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The best business documentaries, movies, and TV shows to stream during your time off

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The best business documentaries, movies, and TV shows to stream during your time off


With winter fully underway and stay-at-home orders back in place in many regions, you might be looking for some new (or at least, new to you) content to stream.

Maybe you have some vacation days to kill, or just want something to put on in the background while working from home. Either way, these documentaries, movies, and TV shows will simultaneously entertain and enlighten you for hours upon hours.

Documentaries

From left: Wong He, Kenny Taylor, and Jarred Gibson in Julia Reichert and Steven Bognar’s “American Factory,” on Netflix.
Aubrey Keith—Netflix

American Factory

Roughly a year after they left the White House, the Obamas inked a multiyear deal with Netflix to produce a number of original documentaries, series, and movies for the streaming service. The first project to debut was American Factory, a documentary about Chinese company Fuyao’s factory in rural Ohio, built on what was once the site of a General Motors plant. Depicting the cultural and economic clashes of high-tech China with working-class America, the 2019 film won the Academy Award for Best Documentary Feature in February 2020.

Where to watch: Netflix

Photographer Lauren Greenfield attends a press viewing of her exhibition “Generation Wealth.” Her film of the same title, on Amazon, tracks our growing obsession with affluence.
GEORG WENDT—dpa/AFP via Getty Images

Generation Wealth

While many of the subjects in Generation Wealth might seem concerned only with what is flashy and new at the present moment, American artist and filmmaker Lauren Greenfield put in the long-haul work for this in-depth examination of our growing obsession with wealth in the post–Great Recession era. Production lasted from 2008 to the film’s release in 2017, tracing Greenfield’s journey across the world—with notable stops in Los Angeles, Moscow, and Dubai—as she interviewed not only the international elite (or at least those who consider themselves as such) but also students, single parents, and others suffering under crushing debt, whether from tuition or credit cards or health care bills. Her film makes it impossible for the viewer to look away from the stark economic gap that has only grown wider in the past decade.

Where to watch: Amazon

Evidence presented in HBO’s docuseries “McMillions.”
Courtesy of HBO

McMillions

Rare is the investigative feature (published online only, not in print) that monopolizes the Internet’s attention so quickly and immensely—on a weekend, no less. By the week after its July 2018 debut, there was already an extra-hot bidding war for the adaptation rights to The Daily Beast’s engrossing exposé about the FBI’s investigation into a complex web of characters who rigged McDonalds’s popular Monopoly game at the turn of the millennium. There is a Hollywood film now in development—with the working title McScam, and Matt Damon and Ben Affleck attached to the project—but HBO’s documentary McMillions looks at the debacle from the FBI’s perspective, featuring numerous interviews with players on both sides of the investigation.

Where to watch: HBO

Elizabeth Holmes and her Theranos debacle are parsed in HBO’s “The Inventor: Out for Blood in Silicon Valley.”
Courtesy of HBO

The Inventor: Out for Blood in Silicon Valley

Speaking of notorious scam artists, there might be none more fascinating, peculiar, or infuriating than Theranos founder and CEO Elizabeth Holmes. (Seriously, can you imagine if Theranos was still around in its prime form and trying to peddle COVID tests?) Building off the momentum from Wall Street Journal reporter John Carreyrou’s monumental investigative reporting and subsequent bestseller Bad Blood, which revealed Theranos’s blood tests to be a complete sham, The Inventor adds faces to many of the voices who spoke out and blew the whistle on Theranos—not only to the detriment of their careers but at risk to their personal safety. The Inventor also includes interviews with analysts and journalists who followed Theranos during its rise and fall—among them Fortune’s Roger Parloff, who speaks candidly about his own reporting on the once-wunderkind, now-disgraced Silicon Valley unicorn.

Where to watch: HBO

The Fyre Festival Documentaries: Fyre Fraud and FYRE: The Greatest Party That Never Happened

There was a brief period in 2018 when you couldn’t go to a café or bar (indoors even!) in any major city without overhearing a variation on the question, “So, have you watched the Hulu documentary or the Netflix one yet?” This would undoubtedly have been a reference to the almost simultaneously released documentaries about the infamous Fyre Festival in the Bahamas in 2017. No need to go into what happened (in case you missed it) as both documentaries will break it down, but what’s remarkable is that each production comes at the story from different angles with different voices. Quite possibly the only success story to emerge from the mess was the production of these companion documentaries themselves.

Where to watch: Fyre Fraud on Hulu; FYRE on Netflix

Movies

Jon Favreau (left) and John Leguizamo in “Chef.”
Courtesy Open Road Films

Chef

Somewhere between 2009 and 2015, food trucks ate the planet. Of course, someone made a movie about one. Written, coproduced, directed by, and starring Jon Favreau, Chef follows a head chef in Los Angeles who up and quits his job amid frustration with a domineering restaurateur and after an altercation with a food critic. Favreau’s character decides to head back to his roots, trying to find his flavor again by launching a food truck in Miami. Word to the wise: Either eat a big meal before watching or plan to eat while streaming. Food is the true star of this film.

Where to watch: Netflix

Like a Boss

Let me get this out of the way right now: This movie is ridiculous. More important: It’s so much fun. Starring Salma Hayek, Tiffany Haddish, and Rose Byrne, the plot follows a pair of childhood friends turned business partners (Haddish and Byrne) who have their own private beauty brand that’s growing a loyal customer base. One of their products happens to catch the eye of a beauty conglomerate bigwig (Hayek), who proposes to buy their business and seemingly promises them creative and financial autonomy. (And, of course, that doesn’t go to plan.)

Where to watch: Amazon

Moneyball

In what could be the most perfect sports-meets-business movie, 2011’s Moneyball stars Brad Pitt as Oakland Athletics general manager Billy Beane, whose stroke of genius in just trying to balance a budget results in the complete overhaul of Major League Baseball.

Where to watch: Netflix

Up in the Air

Certainly, there are more soul-killing jobs than being assigned to conduct layoffs at local offices across the country. And yet 2009’s Up in the Air really sits with you long after viewing. George Clooney’s corporate “downsizer,” Ryan Bingham, soon finds himself fighting for his own job amid company budget cuts. (The irony is palpable.) Anna Kendrick’s Natalie Keener brings a bit of levity and humanity to the narrative as a young professional learning the ropes while on tour with a reluctant Bingham. For frequent fliers, the B-plot is most certainly Bingham’s quest to surpass 10 million frequent-flier miles and have his name embossed on a jumbo jet. (Some of us are satisfied with just being bumped up to business class.)

Where to watch: Amazon

Working Girl

Naive but charming in a way that only a 1980s rom-com could be, Working Girl follows Melanie Griffith’s Tess from Staten Island to Wall Street, and from secretary to businesswoman. Griffith is delightful and bubbly, quick with savvy ideas that often go overlooked owing to her professional station and gender. However, to be perfectly honest, not everything in this movie has aged well. (Sorry to say, but Harrison Ford’s character and dialogue frequently come off as creepy, if not downright sleazy.) Also, Sigourney Weaver’s character is often regarded as the “villain” of this movie. (Okay, she might have stolen a few ideas from Tess.) But looking at it through a 2020 lens, she’s not all that bad. She’s depicted as “unlikable” (that hideous term), but frankly, no one has the right to live in her apartment or use her clothes without permission! Nevertheless, the ending, the soundtrack, and Joan Cusack make this film worth watching over and over and over again.

Where to watch: Hulu

TV Shows

Staff meeting at the talent agency ASK in Netflix’s “Call My Agent!”
Courtesy of Netflix

Call My Agent!

Step away from Emily in Paris. This is the Paris-set comedy you should be streaming this winter. Originally titled Dix Pour Cent (Ten Percent), Call My Agent! is a satire about cutthroat entertainment agents dealing with all the grunt work for their vain actor clients (played by real French stars).

Where to watch: Netflix

HBO’s new reality series “House of Ho” tells the tale of a wealthy Vietnamese-American family in Houston
who’ve built a multimillion-dollar empire.
Courtesy of Elizabeth Morris—HBO Max

House of Ho

On the surface, House of Ho might seem as if it’s trying to mooch off the success and popularity of 2018’s Crazy Rich Asians. But this is not your average reality show, and even with all the excessive displays of wealth, this is not anything like Keeping Up With the Kardashians. The HBO series chronicles the lives of a wealthy Vietnamese-American family in Houston. Binh and Hue Ho came to the U.S. during the mass exodus of immigrants from South Vietnam in 1975, and both worked in lower-income jobs for years before launching businesses (a bank and real estate development company) that produced millions, enabling their lavish lifestyle. But their children have only known lives of luxury, and this series homes in on that generational divide between immigrant parents and first-generation American children—to an extreme degree, to be sure, but one that might not seem so foreign to many viewers.

Where to watch: HBO

David Jonsson stars in HBO’s “Industry,” a drama that tracks recent grads as they navigate workplace culture and ambition in London’s financial world.
Courtesy of Amanda Searle—HBO

Industry

For some of us, it’s hard to imagine or even watch new shows set in office environments, given how many people are working from home indefinitely right now. But HBO’s latest drama series offers a complete escape (at least for most of us normals) from reality in any time period. Industry follows a group of Gen Z professionals competing for jobs at a top investment bank in London. And given that this is HBO, there is a lot of backstabbing and workplace “romances” (if you will).

Where to watch: HBO

Siblings (played by Jeremy Strong and Sarah Snook) vie for control of a family media empire in the HBO drama “Succession.”
Courtesy of Peter Kramer—HBO

Succession

Where does one even begin with one of HBO’s best shows ever, if not one of the best shows on television ever? Loosely based on the Murdoch family, Succession follows the Roy family after the patriarch suffers a major medical emergency, calling into question—you guessed it—who among his children will control the company’s major assets. This show gets better and better with each episode, and while it’s easy to binge both seasons available so far, season three is a long way off, given production was delayed because of the pandemic. (The COVID crisis has also inspired fans to imagine how each Roy reacted to the lockdowns and where they quarantined. You just know that Roman held a secret party on that yacht, which turned into a superspreader event.)

Where to watch: HBO

Suits

You don’t need to go to law school to figure out that most of the plotlines in USA Network’s Suits are simply not possible in the real world. But this show is just so much fun to watch that it doesn’t matter. The dialogue is snappy, the pop culture references would be overwhelming if that weren’t the point, and yes, the suits (in terms of the wardrobe) are pure eye candy. If you’re looking for a show to binge-watch for a long period of time, Suits has nine seasons of material, and quite a few of the series cast members stick it out until the end. (I would have walked if Rick Hoffman left early. Louis Litt is this show.)

Where to watch: Amazon

Younger

The premise of this series, from Sex and the City producer Darren Star, is that a woman reentering the working world at age 40 pretends to be much…younger to get her dream job (or at least a stepping-stone to a dream job). Now, to some, that may seem preposterous. To the rest of us, that actually sounds plausible. Since its release in 2015, the dramedy, starring Sutton Foster and Hilary Duff, has sustained positive reviews and a loyal following, and there is still time to catch up as the seventh season, scheduled to resume filming next year, is expected to be the show’s last.

Where to watch: Hulu

More must-read lifestyle and entertainment coverage from Fortune:

  • The 10 best business books of 2020
  • Disney’s profits on streaming services are expected to plunge—and investors love it
  • “The Mozart of fungi”: For ages, truffle hunting has been one of the most challenging pursuits on earth. Then the pandemic hit
  • Commentary: 5 ways the pandemic will transform the live theater industry
  • Lessons from HBO Max’s streaming surprise

Business

Elon Musk loves Joe Biden

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A deluge of feedback in a turbulent week


Good morning.  In a lengthy phone interview with Fortune’s Vivienne Walt last week, the world’s richest man (sorry, JB) gushed over the new American president. “I’m super fired up that the new administration is focused on climate,” he said. 

Musk fan boys can tell you that his political views have long leaned to the right, on many issues. He has fought unionization at his factories, and in 2018, donated far more to Republicans than Democrats.

But his turnaround on Biden should come as no surprise. The Biden team is contemplating a variety of measure to encourage electric cars and attack climate change—which can only mean more money in Musk’s pocket. It recognizes a new reality in the climate debate from a decade or two ago. Businesses used to routinely oppose climate discussions because they feared resulting taxes and regulations. But one person’s tax is another’s subsidy. And today, some of the biggest companies—Tesla included (No. 7 in market cap in the S&P 500)—are on the receiving end.

More news below. And here’s your fact for the day: For the first time in 37 years, Budweiser will not be advertising in the Super Bowl. I guess the Clydesdales are in quarantine.

Alan Murray
@alansmurray

[email protected]



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What the savvy investor can learn from the bonkers rally in GameStop shares

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What the savvy investor can learn from the bonkers rally in GameStop shares


This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here.

Good morning, Bull Sheeters. Tech stocks are leading the way this morning, sending U.S. futures mostly higher, and lifting global stocks, too.

It’s a big earnings week for Big Tech with one half of the FAANGM sextet reporting in the coming days.

In today’s essay, I look at the bubbly trade in penny and loss-making stocks, including the crazy surge in GameStop.

But first, let’s see where investors are putting their money.

Markets update

Asia

  • The major Asia indexes are mostly higher in afternoon trading with Hong Kong’s Hang Seng up 2.4%, continuing an impressive monthlong rally.
  • The big gainer is Tencent, which at one point was up more than 10% on Monday as bulls poured into call options at a staggering clip.
  • China is the new global leader for business investment. The much watched figures on direct foreign investment came out this weekend, showing the U.S. lost the No. 1 position in the past year, thanks to COVID-19.

Europe

  • The European bourses were mostly higher out of the gates with the Stoxx Europe 600 up 0.5% at the open, before slipping.
  • President Biden phoned a slew of world leaders this weekend, including Britain’s Boris Johnson. Downing Street was quick to highlight that the topic of a trade deal came up on the call. The White House had a different recollection of the conversation.
  • The one-two punch of Brexit and COVID is jangling nerves in the U.K.’s financial and business capital. Roughly 40% of Londoners say they’d consider a move across the Channel to Europe.

U.S.

  • U.S. futures point to a positive open. That’s after all three exchanges closed out last week in the green.
  • Goldman Sachs equity strategists see signs of “froth” and “unsustainable excess” in the U.S. stock market. It’s not just with SPACs, they warn, but also the “bubble-like” enthusiasm for stocks with negative earnings. There’s more on this below in today’s essay.
  • Big tech dominates the earnings calendar this week. The big names include: Microsoft (Tuesday), Apple and Facebook (Wednesday).

Elsewhere

  • Gold is flat, trading around $1,850/ounce.
  • The dollar is down.
  • Crude is up, with Brent trading above $55/barrel.
  • As of 9 a.m. Rome time, Bitcoin was up around 1%, at $33,300.

***

Game on

The B-word comes up a lot on Wall Street these days.

As Goldman Sachs equity analysts wrote in a note this weekend, “among the questions we receive most frequently from clients is whether U.S. stocks trade at unsustainably high levels (read: “Bubble”).”

The answer to that question is: yes, bubbles abound. But you have to know where to look for them.

For example, equities pros struggle to find an adjective for the craze in blank-check SPACs. There have been 56 SPAC IPOs so far in 2021, raising $16 billion. (If SPACs still puzzle you, check out Fortune‘s Jeff John Roberts analysis of what a “lousy” investment the SPAC is for anybody looking to make a quick and decent return.)

There are other alarm bells Goldman sees in the markets—namely, the robust trade in penny stocks, in companies hemorrhaging losses and in overvalued stocks (as represented by EV/sales multiples hitting or exceeding 20X). It almost goes without saying that such risky bets usually don’t end well. And yet volumes in these YOLO (you only live once) trades are reaching historic highs.

EV/sales is a much watched metric. It gives investors a good idea of whether the market value of a company (factoring in its level of equity and debt) is in line with revenues. A stock with a relatively low EV/sales—say, under 1X—may be a company that’s undervalued despite decent top-line growth. A high EV/sales ratio, meanwhile, indicates investor exuberance is running hot for a business whose stock price is growing faster than sales—or so it often seems.

They tend to be highly risky.

“Since 1985,” Goldman writes, “the median stock trading at an EV/sales multiple above 20x has generated a subsequent 12-month return of -1%, compared with +6% for the median US stock.”

In the past month, nearly one-quarter (23%) of shares that have changed hands are companies with out-of-whack inflated EV/sales, as the table above shows. Meanwhile, there’s been a similar surge in the volume of trading in firms with negative earnings.

One such beloved loser is GameStop; it’s soaring again this morning in pre-market trading. The loss-making video game retailer is up nearly six-fold since Jan. 12 as retail investors go all in to punish the many shorts that are betting on its crash. It’s being called the mother of all short squeezes, and it’s triggering a whole slew of vicious take-downs on Twitter. The big scalp for the WallStreetBets crowd is the veteran activist short Andrew Left of Citron Research, who it appears is losing huge sums on his bearish position at the moment.

At one point on Friday, GameStop was the most actively traded U.S.-listed company, Bloomberg reported. Never mind that it had a rough Christmas sales period, and recently delivered a sobering outlook that involves further belt-tightening to weather its COVID-battered market.

GameStop bulls—I can’t believe I just typed those words—are going all in on the stock as if it were an e-commerce juggernaut.

If you were a bubble hunter, stocks like this one would be worth examining.

***

Have a nice day, everyone. I’ll see you here tomorrow… Until then, there’s more news below.

Bernhard Warner
@BernhardWarner
[email protected]

As always, you can write to [email protected] or reply to this email with suggestions and feedback.



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What does big business need to do to earn your trust?

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What does big business need to do to earn your trust?


A peaceful transfer of power doesn’t mean that threats of political violence—and difficult conversations about it—have ended. Tim Ryan, the chair of PwC U.S. weighs in with some advice below. (Hint: The actual challenge leaders are facing is proving that they’re trustworthy.)

But first, here’s your Inaugural poet Amanda Gorman-inspired week in review, in Haiku.

“Where can we find light 
in this never-ending shade?”
Asked by a new voice,

in a new moment,
free from the belly of a 
beast that stalks us all.

It took a poet
to capture the promise of
a hard-won hill, climbed

by many on the 
backs of a justice-seeking
few. Unfinished, yes

we are. But here’s a
good place to start: Pay all the
poets what they’re worth.

Wishing you a lyrically peaceful weekend.

Ellen McGirt
@ellmcgirt
[email protected]



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