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Series on Instagram: "The Big Short explained the 2008 crash by showing how incentives, not intelligence, broke the system. A few outsiders saw mortgage bonds priced wrong while banks chased fees and ignored risk. When housing fell, over 8 trillion dollars in market value vanished almost overnight. The film’s lesson is simple. Follow incentives and cash flows, not consensus or credentials. Follow @startuparchived for more 🤝"
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Series on Instagram: "The Big Short explained the 2008 crash by showing how incentives, not intelligence, broke the system. A few outsiders saw mortgage bonds priced wrong while banks chased fees and ignored risk. When housing fell, over 8 trillion dollars in market value vanished almost overnight. The film’s lesson is simple. Follow incentives and cash flows, not consensus or credentials. Follow @startuparchived for more 🤝"
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