"The Big Short" [.]

[fiefoe]

It wasn't easy being shorts. They were a tortured bunch.

* The 'garage band hedge fund' Cornwall Capital had trouble because they were thought to be too small to play at the institution investor's table; and their long-side was free to price their instruments unfairly for a long time. Also they had to worry about the democratic society as we know it.
* Eisman's fund was hampered by its parent, Morgan Stanley.
* Dr. Burry had to fight his investors every step of the way and didn't get even a thank-you note for his troubles.

On the other hand, there was no deep psychological profiling of the head bond trader at Morgan Stanley who 'wasn't smart enough to realize how  cynical he needed to be', but I got the sense that he came through this just fine.

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