Money Lessons: Why re-watching old favourites in theatres is a smart investment

You shout out all of the Gabbar Singh dialogues, you realize Veeru goes to be drunk atop the village water tank, you maintain your greatest good friend’s hand as Jai and Veeru rejoice the music of friendship.

You journey within the native practice after having watched Khosla Ka Ghosla, uncaring of the unusual stares from the folks subsequent to you since you are grinning to your self.

You put on white to look at Taal… You cry silently within the theatre crammed with Guru Dutt followers, every re-living totally different hurts when Geeta Dutt’s voice sings ‘Wakt ne kiya kya haseen sitam…’

When new movies don’t pull within the crowds to the theatres, and OTT platforms undergo the same destiny, filmmakers and theatre-wallahs are minting cash by re-releasing previous favourites. And sure, as you don’t assume twice earlier than springing a thousand bucks or extra for popcorn and occasional, there are invaluable money lessons to be learnt from this expertise.

Investing vs. Hypothesis

If you’re reserving your tickets on a Thursday night for a model new Friday launch, hoping to get good seats on the theatre closest to you since you beloved the songs, the trailer and you will watch your favorite star within the movie? Then you’re among the many optimists, the hopefuls who imagine each film is perhaps price your time and your cash.

A few of you’ll await the weekend, phrase of mouth opinions, log on to examine what your ‘neighborhood’ is saying about it, surprise whether it is definitely worth the effort to look at it with the crowds or await the movie to indicate up on an OTT platform in eight weeks.

Each are legitimate monetary attitudes to carry. Going to a model new film on the primary day since you belief nobody else’s opinion however your personal is like speculating along with your cash. Your threat profile exhibits that you’re within the funding sport for top rewards as a result of you take a much bigger threat with investing your hard-earned cash in one thing that has not confirmed to be a bestseller.

If you’re threat averse, then you’ll wait out for the market to evaluate the inventory that you simply eye, after which spend money on it. You might pay extra (as you do while you watch motion pictures over the weekend), however you’re rewarded extra.

‘Outdated is Gold’ works in your cash too!

The Nationwide Museum of Indian Cinema in Mumbai exhibits restored cinema classics each Saturday. You watch Shammi Kapoor’s ‘Teesri Manzil’ and sing together with all of your favourites, however are secretly appalled at Asha Parekh denigrating a big individual calling him ‘Ei Mote!’ repeatedly…

Younger folks within the viewers of Sholay surprise why the film is so lengthy at the same time as the remainder of the theatre chants each dialogue loudly.

I needed to battle my manner right into a screening of Kuch Kuch Hota Hai and was grateful to look at it from the entrance row, coming house with a crick in my neck, however figuring out it was definitely worth the expertise.

You too have invested your cash in worth shares. Shares that had been as soon as underestimated by the market, however have grown considerably through the years. You’re like Warren Buffet, Benjamin Graham and Charlie Munger! They noticed the potential of sure shares and their persistence and belief paid off.

That’s why film theatres are re-releasing previous motion pictures as a result of they know that the crowds might be again, for caramel and cheese coated nostalgia, for introducing a brand new era to previous hits and sure, to convey again small joys in a world gone loopy. So go on, look out for that itemizing of your previous favorite movie and have an amazing enjoyable crammed weekend. You deserve it!

Manisha Lakhe is a poet, movie critic, traveller, founding father of Caferati — an internet author’s discussion board, hosts Mumbai’s oldest open mic, and teaches promoting, movies and communication. She may be reached on Twitter at @manishalakhe.