Along the way, he discovers a lot of other friends and partners are beginning to do the same, especially after investigations revealed mortgage brokers were making profits by selling their deals to Wall Street and creating the bubble that eventually burst. Second, executive banker Jared Vennett discovers and understands Burry’s analysis and decides to follow suit for profit. In the collapse, his proposal and efforts earned over two billion dollars in profits for everyone involved. Three separate but concurrent stories make up the movie as they all take place in the years leading up to the 2007 housing market crash.įirst, hedge fund manager Michael Burry discovers the housing market is unstable and decides to bet against, or short, market-based mortgages, allowing him to profit. It talks about how the 2007-2008 financial crisis was caused by the housing market crash. Another comedy crime movie is The Big Short, based on The Big Short: Inside the Doomsday Machine by Michael Lewis.
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