randolph and mortimer duke bet

They called it the Eddie Murphy rule. A minute later, everything on the trading floor goes quiet. SMITH: And the movie lives on in another way. Everybody else sees this and thinks the Dukes know something. He is also keenly interested in science and enjoys reading and discussing experiments from published journals (much to his brother's chagrin). A purely fictional move, but, you know, enough to enable these guys to retire handsomely. But Winthorpe and Valentine find out what the Dukes are up to, and they manage to steal the crop report before the Duke brothers get it. Our heroes, Eddie Murphy and Dan Aykroyd, walk out onto a crowded commodities trading floor. This summer, one of the iconic screwball comedies of the 1980s, "Trading Places," turns 30. I've won the bet. Holding opposing views on the issue of nature versus nurture, they make a wager and agree to conduct an experiment—switching the lives of two people on opposite sides of the social hierarchyand observing the results. Winthrop’s employers, the elderly Duke brothers—Mortimer and Randolph—make a bet that switching the lifestyle of the two will make Louis turn to a life of crime and enable Billy Ray to become a … Dan Aykroyd has been watching the chaos around him, and he finally speaks. Just another city Trump can point at and show voters this is your future for voting blue. Alias On Oct. 16 let's all be grateful that these bosses from movies and television aren't our employers. Randolph And Mortimer Duke Vote Duke Bros 2020 Bet You 1 Well Win Shirt, Tank Top, V-neck, Sweatshirt, And Hoodie. They're brothers. But Robert Smith, of NPR's Planet Money team, thinks there's something about the film that average viewers might not know. The price goes up, $1.10 a pound, $1.20 a pound, which brings us to the most pivotal moment in the movie. Occupations He says "Trading Places" is the most sophisticated treatment of the financial industry in American cinema. You seen "Porgy and Bess"? The price goes up and up and up, and the Dukes keep buying. RANDOLPH DUKE: Ezra, right on time. You see, Mortimer? Take your favorite fandoms with you and never miss a beat. Mortimer Duke is more stern and greedy than his brother; he spends most of his time reading financial papers and cares little for the affairs of anything but his company. Plunder a top secret crop report in order to corner the Frozen Orange Juice market and make millions on the Stock Exchange. Once you have a man with no legs, you never go back, baby. Brothers Randolph and Mortimer Duke own a commodities brokerage firm, Duke & Duke Commodity Brokers, in Philadelphia, Pennsylvania. Dan Aykroyd, in the movie, has essentially locked in a bunch of people who have promised to give him $1.42 per pound for OJ in April. On the TV, the secretary of agriculture walks up to a podium and reads the orange crop report. Drive Up The Price Of Orange Juice Futures. But what actually happens? They're betting the price will go up. Randolph Duke: [Valentine overhears the Dukes talking in the bathroom] Pay up, Mortimer. So they decided to make a bet and conduct an experiment by changing the social positions of two people and putting each of them in the position of the other person and see the outcome of their experiment. Give The Duke Brothers Bad Information. Randolph Duke : [Valentine overhears the Dukes talking in the bathroom] Pay up, Mortimer. All those traders who, a minute ago, were buying all they could, now suddenly need to sell. Mortimer Duke: Here, one dollar. Randolph and Mortimer Duke are the main antagonists of the 1983 satire film, Trading Places, and make a minor cameo appearance in Coming to America. Louis Winthrop III is a successful Philadelphia commodity broker. They pocketed the difference on millions of pounds. SMITH: Who better than an actual frozen OJ trader to rewatch this movie with because I got to be honest with you, the end of this comedy is so complicated that generations have gone by with no one understanding exactly what happened at the climactic scene at the end. What they don't know is that the report is fake. They're betting the price will go up. So the price starts falling. A snobbish investor and a wily street con artist find their positions reversed as part of a bet … SMITH: OK, this is totally unrealistic. Mortimer Duke: We seem to be paying some of our employees an awful lot of money. Greedy Thieves, Business skillsTrading skillsImmense wealth. They hired Clarence Beeks (a security officer from the company holding the crop reports) to steal the reports on New Year's Eve (two days before they went public). Randolph and Mortimer Duke founded "Duke & Duke Commodities Brokers" together in their youth and by the time of Trading Places had built the firm to great success, making their names notable throughout the financial world. A few years later, Randolph and Mortimer are living homeless in New York when a man (a prince also played by Eddie Murphy) gives them a huge amount of money (claiming it to be "pocket change") resulting in Randolph stating "Mortimer....We're Back!". With the help of Clarence Beeks, the Dukes successfully frame Winthrope for dealing drugs and have him fired, arrested and cause his fiance to leave him while at the same time taking Valentine off the street and settling him into Winthropes house with his former butler, Coleman. Payroll checks for our employees, which require your signatures. Louis Winthorpe III (Dan Aykroyd) is a well-educated and rich commodities broker who has it all. You can sell high, and then turn around quickly and buy low. ... they hatch a bet. Mortimer Duke: Here, one dollar.. Randolph Duke: [chuckling] We took a perfectly useless psychopath like Valentine, and turned him into a successful executive.And during the same time, we turned an honest, hard-working man into a violently, deranged, would-be killer! There are a couple of bad guys in the movie, Randolph and Mortimer Duke. In other words, Winthorpe and Valentine have contracts allowing them to buy millions of pounds of orange juice in April for 29 cents a pound, and to sell it for $1.42 a pound. Partners in Crime Eventually on Christmas Eve, Winthrope storms Duke & Duke during the Christmas Party, armed and intending to plant drugs in Valentine's office. PERONIS: He's selling 30 futures contracts, at a price of 142 per pound. I've won the bet. Goals The Democrats are funded by Wall Street. Mortimer believes good breeding makes a man a success, no matter how much opportunity the world provides to him, while Randolph believes a rich man will deteriorate and a poor man will succeed if placed in the right environment. All the other traders think the price in April will be higher than $1.42. The Dukes made the opposite bet and went broke. Following Valentine's arrest, the Dukes decided to perform an experiment based around the Hereditary vs Environment argument (outlined in Randolph's Science Magazine); the two make a bet that Randolph could take Valentine and with good environment, turn him into a successful company executive, while at the same time taking the successful Winthorpe and proving that placing him in the worst environments would turn him into a criminal. Now aware that he and Winthorpe had been cruelly used, Valentine went to Winthorpe where the two of them plotted their revenge against the Dukes. The market opens, and the Duke brothers' trader starts buying. If you are 18 years or older or are comfortable with graphic material, you are free to view this page. MathematicsBusiness skillsTrading skillsImmense wealth And you can think of these things as bets on what the price will be in the future. I know what you're thinkin'. To settle the score, the Duke Brothers conspire to orchestrate a “life swap”, switching the environments and lifestyles of Billy Ray Valentine (Murphy) and Louis Winthorpe III (Aykroyd). When the price hits 29 cents a pound, Winthorpe and Valentine start agreeing to buy orange juice in April. This is the most crucial line in the movie "Trading Places," and it is incomprehensible. After figuring out the Dukes plan to steal the crop reports, Winthorpe and Valentine manage to trail and incapacitate Beeks on News Year Eve, before delivering a fake crop report to the Dukes. Both of them are extremely selfish and show psychopathic tendencies, framing Winthorpe and robbing him of everything in his life just because of a bet over merely one dollar, with Randolph even stating they had done it before to other people just because they felt like it. A great memorable quote from the Trading Places movie on Quotes.net - [Billy Ray overhears the Dukes talking in the bathroom] Randolph: Pay up, Mortimer. And during the same time, we turned an honest, hard-working man into a violently, deranged, would-be killer! Never would the entire market stop just to hear the secretary of agriculture. SMITH: Everyone is staring up at the clock, waiting for exactly 9 a.m. SMITH: And what they're doing, in all this chaos, is now they're buying and selling future contracts on the price of frozen orange juice. There are a couple of bad guys in the movie, Randolph and Mortimer Duke. This will give them inside information on what's going to happen in the market for frozen concentrated orange juice. He has caught in the act by Valentine and the Dukes before leaving frantically waving a gun around. Origin Upper-crust executive Louis Winthorpe III (Dan Aykroyd) and down-and-out hustler Billy Ray Valentine (Eddie Murphy) are the subjects of a bet by successful brokers Mortimer (Don Ameche) and Randolph Duke (Ralph Bellamy). But if I remember correctly, we valued it for the insurance company at $50,000. There you are. Randolph and Mortimer Duke bet one dollar that they could ruin Louis Winthrope’s life and turn Eddie Valentine into a respectable man. Otherwise, you should close this page and view another page. The "30" in his line means he wants to start by selling 30 contracts. Randolph Duke was portrayed by the late Ralph Bellamy, and Mortimer Duke was portrayed by the late Don Ameche. 1. (Also, that "30" might be some other number. It was updated on July 19 to add audio from the radio version. But let's just go with this. He appears to be keen at mathematics, performing quick calculations over the companies profits.

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