The Dukes thought the OJ stock was going to go up so they wanted to buy as much as possible while it was cheap. But the stock was going down and they essentially traded millions for stock that dropped. Winthrop and Valentine did the opposite and got rich.
This movie followed commodities trading in the early 80s accurately enough, a law was passed called the "Eddie Murphy rule" to block this kind of market manipulation.
@@RhetoricalThrill IIRC they had already banned it in the stock market but had omitted the commodities market. Though in any case there were other crimes portrayed in this film around getting the report etc.
Yeah, the law came quite a bit later on but to quote the description from NPR Planet Money episode 471: “The ‘Eddie Murphy Rule’ has entered the congressional record.” And the WSJ reported jn 2010 before it passed: “We have recommended what we call the "Eddie Murphy" rule to ban insider trading using nonpublic information misappropriated from a government source.”
"You want the one in the disco heels" 🤣🤣🤣 I think Dan enjoyed those boots, because he wears a very similar pair in Doctor Detroit. It's one of his strangest roles, but I think you'd get a kick out of it.
@@RhetoricalThrill A blues legend, look up a few of his hits and you might recognize them. He has played several times at the House of Blues (Dan Aykroyd's string of clubs) as well as appeared on the similar named radio show.
@@RhetoricalThrillBo Diddley appeared in George Thorogood's "Bad to the Bone" music video in 1982. I saw them both that fall, Bo opening for George. I recommend the video...legendary billiards champ Willie Mosconi also appears in the billiards-themed video.
@RhetoricalThrill he was an R&B/Blues legend that introduced and popularized a very particular beat that was picked up by early Rock n' Roll, known as the Bo Diddley Beat. Check out his single "Hey, Bo Diddley," or Buddy Holly's "Not Fade Away," or "I Want Candy," or "Willie and the Hand Jive," or The Who's "Magic Bus," or Bowie's "Panic in Detroit," or even George Michael's "Faith," for examples. The early Rolling Stones and The Clash used it a lot, too!
THAT's why he looked familiar! All these years I couldn't place him. Interesting coincidence that in another Dan Aykroyd movie "Spies Like Us", a cameo is made by B.B. King.
This is the classic "Pygmalion" story, as written by George Bernard Shaw, with some Mark Twain "Prince and Pauper" thrown in, excellently adapted to modern day! The nature/nurture theme comes up often. My favorite version is the musical "My Fair Lady," in which the erudite professor wagers that he can turn a poor flower girl into a high society lady. The movie version happens to be excellent if you want to give it a try. As for futures trading, yes, you really can make a fortune (or lose it) in a day-minutes, even. It's very highly leveraged trading, so that you control A LOT with very little money; you either make a lot or you lose a lot, with little money down. I could go into it more, but I've been told I bore the hell outta people when I do, so...I'll leave it at that!
The train always gets me. There's a costume party going on, they are all dressed in wild costumes, but they aren't acting like party goers in costumes. Wouldn't that be the better cover.
32:15 Funnily enough, it was made up for the movie but was real enough the stock exchange had to outlaw it before anyone tried it after the movie came out!
One cameo that a lot of people don't mention is the fact that Gustavo Fring (Giancarlo Esposito) is in the jail cell with Valentine. Maybe he's the one that supplies Winthorpe with all the "bad" drugs. Especially the yellow and red ones. Also, I caught this movie dubbed into Spanish once. The best part was that tough guy from the jail cell saying, "SI".
@RhetoricalThrill I think it might have been his first film. And since he doesn't speak, and Eddie Murphy commands so much attention, it's easy to miss him.
Pork belly thinly sliced is bacon. Pork fat has a great shelf life (6 months room temperature, 1 year in fridge, 2 years frozen). The trick is to get a piece of pork belly with a thick layer fat.
You have actually noticed a lot more subtleties than many other reactors. I also appreciate your dry way of commenting. And you have also taken into account that 40 years ago was a different time. Overall, a solid performance that stands out from the crowd. Merry Christmas and best wishes from an old European...
Explanation of the trading. Everyone thinks the price is going up because the Dukes are buying everything. This actually causes the price to go up more. Winthorp and Valintine hold off until the price is about topped out. They jump in and start selling at an even higher price. This initially causes the price to jump a little more before their frantic selling brings the price back down a bit. Then the crop report comes out. Crops are good this year so the price will be low. Now Winthorp and Valintine start buying knowing the price will fall and they will be able to clean out everyone at bargain prices. They sold High and bought low. And since they are only trading in shares of the market, they are only dealing in cash. They cash out BIG while the Dukes pay up BIG.
That was a great callback, although IMO the scene with them yelling thank you through the restaurant window was superfluous. It should've been just the first scene, in and out.
@EKomar-z6h inbound be interested to know if they have any more cameos I other Dan Akroyd or Eddie Murphy films. Sort of like a pre-MCU, Akroyd-Murphy-verse.
Good times! Believe it or not, this one of the first movies I remember seeing as a kid - on TV in Sweden with Swedish subtitles. :) I like how there’s a tiny cameo/continuity nod to it in Coming to America.
Prior to this movie, Jamie Lee Curtis had only appeared in several horror movies, earning her the moniker of scream queen. This was definitely a good move on her part, so she could display her acting chops.
Watch "The Big Short" to understand wtf was going on with the Orange Juice thing. It's real, and it's infuriating. Paul Gleason was a character actor who was in everything, but his standout roles were Clarence Beeks, Principal Vernon in The Breakfast Club, and Police Chief Dwayne T Robinson in Die Hard. All 80's cinematic asshats pale in comparison to the work that Paul Gleason and William Atherton did in providing us with antagonists that you really wanted to see get punched in the face or have involuntary cuddles with a gorilla. Man the 80's were really weird.
38:30 - not quite. They didn't buy any shares. The way it works, is you offer to buy, or sell, futures contracts, at a certain price. You can "sell short" - that is - sell contracts while you don't have any, but then you HAVE TO buy enough to cover the sale. So Winthorp, and Valentine started "selling" while the price was high, then "bought" the contracts they needed to cover those sales once the price dropped. Meanwhile, the Dukes were banking on the price going up, so they were buying first, in the hopes of selling later for a higher price.
The stock play Winthrop and Lewis did is called a short - they essentially “borrow” stocks to sell as high as possible in anticipation of buying back again much cheaper. They return the stock back to,orignal owner and keep the difference
I’ve been thinking about it and I feel like intent is so important. I would never laugh at like a 20s minstrel show because it’s meant to be cruel. I probably wouldn’t laugh at blackface in a current year comedy because it would most likely be cheap. But this movie it was still kind of fuzzy. It was supposed to be outrageous because that’s what leads to the laughs - it’s unexpected because it’s taboo so you laugh. But an important factor here is that it’s not any more mean spirited than the Irish priest, the African exchange student or the “Swedish” backpacker.
As always, it was a treat to spend an hour with you (such as it is). You are an absolute blast, and I love your reactions. I hope you have a very Merry Christmas. Can't wait to see what movies you will be watching in the new year.
1. The booking officer is Frank Oz. (Miss Piggy/various Muppets/Yoda) 2. Beeks/Paul Gleason😇 also played Richard Vernon in "The Breakfast Club" and the idiot assistant police captain in "Die Hard". 3. Landis didn't want Jamie Lee Curtis because she had always been a "scream queen" and he didn't know if she had the chops for comedy. 4. When everyone pauses in the restaurant it's a play on the old "EF Hutton" commercial. "When EF Hutton speaks everybody listens". 5. One of the most VHS pauses in history. Jamie Lee Curtis.😍😋😈 6. GOOF: Where did Louis get the gun AND all those drugs for only $50?🤑Even in 1983. 7. Don Ameche's strong religious convictions made him uncomfortable with swearing. This proved to be a problem for the scene at the end of the movie, where he had to shout out "Fuck him!" to a group of Wall Street executives. When he did act out the scene, it had to be done in one take, because Ameche refused to do a second one. He also had an issue with the N word. 8. There's an Easter egg in "Coming to America" with the Duke brothers. Eddie Murphy at his best.
The events of this movie are accurate enough that it spawned the creation of an actual law, aptly named The Eddie Murphy Rule. The Eddie Murphy Law refers to a provision in the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, specifically Section 746. This law makes it illegal to trade on nonpublic information misappropriated from a government source, such as a crop report, before it is publicly released. PS: To explain the ending. Valentine and Winthorpe trick the Dukes into thinking the price of orange juice will skyrocket. The Dukes buy tons of contracts at high prices, but Valentine and Winthorpe know the real report says the price will drop. Once the Dukes drive up the price, Valentine and Winthorpe sell high, then buy low when the price crashes, making a fortune while the Dukes lose everything.
Winthorpe and Valentine shorted the market. They used Coleman and Ophelia's money to borrow FCOJ contracts for 24 hours from a not-named-in-the-movie institution that owned some FCOJ contracts and wasn't going to trade them that day. Coleman and Ophelia's money isn't refundable, and the same number of contracts W&V borrowed must be returned to the institution at the end of the trading session. W&V then sold those borrowed contracts at the beginning when the price was high (when Winthorpe yelled "Selling 200 April at $142"), then after the price collapsed when the orange crop report forecast a normal harvest instead of a smaller harvest, they bought back the same contracts at the much lower prices (when Winthorpe yelled "Buy 'em back"). W&V returned the borrowed contracts to the institution, and pocketed the difference. The Dukes spent all their money buying contracts at the higher prices then watched those contracts become almost worthless. All for $1.
@@RhetoricalThrill Your instincts in the reaction were good and you got the big picture of what was going on. Good work! The only hiccup was you said W&V bought the FCOJ with C&O's money. Can't buy and sell FCOJ when the FCOJ trading session's closed. Movie had the trading session open at 9am and close shortly after. What they CAN do when the session's closed is arrange to borrow a bank's or insurance company's or brokerage's FCOJ for a fee, then trade those borrowed FCOJ when the session opens. Yeah if that crop report had said the winter freeze had killed a lot of the oranges on the trees, then the price wouldn't have collapsed and the Dukes would still be rich. I had to have shorting the market explained a couple times before it clicked so you picked it up quicker than I did. Yup, still have crop reports and oil production forecasts and mineral mining estimates pricing the commodities market, since we can't know how the weather or a sudden locust outbreak 3 months from now will affect crop harvests, or bacon getting more expensive from a sudden outbreak of swine flu killing pig herds, whether some country decides to invade their oil-pumping neighbor and stop the oil-pumping, or how long a vein of minerals lasts before it's exhausted. The bird flu going around today? Eggs and chicken tenders about to get more expensive, until we can pump more oil out of American oil fields to reduce the cost of transporting the eggs to the grocery stores, the gold from the mines, or the oil to the refineries to make into gasoline, jet fuel, the plastics in your clothes, car, lipstick, medical supplies, everything. More oil getting pumped? Oil futures price declines. It's all connected to commodities prices. All of it. Everywhere. To everyone.
Explanation of what happened at the end. The Dukes got a phony crop report that said the orange harvest was going to be poor. Since demand is steady, but supply would be insufficient to meet it, that makes orange contracts worth much more per pound they could bring in. Since they expected those per dollar prices would be high, the Dukes had their man buying, no matter how high the price went. Of course, when everyone else noticed what the Dukes were doing, they did the same and the price skyrocketed. The point where it turns is when Winthorpe yells, "Sell 30 April at 142!" That means he's selling 30 contracts for the April harvest at a price of $1.42 per pound. And there are lots and lots of pounds per contract. Because the other traders still think the price is going to be higher than $1.42 per pound, based on what the Dukes are doing, they're eager to buy. So they swoop in and get as much as Winthorpe and Valentine are willing to sell. Of course, Winthorpe and Valentine know there's going to be plenty of orange juice to go around, so they keep selling for as much as they can. Then, the genuine report lets everyone know that there's plenty of orange juice, so the price bottoms out at only $0.29 per pound, roughly 4.9 times what they sold for. So they're buying up millions of pounds of oranges on the cheap, to sell for much more come April. The Dukes were trapped in the opposite end of that, being locked into overpriced contracts, the cost of which they couldn't even cover.
Magnificent, legendary comedy with incredibly good actors (Curtis, Murphy, Aykroyd, Ameche, Bellamy, Elliott, Gleason, Belushi). “Blues Brothers” director John Landis gives us an up-and-down fairy tale with a discreetly sarcastic critique of the American myth of success and a number of giftedly silly highlights. Dan Aykroyd alone is incredibly funny as a drunken Santa Claus.
29:42 As a gentlemen, I will not make a joke about eating a furry fish. 😉 34:51 The sharp--eyed among you will notice that's former U.S. Senator Al Franken on the left here.
You are so damn funny and quick! Great job! One of those porters was a Senator in my state at one time! (both were SNL writers) Familiarize yourself with the term of art "short selling." That is what they did at the beginning then bought to cover their short at an amazing and immediate profit.
I’m far too intimidated by the whole thing 😂 if I ever have money to invest I’ll trust it to someone else. You’re talking about Al Franken, right? I recognized him but forgot he was a senator. And thank you so much!
Follow this one up with "Coming to America" with Eddie Myrphy. It has a small call back to this movie. I won't tell you how, but if you watch closely you will know it.
Ok when I saw the thumbnail picture it was obvious you're good time! And your outro very thorough!! THOROUGH!! Had to Google the spelling on that weird piece ah cr@p word!! You seem to enjoy comedies. Here are 3 I seem to remember liking!? PURE LUCK with Martin Short and Danny Glover. THREE FUGITIVES with Martin Short and Nick Nolte, NOTHING TO LOSE with Tim Robbins and Martin Lawrence!! First time visiting. Think I'll scan your channel. Great Reaction and MERRY NEW YEAR 🎊 🎄🎁☃️⛄❄️☮️☯️🎸
@@RhetoricalThrillThree Fugitives also features James Earl Jones and my Mom in one of her two movie extra appearances. She was also in a con movie called The Grifters with John Cusack Angelica Huston, and Annette Benning
Hey there, Ho-Ho-Ho there....Cheers and Happy Holidays to our awesome Hostess, her Fans, looky-loos, and all in sundry.🥃☮❤ Having watched a few reactions to this previously, I've been skipping over some of the new ones this season, and now I'm glad I did. Watching this with someone who might actually not be young enough to be my daughter or son (or non-gender-specific-individual, I'm not here to assign labels to anyone) will make for a significantly superior and more relatively relatable Reaction Vid.👍
Nice 1982 movie by John Landis. The guy who also made MJ Thriller video. Time to see Eddie's Coming to America 1987 after this. You will see a nice surprising cross reference to this older movie !!
It's not a Christmas movie, Christmas takes place DURING the movie but it starts before Chirstmas and ends after it, it's just a milestone. That's okay though because it's an absolute classic!
ChatGPT disagrees. After a four page analysis, here is its summary: Trading Places qualifies as a Christmas movie because its holiday setting and themes of morality, second chances, and the reversal of fortunes align with the season's spirit. While not as overtly Christmas-centric as movies like A Christmas Carol or Home Alone, it earns its place in the broader category of unconventional Christmas classics.
2:42 Beg to differ M'Lady...pork bellies are bacon, and bacon is always cause for excitement.🥓🥓🥓😁 6:39 Damn! Now that's a good call, and early too. 👍 9:50 The sharp-eyed among you will recognize a very young Giancarlo Esposito here. 11:49 🤣🤣🤣 Yup, this is the Reaction I was looking for. 20:03 They are here to exploit the financial system as much as they can, while producing exactly nothing and subjugating the working class until we eventually revolt and do stuff that gets you labelled a "Terrorist" , apparently. 20:26 Possibly my first fourth-wall break (it's this or Airplane!, can't remember which I saw first). 20:43 An accurate description of The Wall Street Crime Syndicate.
I’ll take my lumps for the pork bellies thing, dunno where my head was at 🤣 And I’ve seen Delirious so many times, that whole bit lives rent free in my head 💀 Thanks for commenting!
Looney Tunes should be part of the school curriculum. I'm serious about that. Most of what I know about literature or history or classical music, I learned from trying to understand the jokes in Bugs Bunny cartoons.
I've never has pcp i really wanna try it does it come in liquid for and by the gallon? I think i need a gallon of pcp I won't have any problem after I get the pcp, I assume that's hard to come by
this was my favorite of the 5 or 6 reactions ive seen people do for this film. mr. beeks looked familiar to you from 1 or both of "the breakfast club" (principal), or "die hard" (lieutenant dwayne t. jerkweed). an example of how things have changed is that the actor who played mortimer had a huge issue saying the f word, but no problem dropping repeated n bombs. the dukes have a cameo as homeless old men in "coming to america". a GREAT comedy from this period that nobody has reacted to yet is "ARTHUR" (1981). the purpose of 1 dollar bets between rich people is, they dont care about money anyway if theyre billionaires, and the dollar bill becomes a trophy to wave at the loser of the bet. something nobody catches in this film is the fact that they provide a mercedes limo for their executive, but have a rolls royce for themselves. and when everyone in the restaurant went silent to listen to billie ray's opinion, that was a reference to a popular tv commercial for the brokerage firm "e.f. hutton". all dollar values from this movie would be multiplied by about 3.5 to be in today's money. so the 5 dollar christmas bonus was about 17.50. the figure the brothers would have needed to pay at the end of the film was more like 1.4 billion.
1.4 billion *faints* And yes, it must have been Die Hard that I recognized Beeks from, I saw the Breakfast Club only once a loooong time ago. I actually have seen Arthur!
I suggest you to watch Coming to America pretty soon. It's an Eddy Murphy movie, AND it will make sense to you why I'm asking you to do it under this movie's comment section.
Honey, kleptomaniacs steal just for the thrill. It's not about needing anything. A local teacher got caught sticking a pack of hotdogs down his pants. Though, come to think of it, that might have been a different psychological issue
@@RhetoricalThrill yes yes i do, i had a strange life for an autistic kid its like i actually did that yeah my cousin was the local bookie i ran secerity for him at 16 cash is nice for 16 year olds i learned a lot, i can still stack a deck ards how ever i want to, i love dealing to people
Laws were made to keep this from happing, what they did is legal then, it's now considered extreme inside trading and your going to prison if you do this now like for years
The worst racist villains are the ones who know it's bullshit and don't care. Like in Blazing Saddles, we're able to forgive the townsfolk because they are, as Gene Wilder so eloquently described, "morons" but Hedy (Not Hedly) is not even particularly racist himself, but he has no qualms about stoking Rock Ridge's worst instincts just so he can build his railroad. But in this movie, there's no ulterior motive, the villains are simply having an idle debate over whether racism is based on any actual reality. One of them KNOWS it's all nonsense and PROVES IT to the other, to their mutual satisfaction, and after their moment of self awareness acknowledging that it's all a bullshit construct, they *scoff* at the very notion that knowing that would suggest that they should stop being racist...
When you doing book keeping and whole people ait suppose to be there it don't matter what the number is but who is his? It's really wierd when it happens in theizza business many times the monthly paperwork was who the hell is this
Honestly, I have no idea what would be offensive in this movie, so I don't know what you would considered edgy. And comedy by its very nature is supposed to be irreverent and transgressive, something we've really lost in the age of political correctness. Comedy should be a safe space for unsafe behavior, ideas and thoughts to be expressed as catharsis. Someone saying or doing something they wouldn't normally do in polite society is what comedy is all about. You usually seem chill about this, so I'm surprised you had that little qualifier at the end.
Whoops, I thought I was clarifying that I did like it 😂 honestly it was really just the blackface that threw me off but it’s supposed to, so I agree with you.
Denholm Elliott's Irish accent in this is about as bad as Dan Aykroyd's Jamaican accent, but I'm not even mad about it. I can tolerate fake Irish if it's funny.
Idk what I would do if I was rich other than what happens every time pour people get rich, a lot of stupid stuff, but I'm not a hot chic so I can't pull off what Haley welch pulled of, but I did the math on how much they made at the end, they cleared $10 million id what ever the hell hey did I understand taking my phone and saying buy $50 of stock yes i can that but screw rich people, screw you if you got a Butler I hate you unless butlers make bank I bettheydo but I don't have servents
I don’t think I’d want a butler but someone to cook for me would be lovely. I like to think I’d be the same person with lots of money. Hopefully I can test that out sometime 😂
@RhetoricalThrill ill cook for ya thats just someone doing stuff colman has free room and board and you know than man make money, he works for the dukes not Louie i know nothing of this life style but serious ill cook for ya somewhere in tennessee im a good cook
The Dukes thought the OJ stock was going to go up so they wanted to buy as much as possible while it was cheap. But the stock was going down and they essentially traded millions for stock that dropped. Winthrop and Valentine did the opposite and got rich.
This movie followed commodities trading in the early 80s accurately enough, a law was passed called the "Eddie Murphy rule" to block this kind of market manipulation.
Whoa that’s crazy that it was something you could do at all 😆
@@RhetoricalThrill IIRC they had already banned it in the stock market but had omitted the commodities market. Though in any case there were other crimes portrayed in this film around getting the report etc.
Yeah, the law came quite a bit later on but to quote the description from NPR Planet Money episode 471: “The ‘Eddie Murphy Rule’ has entered the congressional record.”
And the WSJ reported jn 2010 before it passed: “We have recommended what we call the "Eddie Murphy" rule to ban insider trading using nonpublic information misappropriated from a government source.”
"You want the one in the disco heels"
🤣🤣🤣
I think Dan enjoyed those boots, because he wears a very similar pair in Doctor Detroit. It's one of his strangest roles, but I think you'd get a kick out of it.
Gotta love the incomparable Bo Diddley as the pawn shop owner!
I’m afraid I’m not familiar with him but that was a great part 😂
@@RhetoricalThrill A blues legend, look up a few of his hits and you might recognize them. He has played several times at the House of Blues (Dan Aykroyd's string of clubs) as well as appeared on the similar named radio show.
@@RhetoricalThrillBo Diddley appeared in George Thorogood's "Bad to the Bone" music video in 1982. I saw them both that fall, Bo opening for George. I recommend the video...legendary billiards champ Willie Mosconi also appears in the billiards-themed video.
@RhetoricalThrill he was an R&B/Blues legend that introduced and popularized a very particular beat that was picked up by early Rock n' Roll, known as the Bo Diddley Beat. Check out his single "Hey, Bo Diddley," or Buddy Holly's "Not Fade Away," or "I Want Candy," or "Willie and the Hand Jive," or The Who's "Magic Bus," or Bowie's "Panic in Detroit," or even George Michael's "Faith," for examples. The early Rolling Stones and The Clash used it a lot, too!
THAT's why he looked familiar! All these years I couldn't place him. Interesting coincidence that in another Dan Aykroyd movie "Spies Like Us", a cameo is made by B.B. King.
This is the classic "Pygmalion" story, as written by George Bernard Shaw, with some Mark Twain "Prince and Pauper" thrown in, excellently adapted to modern day! The nature/nurture theme comes up often. My favorite version is the musical "My Fair Lady," in which the erudite professor wagers that he can turn a poor flower girl into a high society lady. The movie version happens to be excellent if you want to give it a try. As for futures trading, yes, you really can make a fortune (or lose it) in a day-minutes, even. It's very highly leveraged trading, so that you control A LOT with very little money; you either make a lot or you lose a lot, with little money down. I could go into it more, but I've been told I bore the hell outta people when I do, so...I'll leave it at that!
Ooh I can see the parallels now, I didn’t think of that originally but I think you have something there
The train always gets me. There's a costume party going on, they are all dressed in wild costumes, but they aren't acting like party goers in costumes. Wouldn't that be the better cover.
Absolutely!
32:15 Funnily enough, it was made up for the movie but was real enough the stock exchange had to outlaw it before anyone tried it after the movie came out!
24:12 "In the land of the desperate the pawn shop owner is king"
The pawn shop owner is in fact R&B legend BB King.
The pawn shop owner is Bo Diddley not BB king!
@@Vernestw Oh sh!t! You're right!
BB King was in "Spies Like Us" and "Amazon Women on The Moon"
One cameo that a lot of people don't mention is the fact that Gustavo Fring (Giancarlo Esposito) is in the jail cell with Valentine. Maybe he's the one that supplies Winthorpe with all the "bad" drugs. Especially the yellow and red ones. Also, I caught this movie dubbed into Spanish once. The best part was that tough guy from the jail cell saying, "SI".
I did not recognize him at all 🤣
@RhetoricalThrill I think it might have been his first film. And since he doesn't speak, and Eddie Murphy commands so much attention, it's easy to miss him.
This is a yearly tradition for me. I watch it sometime between Christmas and New Year's.
Pork belly thinly sliced is bacon. Pork fat has a great shelf life (6 months room temperature, 1 year in fridge, 2 years frozen). The trick is to get a piece of pork belly with a thick layer fat.
Yum 😋
You have actually noticed a lot more subtleties than many other reactors. I also appreciate your dry way of commenting. And you have also taken into account that 40 years ago was a different time. Overall, a solid performance that stands out from the crowd. Merry Christmas and best wishes from an old European...
I’m really glad you liked it, and merry Christmas to you as well!
good movie - have it on dvd.. another good one would be Brewster's Millions (Richard Pryor)
Explanation of the trading. Everyone thinks the price is going up because the Dukes are buying everything. This actually causes the price to go up more. Winthorp and Valintine hold off until the price is about topped out. They jump in and start selling at an even higher price. This initially causes the price to jump a little more before their frantic selling brings the price back down a bit. Then the crop report comes out. Crops are good this year so the price will be low. Now Winthorp and Valintine start buying knowing the price will fall and they will be able to clean out everyone at bargain prices. They sold High and bought low. And since they are only trading in shares of the market, they are only dealing in cash. They cash out BIG while the Dukes pay up BIG.
Thank you! That does help 😊
Aaaaah the 80's, when comedy (even offensive comedy) were just great. Hope one day we will get back to where comedies will be fun again
Me too! I’m counting the days
The train scene is probably my favorite sequence in the whole movie.
Also, if you watch coming to america, you find out what happens to the brothers more
OH! Are they the bums he gives the money to? I remember that part but didn’t know who they were 😂
@RhetoricalThrill i think so. I haven't seen coming to america since the second one came out. But i know they are in it and poor
Remember COMING TO AMERICA, when Akeem give those two bums a bundle of cash?
😂
OMG that’s them isn’t it? 🤩
@@RhetoricalThrill yup
That was a great callback, although IMO the scene with them yelling thank you through the restaurant window was superfluous. It should've been just the first scene, in and out.
@EKomar-z6h inbound be interested to know if they have any more cameos I other Dan Akroyd or Eddie Murphy films. Sort of like a pre-MCU, Akroyd-Murphy-verse.
@RhetoricalThrill Yes, that is Ralph Bellamy and Don Ameche in both films. Another connection is that both films were directed by John Landis.
Good times! Believe it or not, this one of the first movies I remember seeing as a kid - on TV in Sweden with Swedish subtitles. :) I like how there’s a tiny cameo/continuity nod to it in Coming to America.
The Duke Brothers in this film and both have a cameo as Duke brothers as bumbs in Coming To America
Prior to this movie, Jamie Lee Curtis had only appeared in several horror movies, earning her the moniker of scream queen. This was definitely a good move on her part, so she could display her acting chops.
Among other things 😂 but no yeah she did great
Watch "The Big Short" to understand wtf was going on with the Orange Juice thing. It's real, and it's infuriating.
Paul Gleason was a character actor who was in everything, but his standout roles were Clarence Beeks, Principal Vernon in The Breakfast Club, and Police Chief Dwayne T Robinson in Die Hard. All 80's cinematic asshats pale in comparison to the work that Paul Gleason and William Atherton did in providing us with antagonists that you really wanted to see get punched in the face or have involuntary cuddles with a gorilla.
Man the 80's were really weird.
Oh they were perfect at that! And YES it’s Die Hard I recognized him from, thank you!
38:30 - not quite. They didn't buy any shares. The way it works, is you offer to buy, or sell, futures contracts, at a certain price. You can "sell short" - that is - sell contracts while you don't have any, but then you HAVE TO buy enough to cover the sale. So Winthorp, and Valentine started "selling" while the price was high, then "bought" the contracts they needed to cover those sales once the price dropped.
Meanwhile, the Dukes were banking on the price going up, so they were buying first, in the hopes of selling later for a higher price.
Yeah I didn’t really have it 😂 thank you for the explanation
The stock play Winthrop and Lewis did is called a short - they essentially “borrow” stocks to sell as high as possible in anticipation of buying back again much cheaper. They return the stock back to,orignal owner and keep the difference
Every time I hear Frank Oz say "That's angel dust, PCP!" I hear Yoda. I can't help it.
Mmm PCP that is, seen what this does to kids you have?
I hear Fozzie bear when he says it.
When they were making the film, everyone believed that Winthrop in blackface would be hilarious. Times have changed.
I’ve been thinking about it and I feel like intent is so important. I would never laugh at like a 20s minstrel show because it’s meant to be cruel. I probably wouldn’t laugh at blackface in a current year comedy because it would most likely be cheap. But this movie it was still kind of fuzzy. It was supposed to be outrageous because that’s what leads to the laughs - it’s unexpected because it’s taboo so you laugh. But an important factor here is that it’s not any more mean spirited than the Irish priest, the African exchange student or the “Swedish” backpacker.
As always, it was a treat to spend an hour with you (such as it is). You are an absolute blast, and I love your reactions. I hope you have a very Merry Christmas. Can't wait to see what movies you will be watching in the new year.
I’m excited too! 🥂
I will never get tired of the saying "How the truns have tabled" HAHAHAHA
NEVAH
1. The booking officer is Frank Oz. (Miss Piggy/various Muppets/Yoda)
2. Beeks/Paul Gleason😇 also played Richard Vernon in "The Breakfast Club" and the idiot assistant police captain in "Die Hard".
3. Landis didn't want Jamie Lee Curtis because she had always been a "scream queen" and he didn't know if she had the chops for comedy.
4. When everyone pauses in the restaurant it's a play on the old "EF Hutton" commercial. "When EF Hutton speaks everybody listens".
5. One of the most VHS pauses in history. Jamie Lee Curtis.😍😋😈
6. GOOF: Where did Louis get the gun AND all those drugs for only $50?🤑Even in 1983.
7. Don Ameche's strong religious convictions made him uncomfortable with swearing. This proved to be a problem for the scene at the end of the movie, where he had to shout out "Fuck him!" to a group of Wall Street executives. When he did act out the scene, it had to be done in one take, because Ameche refused to do a second one. He also had an issue with the N word.
8. There's an Easter egg in "Coming to America" with the Duke brothers. Eddie Murphy at his best.
Great fun facts! Thanks for being here 😊
She has a wonderful sense of humor
🥹
My dad had a seat on the Chicago exchange for a short while, before I was born. Said it was a good way to lose a ton of money. 😂
It’s like a casino but scarier 😱
The stock exchanged changes the rules of trading to prevent what happened at the end of this movie. It is sometimes called the Eddie Murphy rule.
Hope you are having an great and awesome day ❤
And you!
The events of this movie are accurate enough that it spawned the creation of an actual law, aptly named The Eddie Murphy Rule. The Eddie Murphy Law refers to a provision in the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, specifically Section 746. This law makes it illegal to trade on nonpublic information misappropriated from a government source, such as a crop report, before it is publicly released.
PS: To explain the ending. Valentine and Winthorpe trick the Dukes into thinking the price of orange juice will skyrocket. The Dukes buy tons of contracts at high prices, but Valentine and Winthorpe know the real report says the price will drop. Once the Dukes drive up the price, Valentine and Winthorpe sell high, then buy low when the price crashes, making a fortune while the Dukes lose everything.
Brilliant! The Dukes had it coming
It took Congress nearly thirty years after the movie to pass the legislation. Nice.
Your most fun reaction I've seen! Hilarious! Thank you for sharing!
Thank you for being here! 😊
I only saw this movie on network TV for most of my life, so let me tell you the surprise I had when I saw it uncut for the first time 🤩
BAHAHAHHA
This is my favorite Eddie Murphy movie and so glad to watch it with you. Thanks for the reaction.
"Hello, Security."
"Merry Christmas."
🤣 💀
Winthorpe and Valentine shorted the market. They used Coleman and Ophelia's money to borrow FCOJ contracts for 24 hours from a not-named-in-the-movie institution that owned some FCOJ contracts and wasn't going to trade them that day. Coleman and Ophelia's money isn't refundable, and the same number of contracts W&V borrowed must be returned to the institution at the end of the trading session.
W&V then sold those borrowed contracts at the beginning when the price was high (when Winthorpe yelled "Selling 200 April at $142"), then after the price collapsed when the orange crop report forecast a normal harvest instead of a smaller harvest, they bought back the same contracts at the much lower prices (when Winthorpe yelled "Buy 'em back"). W&V returned the borrowed contracts to the institution, and pocketed the difference. The Dukes spent all their money buying contracts at the higher prices then watched those contracts become almost worthless. All for $1.
WHEW 😅 thanks for explaining it!
@@RhetoricalThrill Your instincts in the reaction were good and you got the big picture of what was going on. Good work! The only hiccup was you said W&V bought the FCOJ with C&O's money. Can't buy and sell FCOJ when the FCOJ trading session's closed. Movie had the trading session open at 9am and close shortly after. What they CAN do when the session's closed is arrange to borrow a bank's or insurance company's or brokerage's FCOJ for a fee, then trade those borrowed FCOJ when the session opens. Yeah if that crop report had said the winter freeze had killed a lot of the oranges on the trees, then the price wouldn't have collapsed and the Dukes would still be rich.
I had to have shorting the market explained a couple times before it clicked so you picked it up quicker than I did. Yup, still have crop reports and oil production forecasts and mineral mining estimates pricing the commodities market, since we can't know how the weather or a sudden locust outbreak 3 months from now will affect crop harvests, or bacon getting more expensive from a sudden outbreak of swine flu killing pig herds, whether some country decides to invade their oil-pumping neighbor and stop the oil-pumping, or how long a vein of minerals lasts before it's exhausted. The bird flu going around today? Eggs and chicken tenders about to get more expensive, until we can pump more oil out of American oil fields to reduce the cost of transporting the eggs to the grocery stores, the gold from the mines, or the oil to the refineries to make into gasoline, jet fuel, the plastics in your clothes, car, lipstick, medical supplies, everything. More oil getting pumped? Oil futures price declines. It's all connected to commodities prices. All of it. Everywhere. To everyone.
Explanation of what happened at the end.
The Dukes got a phony crop report that said the orange harvest was going to be poor. Since demand is steady, but supply would be insufficient to meet it, that makes orange contracts worth much more per pound they could bring in. Since they expected those per dollar prices would be high, the Dukes had their man buying, no matter how high the price went. Of course, when everyone else noticed what the Dukes were doing, they did the same and the price skyrocketed.
The point where it turns is when Winthorpe yells, "Sell 30 April at 142!" That means he's selling 30 contracts for the April harvest at a price of $1.42 per pound. And there are lots and lots of pounds per contract. Because the other traders still think the price is going to be higher than $1.42 per pound, based on what the Dukes are doing, they're eager to buy. So they swoop in and get as much as Winthorpe and Valentine are willing to sell. Of course, Winthorpe and Valentine know there's going to be plenty of orange juice to go around, so they keep selling for as much as they can.
Then, the genuine report lets everyone know that there's plenty of orange juice, so the price bottoms out at only $0.29 per pound, roughly 4.9 times what they sold for. So they're buying up millions of pounds of oranges on the cheap, to sell for much more come April. The Dukes were trapped in the opposite end of that, being locked into overpriced contracts, the cost of which they couldn't even cover.
Thank you! That is way beyond my IQ level 😂
Before computers took over everything online this was the way they did it for real.
I would curl up and die, understandable why those guys were double fisting whisky and blood thinners 😱
how to destroy a man before the days of internet 101
lol
And it didn’t take long!
It happens around Christmas, but... Well, people even call Die Hard a Christmas movie, or even worst, Planes, Trains and Automobiles. So...
Die Hard I’ll listen to but PTA is clearly a thanksgiving movie
OMG, i fell on my arse when you sang the GI Joe song! 😂❤
I couldn’t help it, that’s instantly where my mind went 😂 So glad someone caught it!
Magnificent, legendary comedy with incredibly good actors (Curtis, Murphy, Aykroyd, Ameche, Bellamy, Elliott, Gleason, Belushi).
“Blues Brothers” director John Landis gives us an up-and-down fairy tale with a discreetly sarcastic critique of the American myth of success and a number of giftedly silly highlights.
Dan Aykroyd alone is incredibly funny as a drunken Santa Claus.
The angry growls 🤣
Yeah, id call it a holiday movie because it covers a few months thru NYears
11:35 roots!
You got it!
29:42 As a gentlemen, I will not make a joke about eating a furry fish. 😉
34:51 The sharp--eyed among you will notice that's former U.S. Senator Al Franken on the left here.
😊
Great holiday shirt!! 😂😂😂
Most underrated line of the movie 🤣
You are so damn funny and quick! Great job!
One of those porters was a Senator in my state at one time! (both were SNL writers)
Familiarize yourself with the term of art "short selling." That is what they did at the beginning then bought to cover their short at an amazing and immediate profit.
I’m far too intimidated by the whole thing 😂 if I ever have money to invest I’ll trust it to someone else.
You’re talking about Al Franken, right? I recognized him but forgot he was a senator.
And thank you so much!
Follow this one up with "Coming to America" with Eddie Myrphy. It has a small call back to this movie. I won't tell you how, but if you watch closely you will know it.
I’ve actually seen that one! It’s so funny 😂 I remember the bums now
Christmas time movie. I watch it every christmas though
Ok when I saw the thumbnail picture it was obvious you're good time! And your outro very thorough!! THOROUGH!! Had to Google the spelling on that weird piece ah cr@p word!! You seem to enjoy comedies. Here are 3 I seem to remember liking!?
PURE LUCK with Martin Short and Danny Glover.
THREE FUGITIVES with Martin Short and Nick Nolte,
NOTHING TO LOSE with Tim Robbins and Martin Lawrence!! First time visiting. Think I'll scan your channel. Great Reaction and MERRY NEW YEAR 🎊 🎄🎁☃️⛄❄️☮️☯️🎸
Thanks for the recommendations! Comedy is by far my favorite genre and the channel viewers seem to gravitate there as well 😊
@@RhetoricalThrillThree Fugitives also features James Earl Jones and my Mom in one of her two movie extra appearances. She was also in a con movie called The Grifters with John Cusack Angelica Huston, and Annette Benning
What can say Christmas more than Dan Akroyd eating a salmon with a side of fake beard?
Too truuuuuue
Hey there, Ho-Ho-Ho there....Cheers and Happy Holidays to our awesome Hostess, her Fans, looky-loos, and all in sundry.🥃☮❤
Having watched a few reactions to this previously, I've been skipping over some of the new ones this season, and now I'm glad I did.
Watching this with someone who might actually not be young enough to be my daughter or son (or non-gender-specific-individual, I'm not here to assign labels to anyone) will make for a significantly superior and more relatively relatable Reaction Vid.👍
YEAH! Hope you like it 😊 and Merry New Year!
Nice 1982 movie by John Landis. The guy who also made MJ Thriller video.
Time to see Eddie's Coming to America 1987 after this. You will see a nice surprising cross reference to this older movie !!
I’ve actually seen that one! I had to remember for a bit before I realized who they are 😂
It's not a Christmas movie, Christmas takes place DURING the movie but it starts before Chirstmas and ends after it, it's just a milestone. That's okay though because it's an absolute classic!
Yeah, it's not like Die Hard.
It probably got that reputation, by some, because the days surrounding it are often referred to as Christmastime.
ChatGPT disagrees. After a four page analysis, here is its summary: Trading Places qualifies as a Christmas movie because its holiday setting and themes of morality, second chances, and the reversal of fortunes align with the season's spirit. While not as overtly Christmas-centric as movies like A Christmas Carol or Home Alone, it earns its place in the broader category of unconventional Christmas classics.
@@envowedsyntropist2555 ChatGPT is worse than Wikipedia for anything controversial.
I find the debates fascinating but like you said, I don’t care that much. Some movies you can argue about but it’s just not Christmas without them 😆
I saw this when it first released when I was a teenager, had a crush on Jamie Lee Curtis for a few years after that...for obvious reasons.
👀 😉
Bacon comes from the pork belly
Kinda have to go with the "klepto" thing for Winthorpe to steal only $150. Lol
Right? We’re in a whole new territory for that one 😂
With hard work I hope to buy an island some day, it will be in my kitchen and it's not tropical
What I wouldn’t give for one of those myself 😩
Dan Ackroyd, Eddie Murphy & Jamie Lee Curtis Are The Best 💯,Nice Reaction & Happy Holidays ⛄❄️ Sweetheart ❤❤❤❤❤
Thanks!
@@RhetoricalThrill You're Welcome 🤗
2:42 Beg to differ M'Lady...pork bellies are bacon, and bacon is always cause for excitement.🥓🥓🥓😁 6:39 Damn! Now that's a good call, and early too. 👍
9:50 The sharp-eyed among you will recognize a very young Giancarlo Esposito here. 11:49 🤣🤣🤣 Yup, this is the Reaction I was looking for.
20:03 They are here to exploit the financial system as much as they can, while producing exactly nothing and subjugating the working class until we eventually revolt and do stuff that gets you labelled a "Terrorist" , apparently.
20:26 Possibly my first fourth-wall break (it's this or Airplane!, can't remember which I saw first). 20:43 An accurate description of The Wall Street Crime Syndicate.
I’ll take my lumps for the pork bellies thing, dunno where my head was at 🤣 And I’ve seen Delirious so many times, that whole bit lives rent free in my head 💀
Thanks for commenting!
Pork bellies are what bacon is made from. And everything is better with bacon!
No lies detected
Looney Tunes should be part of the school curriculum. I'm serious about that. Most of what I know about literature or history or classical music, I learned from trying to understand the jokes in Bugs Bunny cartoons.
How else will the children learn classical music?
I've never has pcp i really wanna try it does it come in liquid for and by the gallon? I think i need a gallon of pcp I won't have any problem after I get the pcp, I assume that's hard to come by
🤣
this was my favorite of the 5 or 6 reactions ive seen people do for this film. mr. beeks looked familiar to you from 1 or both of "the breakfast club" (principal), or "die hard" (lieutenant dwayne t. jerkweed). an example of how things have changed is that the actor who played mortimer had a huge issue saying the f word, but no problem dropping repeated n bombs. the dukes have a cameo as homeless old men in "coming to america". a GREAT comedy from this period that nobody has reacted to yet is "ARTHUR" (1981). the purpose of 1 dollar bets between rich people is, they dont care about money anyway if theyre billionaires, and the dollar bill becomes a trophy to wave at the loser of the bet. something nobody catches in this film is the fact that they provide a mercedes limo for their executive, but have a rolls royce for themselves. and when everyone in the restaurant went silent to listen to billie ray's opinion, that was a reference to a popular tv commercial for the brokerage firm "e.f. hutton". all dollar values from this movie would be multiplied by about 3.5 to be in today's money. so the 5 dollar christmas bonus was about 17.50. the figure the brothers would have needed to pay at the end of the film was more like 1.4 billion.
1.4 billion *faints* And yes, it must have been Die Hard that I recognized Beeks from, I saw the Breakfast Club only once a loooong time ago.
I actually have seen Arthur!
I didn't know that you and JLC are twins!
Pfffftt I wish
I suggest you to watch Coming to America pretty soon.
It's an Eddy Murphy movie, AND it will make sense to you why I'm asking you to do it under this movie's comment section.
I’ve actually seen that one, it’s hilarious 😂 I found out in the comments that the bums are these guys 🤣
Elon Musk produced an 'S' car. Very funny.
Look at that S car go!
Honey, kleptomaniacs steal just for the thrill. It's not about needing anything. A local teacher got caught sticking a pack of hotdogs down his pants. Though, come to think of it, that might have been a different psychological issue
🤣 good points
I worked for a bookie at 16 good times
I bet you have some stories!
@@RhetoricalThrill yes yes i do, i had a strange life for an autistic kid its like i actually did that yeah my cousin was the local bookie i ran secerity for him at 16 cash is nice for 16 year olds i learned a lot, i can still stack a deck ards how ever i want to, i love dealing to people
Now watch so-called part two, "Coming to America"
I actually have! I remember the bums now but of course had no idea who they were meant to be 😂
Laws were made to keep this from happing, what they did is legal then, it's now considered extreme inside trading and your going to prison if you do this now like for years
The worst racist villains are the ones who know it's bullshit and don't care. Like in Blazing Saddles, we're able to forgive the townsfolk because they are, as Gene Wilder so eloquently described, "morons" but Hedy (Not Hedly) is not even particularly racist himself, but he has no qualms about stoking Rock Ridge's worst instincts just so he can build his railroad.
But in this movie, there's no ulterior motive, the villains are simply having an idle debate over whether racism is based on any actual reality. One of them KNOWS it's all nonsense and PROVES IT to the other, to their mutual satisfaction, and after their moment of self awareness acknowledging that it's all a bullshit construct, they *scoff* at the very notion that knowing that would suggest that they should stop being racist...
Look forward to Blazing Saddles next year! I agree with you, intent is key
When you doing book keeping and whole people ait suppose to be there it don't matter what the number is but who is his? It's really wierd when it happens in theizza business many times the monthly paperwork was who the hell is this
Don't you besmirch crumpets.
I love a good crumpet but that is *fancy* food for this girlie 😆
@@RhetoricalThrill Ahh, well I'm in the UK where crumpets are cheap and plentiful :)
❤💯🎅
Honestly, I have no idea what would be offensive in this movie, so I don't know what you would considered edgy. And comedy by its very nature is supposed to be irreverent and transgressive, something we've really lost in the age of political correctness. Comedy should be a safe space for unsafe behavior, ideas and thoughts to be expressed as catharsis. Someone saying or doing something they wouldn't normally do in polite society is what comedy is all about. You usually seem chill about this, so I'm surprised you had that little qualifier at the end.
Whoops, I thought I was clarifying that I did like it 😂 honestly it was really just the blackface that threw me off but it’s supposed to, so I agree with you.
@@RhetoricalThrill This movie is a classic for a reason, it works on every level.
Denholm Elliott's Irish accent in this is about as bad as Dan Aykroyd's Jamaican accent, but I'm not even mad about it. I can tolerate fake Irish if it's funny.
That it was 😂 and the way he slipped when he talked about the lederhosen 🤣
Idk what I would do if I was rich other than what happens every time pour people get rich, a lot of stupid stuff, but I'm not a hot chic so I can't pull off what Haley welch pulled of, but I did the math on how much they made at the end, they cleared $10 million id what ever the hell hey did I understand taking my phone and saying buy $50 of stock yes i can that but screw rich people, screw you if you got a Butler I hate you unless butlers make bank I bettheydo but I don't have servents
I don’t think I’d want a butler but someone to cook for me would be lovely. I like to think I’d be the same person with lots of money. Hopefully I can test that out sometime 😂
@RhetoricalThrill ill cook for ya thats just someone doing stuff colman has free room and board and you know than man make money, he works for the dukes not Louie i know nothing of this life style but serious ill cook for ya somewhere in tennessee im a good cook
NATURE/NURTURE
why a binary?
life is more complex.
right/left perhaps...............?🤔
That’s basically how I look at it. There’s a saying, “nature loads the weapon, nurture pulls the trigger,” and I think it’s pretty apt.
censorship ruined comedy
You are not wrong
Pawn shop owners don't care what you going to do with it, you got a death ray cable of exterminating the human race? No bt i goot this Uzi on sell
Exactly 😂 I was more surprised that he hesitated at all
Taking place during Christmas isn't what makes a story a Christmas story. This, and Die Hard, aren't Christmas films. 🧐
Die Hard is because it has Xmas themes throughout and the plot is Xmas-dependent. Trading Places isn't.
Die hard is a christmas movie because the theme of christmas is important to the plot. This one is a christmas time movie.
I love that these debates give us so much to talk about every year 😂