Wall Street Pro Reacts to The Big Short Movie

In this video a former Goldman Sachs employee who worked in venture capital and at the top hedge funds reacts to The Big Short, including the accuracy and lessons that investors must pay attention to. Key topics discussed are an explanation of subprime mortgages, short selling, mortgage backed securities, tranches, CDOs, adjustable rate mortgages, credit ratings, credit default swaps, leverage, liquidity risk, systemic risk and much more. The video Wall Street Pro Reacts to The Big Short Movie contains closed captions.
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Link Mentioned in the Video:

Book a call with our team here so we can help you break into finance (investment banking, hedge funds, venture capital, private equity and more): https://haroun.short.gy/finance-book-...

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For all my Billions Episode Videos and Finance Movie Videos (i.e., Wolf of Wall Street and Wall Street movie, etc.), please see this playlist:
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Here are the Clickable Chapters for the video:

00:00 Introduction
01:55 Mortgage Backed Securities (MBS) explained
03:36 Subprime Mortgages explained
05:13 Short selling explained
06:14 Adjustable Rate Mortgages (ARM) explained
06:43 Tranches explained
07:14 AAA bond rating explained
07:55 Credit Default Swaps (CDS) explained
10:54 BEST scene of the movie explained (Jenga blocks)
11:44 How to get a finance job
12:53 Systemic Risk explained
13:08 Unethical mortgage brokers explained
15:40 Predatory Lending explained
16:56 Teaser rates explained
17:33 Why you should always get a fixed rate mortgage
20:43 Leverage explained
21:39 Bubble explained
23:08 Ratings agency problem explained
25:03 CDO explained
29:02 Synthetic CDO explained
37:17 Domino effect of the crash explained
39:09 Liquidity risk explained
44:48 Movie bottom line rating (Buy, Hold or Sell Rating?)
46:14 My next reaction video