Dumb Money

Dumb Money

Seen October 2023

First Watch


Opening Weekend (Theatre)



Quality (7)


Enjoyment (8.5)


Disappointment (1)

Score 74%

GPT-4 text from a message convo with a friend


"Dumb Money" is a bit of a mixed bag for me. It's got its moments, sure, but it also leaves a lot to be desired.
Let's start with the good stuff. The emotional core of the film hits harder than some folks give it credit for. It does a solid job of capturing the human element behind the meme stock frenzy, showing the hopes, fears, and aspirations of the everyday investors who found themselves caught up in the whirlwind.
But here's where things get a bit dicey. The timing of the film feels off. It's like they're trying to tell a story that's still being written. The whole GameStop (GME) and AMC saga is still unfolding, and it's too early to judge how these companies have used the cash injection they got during the stock surge. It's like trying to review a book when you're only halfway through - you just can't see the full picture yet.
And then there's the economic context, or rather, the lack of it. The film pretty much ignores the ongoing conversations around inflation and recession, which are key to understanding the current financial climate. It's like trying to understand a game without knowing the rules - it just doesn't work.
The film also drops the ball when it comes to explaining key financial concepts. Unlike "The Big Short," which did a great job of breaking down complex financial instruments like short positions and short squeezes, "Dumb Money" leaves these concepts largely unexplained. It's like they're trying to recreate the confusion and lack of understanding that many retail investors felt at the time, but it just leaves the audience in the dark.
And don't get me started on the characterization. The portrayal of the Indian CEO, whose name is not Baju as depicted in the film, feels like an unnecessary dig.

Final Thoughts

So, where does that leave us? Well, "Dumb Money" does succeed in capturing some aspects of the meme stock phenomenon, but it falls short in its timing, context, and explanation of key financial concepts. The story is still unfolding, and a more comprehensive and nuanced narrative might emerge in a few years. Until then, this film provides a snapshot of a moment in financial history, albeit an incomplete one. It's not a total miss, but it's not a home run either. It's worth a watch, but don't expect it to be the definitive take on the meme stock saga.