This is the way. One hidden gem that she might like is Brewster's Millions, kind of a similar vibe and would expose her to Richard Pryor (then she can watch The Toy)....
@@travisbickle1552 Why would it be hard to find in streaming because of "pc culture"? It's right here on YT for chrissakes, for free. Save your whining about "PC Culture". "PC Culture" cannot stop people from streaming movies, just because you think they can. 🙄
25:13 What happened on the trading floor: The Dukes bought at a high price (based on false crop report indicating a FCOJ shortage) and sold at a low price (based on real crop report) losing money (if you buy at $142 and sell at $29, you lose $113). Louis and Billy Ray did the opposite, they sold at a high price and bought at a low price (if you sell at $142 and buy at $29, you make $113). What confuses many people is that Louis and Billy Ray were “short selling”-they first sold FCOJ they didn’t own, which is risky because the buyers will want their FCOJ at the end of the day. They then waited for the price to drop and bought the FCOJ they owed to their buyers at a low price to fulfill their orders.
Yeah. Short selling is essentially the opposite of betting that something will increase value. If you bet that it’ll lose value you sell imaginary shares of it at a high price and then hope that for every imaginary one you sold you can buy it back cheaper before someone comes asking to see these shares.
Not sure if anyone else has mentioned this or not, however… Coleman, was played by Denholm Elliott, who you might recall as, Marcus Brody in “Raiders of the Lost Ark”, & “ Indiana Jones and the Last Crusade”. He died in’92. (R. I. P)
There's a nice little movie called "Privat Function", with Michael Palin (Monty Python), Maggie Smith, Richard Griffiths and others, in which Denholm Elliott, also plays a leading role. A really funny film from 1984...
I love you Dawn Marie!! You are the very best reactor on the internet. One of the kindest and most loving people ever! Merry Christmas and Happy New Year to you! Thank you for a year full of entertainment both laughs and tears that you gave all of us.
15:39 The money clip fumble/bounce was not intentional, but Don Ameche saved the take and continued on. 26:42 Don Ameche didn't like to swear so they only did one take.
As I heard the story Done Ameche was adamant on not swearing more than once no matter the outcome of the take. So it was an all or nothing take. Which plays perfectly into what I heard about the actors for the Duke brothers. In real life they were supposed to be true gentlemen, sweet, kind, and generous, so a complete opposite to their roles' characters.
The personal property clerk at the police station was played by Frank Oz, famous Muppet performer. I like to imagine the character being played by Bert. “This is PCP. Angel Dust. Do you have any idea what this stuff does to kids…Ernie?!” He played a similar character in Blues Brothers.
People will pay $35,000 for a vase if it's a collector's item, and the way it becomes a collector's item is if somebody will pay $35,000 for it. It's a vicious circle. In the Netherlands in the 17th century, people spent their entire fortunes buying tulips, then lost their entire fortunes when the bottom fell out of the market because other people suddenly stopped buying them.
Like all ridiculously priced items - from paintings to vases to faberge eggs - they are simply a tax evasion scam. Insanely wealthy people can tie up their huge fortunes in tiny little over-priced items, and can sell them to their buddies at the exact right times to avoid paying all that tax which they would have to if it were kept in cash in an account, or trading hands between coutries and currencies etc.
The laugh Eddie Murphy does on the train is an homage to Geoffrey Holder, a 6’6” tall dancer and actor who was famous for his laugh, especially pitching 7-Up Cola, which he called “the Un-Cola.”
You might remember Denholm Elliott (Coleman) as Marcus Brody in the "Indiana Jones" movies, among many other pictures. He also made a funny Sherlock Holmes parody with John Cleese in the 1970s called "The Strange Case of the End of Civilisation As We Know It."
When they were eating, and Edie starts talking and everyone gets quiet... that was a pun. A very frequent and well-known advertisement for E.F. Hutton, (an investment firm) went, "When E.F. Hutton speaks, everybody listens." And that came after the exact same scene where an entire restaurant grows quiet when someone begins to speak.
12:40 - Coleman's LOOK! So many reactors don't notice- or don't say so out loud if they did- that tiny little "look" that crosses Coleman's face just before he closes the door. The look that says, "My former boss may be a privileged silver-spoon-up-his-ass snob, but even he doesn't deserve what the Duke brothers are doing to him. I'm ashamed at the role I am playing in their petty little game." I just love actor Denholm Elliott; he is such a treasure. I hope you notice his line near the end of the film that is my favorite line in the whole movie...
20:42 - Aw, you clapped at Coleman's "Or beats them to it" which is great. But my single favorite line in the whole movie is: "Eggnog?" Decades- generations- of class resentment are boiled into that single word. Denholm is such a great actor; I just love him.
Actually, there are 2 of this moments. First in the police car and the 2nd one in the office, with the Dukes... I always wondered if the Dukes' name was a reference to John Wayne. His nickname was Duke and behind closed doors, it was an open secret in the Hollywood studios that John Wayne was a nasty racist. And the two characters were very clear about that too...
@@melchiorvonsternberg844that’s odd because Sammy Davis Jr doesn’t seem to think so. There’s a picture of them hugging and laughing and he gave Sammy his hat that he wore on stagecoach
@@mohammedashian8094 What in christ sake, you are talkin' about? Did your sparrow brain consider the possibility that he might have been racist towards Indians and Asians? Are 90% of the world's population no longer able to examine an idea from all sides before opening their hatch to spout intellectual nonsense?
OMG!! Love this movie. Grew up on Murphy, and I met him once in 1986! I still have his autograph. I became a stand-up comic 20 years later, and met his brother CHARLIE MURPHY years ago
Hello and thank you for your videos dear Dawn. I have just watched a wholesome film I'm sure you will love - Father Goose with Cary Grant, it was one of my dear old mums favourites. All the best to you for the new year.
It’s is a cute war film Grant had another cute ear film called “Operation Petticoat” worth a watch as well In fact Tony Curtis is in it, yup that’s Jamie Lee Curtis’a (Ophelia in Trading places) papa
The porter on the left at 23:41 is played by Al Franken. In the 70s and 80s he was mostly a comedy writer with a little bit of acting. The other porter is Tom Davis, who was Franken's partner in comedy writing. In the 90s, Franken started writing books that were both political and funny. Later, he was elected as a US Senator, but resigned when allegations of sexual impropriety surfaced at the time of the metoo movement--less serious than what Donald Trump has actually admitted, but Franken has more honor. Also the building in the background at 24:31 is one of the twin towers that fell on 9/11/2001.
HOLY CRAP NEVER NOTICED!! I've seen this a thousand (ok, sooo many) times and never thought of the double meaning. Stock exchanges are "trading places". Brilliant!!!
The historical Trading floor shown in the movie was not in the Twin Towers. I worked there, this particular exchange was housed at 4 World Trade Center. You went up one of the Twin Towers, which were part of the entire World Trade Center complex.
@@arraymac227 I understand that but you said you "went up the World Trade Center."...you do know there were several buildings and it was an entire complex, right? It is not just the twin towers. So did you go up one of the twin towers? Because saying you went up the world trade center, makes no sense at all.
@@jordanbridges I did. I was making a point, since most people assume incorrectly that the old trading floors are in one of the twin towers. He did not specifically refer to them walking out outside of the towers, and the major scene in the movie is THE TRADING FLOOR action which goes on for quite a while and is the epic conclusion to the film....not walking by randomly outside. Read before you comment.
Jaime Lee Curtis is the daughter of Tony Curtis(Some Like it Hot) and Janet Leigh(Psycho). I watch this movie every year. It's not Christmas until Jaime Lee delivers some holiday cheer.
The Duke Brothers - HUGE stars in the 1930s & 40s. Ralph Bellamy was usually the stalwart second lead, losing the girl to James Cagney or Cary Grant. Don Ameche is in the 1943 classic "Heaven Can Wait."
Ok, my name is Hoagie, so hearing Dawn say "I like a hoagie" made my whole YEAR 😆 - So the end, SIMPLY put, is: When the OJ price went high because everyone was buying (because they saw the Duke's buying), they SOLD as much as they could, essentially on IOU's. They were selling OJ they didn't own on paper promises that they would own it. Then when the price started getting low, because they were buying it all, they bought it from everyone trying to unload it. So by the end, they owned all the shares they promised to sell at the beginning. So, since they sold at like 142/share, and bought at far lower, continuously dropping prices, they keep the difference. The practices they used (insider info and short selling) are now banned.
Love this reaction Dawn. My favourite bit of the movie? When Coleman asks Ophelia to go for a drink with him, and they link arms and go. It’s absolutely beautiful.
".....24??..." Trading Places filming took place from December 13, 1982 to March 1, 1983. Jamie Lee Curtis was born November 22, 1958. So, yeah, she was 24 during filming...
@@patsk8872 I don't think it has to do with standards or time. Jamie just doesn't have a very young look. She was around 18 in Halloween, but she didn't look that young.
25:44 With uncertainty about the orange harvest, many are thinking the orange crop would be meager, making oranges more expensive. If so, buying even at an elevated price would mean you're buying something that will be rarer, it will thus increase in price drastically. Instead, the orange crop turned out to be fine, so the price will drop from the fear-based high. Anyone who kept buying up until the report is going to be stuck with overpriced commodities, and won't be able to make back what they paid.
0:25 About 10 years ago, my gf and I spent the holidays in Europe. We started with a few days in and around Brussels for our shared love of Belgian beer, spent the week of Christmas in Bavaria and Austria to honor my family’s heritage, and ended the trip with several days in Scotland for her family history. Celebrating Hogmanay in Edinburgh by joining in on the torch procession and giant party downtown was definitely a highlight of the trip.
What a great reaction! You´ve noticed the short look Denholm Elliott gave Dan Aykroyd at the door. This one second shows the character of Coleman and what he actual thinks about this "experiment" without a single word! What a great actor he was.
Ralph Bellamy and Don Ameche were big movie stars back in the 30's and 40's. It was great to see them in another successful movie again at the end of their careers. Don Ameche went on to be in Cocoon too.
"I don't understand" was a quote i saw coming. A lot of people are still confused. It's not as complex as it seems but it also kinda is. Remember they fed the Dukes a false agriculture report. They knew the oranges were fine but fed them one that said there will be a shortage so the Dukes jumped on their report and tried to buy everything up and corner the market. Knowing that oranges were in fine supply they let the price go way up and then they starting selling at the high price. They bought orange juice contracts beforehand with Coleman's and Ophelia's life savings to sell when it got high. Everyone thought the Dukes knew what they were doing so they followed the herd and bought. Then the crop report came out. Oranges were fine. The market crashes BUT they sold at super high prices. As a nice touch, they actually re-purchase some at the super low prices as an investment at the end. Smart. Someone actually figured out how much they made at that time. It was a bit over $3 million, which is great for a day's work but not retiring to your own island. I hope Coleman and Ophelia got the bulk of it since they took all the risk. It was their money they were playing with.
Dawn, I want to recommend to you my favorite comedy movie of all time. It's called "It's a Mad, Mad, Mad, Mad World," from 1964. I know you'll love it only because you've loved so many different kinds of comedies, going back to the Marx Brothers in the 1930s and Harold Lloyd in the 1920s. It has an all-star cast, and yes, that means everybody in the movie is a star, even bit parts. It's directed by Stanley Kramer. The director's cut was 5 hours long, but unfortunately that's been lost to history, because the studio thought he was crazy to make a movie that long. There's a version that's been cut to fit old-style TVs, so skip that. I think the best widescreen version is around 2 hours and 45 minutes.
Dawn, you had so many questions right from the start! We will need to replay this several times each to answer you, but we will. And, YES that was Rocky! You should rewatch it again also to catch some little things that went on while you were laughing so much or asking questions. Then move on the Coming to America. Thanks for a great reaction. Happy New Year!!!🍾🎇🎆🎊
"His Girl Friday" A solid recommendation from the time of talking fast and wearing hats. One of the fastest and hat-ist of them all. I think Dawn would love it.
A bit of Broadway trivia: the President of the exchange, who told the awful escargot joke, was played by the great Alfred Drake, a musical theater legend.
also I'm pretty sure Coleman works for Duke and Duke and the house is THEIR property..they just have their top man living in it as a job perk and because he's to be wed to their granddaughter..
Interesting fact. This movie was one of the first available on vhs tape. One of the features of those machines was the ability to freeze frame the tape, so one could stop the tape on a single frame. The frame where you said “her body is amazing” became famous because teenage boys all over the country were freezing on it for lets just say several minutes at a time to enjoy the cinematic beauty. It is also the inspiration behind the song Freeze Frame by the J Geils band. So “amazing body” indeed.
GREAT REACTION VIDEO!👏🏾 The main reason for me to watch reaction videos is for me to watch someone giggle and enjoy themselves!!! Thank you for a great 2024 and wishing you a prosperous 2025!!! "MERRY...NEW YEAR"😉 "HA...HA...HA...HA HA"!!!😏😉✌🏾
Some guy crunched some numbers and estimated that Valentine, Winthrop, Ophelia, and Coleman made over $252,000,000. Which was a lot more in the early 80s than it is today.
Yeah, I don't see how it could be that much. Ophelia had $50k. The bundle she handed over looked to be about the same that Coleman did. Valentine and Winthrop didn't have access to much of any funds, since Valentine was still blocked of his accounts. Even if on a 10:1 margin for the options they were trading, and 3:1 would be more realistic with their small dollar amounts, it would come out to less than $10m. Give Coleman $150k and Vaentine/Winthrop borrowing money that wasn't shown, and you aren't coming up with $252m. That's not including the high fees that were owed in the 1980s and the high taxes on a short term profit. I'm sure that person just assumed that all of the Dukes' money some how moved into their own pockets, which isn't how it works. If there is a good investment take away from this classic film, it is that it is far easier to make money when you already have money. Remember how much the Duke's made in the beginning on a small price adjustment? Take a look at the market and it'd be easy to find a popular stock that moved 2% today. If you had $1,000 to invest, you could make twenty dollars. Not very much, right? Now imagine investing $100,000 in that exact same trade and making two thousand dollars in one day on just one trade. Yet this is how the rich can forget how tough it is out there to just make a little more money.
calculated by Grok and ChatGPT In "Trading Places," Louis Winthorpe III and Billy Ray Valentine execute a plan to profit from trading in frozen concentrated orange juice (FCOJ) futures. Here's how they did it: - **The Setup**: They replaced a real crop report with a fake one suggesting a bad orange crop, anticipating that the Duke brothers would buy up FCOJ futures expecting prices to rise due to the supposed shortage. - **The Trade**: When the actual crop report shows a normal harvest, the price of FCOJ futures drops significantly. Louis and Billy Ray, having sold futures contracts at a high price based on the false report, buy back the contracts at the much lower price, thus making a profit on the difference. - **The Profit**: While the movie doesn't provide exact numbers, we can estimate based on the dialogue and context: - They shouted orders to sell futures at $1.42 per pound when the market was high due to the false report. - After the real report comes out, the price drops dramatically. Although not explicitly stated, one can infer from the market's reaction that the price might have fallen to around $0.29 or lower per pound (based on some analyses of the film's depiction). Using these numbers: - If they sold 20,000 contracts at $1.42 per pound and bought them back at $0.29 per pound, with each contract representing 15,000 pounds of FCOJ: - Profit per pound = $1.42 - $0.29 = $1.13 - Total profit = $1.13 * 15,000 pounds/contract * 20,000 contracts = $339,000,000 This calculation is a ballpark figure based on the information from the film and general understanding of futures trading. The exact number could vary depending on the precise number of contracts traded and the exact price movements, but this gives a sense of the magnitude of their profit. Keep in mind, this scenario is dramatized for effect, and real-world commodity trading would involve more variables like margin requirements, transaction costs, and regulatory considerations.[](en.wikipedia.org/wiki/Trading_Places)[](www.wisebread.com/explaining-the-climax-scene-of-trading-places)
the ending can best be explained by the following. The Dukes were insider trading with what they thought was information detailing that the orange crop would be diminished by the winter. They were therefore buying up the whole supply of orange shares which caused the price to go up. The other traders noticed this and got in on the same action also causing the price to go up. Winthorpe and Billy Ray then flooded the market by selling shares that they do not own. This caused the price to go down slightly as a result of the supply increasing. After the crop report revealed that the orange crop would not be impacted by the winter, the value of the shares dropped considerably. Winthorpe and Billy Ray waited a bit longer and then announced that they would buy back all of the shares that they had previously sold but at a much lower price than what they sold them for, and they specifically did not buy back those shares from the Dukes. Once the trading had ended, the Dukes were left with all of those now worthless shares but Winthorpe and Billy Ray now had enough shares purchased to cover what they promised to sell at the beginning of trading (in essence, they sold high and bought low).
More specifically, Winthorpe and Valentine commit to sell shares at a later date, then they buy shares in time to cover their obligation. Meanwhile, the Dukes borrowed a bunch of money that they'd have to pay back at the end of trading, expecting to make way more than they borrowed, and then completely failing to do so.
Except the Duke Brothers had warehouses full of orange concentrate. They can't pay for, so the have to sell them for cheap. This is why their brokerage house collapsed. They couldn't afford to pay for the warehouse full of OJ.
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.
There are 2 Muppet performers in this movie. Frank Oz (Miss Piggy, Bert, Fozzy Bear, Grover Cookie Monster, etc.) is the cop searching Louis’ stuff and Richard Hunt (Scooter, Janice, Beaker, Sweetums, etc.) is the guy trading for the Dukes at the end of the movie.
Dawn. Myself being an artist, an antique vase is more than likely, hand made, hand painted and considered one of a kind art! The artwork on the style vase Eddie breaks would have been covered in incredibly detailed "freehand" work. Being very fragile, as fired clay or glass, they are hard to keep from chipping or breaking all together. Therefore the fact that it's created by an artist, sometimes signed and usually around 100 years old in most cases, makes it expensive! In some ways, they could become an investment as well! Awesome reaction, always enjoy!!
Love this movie. Good New Years movie choice. Here’s one thing I’ve always wondered about though: when they’re on the train in costume, it seems to be confusing as to whether the characters are supposed to be in costume, or whether they’re actually pretending to be those people.
One video where a stock guy explains how the trading orange juice Futures worked, actually has Justin Trudeau Canada's prime minister's face over top of Dan aykroyd's on the train is the Jamaican LMAO
The object in the financial game is to buy something at a lower price and to sell it at the highest price possible. Orange juice in this case was bought at it's lowest price and when the value of it went down sharply sell all of what you own in Orange Stock so people will by it at that price therefore making a huge profit on it. This is why Insider Trading is Illegal, yet some still do these things in hope that they won't get caught.
14:41 She has $42,000 in Treasury Bills (T-Bill). Treasury Bills, Treasury Bonds, and Treasury Notes are basically loans you make TO the US Government. These are considered "traditional" securities. There are also Treasury Inflation-Protected Securities (TIPS) and Floating Rate Notes (FRNs). When people are screaming about the US Federal Debt, they're talking about these loans and the limit Congress puts on how much debt the government can accumulate (the "debt ceiling"). Treasuries can help insulate you from taxes in states like California and New York, as they are not subject to state taxes. Treasury Bills (like she has) are short-term loans that can have terms of 4 to 52 weeks. They are considered a risk-free investment because they are short-term and the US government promises to pay them back when the bill matures (the date payment is due.) You can hang onto a Treasury Bill until it matures, or you can sell them before that. However, Treasury Bills don't pay interest until they mature. (Bonds and Notes pay interest every six months.) They can also lose value with inflation. Because T-Bills are short-term investments, you have to pay the federal income tax rate (up to 35%) instead of the capital gains tax rate (up to 20%)
Dawn Marie, there is a big surprise connection between "Trading Places" and the film "Coming to America." You must watch both to see the guest cameos."
@USCFlash I guess we all have our favorite parts. All I remember is Curtis in a bodysuit and legwarmers. I never said it was a good movie, she pointed out that her body was perfect.
@@USCFlash Sleazeball meets girl, sleazeball loses girl, sleazeball gets girl, and nobody really cared. Jamie Lee was the only ting in the film worth watching.
@@RichardFay I agree with your synopsis completely....cept for JLC being worth watching. Only thing worse than her acting in it and the dialogue, soundtrack, Travolta's acting and the film itself, was her bizarre, butch, flock of seagulls hair cut. 🤣😉
Happy Christmas and a Merry New Year to you, your family and friends, Dawn Marie! I don’t know if you noticed, but Louis Winthorpe III was played by one of the Ghostbusters, Dan Aykroyd. He was in the original cast of Saturday Night Live, a late night American TV program. He’s extremely versatile and very funny. - Thomas from Southern California In Scotland, it’s already 2025! So cool!
A wrap with ka-bob in it? Out here, Oregon, a hoagie is a Sub Sandwich (deli meats and cheese. maybe hot, maybe cold), a Grinder or a Hero (not a gyro)
The stock exchanges in the US used to be like in this movie, pure pandemonium. It was fascinating to watch, and I don't know how it worked like that but it really did. Nowadays, its all computer screens and very few people and almost silent. I like the old way, but then I'm old too. PS- I have a stepbrother from Scotland who lives in Carnoustie, say howdy to him when you see him!
These were not stock exchanges, they were commodities exchanges and the NYSE was far more civil and a different outcry procedure than the pits like this.
PCP: Phencyclidine, AKA angel dust, a mind-altering substance. It was big in the US in the 1970s. I remember about once a week in the '70s, a TV crime drama would have some crazy violent act perpetrated by someone on PCP. It's what the police in The Terminator explained Arnold's character was probably on when he smashed through a windshield.
2:45 They made an extra $347,000 because they were trading in LARGE quantities. If you make $0.01 profit on 1 item, you've made $0.01 profit. But if you've made $0.01 on 1 billion items, you've made $10,000,000.
Briefly, on the commodities market (like everywhere else) the object is to buy low and sell high. You can buy without having money at the time, and sell when you don't have product at the time, but by the end of the day you must have the money or product to complete the transaction. In the morning, Billy and Louis were selling orange juice they didn't have at a high price, then later in the day the price of orange juice dropped a LOT so they were buying. At the end of the day they had bought a LOT of O.J. at a low price which they used to cover their morning sales at the high price, so they made a fortune trading OJ on the market. Of course, the Mortimer brothers did just the opposite - buying in the morning when juice prices were high because they expected the price to go even higher because of fake information about the orange crop. By the time juice prices fell in the afternoon they realized their mistake and tried too late to cut their losses by selling the juice they had bought in the morning at prices much less than they had bought it for, losing their shirts in the transactions.
When the film was made, it was PERFECTLY LEGAL to use government data for insider trading. Although Beeks may have broken the law when he obtained the crop report, it was legal for the Dukes to use insider information in the report to trade futures. In 2010, Congress changed this when they overhauled the securites laws. The provision making insider trading with government data illegal is often called the "Eddie Murphy Rule" because of this film.
Happy New Year Dawn Marie. My VHS copy of this, and "An American Werewolf In London" sleeves are autographed by the director, John Landis. This was in the days before DVD's. John Landis is a really cool, funny guy. If you, or your followers don't know, John Landis also directed the most watched music video of all time; "Michael Jackson's THRILLER."
Coming to America is a MUST now Dawn, ASAP after Trading Places again Eddie at his very best and you will love it
There is a reason to watch it right after Trading Places. Just do it. ;)
This is the way. One hidden gem that she might like is Brewster's Millions, kind of a similar vibe and would expose her to Richard Pryor (then she can watch The Toy)....
@@robpr315”The Toy” really didn’t age well. 😂. But ABSOLUTELY worth a watch. However, it might me hard to find in streaming because of PC culture.
was jus t gonna say Coming to america
@@travisbickle1552
Why would it be hard to find in streaming because of "pc culture"? It's right here on YT for chrissakes, for free.
Save your whining about "PC Culture". "PC Culture" cannot stop people from streaming movies, just because you think they can. 🙄
'pay someone to shower me' Jesus RIP her inbox
I’ll underbid anyone
I'd pay her...wait, that doesn't sound right....
She hasn't seen Coming To America yet, has she?
also will share her millions with staff, am queueing with wet-wipes.
Yeah when I heard her say that I was thinking doesn't she know she'd have a line of people who would be happy to do that 😂
16:07 - The pawn broker is legendary blues guitarist Bo Diddley.
Bo, you don't know Diddley.
"Her body's amazing!"... yes, most guys would agree!
Indeed !!
Well, I certainly do. I think that this was the film where she transitioned from "Screen Queen" to comedic roles, which revived her career.
Dam near wore out the VHS
@@jasonm8017Pause button never the same again 😮
@@jasonm8017 lol jasons tape had the messed up line on the screen on jamies parts.
25:13 What happened on the trading floor: The Dukes bought at a high price (based on false crop report indicating a FCOJ shortage) and sold at a low price (based on real crop report) losing money (if you buy at $142 and sell at $29, you lose $113). Louis and Billy Ray did the opposite, they sold at a high price and bought at a low price (if you sell at $142 and buy at $29, you make $113).
What confuses many people is that Louis and Billy Ray were “short selling”-they first sold FCOJ they didn’t own, which is risky because the buyers will want their FCOJ at the end of the day. They then waited for the price to drop and bought the FCOJ they owed to their buyers at a low price to fulfill their orders.
Yeah.
Short selling is essentially the opposite of betting that something will increase value. If you bet that it’ll lose value you sell imaginary shares of it at a high price and then hope that for every imaginary one you sold you can buy it back cheaper before someone comes asking to see these shares.
FINALLY, someone explains this in a way I can understand! BLESS YOU! 😂
@@debravega2453
If you want to get a bit more of a feel for these things, try The Big Short, which dumbs things down a lot when it gets confusing.
@@debravega2453 I agree, I've never know what short selling was.
Not sure if anyone else has mentioned this or not, however… Coleman, was played by Denholm Elliott, who you might recall as, Marcus Brody in “Raiders of the Lost Ark”, & “ Indiana Jones and the Last Crusade”. He died in’92. (R. I. P)
There's a nice little movie called "Privat Function", with Michael Palin (Monty Python), Maggie Smith, Richard Griffiths and others, in which Denholm Elliott, also plays a leading role. A really funny film from 1984...
Excellent actor. He's also in another classic xmas movie called "The Holly and the Ivy".
Dawn Marie YOU HAVE TO WATCH "Coming To America" asap it has a little Easter Egg to this movie in it!!!
I love you Dawn Marie!! You are the very best reactor on the internet. One of the kindest and most loving people ever! Merry Christmas and Happy New Year to you! Thank you for a year full of entertainment both laughs and tears that you gave all of us.
I COULDN'T POSSIBLY AGREE MORE!!!!!!!
One could say "Bestest reactor ever!"...
15:39 The money clip fumble/bounce was not intentional, but Don Ameche saved the take and continued on.
26:42 Don Ameche didn't like to swear so they only did one take.
As I heard the story Done Ameche was adamant on not swearing more than once no matter the outcome of the take. So it was an all or nothing take.
Which plays perfectly into what I heard about the actors for the Duke brothers. In real life they were supposed to be true gentlemen, sweet, kind, and generous, so a complete opposite to their roles' characters.
22:05 ... Coleman almost blowing the whole thing because he can't get past the cultural inaccuracy of Ophelia's disguise KILLS me every damn time.
Inga from .... Swe... well, who cares really. 😍
Merry New Year!
No happy English
Happy new year. In this country we say Happy new year.
Beef jerky time!
@@trol68419you just made me realize, I think I quote this movie more often than I realized.
@@reverbscherzo7850 He/she/they/it will be someone who skips the video throughout.
Those old guys were so mean, but I loved them in the balcony on "The Muppet Show."
They were also good in "Coming to America"
The personal property clerk at the police station was played by Frank Oz, famous Muppet performer. I like to imagine the character being played by Bert. “This is PCP. Angel Dust. Do you have any idea what this stuff does to kids…Ernie?!”
He played a similar character in Blues Brothers.
People will pay $35,000 for a vase if it's a collector's item, and the way it becomes a collector's item is if somebody will pay $35,000 for it. It's a vicious circle. In the Netherlands in the 17th century, people spent their entire fortunes buying tulips, then lost their entire fortunes when the bottom fell out of the market because other people suddenly stopped buying them.
Like all ridiculously priced items - from paintings to vases to faberge eggs - they are simply a tax evasion scam. Insanely wealthy people can tie up their huge fortunes in tiny little over-priced items, and can sell them to their buddies at the exact right times to avoid paying all that tax which they would have to if it were kept in cash in an account, or trading hands between coutries and currencies etc.
The laugh Eddie Murphy does on the train is an homage to Geoffrey Holder, a 6’6” tall dancer and actor who was famous for his laugh, especially pitching 7-Up Cola, which he called “the Un-Cola.”
It was the Dukes! It was the Dukes!
Your laughter and humor today were first rate, you had me laughing with you!! A great way to start New Year's Eve. Thank You Happy New Year Dawn
You might remember Denholm Elliott (Coleman) as Marcus Brody in the "Indiana Jones" movies, among many other pictures. He also made a funny Sherlock Holmes parody with John Cleese in the 1970s called "The Strange Case of the End of Civilisation As We Know It."
“Look at that “S” car go” is comedy gold!
When they were eating, and Edie starts talking and everyone gets quiet... that was a pun. A very frequent and well-known advertisement for E.F. Hutton, (an investment firm) went, "When E.F. Hutton speaks, everybody listens."
And that came after the exact same scene where an entire restaurant grows quiet when someone begins to speak.
12:40 - Coleman's LOOK! So many reactors don't notice- or don't say so out loud if they did- that tiny little "look" that crosses Coleman's face just before he closes the door. The look that says, "My former boss may be a privileged silver-spoon-up-his-ass snob, but even he doesn't deserve what the Duke brothers are doing to him. I'm ashamed at the role I am playing in their petty little game."
I just love actor Denholm Elliott; he is such a treasure. I hope you notice his line near the end of the film that is my favorite line in the whole movie...
20:42 - Aw, you clapped at Coleman's "Or beats them to it" which is great. But my single favorite line in the whole movie is: "Eggnog?"
Decades- generations- of class resentment are boiled into that single word. Denholm is such a great actor; I just love him.
I always love seeing you laugh yourself silly, but OMG, that extra twinkle in your eye during the train sequence just brought it to the next level! ❤
That moment when Valentine looks right at the camera is one of the greatest fourth-wall breaks in cinema history.
Actually, there are 2 of this moments. First in the police car and the 2nd one in the office, with the Dukes... I always wondered if the Dukes' name was a reference to John Wayne. His nickname was Duke and behind closed doors, it was an open secret in the Hollywood studios that John Wayne was a nasty racist. And the two characters were very clear about that too...
Bacon, like you’d get in a bacon, lettuce and tomato sandwich. That look to camera is all time comedy gold.
@@melchiorvonsternberg844that’s odd because Sammy Davis Jr doesn’t seem to think so. There’s a picture of them hugging and laughing and he gave Sammy his hat that he wore on stagecoach
@@mohammedashian8094 What in christ sake, you are talkin' about? Did your sparrow brain consider the possibility that he might have been racist towards Indians and Asians? Are 90% of the world's population no longer able to examine an idea from all sides before opening their hatch to spout intellectual nonsense?
OMG!! Love this movie. Grew up on Murphy, and I met him once in 1986! I still have his autograph. I became a stand-up comic 20 years later, and met his brother CHARLIE MURPHY years ago
I love when Dawn watches comedies 👍
“YEAH!” Someone give that guy an Oscar
I love the "yeah" guy. I'm not enough of a bass to pull it off, but every once in a while, I try to throw a good "YEAH!" into a conversation.
10:38 - Franck Oz is reprising his role from 'Blues Brothers'
Even now, I jump at every opportunity to say, with the accent, 'There's plenty, you know.'
💯
Hello and thank you for your videos dear Dawn. I have just watched a wholesome film I'm sure you will love - Father Goose with Cary Grant, it was one of my dear old mums favourites. All the best to you for the new year.
It’s is a cute war film
Grant had another cute ear film called “Operation Petticoat” worth a watch as well
In fact Tony Curtis is in it, yup that’s Jamie Lee Curtis’a (Ophelia in Trading places) papa
"All you need is love, Christmas, a Happy New Year and to stick it to The Man"
No finer philosophy than that. Merry New Year, Dawn.
One nice thing that Winthorp did before the Dukes made their bet was to say "hi" to those who said it to him. The Dukes were snobs, and did not.
The porter on the left at 23:41 is played by Al Franken. In the 70s and 80s he was mostly a comedy writer with a little bit of acting. The other porter is Tom Davis, who was Franken's partner in comedy writing. In the 90s, Franken started writing books that were both political and funny. Later, he was elected as a US Senator, but resigned when allegations of sexual impropriety surfaced at the time of the metoo movement--less serious than what Donald Trump has actually admitted, but Franken has more honor. Also the building in the background at 24:31 is one of the twin towers that fell on 9/11/2001.
Biden was taking showers with his 12 YO daughter, talk about honor!!!!
HOLY CRAP NEVER NOTICED!!
I've seen this a thousand (ok, sooo many) times and never thought of the double meaning. Stock exchanges are "trading places". Brilliant!!!
Went up the World Trade Centre in 1994, thought of the scene from this film the whole time. Buildings were as big as I had imagined.
The historical Trading floor shown in the movie was not in the Twin Towers. I worked there, this particular exchange was housed at 4 World Trade Center.
You went up one of the Twin Towers, which were part of the entire World Trade Center complex.
@@USCFlash not the scene you seem to be talking about, the exterior 'last bastion of pure capitalism' scene.
@@arraymac227
I understand that but you said you "went up the World Trade Center."...you do know there were several buildings and it was an entire complex, right? It is not just the twin towers. So did you go up one of the twin towers? Because saying you went up the world trade center, makes no sense at all.
@@USCFlashRead before you comment.
@@jordanbridges
I did. I was making a point, since most people assume incorrectly that the old trading floors are in one of the twin towers.
He did not specifically refer to them walking out outside of the towers, and the major scene in the movie is THE TRADING FLOOR action which goes on for quite a while and is the epic conclusion to the film....not walking by randomly outside.
Read before you comment.
6:43 Fun Fact: the young man standing with Eddie, in the jail cell, is a VERY young Giancarlo Esposito
Poor young dude. He was so innocent. Jail harden him and now runs a drug cartel in New Mexico!!!
@@campagnollo so sad 🤣
Watching Billy Ray having a face-off with the big guys.
Jaime Lee Curtis is the daughter of Tony Curtis(Some Like it Hot) and Janet Leigh(Psycho). I watch this movie every year. It's not Christmas until Jaime Lee delivers some holiday cheer.
Jamie's sister is in this movie also Kelly Curtis she plays Muffy, some original nepo babies lol
@@garyhutchinson8192 nepo babies go way back in Hollywood
The Duke Brothers - HUGE stars in the 1930s & 40s. Ralph Bellamy was usually the stalwart second lead, losing the girl to James Cagney or Cary Grant. Don Ameche is in the 1943 classic "Heaven Can Wait."
Ok, my name is Hoagie, so hearing Dawn say "I like a hoagie" made my whole YEAR 😆
- So the end, SIMPLY put, is:
When the OJ price went high because everyone was buying (because they saw the Duke's buying), they SOLD as much as they could, essentially on IOU's. They were selling OJ they didn't own on paper promises that they would own it. Then when the price started getting low, because they were buying it all, they bought it from everyone trying to unload it. So by the end, they owned all the shares they promised to sell at the beginning. So, since they sold at like 142/share, and bought at far lower, continuously dropping prices, they keep the difference. The practices they used (insider info and short selling) are now banned.
Love this reaction Dawn. My favourite bit of the movie? When Coleman asks Ophelia to go for a drink with him, and they link arms and go. It’s absolutely beautiful.
".....24??..." Trading Places filming took place from December 13, 1982 to March 1, 1983. Jamie Lee Curtis was born November 22, 1958. So, yeah, she was 24 during filming...
I had to check this myself. I mean... she definitely didn't look it BY current standards of young actresses chosen today. It was a different time.
@@patsk8872 I don't think it has to do with standards or time. Jamie just doesn't have a very young look. She was around 18 in Halloween, but she didn't look that young.
25:10 I remember seeing this movie in theaters, and I did not realize until today that the title had two meetings
& 2 meanings
If you think Jamie Lee Curtis had an amazing body in this movie, check out the dance she did in True Lies.
True.... No lie....
One of the few movies that takes place in my home town of Philadelphia.
It's always sunny there.
Wikipedia: 152 movies set in Philadelphia. That's a lot of few! 😊
@@bodine57 Compared to the millions of movies that have ever been made, 152 is a drop in the ocean, really. But it is nice to know.
25:44 With uncertainty about the orange harvest, many are thinking the orange crop would be meager, making oranges more expensive. If so, buying even at an elevated price would mean you're buying something that will be rarer, it will thus increase in price drastically. Instead, the orange crop turned out to be fine, so the price will drop from the fear-based high. Anyone who kept buying up until the report is going to be stuck with overpriced commodities, and won't be able to make back what they paid.
0:25 About 10 years ago, my gf and I spent the holidays in Europe. We started with a few days in and around Brussels for our shared love of Belgian beer, spent the week of Christmas in Bavaria and Austria to honor my family’s heritage, and ended the trip with several days in Scotland for her family history. Celebrating Hogmanay in Edinburgh by joining in on the torch procession and giant party downtown was definitely a highlight of the trip.
Dawn: "Nobody would buy a vase for $35,000"
that guy last month that paid $5 million for a banana "art": "Hold my banana"
True!🍌😂
Was that the banana art that was taped onto an empty canvas and some janitor ate it?
Thanks!
What a great reaction! You´ve noticed the short look Denholm Elliott gave Dan Aykroyd at the door. This one second shows the character of Coleman and what he actual thinks about this "experiment" without a single word! What a great actor he was.
Ralph Bellamy and Don Ameche were big movie stars back in the 30's and 40's. It was great to see them in another successful movie again at the end of their careers. Don Ameche went on to be in Cocoon too.
Cocoon is the bomb. Cheers!!!
I can't believe this movie came out over 40 years ago
@Lewis9700
And I can`t believe I watched it in the theatres (40 years ago)...
Your laugh is contagious. Watching you watch the train scene had me in stitches.
Merry New Year 😅
"I don't understand" was a quote i saw coming. A lot of people are still confused. It's not as complex as it seems but it also kinda is. Remember they fed the Dukes a false agriculture report. They knew the oranges were fine but fed them one that said there will be a shortage so the Dukes jumped on their report and tried to buy everything up and corner the market. Knowing that oranges were in fine supply they let the price go way up and then they starting selling at the high price. They bought orange juice contracts beforehand with Coleman's and Ophelia's life savings to sell when it got high. Everyone thought the Dukes knew what they were doing so they followed the herd and bought. Then the crop report came out. Oranges were fine. The market crashes BUT they sold at super high prices. As a nice touch, they actually re-purchase some at the super low prices as an investment at the end. Smart. Someone actually figured out how much they made at that time. It was a bit over $3 million, which is great for a day's work but not retiring to your own island. I hope Coleman and Ophelia got the bulk of it since they took all the risk. It was their money they were playing with.
19:27 - that "Blearrrgh" noise he makes is me every time I wake up in the morning.
My brother works in finance and tried to explain the ending to me once. Went completely over my head.
Dawn, I want to recommend to you my favorite comedy movie of all time. It's called "It's a Mad, Mad, Mad, Mad World," from 1964. I know you'll love it only because you've loved so many different kinds of comedies, going back to the Marx Brothers in the 1930s and Harold Lloyd in the 1920s. It has an all-star cast, and yes, that means everybody in the movie is a star, even bit parts. It's directed by Stanley Kramer. The director's cut was 5 hours long, but unfortunately that's been lost to history, because the studio thought he was crazy to make a movie that long. There's a version that's been cut to fit old-style TVs, so skip that. I think the best widescreen version is around 2 hours and 45 minutes.
"Pay someone to shhhh....!"
Most amusing, Dawn Marie. WIPERS!
Dawn, you had so many questions right from the start! We will need to replay this several times each to answer you, but we will. And, YES that was Rocky! You should rewatch it again also to catch some little things that went on while you were laughing so much or asking questions. Then move on the Coming to America. Thanks for a great reaction. Happy New Year!!!🍾🎇🎆🎊
One of the Dukes was Ralph Bellamy and he was in "His Girl Friday" a classic Comedy that you would love. It's a Cary Grant Movie about a newspaper.
"His Girl Friday" A solid recommendation from the time of talking fast and wearing hats. One of the fastest and hat-ist of them all. I think Dawn would love it.
Dawn Marie you absolutely brilliant, I've seen this movie many, many times and never got that the movie title had 2 meanings!
Happy Hogmanay! And Happy Ne'erday when it comes 🎉
A bit of Broadway trivia: the President of the exchange, who told the awful escargot joke, was played by the great Alfred Drake, a musical theater legend.
had he come to wive it wealthily in Padua? 🤔
@@JHN12x12 I believe so. And got there in a surrey with a fringe on the top.
also I'm pretty sure Coleman works for Duke and Duke and the house is THEIR property..they just have their top man living in it as a job perk and because he's to be wed to their granddaughter..
Interesting fact. This movie was one of the first available on vhs tape. One of the features of those machines was the ability to freeze frame the tape, so one could stop the tape on a single frame. The frame where you said “her body is amazing” became famous because teenage boys all over the country were freezing on it for lets just say several minutes at a time to enjoy the cinematic beauty. It is also the inspiration behind the song Freeze Frame by the J Geils band. So “amazing body” indeed.
Freeze Frame came out before this movie.
@ Good point. I am wrong.
GREAT REACTION VIDEO!👏🏾 The main reason for me to watch reaction videos is for me to watch someone giggle and enjoy themselves!!! Thank you for a great 2024 and wishing you a prosperous 2025!!! "MERRY...NEW YEAR"😉 "HA...HA...HA...HA HA"!!!😏😉✌🏾
Happy New Year to you, yours, and everybody else 🥂
Some guy crunched some numbers and estimated that Valentine, Winthrop, Ophelia, and Coleman made over $252,000,000. Which was a lot more in the early 80s than it is today.
That'd be about $813,000,000 today
Yeah, I don't see how it could be that much. Ophelia had $50k. The bundle she handed over looked to be about the same that Coleman did. Valentine and Winthrop didn't have access to much of any funds, since Valentine was still blocked of his accounts. Even if on a 10:1 margin for the options they were trading, and 3:1 would be more realistic with their small dollar amounts, it would come out to less than $10m. Give Coleman $150k and Vaentine/Winthrop borrowing money that wasn't shown, and you aren't coming up with $252m. That's not including the high fees that were owed in the 1980s and the high taxes on a short term profit. I'm sure that person just assumed that all of the Dukes' money some how moved into their own pockets, which isn't how it works.
If there is a good investment take away from this classic film, it is that it is far easier to make money when you already have money. Remember how much the Duke's made in the beginning on a small price adjustment? Take a look at the market and it'd be easy to find a popular stock that moved 2% today. If you had $1,000 to invest, you could make twenty dollars. Not very much, right? Now imagine investing $100,000 in that exact same trade and making two thousand dollars in one day on just one trade. Yet this is how the rich can forget how tough it is out there to just make a little more money.
calculated by Grok and ChatGPT
In "Trading Places," Louis Winthorpe III and Billy Ray Valentine execute a plan to profit from trading in frozen concentrated orange juice (FCOJ) futures. Here's how they did it:
- **The Setup**: They replaced a real crop report with a fake one suggesting a bad orange crop, anticipating that the Duke brothers would buy up FCOJ futures expecting prices to rise due to the supposed shortage.
- **The Trade**: When the actual crop report shows a normal harvest, the price of FCOJ futures drops significantly. Louis and Billy Ray, having sold futures contracts at a high price based on the false report, buy back the contracts at the much lower price, thus making a profit on the difference.
- **The Profit**: While the movie doesn't provide exact numbers, we can estimate based on the dialogue and context:
- They shouted orders to sell futures at $1.42 per pound when the market was high due to the false report.
- After the real report comes out, the price drops dramatically. Although not explicitly stated, one can infer from the market's reaction that the price might have fallen to around $0.29 or lower per pound (based on some analyses of the film's depiction).
Using these numbers:
- If they sold 20,000 contracts at $1.42 per pound and bought them back at $0.29 per pound, with each contract representing 15,000 pounds of FCOJ:
- Profit per pound = $1.42 - $0.29 = $1.13
- Total profit = $1.13 * 15,000 pounds/contract * 20,000 contracts = $339,000,000
This calculation is a ballpark figure based on the information from the film and general understanding of futures trading. The exact number could vary depending on the precise number of contracts traded and the exact price movements, but this gives a sense of the magnitude of their profit.
Keep in mind, this scenario is dramatized for effect, and real-world commodity trading would involve more variables like margin requirements, transaction costs, and regulatory considerations.[](en.wikipedia.org/wiki/Trading_Places)[](www.wisebread.com/explaining-the-climax-scene-of-trading-places)
the ending can best be explained by the following. The Dukes were insider trading with what they thought was information detailing that the orange crop would be diminished by the winter. They were therefore buying up the whole supply of orange shares which caused the price to go up. The other traders noticed this and got in on the same action also causing the price to go up. Winthorpe and Billy Ray then flooded the market by selling shares that they do not own. This caused the price to go down slightly as a result of the supply increasing. After the crop report revealed that the orange crop would not be impacted by the winter, the value of the shares dropped considerably. Winthorpe and Billy Ray waited a bit longer and then announced that they would buy back all of the shares that they had previously sold but at a much lower price than what they sold them for, and they specifically did not buy back those shares from the Dukes. Once the trading had ended, the Dukes were left with all of those now worthless shares but Winthorpe and Billy Ray now had enough shares purchased to cover what they promised to sell at the beginning of trading (in essence, they sold high and bought low).
clear as mud
beef jerky time!
More specifically, Winthorpe and Valentine commit to sell shares at a later date, then they buy shares in time to cover their obligation. Meanwhile, the Dukes borrowed a bunch of money that they'd have to pay back at the end of trading, expecting to make way more than they borrowed, and then completely failing to do so.
More specifically, neither of you are correct. They are not trading shares. They are trading Futures Contracts.
Except the Duke Brothers had warehouses full of orange concentrate. They can't pay for, so the have to sell them for cheap. This is why their brokerage house collapsed. They couldn't afford to pay for the warehouse full of OJ.
@@Dularr
They don't have "warehouses full of orange concentrate", for god's sake stop posting incorrect info. They had only the spot contracts.
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.
A hoagie in the U.S. is a submarine sandwich, a.k.a. a grinder.
Nice cameo by Yoda (Frank Oz). He played a similar role to this in An American Werewolf in London a couple of years or less prior to this in '81.
Happy New Year Dawn, stay safe & stay blessed, love & prayers from Maine USA, 👍🙏🌹🇺🇸
There are 2 Muppet performers in this movie. Frank Oz (Miss Piggy, Bert, Fozzy Bear, Grover Cookie Monster, etc.) is the cop searching Louis’ stuff and Richard Hunt (Scooter, Janice, Beaker, Sweetums, etc.) is the guy trading for the Dukes at the end of the movie.
Mortimer (Don Ameche) was in Harry and the Hendersons (1987) a MUST watch.
Glad you enjoyed this one! Great video!
I love seeing you enjoy such a classic movie
"Paid companion" sounds like something else, lol...
Dawn. Myself being an artist, an antique vase is more than likely, hand made, hand painted and considered one of a kind art! The artwork on the style vase Eddie breaks would have been covered in incredibly detailed "freehand" work. Being very fragile, as fired clay or glass, they are hard to keep from chipping or breaking all together. Therefore the fact that it's created by an artist, sometimes signed and usually around 100 years old in most cases, makes it expensive! In some ways, they could become an investment as well! Awesome reaction, always enjoy!!
Love this movie. Good New Years movie choice. Here’s one thing I’ve always wondered about though: when they’re on the train in costume, it seems to be confusing as to whether the characters are supposed to be in costume, or whether they’re actually pretending to be those people.
One video where a stock guy explains how the trading orange juice Futures worked, actually has Justin Trudeau Canada's prime minister's face over top of Dan aykroyd's on the train is the Jamaican LMAO
That is the most fun I have ever seen you have during a movie. Best movie ever! Great reaction.
The object in the financial game is to buy something at a lower price and to sell it at the highest price possible.
Orange juice in this case was bought at it's lowest price and when the value of it went down sharply sell all of what you own in Orange Stock so people will by it at that price therefore making a huge profit on it.
This is why Insider Trading is Illegal, yet some still do these things in hope that they won't get caught.
It's not "Orange stock". It's a futures contract.
14:41 She has $42,000 in Treasury Bills (T-Bill).
Treasury Bills, Treasury Bonds, and Treasury Notes are basically loans you make TO the US Government. These are considered "traditional" securities.
There are also Treasury Inflation-Protected Securities (TIPS) and Floating Rate Notes (FRNs).
When people are screaming about the US Federal Debt, they're talking about these loans and the limit Congress puts on how much debt the government can accumulate (the "debt ceiling").
Treasuries can help insulate you from taxes in states like California and New York, as they are not subject to state taxes.
Treasury Bills (like she has) are short-term loans that can have terms of 4 to 52 weeks. They are considered a risk-free investment because they are short-term and the US government promises to pay them back when the bill matures (the date payment is due.)
You can hang onto a Treasury Bill until it matures, or you can sell them before that.
However, Treasury Bills don't pay interest until they mature. (Bonds and Notes pay interest every six months.) They can also lose value with inflation. Because T-Bills are short-term investments, you have to pay the federal income tax rate (up to 35%) instead of the capital gains tax rate (up to 20%)
BTW, Coleman is played by Denholm Elliott, Marcus Brody from the Indiana Jones franchise.
Dawn Marie, there is a big surprise connection between "Trading Places" and the film "Coming to America." You must watch both to see the guest cameos."
Yes, her body is so perfect, she starred with John Travolta in a movie about her body called " Perfect".
One of the worst movies of all time, unfortunately....that aerobics class scene with Travolta pelvic thrusting is a hideous embarrassment to cinema.
@USCFlash I guess we all have our favorite parts. All I remember is Curtis in a bodysuit and legwarmers. I never said it was a good movie, she pointed out that her body was perfect.
@@farmerbill6855
I don't have any favorite parts of that awful movie. Neither do most people.
@@USCFlash Sleazeball meets girl, sleazeball loses girl, sleazeball gets girl, and nobody really cared. Jamie Lee was the only ting in the film worth watching.
@@RichardFay
I agree with your synopsis completely....cept for JLC being worth watching. Only thing worse than her acting in it and the dialogue, soundtrack, Travolta's acting and the film itself, was her bizarre, butch, flock of seagulls hair cut. 🤣😉
Yes, that was Rocky. That statue is still there, although not on the steps anymore. Probably the best thing about Philadelphia is that museum.
Happy Christmas and a Merry New Year to you, your family and friends, Dawn Marie! I don’t know if you noticed, but Louis Winthorpe III was played by one of the Ghostbusters, Dan Aykroyd. He was in the original cast of Saturday Night Live, a late night American TV program. He’s extremely versatile and very funny. - Thomas from Southern California In Scotland, it’s already 2025! So cool!
A wrap with ka-bob in it?
Out here, Oregon, a hoagie is a Sub Sandwich (deli meats and cheese. maybe hot, maybe cold), a Grinder or a Hero (not a gyro)
I've been in that park at the beginning, where they pick Eddie off of the cart, many times.
The stock exchanges in the US used to be like in this movie, pure pandemonium. It was fascinating to watch, and I don't know how it worked like that but it really did. Nowadays, its all computer screens and very few people and almost silent. I like the old way, but then I'm old too. PS- I have a stepbrother from Scotland who lives in Carnoustie, say howdy to him when you see him!
These were not stock exchanges, they were commodities exchanges and the NYSE was far more civil and a different outcry procedure than the pits like this.
PCP: Phencyclidine, AKA angel dust, a mind-altering substance. It was big in the US in the 1970s. I remember about once a week in the '70s, a TV crime drama would have some crazy violent act perpetrated by someone on PCP. It's what the police in The Terminator explained Arnold's character was probably on when he smashed through a windshield.
2:45 They made an extra $347,000 because they were trading in LARGE quantities. If you make $0.01 profit on 1 item, you've made $0.01 profit. But if you've made $0.01 on 1 billion items, you've made $10,000,000.
Thanks, Dawn Marie, for this fun reaction to "Trading Places!"
Happy New Year beautiful. Love your reactions and especially love your laugh.
Briefly, on the commodities market (like everywhere else) the object is to buy low and sell high. You can buy without having money at the time, and sell when you don't have product at the time, but by the end of the day you must have the money or product to complete the transaction. In the morning, Billy and Louis were selling orange juice they didn't have at a high price, then later in the day the price of orange juice dropped a LOT so they were buying. At the end of the day they had bought a LOT of O.J. at a low price which they used to cover their morning sales at the high price, so they made a fortune trading OJ on the market.
Of course, the Mortimer brothers did just the opposite - buying in the morning when juice prices were high because they expected the price to go even higher because of fake information about the orange crop. By the time juice prices fell in the afternoon they realized their mistake and tried too late to cut their losses by selling the juice they had bought in the morning at prices much less than they had bought it for, losing their shirts in the transactions.
Happy New Year from Alberta, Canada.
Merry New Year 🎉 from Whitehorse, Yukon
When the film was made, it was PERFECTLY LEGAL to use government data for insider trading.
Although Beeks may have broken the law when he obtained the crop report, it was legal for the Dukes to use insider information in the report to trade futures.
In 2010, Congress changed this when they overhauled the securites laws. The provision making insider trading with government data illegal is often called the "Eddie Murphy Rule" because of this film.
Merry New Year!
Beef jerky time.
It just turn to the New Year here in California and I'm here watching this great Channel I love your reactions
Happy New Year Dawn Marie. My VHS copy of this, and "An American Werewolf In London" sleeves are autographed by the director, John Landis. This was in the days before DVD's. John Landis is a really cool, funny guy. If you, or your followers don't know, John Landis also directed the most watched music video of all time; "Michael Jackson's THRILLER."
John Landis is also thought by some to be the guy in the Bigfoot suit in that famous video of Bigfoot