12 questions about the movie : Wall Street (1984).
[...] Indeed, he stood to gain a substantial amount of money from Gekko's takeover and breaking down Bluestar, since he intended to sell off its assets and raid its pension fund. Bud's decision to go with his father's union to Gekko's rival and persuade him to take a controlling share stands in defiance of his erstwhile client and patron. In combination with good and bad luck, which good decisions resulted in good outcomes? Good decisions resulted in bad outcomes? Bad decisions resulted in good outcomes? Bad decisions resulted in bad outcomes? A good decision that resulted in bad outcomes would be Bud signing up Gekko as his broker. [...]
[...] Bud again has an illusion of control when he starts his partnership with Gekko, as he thinks he can manage it all. Gekko also demonstrates some illusion of control when he faces an anonymous takeover of Bluestar airlines, only to discover belatedly that he was outmaneuvered by Bud. Gekko faces a hostile takeover of Bluestar airlines, and sees its stock tumbling down. He understands that he needs to get out of the market rather than fight his rival over control. It makes economic sense to exit despite the sunken costs incurred when he wanted to raid the company's pension fund. [...]
[...] In that sense, Gekko exerts a type of locus of control, which is in keeping with his persona as a ruthless corporate raider. Where did you see evidence of escalation of commitment? When the trade he placed lost him money, Bud starts making Gekko's bidding in the form of odd jobs:when Gekko asks Bud to spy on his rival. Bud could have backed away from it all and settle for the commission fee he gets from their initial deal. 10) What biases were exhibited? [...]
[...] Could he have been financially successful otherwise? How? Bud is working at a more lucrative job in comparison to his father, but he is hobbled by a lifestyle he can barely afford, as he also needs to pay off his college debt. However, he is pushed by his firm to fulfill his trade quotas. Bud pursued Gekko aggressively because he needed a large commission fee. A client of that caliber would present him to other prospective clients, thus allowing Bud to build his own client portfolio in a short period of time. [...]
[...] What key decision affected all future actions? How were subsequent decisions linked to that decision? What were the ripple effects of those decisions? Bud is a struggling stockbroker, he pursues Gekko as a potential client, and calls him daily to no avail. When he discloses insider information gleaned from his father about the airline where he works, it sets in motion a series of subsequent decisions that get Bud involved in shady business as does whatever it takes to retain Gekko as a client, leading to their ultimate demise. [...]
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