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"I'm here for one reason and one reason alone. I'm here to guess what the music might do a week, a month, a year from now. That's it. Nothing more. And standing

• 082349872349872 4y ago
  probably apocryphal, but I've heard "what's it doing that for?" is the most common phrase found on aircraft black boxes. I always imagine that someone at LTCM, maybe not Meriwether or Merton or Scholes, but someone, probably uttered that phrase at some point as well.
• 1123581321 4y ago
  I watched that movie a few times before I realized Jeremy Irons was prognosticating. I had thought he was admitting he had become blind to the future, which made his decisiveness in that meeting a bit frightening.
  • dredmorbius 4y ago
    It can be both. If your business is predicting and anticipating moves, and you find that you cannot predict or identify a clear likelihood, often your best bet is to sit out. Warren Buffett has rather famously sat out several rounds of tech bubbles because he couldn't make sense of them. In the case of Margin Call however another clear interpretation is that Irons is seeing that "the music stops playing", e.g., the game is over.