is important for people who want to invest to know about this type of business in which financial institutions participate. The CDO is the cause of the housing crisis that has become a nationwide economic disaster. As a personal sales strategy, he traveled to the FrontPoint office to inform Mark about the current subprime mortgage bond trend. As a result, Mark and his team investigated properties in Las Vegas and discovered that most mortgage payments were not being made. It was also revealed that banks readily approve mortgages in the hope of circulating more money to invest. After his visit to Las Vegas, he immediately bet against the real estate free market because he saw that it would benefit them. Brokers were able to market real estate properties to clients because of the flexibility it offered them. These customers did not have to wait long until their mortgage application was approved. Brokers did all this without telling their clients that rates might rise. The agents offered them other options, but they weren't telling the truth, they just did it to make sure the money would get into the banks. Personal selling strategy is a good idea in the real estate and financial services industry because it gives a good image of the company that truly cares about the well-being of its customers. Companies that invest at risk tend to carefully choose the personnel who are in contact with their customers. After completing the sales part of a transaction in a financial investment, it is important to continually observe and monitor changes in.