Top critical review
Enjoyable Story of the 80's Wall Street Success Myth
on December 20, 1999
This film was quite fun to watch and I enjoyed it. Douglass and Sheen gave excellent performances, and Gordon Gekko had some classic lines(My personal favorite: A fool and his money are lucky enough to get together in the first place).
However, as much as I'd recommend this film for it's entertainment value, as a professional trader who has been making his living from trading stocks and commodities for his own personal account for the past twelve years, I have to say that this film does more to perpetuate every myth and psychological bias that causes the majority of people to LOSE money in the markets than just about any other film I can think of. Chief among them in this film is that inside information is required or even desirable in many cases in order to make money. This may just be a reflection of the biases of it's director, but IMO, a bit more in depth research and the inclusion of another character, for contrast's sake, of a successful, honest trader and his or her methods would not have gone amiss. I kept hoping this would develop in the character of Lou Manheim, but it never did. Bottom line: Very entertaining story, but it ain't no success manual. More like a study of what not to do to win on Wall Street.