Hi, this is Daniel Garber at the Movies for culturalmining.com and CIUT 89.5 FM.

TIFF23 is over but it has ushered in Toronto’s Fall Film Festival Season. Toronto Palestine Film Fest offers film screenings, live concert performances and museum installations, starting on Sept 27th. And you can catch eight short dance films, called “8-Count” at the Hot Docs cinema on the 27th and at York U on the 28th. But this week, I’m talking about three more great movies that played at TIFF, all from the USA, all set in Massachusetts. There’s a prep school student named Tully, a novelist with the nom de plume Studd, and an online investor known as Roaring Kitty.

Dumb Money

Dir: Craig Gillespie

Keith Gill (Paul Dano) is a investment analyst in Brockton, Massachusetts who posts his financial details daily online on a  sub/Reddit. He works out of his basement. One day he notices a stock he likes is undervalued, so he buys 50,000 shares and posts the recerd  on YouTube. It’s GameStop, a shopping mall chain that buys and sells video games and equipment. And when it goes viral, and everyone starts buying them, the prices climb. The chain doesn’t go bankrupt and ordinary people — the dumb money of the movie title — start making good money on sites like Robinhood. That’s good for everyone, right? No — not for short sellers. Those are the wall street tycoons who make their fortunes by betting on the future price of a stock being lower than the current price. But this one is soaring exponentially, resulting in a short squeeze where the short sellers have to buy back shares at a much higher rate than they bet on. Can Keith — and all his followers — keep GameStop shares afloat? Or will Wall Street triumph once again? 

Dumb Money is a simple but very fun movie — based on a true story that happened just two years ago — about ordinary investors trying to beat Wall Street at their own game. It follows Gill, his wife Caroline (Shailene Woodley) his bro Kevin (Pete Davidson), and the many small investors across the country: a nurse, some college students, even a mall employee of GameStop (played by actors including America Ferrera, Anthony Ramos). They’re pitted against the Wall Street short sellers (Vincent d’Onofrio, Seth Rogan). Most of the characters never actually meet one another, but somehow it all holds together. It’s a lot like The Big Short, but the heroes and heroines are regular people not just a bunch of rich guys playing the system. There’s a warm and rustic feel to this  movie — a nostalgia for last year! —  with nice characters you want to get to know. Nothing spectacular but Dumb Money is highly entertaining and a hell of a lot of fun.

For some reason, I really like this one. 

American Fiction

Co-Wri/Dir: Cord Jefferson

Thelonious Ellison (Jeffrey Wright) known as “Monk” to his family and friends is an upper-middle writer and academic. He’s spending time with his family in Massachusetts after being unceremoniously put on leave from his college for displaying the “N word” in class — white students said it made them feel “uncomfortable”. Coming from a family of doctors (he’s a PhD), Monk has very high standards when it comes to literature. He sneers at pulp fiction. Unfortunately his novels aren’t selling.  What is selling is We’s Lives in Da Ghetto, written by an equally upper-middle-class, college-educated writer, Sintara Golden (Issa Rae).  Monk holds fast to his ideals: he’s a writer who is black, not a black writer. But his agent (Jon Ortiz) wonders why Monk can’t write more “black”. In a fit of pique, Monk churns out the trashiest novel he can imagine, full of dreadful stereotypes and contrived black slang, gangstas, single parent families and crack dealers. But to his surprise and disgust, there’s an instant bidding war for the book, finally offering him 3/4 of million dollars. (He wrote it under the pen name Stagg R. Lee, posing as a fugitive from the law.) He wants to come clean  and call off the deal, but he does need the money to pay for a nursing home for her mom (Leslie Uggams). But as his mythical fame starts to grow, and Hollywood comes knocking at his door, he winders how long the truth comes out?

American Fiction is a scathing comedy about academia, literature, movies and white American attitudes toward Blacks. It’s also an interesting family drama — with his clever divorced sister Lisa, his incorrigible divorced brother Cliff (Sterling K Brown) and the family maid Lorraine (Myra Lucretia Taylor). It’s also a potential romance, when he meets Coraline (Erika Alexander) a neighbour to the family’s beach house. This is director Cord Jefferson’s first feature, but he makes a mature, clever movie. He takes what could have been a simple farce, and turns it into something bigger than that. Jeffrey Wright is perfect as Monk, never hamming or mugging, just honing his character to a sharp and pithy — but flawed — person. 

Great movie.

The Holdovers

Dir: Alexander Payne

It’s December, 1969 at Barton Academy, an elite prep school in New England. Mr Hunham (Paul Giamatti) the hard-ass classics teacher, is put in charge of the kids who have nowhere to go over the winter holidays. Although its Christmas, he assigns the kids homework. These boys are troglodytes and its up to Hunham to whip them into shape, or at least try to. He’s the kind of guy who drops quotes in Latin and ancient greek to no one else’s amusement. He has a glass eye and smells like old fish. Cooking and cleaning is done by Mary Lamb (Da’Vine Joy Randolph). She works at Barton so her son can study there and go to University. But, unlike the rich kids he couldn’t afford to pay for college. So he got drafted and died in Vietnam. Mary is still at the school, because where else is she going to go? Then there’s the students — Jason, an heir to a aviation fortune but his hair is too long for his dad’s wishes; the class pot dealer, Kountse, and Alex and Ye-Joon two little kids, too far from home — their parents are in Salt Lake City and Seoul. But after an unexpected event, only one student is left with Mary and Mr Hunham.

Angus Tully (Dominic Sessa) is the smartest kid in class, gangly and arrogant, but also a trouble maker. His divorced parents are rich but neglectful, so he’s been kicked out of a long list of prestigious boarding schools. If it happens again he’ll be sent to military school, a fate worse than death. Can the three of them, Angus, Mr Hunham and Mary, form a truce and act like a makeshift family? Or will they drive each other crazy first?

The Holdovers is a remarkably good coming-of-age comedy/drama with a compelling story and fantastic acting. It tugs at your heart without ever resorting to sentimentality. Paul Giamatti is always good, in this case as an unusual anti-hero, while the other two, Dominic Sessa and Da’Vine Joy Randolph, are totally new faces (never seen them in a movie before) but they’re both so good. They are three-dimensional and real, arrogant and vulnerable, and totally believable.  I went into this movie with zero expectations, and was shocked by how good it is. I’m purposely not giving away the plot — no spoilers —  but I can’t see anyone not liking this movie.

All three of these movies played at #TIFF23. with American Fiction winning the People’s Choice Award, and The Holdovers the runner up. Dumb Money opens this weekend across Canada; check your local listings.

This is Daniel Garber at the Movies, each Saturday morning, on CIUT 89.5 FM and on my website, culturalmining.com.