I'm surprised at some of the reactions in this thread. It's not a list of what Martin Scorsese thinks are the twelve greatest movies ever made. It's not the only twelve movies he likes either since he's talked about many other movies he's liked over the years—including newer ones. It's just the twelve movies he enjoyed watching the most. As such, it's much more of a subjective and personal thing. There might be better movies out there, but that's really not the point of the list.
Hell, one of my favorite movies is Ghostbusters. This doesn't mean I think it's better than every movie made before or since. It doesn't mean I also don't watch, appreciate, and even love all sorts of movies. Out of the (many) movies I've watched, I've even seen four on Scorsese's list here too (Ugetsu, Vertigo, 2001, & Citizen Kane) and enjoyed them all. They're also arguably all much better and more influential films than Ghostbusters too. Nonetheless, I obviously don't have same the kind of emotional attachment to those that I do to some sci fi comedy from the 80s that I grew up watching all the time as a kid.
I'd assume the films Scorsese put on this list were chosen for similar reasons. This is probably why his favorites are old (much like himself). By that same token, Ghostbusters is beloved to a lot of other millennials, so I'd expect it to be on the favorites list of many people my age. Outside of that age group, I'm sure it's more of a rarity. I'm not quite getting why there's a bit of a controversy with Scorsese's choices. Don't get me wrong, I'm surprised other movies he's praised didn't make the list, but's it's not because [I thought] they were better films.
EDIT: On that note, one of the movies I was surprised to not make the list was The Third Man. Not because I think it's a better movie than say Citizen Kane, but because Scorsese wrote an article on how much he loved the movie. In fact, here's a whole article by him talking about how great the film is (and the film really is great):
https://www.independent.co.uk/arts-...e-best-revelation-in-all-cinema-10340553.html