Thursday, 12 December 2024

The Grinch who stole my patience

I about lost it when I read this headline
 
   
     
   
 
DECEMBER 12, 2024
   

Editor’s Note: I’m excited to host Jack Carter’s One Ticker Challenge webinar tomorrow at 12:30pm! He’ll reveal a method he’s discovered to simplify trading by focusing on just one ticker at a time — perfect timing with the Fed meeting next week. Reserve your spot here and I can’t wait to see you there!

Hey y’all,

I saw something last night that made me question my commitment to capitalism and the free market…

Apparently, Jim Carrey has been asked about potentially making a sequel to his Grinch movie, and is open to the idea… 

A sequel… to The Grinch Who Stole Christmas… 

Ironically, here’s a look at my exact face when I first read this news:

 
 

Hollywood’s craven profiteering knows no bounds!

How do you make a sequel to The Grinch

Films tell stories, and stories are about drama and redemption. He saved Christmas. His heart grew three sizes! That’s it! That’s the whole story! 

What’s he going to do next, save Flag Day?! 

And it’s just when I start to think that maybe Hollywood, if not the whole Western, free market, creative enterprise experiment is a mistake that I realize… 

The economy governs itself.

Movies that people don’t want don’t make money.

Look at what happened to Joker: Folie à Deux. The first Joker movie was a huge commercial and an even bigger critical success. Everyone believed Joaquin Pheonix’s portrayal of the iconic comic book villain was unrepeatable. 

Then, within just a few years, they tried to repeat it, tying in Lady Gaga for some reason, and making the whole thing a love story.

A movie that didn’t need a sequel got a sequel, not because there was another story worth telling but because the studio believed there was another goldmine worth exploiting.

But, guess what? Audiences didn’t want the movie, and the movie flopped completely.

 
 

We’re about to see the same thing play out with Kraven.

Sony Pictures — apparently unwilling to learn the lesson audiences tried to teach them with Madame Web earlier this year or Morbius before that — are once again taking an obscure Marvel IP, slapping it into a “popcorn flick,” and hoping for a big payout.

But the movie isn’t even technically out yet and it’s getting panned universally by critics.

 
 

So, when it comes to the potential Grinch sequel: if I’m wrong, and there’s demand for another movie, then so be it. It’ll make money, and people will enjoy it.

If more people feel like me, then the studio will get taught another lesson about greed and overreach that they will probably still refuse to acknowledge when Cillian Murphy insists he’s open to an Oppenheimer 2

And in wrapping this tirade up, I want to say that the same principles apply in the stock market — in fact, that’s why they’re such a rich vein for us to explore and trade.

No matter what Jim Cramer may say about a stock, or the RSI or the Bollinger Bands, the only thing that ultimately matters is the sentiments of the investors who are moving the markets.

That creates a challenge, of course, because those sentiments are unpredictable.

But at least you, unlike a boardroom movie executive, have probably got the sense to realize that and trade accordingly. 

It’s a beautiful system in its way. The unpredictability is often what makes it fun. 

So keep trading, and keep enjoying your holiday season! 

But if The Grinch Who Stole Flag Day ever hits theaters… just  don’t invite me to go see it with you.

To your Prosperity,

Stephen Ground
Editor-in-Chief, ProsperityPub

 
   
 

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