The movie “The Big Short” released in 2015 discusses 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 pooling people's mortgages for higher returns, but it's still low risk because they pay their mortgages. From then on they made a lot of money with mortgages and guarantees. Until, in 2008, the global economy collapsed because they didn't foresee what was going to happen. Banks continued to approve mortgage loans from intermediaries even without checking people's personal backgrounds whether they had a job or not to meet the payment terms of the requested loans. They were determined to continue earning money without realizing that some mortgage loans had already expired. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay There were many strategies used by the real estate and financial industries to be able to market real estate and financial instruments. According to Faria (2018), the field of property management is so multifaceted that on any given day, a property manager may take on roles in accounting, marketing, risk management, or other fields. This part of the document mainly talks about the tools or skills that a Property Manager must possess to overcome daily challenges. The use of infographics is highly commendable as it makes it easier for customers to track recent changes in the market and can possibly predict future trends in the industry. You can see this in the movie where Dr. Michael Burry based his calculations on data provided by his assistant and came to the conclusion that betting against the real estate market would make him a lot of money. It reminds us that simply looking at the results we are already given is not enough to make decisions, people looking to invest should learn the basics and not invest their money in something they don't know about. Another thought in this strategy is that data analytics could lead you down the path where you can find more value for your money and your investors if you run a hedge fund firm. After discovering the future trends of the industry, it's time to know how to make something useful out of it. This is where the progressive thinking strategy comes in. With growing trends and market conditions, people simply want to move forward anticipating the changes that will happen soon. People should realize that if what they want is not offered by banks or other financial services companies, they should offer it to them first. Under the misconception that the real estate market was booming, the banks gladly accepted Dr. Michael Burry's proposal. Investors must occasionally risk obtaining higher returns. Dr. Burry made a deal especially for him. In turn, he had multiple meetings with bank representatives to discuss his proposal. It was ridiculous to bet against the domestic market as it is labeled as one of the booming sectors. His faith and perseverance in investing in what he discovered turned out to be what will benefit him the most in the latter part of the story. Even though it went against Lawrence's wishes, it proved him wrong. Although it was risky, Lawrence simply had to trust Dr. Burry's instincts. The banks became curiousabout why Dr. Burry was willing to bet against subprime loans and pay a premium for them. It was only right that they gave Dr. Burry his cut of the deal, because that's the way business is, you take whatever gives you money. However, they were not doing their banking work. They neglected to look at subprime loans where they might pose a problem for a few people and were determined to bet against those. A few minutes into the film, Jared learns what Dr. Burry has done and decides to try to market it to companies who would later reject it. Until she got an appointment with FrontPoint. He used metaphors to express how subprime lending will decline in the future and the U.S. economy will collapse. Getting more into the introductory part of the story, Jared Vennett, an employee of Deutsche Bank, offered a good proposal to Mark Baum of FrontPoint. He showed Mark Baum a portfolio of trends that indicate what the real estate market sector will look like in the coming months. The portfolio Jared gave Mark contains data on the returns he would get if he bet against these types of mortgage bonds. He gave them numbers saying people can have returns as high as 20 to 1. When Jared was selling to Mark Baum, he revealed what banks do when they don't sell. They combine those bonds that don't sell and call them collateralized debt obligations. And when they are large piles, they are considered diverse. The question was why agencies were working with banks to rate them as a good investment when in reality they are not. It is important for people who want to invest to know about this type of activity in which financial institutions participate. The CDO is what turned the housing crisis into a national economic disaster. As a personal sales strategy, he drove down to the FrontPoint office to inform Mark about the ongoing trend in subprime mortgages. As a result, Mark and his team investigated properties in Las Vegas and found that most mortgage payments were going unpaid. It was also revealed how banks easily approve mortgage loans in the hope of circulating more money for investment. After his visit to Las Vegas, he immediately bet against the domestic market economy because he sees it will benefit. Brokers were able to market real estate to clients because of the flexibility it afforded them. These customers didn't have to wait long before their mortgage application was approved. Broker agents have done all this without telling their clients that rates might increase. The agents told them other options, but they didn't tell the truth, they only did them to make sure money got to the banks. Personal selling strategy is a good idea in the real estate and financial services industry as it gives a good image to the company that truly cares about the well-being of its customers. Companies that make risky investments tend to carefully choose the staff who are in contact with their customers. After finishing the selling portion of a trade in a financial investment, it is important to continually observe and monitor changes in the profit and loss rates in your client's investment. The strategy of keeping the client oriented to what is happening with his invested funds will ensure client satisfaction. Customer orientation will also assure customers that what they have entered into has a sense of security and is not a fraudulent transaction. This can be seen in the fact that Dr. Michael Burry constantly keeps an eye on the profits or losses he earns from the money of the.